Meet these thresholds and you're likely to be approved. Final call is HSBC's.
We've modeled this card's value for a default urban spender. Tweak the persona to see how it shifts — or personalize with your real spends.
Base rate, accelerated categories, milestones, and what each reward point is actually worth when you redeem.
Plays grounded in this card's specific levers. Updated each time HSBC tweaks the program.
The 4X overseas promo pays 12 points per ₹100 — roughly 6% effective at INR 0.50 Travel-with-Points value, stacked on the 0.99% forex markup. Route international bookings and travel now while the offer window is live.
Points are worth INR 0.50 on Travel with Points and 1:1 on BA Avios, KrisFlyer, or Emirates Skywards. Cashback and catalogue redemptions drop to INR 0.20 — a 60% haircut. Never burn points there.
First spend within 30 days unlocks 20,000 reward points plus a ₹12,000 Taj Experiences gift card and complimentary Taj Epicure membership. Combined welcome value covers nearly the full ₹14,160 GST-inclusive joining fee.
Hold ₹40 lakh Premier Total Relationship Balance (savings, FDs, investments, family inclusive) or qualify via ₹3L salary CEP to waive the ₹23,600 GST-inclusive annual fee. Without Premier status the card breaks even only at very high spend.
Post-April 2025, fuel, tax, education, jewelry, e-wallets, and rent earn zero. Utilities and insurance cap at ₹1 lakh/month (3,000 points). Cap monthly card-wide at 100,000 points — push the rest to a secondary card.
Fees, transaction charges, interest rates — all inclusive of taxes where noted.
Charges below are base amounts; GST applies where applicable.
Non-reward perks — lounges, dining, golf, insurance, concierge. Worth factoring into the total value, even when hard to price.
unlimited domestic + unlimited international visits per year. Primary cardholder.
₹20,000 Welcome reward points.
Air accident cover, lost-card liability, emergency card replacement abroad.
The ₹20,000 + GST (₹23,600) annual fee is waived for HSBC Premier customers who meet relationship criteria — typically a ₹40 lakh Total Relationship Balance across savings, FDs, investments and demat (family balances count), or ₹3 lakh net monthly salary via HSBC CEP. Without Premier status the ₹14,160 joining fee still applies.
Last verified 2026-04. Sources: Issuer website, CardExpert, PaisaBazaar. Next scheduled review: 6 months from last update.
