HSBC Premier Credit Card
Best for hSBC Premier banking customers. 3 RP/Rs100; 1:1 airline/hotel transfers; points never expire
Terms as of 2026-09-27 · Checked 28 September 2026HSBC Premier Credit Card at a glance
Who it suits: HSBC Premier banking customers
Rewards & cashback
| Details | |
|---|---|
| How you earn | 3 RP/Rs100; 1:1 airline/hotel transfers; points never expire |
| Welcome benefit | 20,000 RP on activation |
Yearly reward value at base rate
| Spend | Rewards (base rate) | Net of annual fee + GST |
|---|---|---|
| ₹1,20,000 / year | ₹3,600 | -₹20,000 |
| ₹3,00,000 / year | ₹9,000 | -₹14,600 |
| ₹6,00,000 / year | ₹18,000 | -₹5,600 |
| ₹12,00,000 / year | ₹36,000 | ₹12,400 |
Base rate only; accelerated categories raise the value, caps and excluded categories (rent, fuel, wallet, utilities etc. on many cards) lower it.
Travel, lounge & fuel benefits
| Benefit | Details |
|---|---|
| Airport lounge | Unlimited domestic & international + 8 guest visits |
| Fuel surcharge | 1% on Rs400-4,000 |
| Forex markup | 0.99% + 18% GST on the markup |
Fees & charges
| Charge | Amount |
|---|---|
| Joining fee | ₹12,000 + GST |
| Annual / renewal fee | ₹20,000 + GST |
| Fee waiver | Waived for qualified Premier customers |
| Finance charge | Typically about 3.5%–3.75% per month on revolved balances (lower on some premium and secured cards) — see MITC |
| Cash withdrawal | Usually 2.5% (min ₹500) + interest from day one |
| Late payment | Slab-based, only if unpaid more than 3 days past due |
| GST | 18% on all fees and interest |
Is it worth it for you?
Eligibility & documents
| Criterion | Details |
|---|---|
| Income / criteria | HSBC Premier relationship (Rs50L TRB or Rs3L monthly salary credit) |
| Age | Salaried 18-65; self-employed 25-65 |
| Credit score | 750+ improves approval chances |
Similar cards
| Card | Issuer | Joining / annual fee | Reward rate | Best for |
|---|---|---|---|---|
| Standard Chartered Ultimate | Standard Chartered | ₹5,000 / ₹5,000 | 3.33% base value | High flat reward rate on all spends |
| HDFC Bank Diners Club Black Metal Edition | HDFC Bank | ₹10,000 / ₹10,000 | 3.33% base value | High spenders wanting uncapped-lounge premium card below Infinia |
| HDFC Bank Infinia Credit Card Metal Edition | HDFC Bank | ₹12,500 / ₹12,500 | 3.33% base value | Super-premium, high-spend travellers (invite-only) |
| Standard Chartered Beyond | Standard Chartered | ₹15,000 / ₹25,000 | 3.33% base value | Affluent Priority Banking clients |
| ICICI Bank Emeralde Private Metal | ICICI Bank | ₹12,499 / ₹12,499 | 3.00% base value | Super-premium spenders wanting unlimited lounges and hotel memberships |
| Kotak Solitaire | Kotak Mahindra Bank | Free / ₹25,000 | 3.00% base value | Affluent Kotak Solitaire customers who travel abroad (zero forex) |
Frequently asked questions
What is the annual fee of the HSBC Premier Credit Card?
Joining fee ₹12,000 and annual fee ₹20,000 (plus 18% GST). Waived for qualified Premier customers.
What rewards does it offer?
3 RP/Rs100; 1:1 airline/hotel transfers; points never expire
Does it give airport lounge access?
Unlimited domestic & international + 8 guest visits
What is the forex markup?
0.99% on international transactions, plus 18% GST on the markup. On ₹1 lakh spent abroad that is about ₹1,168.
Who is eligible?
HSBC Premier relationship (Rs50L TRB or Rs3L monthly salary credit). A CIBIL score of 750+ improves approval chances.
Is the HSBC Premier Credit Card good for me?
Best for: HSBC Premier banking customers. Compare the net value after fees with how and where you actually spend — the calculator on this page helps.
Source: www.hsbc.bank.in, 2026-09-27. Card benefits change frequently — confirm the latest Most Important Terms & Conditions (MITC) on HSBC India’s website before applying. FinancePortal is not affiliated with the issuer.