HSBC India unveils major upgrade on its credit cards with attractive new features and benefits

~ HSBC Premier Credit Card offers one of the best-in-class benefits on travel, lifestyle spends and reward points; get forex mark-up of 0.99% across geographies~

~HSBC Cashback Credit Card offers 10% cashback on food delivery, dining and groceries; avail unlimited 1.5% cashback on other spends~

HSBC India today announced a major facelift on its credit cards—HSBC Premier Credit Card and HSBC Cash Back Credit Card—to elevate the experience for its affluent and wider base of mass credit card holders.

The upgraded HSBC Premier Credit Card offers luxury benefits on travel, lifestyle spends and reward points for its affluent customers. On reward points, at the time of redemption, HSBC Premier Credit Card customers can avail Re 1 for every reward point across some exciting categories, one of the best in the industry. The HSBC Premier Credit Card holders can also enjoy unlimited domestic and international lounge access with eight international free lounge visits for their guests per year.

Meanwhile, in line with the growing consumer needs in India, the refreshed HSBC Cashback Credit Card, targeted towards the wider base of mass credit card holders, offers 10% cashback on dinning, food delivery and grocery, capped at up to Rs 1,000 per statement cycle, as well as unlimited 1.5% cashback on other spends.

Commenting on the revamped credit cards, Sandeep Batra, Head, Wealth and Personal Banking, HSBC India, said, “The value enhancement on our HSBC Premier Credit Card and HSBC Cashback Credit Card is yet another testimony to our commitment to continuously enhance the overall experience of all our customers across segment with distinct needs. We aim to reward them, every single time they make a transaction bringing to them unmatched benefits that offer both convenience and value. We hope our valued customers take advantage of this offer and maximize their benefits during this festive season as also with their everyday spends.”

HSBC Premier Credit Card

HSBC Premier Credit Card has been transformed into one of the best-in-class offering for travel, lifestyle and reward points for its existing and new customers. The metal card comes with a welcome offer of Taj Epicure membership and a Taj voucher worth Rs 12,000, which can be availed on card activation.

Key benefits and offers:


  • HSBC Premier Card offers a forex mark-up of 0.99% across all geographies.
  • Enjoy unlimited domestic and international lounge access as well as get eight free lounge visits for your guests per year.
  • For every reward point, earn one air mile across 20 plus airlines through Star Alliance, including Air India. For example,1 reward point is equivalent to 1 air mile.


  • For dining, get a complimentary annual membership to EazyDiner; avail additional instant discounts on restaurants.
  • For entertainment, get movie and event offers from BookMyShow—buy one ticket and get one ticket free.

Reward points

  • Get the finest reward programme, earn 3 reward points for every Rs 100 spent.
  • Reward points are evergreen with no expiry date.

For HSBC Premier Credit Card, the joining fee is Rs. 12,000. The annual fee for HSBC Premier Credit Card is Rs. 20,000 and will be waived only if customer is a qualified premier customer of the Bank.

HSBC Cashback Credit Card

Aimed to provide a unique value proposition for customers every time they spend, the enhanced HSBC Cashback Credit Card offers 10% cashback on dining, food delivery and grocery. The refreshed HSBC Cashback Credit Card holders can also earn unlimited 1.5% cashback on other spends.

The cashback credit card offers four complimentary domestic airport lounge access visits per year (one per quarter). Besides these benefits, as an introductory offer, the cardholder will get an Amazon voucher worth Rs 1,000 on a minimum transaction of Rs 10,000 within first 30 days of the activation of credit card.

HSBC Cashback Credit Card Spends
Orders Spends Cashback (in%) Cashback (in Rs)
Grocery 4000 10 400
Dining 3500 10 350
Food delivery 2000 10 200
Coffee 500 10 50
Travel/Flights 6000 1.5 90
Pharmacy/Medicine 1000 1.5 15
Online shopping 4000 1.5 60
Utilities 3000 1.5 45
Fashion/Clothing 4000 1.5 60
Fuel 2000 0 0
Total 30,000   1270
Effective cashback 4.20%*

*The effective cashback will vary based on total spends

The table is only for illustration purpose

The joining fee of the card is Rs 999 for new customers. HSBC Cashback Credit Card users can get renewal fee of Rs 999 waived off on reaching a spend milestone of Rs 2 lakh in a year. For the 10% cashback on categories such as dining, food delivery and grocery, the amount is capped at up to Rs 1,000 per statement cycle.

HSBC Premier Credit Card, packed with features, is designed for the lifestyle needs such as travel, dining and entertainment of affluent customers. On the other hand, HSBC Cashback Credit Card, a card for everyday needs, offers a straightforward benefit on everyday spends addressing the wider base of mass customers’ evolving needs.

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