HSBC Bank credit card
HSBC Premier MasterCard Credit Card
Premium travel and rewards for qualified HSBC Premier customers
Credofly overview
Is HSBC Premier MasterCard Credit Card right for you?
The HSBC Premier Credit Card is a top-tier offering combining rich rewards with world-class benefits for loyal HSBC Premier clients. It’s ideal for high spenders seeking travel comfort and luxury.
Earn 3 Reward Points per ₹100 spent on most categories. Wallet loads, rent, utilities, insurance, and tax/government spends earn 3 RP/₹100 only up to ₹1L/month. No reward points on fuel.
What it costs
Fees & charges
Earning & redeeming
Rewards, made clear
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3 Reward Points per ₹100 on eligible retail, travel, and dining spends
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Wallet loads, rent, utilities, insurance & taxes: 3 RP/₹100 up to ₹1L/month
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No reward points on fuel
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Points never expire and can be redeemed at 1:1 for airmiles or ₹1/point for Apple products
How you can redeem
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1:1 transfer to 20+ frequent flyer programs
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₹1 = 1 RP for Apple products (via Imagine vouchers)
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Redeem for vouchers, catalog items, travel, and experiences
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No expiry on reward points
Fuel
<p>No reward points on fuel. Wallet loads, rent, insurance, utilities, and government/tax spends earn 3 RP/₹100 only up to ₹1 lakh per month.</p>Beyond rewards
Benefits that matter
Welcome offer
Earn 20,000 Reward Points when you start using the HSBC Premier Credit Card, subject to HSBC’s current introductory terms. This card is available only to qualified HSBC Premier customers in India.
Milestone benefits
N/A
Renewal benefits
Annual fee waived for eligible HSBC Premier customers
Card benefits
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Unlimited domestic & international lounge access (primary cardholder)
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8 complimentary international guest visits/year
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Buy 1 Get 1 free on BookMyShow (Saturdays, up to ₹250)
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30% off dining via EazyDiner (up to ₹1,250/month)
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1% fuel surcharge waiver
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Emergency cash access up to USD 2,000 at global HSBC branches
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Low 0.99% forex markup
Lifestyle & travel
lounge domestic, lounge international, golf benefits, movie
Our independent take
Credofly review
With 3X reward points on everyday spends, unmatched lounge privileges, and premium memberships, the HSBC Premier Credit Card stands tall in the premium category. It’s tailor-made for elite users, offering high value and global acceptance. However, the requirement to be an HSBC Premier client limits accessibility for many.
HSBC Premier Credit Card delivers luxury, travel, and reward excellence in one package. It shines with unlimited lounge access, premium dining partnerships, and versatile reward redemptions. If you’re an HSBC Premier client, this card is a no-brainer — especially with its low forex markup and waived annual fee. One of the best value-for-benefit premium cards in India.
Why we like it
A luxurious card with exceptional perks: unlimited lounge access, 3X rewards, elite brand tie-ups, and global usability. Perfect for frequent travelers and HNIs with HSBC Premier.
Strengths
- <p>Unlimited lounge access worldwide (primary user)</p>
- <p>3X reward points with strong redemption flexibility</p>
- <p>₹12,000 Taj Gift Card + memberships worth ₹10K+</p>
Watch-outs
- <p>Only for existing HSBC Premier customers</p>
- <p>No rewards on fuel spends</p>
- <p>Wallet, rent, and utility rewards capped at ₹1L/month</p>
Before you apply
Eligibility & application
Eligibility
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Must be an HSBC Premier customer
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Premier eligibility:
• Maintain ₹40L Total Relationship Balance (TRB), or
• Home loan disbursal of ₹1.15Cr+, or
• ₹3L+ monthly salary in an HSBC Premier corporate account
How to apply
Apply via Credofly in just 2 minutes:
Complete the application, upload documents, and finish Video KYC. Card is delivered within 5–7 working days.
Your questions answered
FAQs
Who can apply for HSBC Premier Credit Card?
Only HSBC Premier customers are eligible. You must maintain a ₹40L TRB, or hold a ₹1.15Cr+ home loan, or earn ₹3L+ salary in a corporate Premier account.
What’s the reward rate for wallet, rent & utility spends?
You earn 3 RP/₹100 on these, but only up to ₹1L/month. Beyond that, no rewards are given.
Are fuel spends rewarded?
No. Fuel transactions are excluded from rewards. However, a 1% surcharge waiver is provided.
Can I redeem rewards for flights or hotels?
Yes. You can convert points to air miles (1:1) or redeem for travel vouchers, Apple products, and more.
What’s included in the welcome benefit?
₹12,000 Taj gift card, Taj Epicure membership, and 1-year EazyDiner Prime — all included on activation.
Is there unlimited airport lounge access?
Yes. Unlimited access for the primary user + 8 free guest visits per year.
Is there a foreign transaction fee?
Yes — but it’s a very low 0.99%, among the lowest in India.
What happens if I lose Premier status?
You may be charged the annual fee of ₹20,000 if you no longer qualify for HSBC Premier.
From cardholders
User reviews
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Based on 6 responses
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