← Part of HSBC Credit Cards in India
The HSBC Premier Metal Credit Card is an exclusive offering for HSBC Premier banking customers in India, relaunched in 2023 with d features. As of 2026, IT holds a PerkPilot score of 44/100, positioning IT among the top-tier credit cards in the country.
| Parameter | Details |
|---|---|
| Card Type | Ultra-premium Metal Credit Card |
| Issuer | HSBC India |
| Platform | Mastercard World |
| Eligibility | Exclusive to HSBC Premier banking customers in India |
| Joining Fee | ₹12,000 |
| Annual/Renewal Fee | ₹20,000 (waived for qualified HSBC Premier customers) |
| Welcome Benefit | 20,000 Reward Points upon first use |
| Base Reward Rate | 3 Reward Points per ₹100 spent (3% Reward Rate) |
| Accelerated Rewards (HSBC Marketplace – Hotels) | Up to 36% (up to 18,000 points per month) |
| Accelerated Rewards (HSBC Marketplace – Flights) | Up to 18% (up to 18,000 points per month) |
| Foreign Exchange Mark-up | 0.99% for all international spending (Source: HSBC, 2026) |
| Overseas 4X Rate Expiry | December 31, 2026 (base rate reverts to 1.5% post-expiry) |
| Fuel Surcharge Waiver | 1% on transactions from ₹400 to ₹4,000 across India |
| Lost Card Liability Cover | Up to ₹3,00,000 (from 24 hours before loss reporting) |
| Emergency Cash Overseas | Up to USD 2,000 at any overseas HSBC branch |
| Reward Point Conversion Ratio (Travel Partners) | 1:1 for most airline miles/hotel loyalty points |
| Reward Point Value (Apple Products via Imagine Vouchers) | 1 Reward Point = ₹1 (minimum voucher value ₹50,000) |
| Unlimited Airport Lounge Access | Complimentary access to over 1,400 airports worldwide |
| Free International Guest Lounge Visits | 8 per card anniversary year via Priority Pass |
| Metal Card Spend Requirement | ₹15 lakh per year (as per user claims, 2026) |
| DC 5% Cashback Offer | Unlimited cashback on transactions ₹1,000+ (until July 2026) |
This card offers a full suite of benefits, from high reward rates on spending to extensive travel privileges, catering specifically to the needs of affluent Premier banking clients.
Eligibility for Premier Banking
The HSBC Premier Metal Credit Card is an invite-only offering, exclusively for customers who maintain a Premier banking relationship with HSBC in India. To qualify for this tier, customers must meet specific financial criteria, including a Total Relationship Balance (TRB) of ₹50 lakh or a net monthly salary credit of ₹3 lakh.
| Criterion | Requirement (INR) | Effective Date |
|---|---|---|
| Total Relationship Balance (TRB) | ₹50,00,000 (average quarterly across deposits and investments) | From January 2026 |
| Previous Total Relationship Balance (TRB) | ₹40,00,000 (average quarterly across deposits and investments) | Before January 2026 |
| Salary Account | ₹3,00,000 (net monthly salary credit into HSBC account) | Ongoing |
| Mortgage Relationship | ₹1,15,00,000 (home loan with HSBC) AND ₹50,00,000 (TRB within 12 months of disbursement) | From January 2026 |
| Previous Mortgage Relationship | ₹1,15,00,000 (home loan with HSBC) AND ₹40,00,000 (TRB within 12 months of disbursement) | Before January 2026 |
| Residency Status | Indian citizen and resident | Ongoing |
| Geographic Presence | Must reside in an HSBC operational city (e.g., Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai, Pune) | Ongoing |
The TRB eligibility threshold was revised in January 2026, increasing from ₹40 lakh to ₹50 lakh, requiring existing Premier customers to meet the updated criteria.
Key Features & Benefits
The HSBC Premier Metal Credit Card is an exclusive offering for HSBC Premier banking customers in India, providing a 3% reward rate on most spends. As of 2026, IT includes unlimited complimentary lounge access globally and a low 0.99% foreign exchange markup for international transactions.
| Feature Category | Specific Benefit | Key Detail |
|---|---|---|
| Eligibility (Premier Banking) | HSBC Premier Relationship | Mandatory to hold an HSBC Premier account in India |
| Eligibility Criteria (TRB) | Total Relationship Balance (TRB) | Maintain an average quarterly TRB of ₹50 lakh across deposits and investments with HSBC India (Revised January 2026) |
| Eligibility Criteria (Salary) | Salary Account | Hold an HSBC Premier salary account with a net monthly salary credit of ₹3 lakh or more |
| Eligibility Criteria (Mortgage) | Mortgage Relationship | Avail a home loan of ₹1.15 crore or more with HSBC and maintain a TRB of ₹50 lakh within 12 months of first disbursement (Effective January 1, 2026) |
| Welcome Benefits | Bonus Reward Points | 20,000 Reward Points upon card activation |
| Rewards Program | Base Reward Rate | 3 Reward points per ₹100 spent (3% Reward Rate) on most categories, except rent (additional fee) and fuel |
| Accelerated Rewards | HSBC Marketplace Bookings | Up to 12X Reward Points for hotel, flights, and car rental bookings (up to 18,000 points per month) |
| Reward Redemption | Airline & Hotel Transfers | 1:1 conversion ratio to 20+ international and domestic frequent flyer programs and 5+ hotel loyalty programs (e.g., Singapore Airlines, Etihad, Accor ALL) |
| Reward Redemption | Apple Products | 1 Reward point = ₹1 for Apple products via Imagine vouchers (minimum voucher value ₹50,000) |
| Travel Benefits | Airport Lounge Access | Unlimited complimentary airport lounge access at over 1,400 airports worldwide via Priority Pass |
| Travel Benefits | Guest Lounge Visits | 8 complimentary international guest lounge visits per card anniversary year |
| International Spending | Foreign Exchange Markup | Only 0.99% forex markup on all international spending (4X rate time-bound to December 31, 2026, then 1.5% base rate) |
| Security & Protection | Lost Card Liability | Cover up to ₹3,00,000 from 24 hours before loss reporting |
| Security & Protection | Emergency Cash Withdrawal | Up to USD 2,000 at any overseas HSBC branch if the card is lost |
| Fuel Benefits | Fuel Surcharge Waiver | 1% fuel surcharge waiver at all fuel stations across India on transactions from ₹400 to ₹4,000 |
| Card Design | Premium Form Factor | Crafted metal card design on the Mastercard World platform |
| Exclusive Offers | Dyson India Website Offer | 10X offer on Dyson India website (as per Dyson India website) |
| Exclusive Offers | EazyDiner Discount | 30% off up to ₹1,500 on dining (Offer 1) and up to ₹1,000 (Offer 2) |
| Exclusive Offers | Croma Discount | Up to 7.5% off up to ₹7,500 on transactions of ₹20,000 or more |
| Exclusive Offers | BookMyShow Offer | Buy One Get One Free on movie tickets for the first 1,000 customers, with a maximum discount of ₹250 or ₹500 |
The card’s full benefits cater to high-net-worth individuals, offering significant value in travel, rewards, and exclusive lifestyle privileges.
Rewards & Redemption
The HSBC Premier Metal Credit Card offers a 3% reward rate on most spends, earning 3 Reward Points for every ₹100 spent (as of 2026). New cardholders receive 20,000 bonus Reward Points as an introductory benefit upon card activation.
- Base Reward Rate: Earn 3 Reward Points for every ₹100 spent on most categories, translating to a 3% reward rate. This applies to most transactions, with few exclusions like rent payments which incur an additional fee.
- Accelerated Earnings on HSBC Marketplace: Cardholders can earn up to 12X Reward Points on hotel, flight, and car rental bookings through the HSBC Marketplace. This includes up to 36% on hotel bookings and 18% on flight bookings, capped at 18,000 points per month.
- Foreign Exchange Mark-up: All international spending incurs a competitive foreign exchange mark-up of 0.99%. This is a significant benefit for frequent international travelers.
- Overseas 4X Rate: An d 4X reward rate for overseas spending is available until December 31, 2026. After this date, the base overseas rate will revert to 1.5%.
- Reward Point Redemption Value: Reward points can be redeemed at a 1:1 conversion ratio for most airline miles and hotel loyalty points via the HSBC India mobile banking app. For Apple products, 1 reward point is equivalent to ₹1 when redeemed via Imagine vouchers.
- Exclusions and Caps: Base rewards are applicable on most excluded categories like insurance, utilities, education, and wallet loads, up to ₹1 lakh per month. Fuel transactions between ₹400 and ₹4,000 receive a 1% surcharge waiver.
- Lost Card Liability: The card provides a lost card liability cover of up to ₹3,00,000, effective from 24 hours before the loss is reported. Emergency cash withdrawals of up to USD 2,000 are also available at overseas HSBC branches if the card is lost.
These reward structures provide substantial value, particularly for high-spending Premier customers who frequently travel or make international purchases.
Fees & Charges 2026
The HSBC Premier Metal Credit Card carries a joining fee of ₹12,000 and an annual renewal fee of ₹20,000 (as of May 2026). The annual fee is waived for customers maintaining an HSBC Premier relationship in India. This card is exclusively for HSBC Premier banking customers.
| Charge Type | Amount (INR) | Waiver Condition |
|---|---|---|
| Joining Fee | ₹12,000 | N/A (paid after card activation) |
| Annual/Renewal Fee | ₹20,000 + GST | Waived for qualified customers with an HSBC Premier relationship in India |
| Fuel Surcharge | 1% of transaction value | Waived on transactions between ₹400 and ₹4,000 |
| Foreign Exchange Mark-up | 0.99% | N/A |
| Rent Payment Fee | Additional fee | N/A (as per current policy) |
| Lost Card Liability Cover | Up to ₹3,00,000 | Fraud protection from 24 hours before loss reporting |
While the card has a significant annual fee, its waiver condition for Premier customers makes IT a cost-effective option for those who meet the banking relationship criteria.
Premier Metal Vs. Alternatives
The HSBC Premier Metal Credit Card is an invite-only offering for Premier banking customers in India, requiring a Total Relationship Balance (TRB) of ₹50 lakh or a net monthly salary credit of ₹3 lakh as of 2026. This positions IT against other ultra-premium cards like HDFC Infinia and ICICI Emeralde Private Metal, which cater to high-net-worth individuals. The table below compares key features of these top-tier credit cards.
| Feature | HSBC Premier Metal | HDFC Infinia | ICICI Emeralde Private Metal |
|---|---|---|---|
| Card Type | Metal, Mastercard World | Not specified | Metal |
| Joining Fee | ₹12,000 | Not specified | Not specified |
| Annual/Renewal Fee | ₹20,000 (waived for Premier customers) | Not specified | Not specified |
| Base Reward Rate | 3 Reward points / ₹100 spend (3% Reward Rate) | 5x and 10x (best in industry) | Not specified |
| Accelerated Rewards | Up to 12X on HSBC Marketplace (hotels, flights, car rentals); 4X overseas rate (time-bound to Dec 31, 2026) | Not specified | Not specified |
| Forex Markup | 0.99% | Around 3.5% + GST (typical for most premium cards) | Not specified |
| Premier Eligibility (TRB) | ₹50 lakh (average quarterly balance, as of 2026) | Not applicable | Not applicable |
| Premier Eligibility (Salary) | ₹3 lakh+/month (net salary credit into HSBC, as of 2026) | Not applicable | Not applicable |
The HSBC Premier Metal card stands out with its low 0.99% forex markup and specific Premier banking eligibility criteria, unlike other cards that may have different income or spend thresholds.
Application Process & Support
The HSBC Premier Metal Credit Card is an invite-only offering for existing HSBC Premier banking customers in India. Eligibility for this card requires meeting specific Premier banking criteria, which were updated in January 2026.
To apply for the HSBC Premier Metal Credit Card, follow these steps:
- Meet Premier Eligibility: Ensure you maintain an HSBC Premier account in India. This typically requires an average quarterly Total Relationship Balance (TRB) of ₹50 lakh across deposits and investments, or a net monthly salary credit of ₹3 lakh or more into an HSBC salary account (effective January 2026).
- Mortgage Criterion: As of January 1, 2026, a mortgage relationship of ₹1.15 crore or more with HSBC also qualifies, provided a TRB of ₹50 lakh is maintained within 12 months of the first loan disbursement.
- Receive Invitation: The Premier Metal Credit Card is offered exclusively by invitation to qualified Premier customers.
- Contact Customer Care: For eligibility verification or application assistance, contact HSBC Premier customer care at 1800 120 4722 (India toll-free) or +91-80-71898001 (overseas).
- Card Delivery: Once approved, the credit card is typically delivered within 7 working days.
HSBC Premier support is available through various channels, including toll-free numbers and international helplines, to assist with any card-related queries.
Key Takeaways
- The HSBC Premier Metal Credit Card is an exclusive, invite-only product for Premier banking customers in India.
- Premier eligibility requires maintaining an average quarterly Total Relationship Balance (TRB) of ₹50 lakh or a net monthly salary credit of ₹3 lakh, as updated in January 2026.
- New mortgage criteria, effective January 1, 2026, allow a home loan of ₹1.15 crore or more to qualify for Premier status, subject to maintaining a ₹50 lakh TRB.
Verify your Premier eligibility and apply for the HSBC Premier Metal Credit Card through HSBC’s official channels or by contacting their customer care.
Frequently Asked Questions (FAQs)
What are the eligibility criteria for the HSBC Premier Metal Credit Card in India?
To get the HSBC Premier Metal Credit Card, you must first qualify for an HSBC Premier banking relationship in India. This requires maintaining an average quarterly Total Relationship Balance (TRB) of ₹50 lakh, or having a salary account with a net monthly credit of ₹3 lakh or more. Effective January 1, 2026, you can also qualify by availing an HSBC home loan of ₹1.15 crore or more and maintaining a ₹50 lakh TRB within 12 months.
What are the key benefits of the HSBC Premier Metal Credit Card?
The HSBC Premier Metal Credit Card offers exclusive benefits for Premier banking customers, including a bonus of 20,000 Reward Points upon activation. Cardholders earn 3 Reward Points for every ₹100 spent, translating to a 3% reward rate on most purchases. You also get a 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000 at all Indian fuel stations.
How do I redeem reward points earned with the HSBC Premier Metal Credit Card?
Reward points earned with the HSBC Premier Metal Credit Card can be redeemed for various products, airline miles, and other exclusive offerings. HSBC Premier cardholders can earn up to 12X Reward Points on hotel, flight, and car rental bookings made through the HSBC Marketplace. Redemption options and values are available on the HSBC India website or by contacting Premier customer care.
Is there an annual fee for the HSBC Premier Metal Credit Card?
The HSBC Premier Metal Credit Card typically does not have an explicit annual fee, as IT is an exclusive offering for HSBC Premier banking customers. Eligibility is tied to maintaining specific financial relationships with HSBC, such as a Total Relationship Balance of ₹50 lakh or a monthly salary credit of ₹3 lakh. Always confirm the latest fee structure directly with HSBC India.
How can I contact HSBC Premier customer care in India?
You can contact HSBC Premier customer care from within India by calling 1800 120 4722. If you are overseas, you can reach them at +91-80-71898001 for assistance with your Premier Metal Credit Card or banking relationship. You can also visit any HSBC branch in India for in-person support.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI / IRDAI) before deciding.