- Joining fee
₹275,000 + GST
- Annual fee
₹275,000 + GST
- Best suited for
Travel, Shopping
- Reward type
Reward Points
Rewards
- Rewards rate
5 Reward Points/₹150 Spent
- Welcome benefits
Complimentary Night Stay at Participating ITC & Claridges Properties Along with a ₹10,000 Wellness Voucher from The Wellness Co., and Complimentary Meal for 4 at Select Restaurants
- Reward redemption
1:1 Reward Point Conversions for Air Miles, Hotels & Apple Products
Benefits
- Movie & dining
Priority Access to 10,000+ Premium & Michelin-Starred Restaurants Worldwide
- Travel
Complimentary Companion First or Business Class Ticket on Full-Fare Booking
- Domestic lounge
Unlimited Domestic Airport Lounge Access
- International lounge
Unlimited International Airport Lounge Access
- Golf
Unlimited Complimentary Golf Rounds & Lessons with Guest Access in India. Up to 4 Complimentary Golf Rounds Annually Across Asia Pacific + Lesson in Singapore
- Insurance
Comprehensive Travel Insurance with Accident, Medical & Travel Inconvenience Coverage
Fees & charges
- Spend-based waiver
Nil
- Rewards redemption fee
Nil
- Foreign currency markup
0%
- Interest rates
3.75% Per Month
- Fuel surcharge waiver
1% of Fuel Transaction Value Between ₹400 and ₹4,000
- Cash advance charges
Nil
Product highlights
- An invite-only credit card available exclusively to HSBC Private Banking clients
- Requires a minimum relationship value of around USD 2 million (~₹19 crore)
- Earn 5 reward points for every ₹150 spent on the card
- Reward points do not expire and can be redeemed at a 1:1 ratio
- Up to 3 add-on cards available free of cost for family members
- Designed for ultra-premium lifestyle benefits across travel, dining, and experiences
Pros & cons
Pros
- Those who frequently travel in Business Class or First Class can derive significant value from this credit card, as it offers a complimentary companion ticket every year. Considering the high cost of premium cabin tickets, cardholders can easily save up to ₹2 lakh through this benefit alone.
Cons
- One major point of discussion around this card is its extremely high annual fee, especially since it is offered only to customers who maintain an exclusive premium banking relationship with the bank. Eligibility itself requires a Total Relationship Value (TRV) of around USD 2 million or equivalent, which makes the high card charges difficult to justify for some users.
- Limited audience appeal due to ultra-premium positioning.
- Reward points are not applicable on many common categories like fuel, utilities, insurance, education, tax payments, and wallet loads.
FAQs
Who can get the HSBC Privé Credit Card?
The HSBC Privé Credit Card is an invite-only credit card available exclusively for HSBC Private Banking customers. Typically, customers are expected to maintain a relationship value of around USD 2 million (approximately ₹19 crore) with HSBC.
What is the joining and annual fee of the card?
The card comes with a joining fee of ₹2,75,000 + GST and an annual fee of ₹2,75,000 + GST. There is no spend-based annual fee waiver available.
What are the welcome benefits offered on the card?
Cardholders receive: Complimentary night stay at participating ITC & Claridges properties ₹10,000 wellness voucher from The Wellness Co. Complimentary meal for 4 at select premium restaurants
How does the complimentary companion ticket benefit work?
Cardholders receive one complimentary Business Class or First Class companion ticket every anniversary year on booking an eligible paid ticket using the card. The value of the complimentary ticket is capped at ₹2 lakh on the base fare.
Do HSBC Privé reward points expire?
No, the reward points earned on the card do not expire. Cardholders earn 5 Reward Points for every ₹150 spent, and points can be redeemed at a 1:1 ratio for air miles, hotels, and Apple products.
Does the card offer airport lounge access and golf benefits?
Yes, the card offers unlimited domestic and international airport lounge access, along with unlimited complimentary golf rounds and lessons in India. Cardholders also get up to 4 complimentary golf rounds annually across Asia Pacific, along with a lesson in Singapore.