All cards / HSBC India
HSBC Premier Mastercard Credit Card
A relationship-gated super-premium travel card bundled with HSBC Premier banking — strong lounge and hotel privileges, but inaccessible unless you already qualify for HSBC's Premier banking tier. Travel bookings made through HSBC's own portal earn a steep multiplier — reportedly up to 12X on hotels and 6X on flights — well above the card's 3-points-per-₹100 base rate, though several everyday categories like utilities, insurance, and real estate only earn points up to a ₹1 lakh monthly spend ceiling. Guests accompanying the cardholder also get a handful of complimentary international lounge visits each year, on top of the cardholder's own unlimited access.
Annual fee
₹20,000
Joining fee
₹12,000
Reward type
points
Base reward rate
3%
Card network
Mastercard
Card tier
Super-premium
Who this card fits
Best suited to applicants with a credit score of roughly 780+ whose spend is concentrated in travel, dining. It's worth the annual fee mainly if your points value clears it.
Rewards & benefits
- Movie & dining: 30% off (up to ₹1,500) via EazyDiner and 10% savings with District by Zomato
- Rewards rate: 3% base rate
- Travel: Complimentary upgrades at participating Mastercard Travel & Luxury hotels; large booking multipliers (up to 12X on hotels, 6X on flights) through HSBC's Travel with Points portal
- Domestic lounge access: Complimentary access to 1,400+ airport lounges worldwide (including domestic) via Mastercard Travel Pass
- International lounge access: Complimentary access to 1,400+ airport lounges worldwide via Mastercard Travel Pass, plus 8 international guest visits/year
- Insurance benefits: Lost-card liability cover up to ₹3,00,000 for unauthorized use from 24 hours before reporting loss
Benefits by category
- 🍽️ Dining & food delivery
3% reward rate
- ✈️ Travel
36% reward rate · Complimentary access to 1,400+ airport lounges worldwide via Mastercard Travel Pass, plus 8 international guest visits/year
- 🏨 Hotel
30% off (up to ₹1,500) via EazyDiner, 10% savings with District by Zomato, and complimentary upgrades at participating Mastercard Travel & Luxury hotels · 3 points per ₹100 spent, up to 12X on flights/hotels/car rentals via Travel with Points; points never expire
- 🛡️ Insurance
Lost-card liability cover up to ₹3,00,000 for unauthorized use from 24 hours before reporting loss
- ⛽ Fuel
1% fuel surcharge waiver on transactions ₹400–₹4,000
- 🌍 Forex / international spend
0.99% forex markup on international transactions
Eligibility
- Minimum credit score: 780
- Minimum monthly income: ₹3,00,000
- Employment: salaried, self-employed
- Age: 18–65
Fees & charges
- Foreign currency markup: 0.99%
- Cash advance charges: 2.5% of the withdrawn amount or ₹300, whichever is higher; interest accrues from the date of withdrawal
Benefits
- 20,000 bonus reward points on card activation
- Complimentary access to 1,400+ airport lounges worldwide via Mastercard Travel Pass, plus 8 international guest visits/year
- Lost-card liability cover up to ₹3,00,000 for unauthorized use from 24 hours before reporting loss
- 1% fuel surcharge waiver on transactions ₹400–₹4,000
- 30% off (up to ₹1,500) via EazyDiner, 10% savings with District by Zomato, and complimentary upgrades at participating Mastercard Travel & Luxury hotels
- 3 points per ₹100 spent, up to 12X on flights/hotels/car rentals via Travel with Points; points never expire
Pros
- + 1,400+ airport lounges plus hotel/dining privileges
- + 20,000-point welcome bonus, and points never expire
- + Low 0.99% forex markup
- + Large hotel/flight booking multipliers through HSBC's own travel portal
Cons
- − Only available to existing HSBC Premier banking customers (₹50L TRB or ₹3L/month salary credit)
- − Very high joining (₹12,000) and annual (₹20,000) fees if Premier criteria aren't maintained
- − Utility, insurance, and real estate spend only earns points up to a ₹1 lakh monthly cap
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