Global Wealth Privilege — 0.99% Forex Markup, Unlimited Lounges & Premier Banking Perks
HSBC Premier Banking clients, global jet-setters, corporate executives, and international travelers wanting near-zero forex markups and bespoke hospitality perks.
₹12,000
One-time upfront₹20,000
Waived on ₹15 lakh annual spend3 Reward Points per ₹100 spent
On eligible spendsUnlimited Domestic & International
Complimentary visitsLast verified 9 Sept 2026
Objective editorial assessment, ideal spender profile, and primary trade-offs
The HSBC Premier Metal Credit Card is an elite financial product tailored strictly for HSBC Premier Banking clients maintaining a Total Relationship Balance (TRB) of ₹40 Lakhs or qualifying corporate payroll arrangements. Positioned as an international jet-setter's companion, the card charges a **joining fee of ₹12,000 + GST and an annual renewal fee of ₹20,000 + GST**, both of which are **waived or complimentary** for active, qualifying HSBC Premier clients who maintain their banking balance. Cardholders are welcomed with luxury vouchers worth ₹12,000 from brands like Taj Hotels, Oberoi Hotels, or Apple upon joining. The primary attraction of the HSBC Premier Metal card is its category-leading foreign exchange terms: cardholders enjoy an **ultra-low foreign currency markup of just 0.99% + GST**, making it one of the absolute cheapest cards in India for international travel, foreign university fee payments, and luxury overseas shopping. Travel comfort is matched with **unlimited complimentary domestic and international airport lounge access** for primary and add-on cardholders, paired with complimentary guest visit privileges via LoungeKey / Priority Pass. Rewards are deeply travel-centric: cardholders earn 3 Reward Points per ₹100 spent domestically, accelerated to **6 Reward Points per ₹100 on dining and international overseas spends**. These points can be transferred at attractive ratios to elite global frequent flyer programs, including Singapore Airlines KrisFlyer, British Airways Executive Club, and Emirates Skywards. Bundled with Buy 1 Get 1 free BookMyShow movie tickets (up to ₹500 discount twice monthly) and unlimited golf privileges, the HSBC Premier Metal card is an indispensable asset for global executives.
3 Reward Points/₹100 Spent
20,000 Reward Points
Base earning rates, partner merchant acceleration, redemption options, and exclusions
| Spend Category | Earn Rate | Reward Cap | Conditions |
|---|---|---|---|
| International Spends (0.99% Forex) | 6 Reward Points per ₹100 spent on overseas foreign currency transactions (1.50% - 3.00% value) | No Cap | Standard terms apply |
| Domestic Retail Spends | 3 Reward Points per ₹100 spent on all domestic transactions (0.75% - 1.50% value) | No Cap | Standard terms apply |
Calculate estimated net cashback and points across your actual spending pattern.
Estimate your rewards using the card's current reward rates, monthly caps and applicable fee-waiver rules.
Customize monthly spend in each category. Category amounts sum directly to your monthly spend.
| Category / Reward Bucket | Monthly Spend | Rate | Effective Rate | Cap Period | Eligible Reward | Cap Status |
|---|---|---|---|---|---|---|
| International Spends (0.99% Forex) | ₹12,000 | 6 Reward Points per ₹100 spent on overseas foreign currency transactions (1.50% - 3.00% value) | — | None | Calculating... | Under cap |
| Domestic Retail Spends | ₹18,000 | 3 Reward Points per ₹100 spent on all domestic transactions (0.75% - 1.50% value) | — | None | Calculating... | Under cap |
| Total Monthly Cashback | ₹30,000 | - | — | - | ₹0 / mo | Zero cap loss |
₹3.6 lakh
12 billing cycles₹0
0% blended return-₹20,000
Standard renewal+₹0 / yr
Rewards - FeeDomestic and international lounge privileges, spend hurdles, and participating terminals
Verify this card against live departure gates and specific terminal lounges across India.
This card includes complimentary admission across verified Indian airport terminals. Check individual terminal lounges and spend criteria before you travel.
Complete breakdown of joining, renewal, forex, financing APR, and transaction charges
• Eligibility: Exclusively available to HSBC Premier Banking clients maintaining a Total Relationship Balance (TRB) of ₹40 Lakhs or qualifying salary account. • Joining Fee: ₹12,000 + GST (Complimentary/Nil for qualifying Premier Banking clients; welcome vouchers worth ₹12,000 from Taj/Apple/Oberoi). • Annual Renewal Fee: ₹20,000 + GST (Waived on annual spends of ₹15,00,000 or waived for active qualifying Premier relationship). • Foreign Currency Markup: Ultra-low 0.99% + GST on foreign currency transactions (one of the lowest in India). • Domestic Airport Lounge Access: Unlimited complimentary domestic airport lounge access for primary and add-on cardholders. • International Airport Lounge Access: Unlimited complimentary international airport lounge access with complimentary guest visits via LoungeKey / Priority Pass. • Rewards Program: 3 Reward Points per ₹100 spent domestically; accelerated 6 Reward Points per ₹100 on dining and international overseas spends. Points transfer 1:1 or 2:1 to major global airline partners. • Dining & Movies: Buy 1 Get 1 free movie tickets on BookMyShow (up to ₹500 discount, twice per month). Up to 25% dining discount at luxury partner hotels. • Golf Privileges: Unlimited complimentary golf green fees and golf coaching lessons across premier courses in India and abroad. • Fuel Surcharge Waiver: 1% surcharge waiver on fuel spends between ₹400 and ₹4,000 (capped at ₹250 per month).
Evaluate whether this card's perks and waiver threshold justify its ₹20,000 renewal fee.
Income criteria, minimum age, CIBIL score benchmark, and verification checklist
Eligibility criteria not specified
Verified eligibility criteria are not currently available for this card. Check the issuer's latest terms before applying.
Common questions regarding HSBC Premier Metal Credit Card application, fees, reward redemption, and eligibility
Alternative credit cards with comparable reward rates, annual fee waivers, and perks
Direct online application on the official HSBC India portal with paperless verification.
Alternative credit cards with comparable reward rates, annual fee waivers, and perks
Best for: Frequent Flyers, Hotel Loyalty Maximizers & High Spenders seeking Air Miles Transfers
Rewards: 5 EDGE Miles/₹100 on airlines/hotels, 2 EDGE Miles/₹100 on other retail
Lounge access: 2 Domestic visits/quarter + 4 International visits/year
Last verified 2 Oct 2026
Best for: Ultra-high-net-worth individuals, luxury frequent flyers, and high spenders seeking the highest reward return on travel bookings in India.
Rewards: 5 Reward Points per ₹150 spent
Lounge access: Unlimited Domestic & International
Forex markup: 2% Low Forex
Renewal fee waived on ₹10,00,000 annual spend
Last verified 16 Sept 2026
Best for: Frequent Airline Travelers, International Vacationers & Flexible Air Mile Transfer Enthusiasts
Rewards: 2 Reward Points per ₹100 spent
Lounge access: 6 Domestic + 4 International visits/year
Renewal fee waived on ₹8,00,000 annual spend
Last verified 2 Oct 2026
Best for: Ultra-high-net-worth individuals, conglomerate chairpersons, family office principals, and top executives demanding bespoke global lifestyle privileges.
Rewards: 1 EDGE Mile/₹100 Spent on All Transactions
Lounge access: Unlimited Domestic & International
Forex markup: 1.5% Low Forex
Last verified 3 Oct 2026
Best for: Global family offices, private wealth patrons, and multinational business leaders seeking bespoke international banking privileges and global airport convenience.
Rewards: Bespoke high-yield rewards on global luxury spends
Lounge access: Unlimited Domestic & International
Forex markup: 1.5% Low Forex
Last verified 3 Oct 2026
Best for: Serving and retired Indian Army officers and personnel seeking top-tier lifestyle luxury with zero annual maintenance fees.
Rewards: 2 Reward Points on every retail spend of Rs. 100 and 10 Reward Points for every Rs. 100 spent on departmental stores & groceries.
Lounge access: 1 Domestic visits/quarter · ₹40k quarterly spend required
Last verified 3 Oct 2026
Deep-dive comparisons, reward calculations, and editorial reviews from our research desk
HDFC Infinia dominates SmartBuy and flexible travel, but HSBC Premier strikes back with 1:1 Accor transfers, tax payment rewards, and a 0.99% forex markup. We calculate the exact math on utilities, insurance, and hotel points.
