To add to my post, I have found out that even ICICI has the same offer where they will preload your credit card with Rs. 250/- cash back and the same will be credited when you use your card within 30 days of getting your card. While the HSBC offer is applicable only for Gold Card, but ICICI offer can be availed for any type of cards namely, Classic, Gold, and Amex Gold. Even if you are not interested in getting yourself a card right now, you can get it and later you cancel it, at least you will get Rs. 250/- as profit from it. ;-)
I have been using ICICI for quite some time and found their service to be worth mentioning. They do listen to customers unlike some banks like ABN AMRO, with whom I have had a very bad experience with.
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