HSBC Premier Credit Card
HSBC India · Open to apply
HSBC's card for Premier banking customers: 3 reward points per ₹100 that never expire and move 1:1 to most airline and hotel programmes, unlimited international lounge access, 0.99% forex markup and 20,000 welcome points. ₹12,000 joining fee; the ₹20,000 annual fee is waived for qualified Premier customers.
- Annual fee
- ₹20,000 + GST a year
- Joining fee
- ₹12,000 + GST
- Base rate
- All eligible spends, 3 points per ₹100: 3 HSBC reward points per ₹100 (about 3% at cash value)
- Lounges
- Domestic: unlimited visits a calendar year; International: unlimited visits a calendar year
- Forex markup
- 0.99%
- Data
- From bank documents, checked 6 Nov 2026
Earns nothing on
- No points on fuel
- No points on Instant EMI
Terms the calculator does not value
- Travel with Points pays 18 points per ₹100 on flights, 36 on hotels and 6 on car rentals (Base + Accelerated), with accelerated points capped at 18,000 per cardholder per calendar month and a ₹300 or ₹700 convenience fee per flight leg; not entered as a portal rule.
- Points are valued at ₹1 each on Apple products, the only rupee value HSBC publishes (the "1:1" Travel with Points redemption has no stated rupee ratio); transfer partners are valued by our programme values. Eva Air (1:1), Hainan Airlines (2:1) and Shangri-La Circle (5:1) are in the transfer table but not in data/reference/programs.yaml.
- The amounts of the baggage, delay and travel-document covers in the personal travel insurance are in the policy terms, not the service guide's summary; only the ₹1 crore air accident cover is entered.
Sources
- HSBC Premier Credit Card product page (Product page, the bank's own, read 6 Nov 2026)
- HSBC credit card Key Fact Statement (Premier column; undated) (Schedule of charges, the bank's own, read 6 Nov 2026)
- HSBC Rewards Marketplace terms and conditions (earn rules, transfer tables, Travel with Points) (Reward terms, the bank's own, read 6 Nov 2026)
- HSBC Premier Credit Card service guide (Reward terms, the bank's own, read 6 Nov 2026)
- HSBC Premier Credit Card Important Terms and Conditions and tariff (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- HSBC Premier Credit Card offer terms and conditions (9 October 2025 to 31 December 2026) (Reward terms, the bank's own, read 6 Nov 2026)