Overview
The HSBC Premier Credit Card is a metal, super-premium card built for frequent flyers and luxury lifestyle seekers. It delivers exceptional reward value, especially on travel spends — offering up to 72% valueback on hotel bookings and 36% on flights, with seamless 1:1 reward point conversion to 20+ airmiles and leading hotel loyalty programs.
Cardholders enjoy premium lifestyle and travel benefits such as unlimited airport lounge access worldwide, iincluding guest visits, room upgrades and premium benefits at luxury hotels, premium experiences etc.
Pros
- Extremely high valueback on flights and hotel booking
- Lowest price guarantee on flights booking through HSBC Travel Portal
- Large number of Airmiles and hotel points programs to redeem reward points
- Except fuel, all kind of spend give reward points. This is very rare nowadays as almost all other credit cards have long list of exclusions.
- Great lifestyle benefits - free movie tickets, airport lounge access, experiences and hotel upgrade benefits etc.
- Good customer service and premier experience
Cons
- Relatively very low reward rate on most of the things except flights and hotel bookings. No accelerated rewards on giftcards option
- Very high eligibility criteria specially if its not through salary account
Fees & Charges
Rewards and Benefits
Reward Rate
Base Reward Rate
Accelerated Reward Rate
Welcome Benefits
Renewal Benefits
Rewards & Cashback Details
- Accelarated Rewards
- Hotels: Get 36 Reward Points (= 36 Airmiles or 36 Hotel Points) on Rs.100 Spent on Hotels booking through HSBC Travel Portal. This is equivalent to 36% to 72% Valueback. If redeemed on Accor Hotels, net valueback increases to 72%.
- Flights: Get 18 Reward Points (= 18 Airmiles or 18 Hotel Points) on Rs.100 Spent on Flight booking through HSBC Travel Portal. This is equivalent to 18% to 36% Valueback. If redeemed on Accor Hotels, net valueback increases to 40%.
- Car Rental: Get 6 Reward Points (= 6 Airmiles or 6 Hotel Points) on Rs.100 Spent on Hotels booking through HSBC Travel Portal. This is equivalent to 6% to 12% Valueback. If redeemed on Accor Hotels, net valueback increases to 32%.
- Accelerated Reward Points on spend on HSBC Travel Portal has monthly limit of 18,000 per calendar month. However, there is no limit on base reward points (no limit of 3 Points per Rs.100 spend).
- Limited Rewards Categories: Only upto Rs.1 Lacs cumulative monthly spend will earn reward points (at 3 Reward Points per Rs.100) on rent, taxes, utilities, education, financial services, insurance, e-wallet, jewellery, bail & bond, money transfer
- Other Spend: Get 3 reward points for every Rs.100 spent on all other spend except fuel.
- Hotel Booking on Agoda: 20% Instant Discount upto Rs.8,500 per month on both domestic and international hotel booking on Agoda. The offer is applicable till 31st August 2026 for stay till 31st December 2026.
Rewards Redemption
- Airmiles or Hotel Points: You can instantly convert Reward points to Airmiles (or hotel points) wherein 1 reward points is equals to 1 Airmile or Hotel point. There are 15 airmiles and 5 hotels programs to transfer the reward points. Among this, the most rewarding program is Accor hotel's ALL program wherein 1 Point's value is more than Rs.2. Check-out full list of Airmiles and Hotel points partners through this link - Click Here
- HSBC Travel Portal Bookings: Pay for flights booking, hotel booking or car rental at 1 Reward Point = Rs.1 on HSBC Travel Portal. You can make upto 100% of payments using reward points. The HSBC Travel portal offers best price guarantee and refund the price difference if you find any flight or hotels are lower price on any other source within 24% of booking. It offers, very low convenience fee, 100% refund on booking cancellation option, no foreign exchange fee etc. This increases the effective savings even more.
- Apple Products: You can redeem your reward points at 1 Reward Point = Rs.1 on buying Apple products. Click here to redeem reward points on Apple products.
Additional Benefits
Lifestyle Benefits Details
Domestic Airport Lounge Access: Unlimited access for cardholder.
International Airport Lounge Access: Unlimited access + 8 guest visits per year.
Dining Benefit: 30% off on your bill (up to Rs.1,500) with EazyDiner on minimum bill value of Rs.3,000
- Movie Tickets: Buy one get one movie ticket worth upto Rs.750 per ticket twice in a month on BookMyShow
Bicester Villages Europe: Enjoy VIP guest experiences, eVIP pass discounts, hands-free shopping, private sale events and reserved parking at Bicester Villages.
Free Dining: Get 1 complimentary main course when dining at participating restaurants across Asia Pacific with Mastercard. Know more This link will open in a new window
Farfetch: Save 10% at Farfetch on full priced items when you spend of USD 300 or more, twice per calendar quarter with Mastercard.
Hotel Benefits: Enjoy exclusive savings, room upgrades and bonus rewards with Marina Bay Sands, GHA Discovery This link will open in a new window, Brilliant by Langham This link will open in a new window and more with Mastercard.
Upgrades at Hotel: Get complimentary upgrades, early check-in and late check-out, and exclusive extras at over 3,800 luxury destinations worldwide with Mastercard.
- Online Fraud Protection and Lost Card Liability: Get insurance coverage for any misuse of your card from 24 hours before reporting it lost, up to INR300,000.
Features & Benefits
No Cashback / Rewards Categories
- No reward points on Fuel. Except Fuel, HSBC Premier Credit Card earns reward points on every spend.
- Limited Rewards Categories: Only upto Rs.1 Lacs cumulative monthly spend will earn reward points (at 3 Reward Points per Rs.100) on rent, taxes, utilities, education, financial services, insurance, e-wallet, jewellery, bail & bond, money transfer
Eligibility & Important Info
Eligibility Criteria
Applicant should be an existing HSBC Premier Banking customer. To qualify for HSBC Premier, you must meet at least one of the following eligibility criteria in India:
HSBC Premier Total Relationship Balance (TRB) criterion: Maintain an average quarterly Total Relationship Balance (TRB) of Rs.50,00,000 (50 lakh) OR
HSBC Premier salary criterion: Maintain a salary account with a net monthly salary credit of Rs.300,000 (Rupees three lakh only) OR
HSBC Premier mortgage criterion (effective 01 Jan 2026): Avail a mortgage relationship of Rs.1,15,00,000 (Rupees one crore fifteen lakh only) and meet the Total Relationship Balance1 (TRB) criterion of Rs.50,00,000 (50 lakh) within 12 months from the date of first disbursement of the mortgage loan.
Must be 18 years or older.
Must have a good credit history (credit score eligibility as per HSBC norms).
Important Links
- To know the Domestic Airport Lounge Access network, click here
- HSBC Airport Lounge Program for HSBC Premier Card: https://www.loungekey.com/HSBCPremierIndia
Upcoming Changes
- Buy One Get One Movie Ticket benefit is valid till 31st March 2026. HSBC may renew the offer, or may discontinue or may renew with lower value of free movie ticket.
Add-on Cards
- HSBC provides upto 3 complimentary Add-on credit cards for close family members (parents, siblings, son-daughters above 18 years old. spouse)
- Add-on cardholders must be 18 years or older.
- Add-on cards are linked to the primary cardholder’s account.
- Add-on cardholders earn rewards and cashback same as the primary card.
Classification
Related Cards
ICICI Bank Emeralde Private Metal Credit Card
HDFC Biz Black Metal Edition Credit Card
