HSBC Premier Credit Card Review
The HSBC Premier Credit Card is a premium card for HSBC Premier banking customers — unlimited global lounges, an exceptionally low 0.99% forex markup and flexible, never-expiring rewards. Here is the verified review.
- Unlimited domestic & international lounge access
- Very low 0.99% forex markup
- Up to 12X points on travel; 20,000-point welcome
- Points never expire; transfer to ~20 partners (1:1)
- Fees waived on HSBC Premier eligibility
- Restricted to HSBC Premier customers
- High nominal fees if Premier criteria not met
- 3 RP/₹100 base is moderate
- Best value via travel-partner transfers
- Requires a Premier banking relationship
Fees & rewards
| Item | Detail |
|---|---|
| Fees | ₹12,000 joining / ₹20,000 renewal (waived on Premier eligibility) |
| Base rewards | 3 RP per ₹100 |
| Travel (Travel with Points) | Up to 12X on hotels/flights/car rentals |
| Welcome | 20,000 reward points |
| Transfers | ~20 partners, mostly 1:1; points never expire |
| Lounge / forex | Unlimited global + 8 guest; 0.99% forex |
Eligibility & documents
Access
HSBC Premier customers
Forex
0.99% markup
Network
Mastercard
Points
Never expire; transferable
Best for
HSBC Premier global travellers
Documents
Via HSBC Premier relationship
Who this card is for
- Best fit: HSBC Premier customers who travel internationally and value unlimited lounges + low forex.
- Skip if: you’re not a Premier customer (fees are steep otherwise).
How to apply & how to cancel
Apply: via hsbc.co.in (HSBC Premier customers). Cancel: call HSBC after clearing dues; transfer/use points first.
Final verdict
The HSBC Premier Credit Card is a top-tier travel card for HSBC Premier customers — unlimited global lounges, a market-leading 0.99% forex, flexible never-expiring points and up to 12X on travel, with fees waived for eligible customers. It’s relationship-gated, but for Premier members who travel, it’s outstanding.
Frequently asked questions
Who can get this card?
HSBC Premier banking customers who meet the eligibility criteria (fees are typically waived for them).
What’s the forex markup?
A market-leading 0.99% on all international transactions.
How do rewards work?
3 points per ₹100 (up to 12X on travel), never expiring, transferable to ~20 airline/hotel partners mostly 1:1.
What lounge access is included?
Unlimited domestic and international lounge access for the cardholder, plus 8 international guest visits.
Data current as of June 2026, cross-checked against HSBC India and aggregators. Confirm current terms on hsbc.co.in before applying.