HSBC

HSBC India Premier Credit Card

Good fit for frequent travelers who value lounge access and low forex — ₹20,000 annual fee.

Top reasons to choose this card

24 complimentary lounge visits
3 pts per ₹100 base earn
Low 0.99% forex markup

What you'd do with it

Useful for travelers who need around 24 domestic lounge visits a year.
Helpful for international spending because forex markup is kept to 1%.

Good for travel 1% forex · 6 per quarter lounge
Low forex 1% forex markup
Strong lounge access 6 per quarter domestic lounge
Moderate rewards 3 pts / ₹100 on General spend

Suggested comparison Similar tier comparison Compare with Axis Bank Magnus →

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Annual fee ₹20,000 per year

Forex markup 0.99% low

Lounge access 6 per quarter

Rewards / ₹100 3 pts base

The catch Verify guest/add-on access and current airport lounge list before relying on lounge access.

Waiver condition missing
Annual fee known
Forex markup known
6 per quarter domestic lounge
Verify current lounge list

At a glance

Snapshot · usage · fit

Fast facts

Annual fee: ₹20,000 higher than 106 of 112 cards
Joining fee: ₹12,000
Forex markup: 0.99% lower than 98 of 111 cards
Lounge access: 6 per quarter domestic lounge · 2 per year international
Reward rate: 3 pts / ₹100

Good fit for

Good for travel
Low forex
Strong lounge access

Not a fit for

High annual fee (₹20,000)

Still worth it?

Evidence-backed snapshot

Good fit if

Forex markup is low at 0.99%.
6 per quarter domestic lounge

Verify before applying

Annual fee known
Waiver condition missing
Forex markup known
6 per quarter domestic lounge
Verify current lounge list
Airport lounge list may change
Monthly interest known

Welcome benefit timing and claim process.
Lounge terms to verify: 6 per quarter domestic lounge. Verify spend criteria, guest rules, and airport list before relying on it.
Annual fee waiver terms and eligible spend exclusions.
Issuer fees, GST, finance charges, and late-payment terms.
Reward terms to verify: base earn is 3 points per ₹100, but caps, excluded categories, redemption rules, and point value are not fully structured.

Next best move

Open the ranking that matches your constraint, or compare this card with the closest alternative.

Compare with Axis Bank Magnus Similar tier comparison Low forex credit cards Cards under the low-forex threshold. Forex ranking (verified) Compared on verified forex markup, then annual fee. Lounge access shortlist Discovery list of cards with cardholder lounge access. Premium credit cards High-fee cards with premium benefits. Best travel credit cards Cards suited for international spend and lounge-heavy travel.

Is this good for lounge access?

6 per quarter domestic lounge. Check current spend criteria, guest rules, visit caps, and airport acceptance before relying on it.

Is this good for international spends?

Forex markup is 0.99%, which can be useful for international spends if the annual fee and usage pattern still make sense.

Is the annual fee easy to recover?

Value depends on usage and waiver terms. GST may apply on the annual fee.

When do welcome benefits arrive?

No welcome benefit is listed. Check the issuer welcome email, MITC, and current offer page if this benefit matters.

Fees confidence: High Forex confidence: High Rewards confidence: Unknown Lounge confidence: High Waiver confidence: Unknown

Card facts refreshed 11 July 2026.

Watch outs

Before choosing this card

Reward value is not fully resolved in the current snapshot.
Annual fee is ₹20,000, so value depends on actual usage.

Reward reality

Point value · limits · exclusions

Point valueNot published by issuer — varies by redemption

Base earn3 points per ₹100

Estimated usage

Example usage at this monthly spend

₹

At this monthly spend, you'd earn: ~1,500 reward points/month (base earn)
Fee waiver conditions unclear — verify
Forex cost ~₹500 per ₹50k international spend

Illustrative only, using current base rates and snapshot data.

Benefits & charges

Side-by-side facts

Benefits

Lounge Access

Domestic (cardholder): 6 per quarter — via Mastercard lounge programme

2 sources agree · verify issuer terms before applying

Where to verify

HSBC Premier Lounge T&C Pdf
Operator config (Hsbc Premier Domestic Quarterly)
International (cardholder): 2 per year — via LoungeKey

2 sources agree · verify issuer terms before applying

Where to verify

HSBC Premier Lounge T&C Pdf
Operator config (Hsbc Premier Domestic Quarterly)
Guest access: Guests: paid access

Rewards

Points per ₹100: 3 pts · verified 9 Jul 2026 value depends on redemption

Insurance Cover

Lost card liability cover: ₹3 lakh · verified 9 Jul 2026
Underwriter: Insured by ICICI Lombard General Insurance Company Limited · verified 9 Jul 2026

Fees & charges

Fees

Monthly interest rate: 2.99% / month
Annual fee: ₹20,000
Joining fee: ₹12,000 · verified 9 Jul 2026

International Use

Forex markup: 0.99%

3 sources agree · verify issuer terms before applying

Where to verify

CardInsider
Issuer site (verify current terms) (opens in new tab)
Operator-verified anchor
Product tier: Super-premium