HSBC Premier
HSBC India · Checked 2026-10-09
HSBC Premier is a premium card built around travel benefits, airport lounge access and reward points, with a ₹20,000 annual fee before GST.
CardIQ editorial view
Our take
HSBC Premier is a premium card built around travel benefits, airport lounge access and reward points, with a ₹20,000 annual fee before GST.
Who it suits
- People who prioritise travel benefits.
- People who prioritise airport lounge access.
- People whose normal usage can recover the annual fee through relevant benefits.
Key strengths
- 3 points per ₹100 on eligible purchases.
- Domestic and international lounge access follows the Premier programme conditions.
Trade-offs to understand
- 1 point = ₹1 for eligible Apple redemption; selected airline/hotel transfers have 1:1 ratios.
- Domestic and international lounge access follows the Premier programme conditions.
- The ₹20,000 annual fee plus GST needs to be justified by benefits you will actually use.
CardIQ verdict
Shortlist it only if you can repeatedly use the premium benefits and comfortably recover the fee. Pay particular attention to this condition: 1 point = ₹1 for eligible Apple redemption; selected airline/hotel transfers have 1:1 ratios.
Compare before deciding
- Times Black ICICI Bank — A similarly priced alternative for comparing airport lounge access and reward points.
- IDFC FIRST Private — A higher-fee option to compare for broader benefits around airport lounge access and reward points.
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Benefits, limits and conditions
- 1 point = ₹1 for eligible Apple redemption; selected airline/hotel transfers have 1:1 ratios.
- Domestic and international lounge access follows the Premier programme conditions.