Fees
Annual feeINR 20,000 (waived for HSBC Premier relationship)
Joining feeINR 12,000 (post-activation)
Renewal feeINR 20,000 (waived for HSBC Premier relationship)
Fee waiverWaived if HSBC Premier Total Relationship Balance (TRB) ? INR 50 lakh OR net salary ? INR 3 lakh/month
Spend waiverWaived if HSBC Premier Total Relationship Balance (TRB) ≥ INR 50 lakh OR net salary ≥ INR 3 lakh/month
Interest rate2.49% per month (29.88% per annum (p.a.))
Late payment100% of Minimum Payment Due (MPD); min INR 250, max INR 950 (Premier cap)
Forex markup0.99% + GST
Cash advance2.5% of amount, min INR 300
Eligibility
Min income (salaried)INR 3,00,000/month net salary (Premier criteria)
Min income (self-emp.)Premier relationship; not standard income-based
Credit score750 - 800; existing Premier banking relationship required (CIBIL score)
Age rangePremier customer (age not separately specified)
Employment typeBoth
Resident typeIndian Resident; Non-Resident Indian (NRI) (with HSBC India account)
Rewards & cashback
Accelerated rateYes - up to 12X on hotels, flights, car rentals via Travel with Points
Cashback %NA - rewards card (5% cashback at Apple via Mastercard promo)
Redemption optionsFlights & Hotels; Air Miles Conversion; Gift Vouchers; Statement Credit; Bank Store
Points expiryNo Expiry
Travel & lounge
Domestic loungeUnlimited domestic lounge access
International loungeUnlimited international + 8 guest visits/year (Mastercard; 1,400+ airports)
Lounge conditionsNo
Insurance coverageYes
Hotel/flight offersUp to 20% at Agoda; 1 night free via Mastercard at select hotels
ConciergeYes - Mastercard concierge; HSBC Premier worldwide assistance
Forex waiver1.0% or Lower (0.99% + GST)
Lifestyle
Dining discountsYes - 30% off (up to INR 1,500) via EazyDiner; BookMyShow Buy One Get One (BOGO)
Fuel surchargeYes - 1% fuel surcharge waiver on INR 400-INR 4,000 at all fuel stations
OTT subscriptionsNo specific bundled OTT
E-commerce offersNo specific e-commerce tie-up
AdditionalHSBC confirmed Accor (ALL Accor) partnership continues (May 2026 Bonus Points Festival announced). Standard 1:1 HSBC Reward → ALL transfer ratio maintained. No change to Accor as transfer partner unlike Axis Bank which removed Accor in April 2026.
Credit limit & EMI
Default limitINR 5 - INR 10 lakh
Max limitINR 20 lakh+ (no fixed cap)
Cash withdrawal20% - 40% of credit limit
EMI conversionInstant; Post-purchase
Min EMI amountINR 5,000+
Balance transferYes
BT interest rate1% per month
Insurance & protection
Purchase protectionNo
Lost card liabilityYes - up to INR 3,00,000 from 24 hrs before reporting
Digital & security
ContactlessYes
Virtual cardYes
App featuresSpend Alerts; Card Lock/Unlock; Limit Management; Statements; Equated Monthly Instalment (EMI); Rewards Tracking; Autopay; Spend Analyzer; Block Lost Card; Add-on Card Mgmt; Credit Limit Increase
Card controlsBlock/Unblock; Intl Toggle; Online Txn Toggle; Contactless Toggle; Automated Teller Machine (ATM) Toggle; Set Limits; PIN Reset
Fraud protectionReal-time Alerts; Tokenization; OTP; CVV+Expiry+OTP; Instant Block; Zero Liability
Zero liabilityZero liability if reported within 3 working days
WhatsApp supportNo