HSBC Premier MasterCard Credit Card

Welcome Benefits

• You get complimentary Taj Epicure membership worth Rs. 25,000 on spending Rs. 10,000.
• You get a complimentary night stay at Taj hotels on spending Rs. 50,000.

HSBC Premier Mastercard Credit Card Rewards:

The cardholders will get 2 Reward Points for every Rs. 100 that they spent using their credit card.

Reward Redemption:

The redemption of reward points can be done as below –

• By transferring them to partner airlines’ AirMiles program (InterMiles, Singapore Airlines, British Airways). The redemption rate is as follows-

• can be transferred to Taj Inner Circle hotel loyalty program. 1,000 Reward Points = 1,000 Taj Inner Circle Points.
• for purchasing shopping vouchers, products, etc from the bank’s redemption catalog.

Travel Benefits:

• Complimentary access to domestic and international airport lounges.
• Reward Points are transferable to partner airlines’ AirMiles programs (InterMiles, Singapore Airlines, British Airways) and Taj Inner Circle hotel loyalty program.

Airport Lounge Access:

• With LoungeKey membership, you will get complimentary access to international airport lounges, up to 2 times in a year.
• 6 complimentary visits per quarter to the domestic airport lounges under the MasterCard Lounge program.

Other Lifestyle Benefits:

• Complimentary access and discounted fees at select premium golf courses in India.
• Discount offers with learning partners including eDX, British Council, Yousician.
• Health and wellbeing benefits with global partners including Medical Travel Companions and MedicaMap.

Fuel Surcharge Waiver:

Surcharge waiver of 1% on all fuel transactions between Rs. 400 and Rs. 4,000 at all fuel stations in India.

Lower Foreign Currency Markup Fee:

You have to pay a lower markup fee of 1.99% of the transacted amount while making transactions in a foreign currency. Most other cards charge you a markup fee between 2.5% and 3.5%.

HSBC Premier Mastercard Credit Card Eligibility Criteria:

In order to be eligible for this credit card, one is required to maintain an HSBC Premier relationship in India.

How to apply:

If you have a Premier relationship with HSBC in India, you can apply for this credit card simply by visiting the card’s home page on the bank’s official website and selecting the “Apply Now” option. You’ll need to submit a few documents including an identity/address proof (Aadhar card, Voter card, etc.) and proof of income (salary slips, audited ITR acknowledgment).

Also Check: HSBC Smart Value Credit Card.

Customer Care:

HSBC offers 24×7 helpline to its Premier card holders. In case you need any assistance or to report the loss of card you may simply dial their customer support numbers 1800 266 3456 or 1800 120 4722.

Conclusion:

As this card is exclusive for the Premier Relationship members, it’d be unfair to compare it with other similar cards in the market. Still, since it is complimentary for the Premier customers and offers decent Reward rate and sub-premium benefits, there is no reason to skip this one if you are a Premier customer of the bank.

What do you think of this Premier Relationship exclusive offering by the HSBC bank? Do let us know in the comments. And if you’re an existing cardholder, feel free to share your experience for the benefit of others.