HSBC Cards Now Earn 5X-6X Points on Apple Purchases via Unicorn, Full Breakdown

ValueNinja Editorial Team

HSBC India has partnered with Unicorn, one of India's largest Apple Premium Reseller chains, to offer accelerated reward points on Apple purchases. If you hold an eligible HSBC card and were planning an Apple buy, here's what you need to know before you do.

How much you earn, by card

CardPoints RateMax Monthly Spend for Full 20,000-Point Cap
HSBC Privé6X (30 points per ₹150)₹1,20,000
HSBC Premier6X (18 points per ₹100)₹1,33,334
HSBC Visa Platinum5X (10 points per ₹150)₹3,75,000
HSBC RuPay Platinum5X (10 points per ₹150)₹3,75,000

The key terms you actually need to know

Is this actually worth it over a cashback offer?

Depends entirely on how you redeem. A flat cashback deal gives you certain value upfront. This doesn't, the value of HSBC Reward Points depends on whether you redeem them through HSBC's rewards marketplace or transfer them to airline and hotel partners. For a frequent traveller who already transfers HSBC points to airline miles, a high-value Apple purchase (a MacBook Pro or iPhone Pro Max, for instance) run through this offer could generate meaningfully more value than a typical instant-cashback Apple deal. For someone who'd just redeem points for cash-equivalent vouchers, the gap narrows considerably.

One thing to note: this offer sits alongside HSBC's broader push to position rewards, not cashback, as the differentiator for its premium cards (Premier, Privé, and TravelOne), so expect more category-specific accelerated-earning tie-ins like this one going forward.

The bottom line

If you already hold an eligible HSBC card and were planning an Apple purchase before July 31, routing it through the HSBC-Unicorn portal as a full-payment transaction is worth doing, the upside only shows up if you redeem points well, but there's no downside to earning more of them on a purchase you were making anyway.

Compare how your HSBC card's reward rate stacks up for an upcoming big purchase using ValueNinja's Card Recommender.