HSBC Premier Mastercard Credit Card
Apply for the best credit card of Hsbc Bank
Welcome Benefits
- NA
HSBC Premier Mastercard Credit Card: Fees & Charges
| Type of fee or charge | Amount (Rs.) |
|---|---|
| Joining Fee: | ₹ Lifetime Free |
| Annual/Renewal Fee: | ₹ Lifetime Free |
| Finance Charges: | 3.49% per month (41.88% per annum) |
| Spend Based Waiver: | Lifetime Free |
| Over Limit Penalty: | 500 per instance |
| Rent Payment charges | 1% Processing fee transaction amount |
| Forex Charges: | 3.49% of the transaction value |
| Minimum Repayment Amount: | 5% of Total outstanding (Min. Rs. 100) + All charges/fees/taxes + EMI |
| Cheque Return Fees: | 2% of Total Amount Due or Minimum of 500 whichever is higher |
Eligibility criteria
Age Requirement: Applicants should be between 21 and 65 years old.
HSBC Premier Customer: You must be an existing HSBC Premier customer.
Total Relationship Balance (TRB): Maintain a quarterly TRB of ₹40,00,000. This includes balances in savings accounts, fixed deposits, and investments. If you do not meet the TRB or mortgage criteria, an annual fee of ₹20,000 applies.
HSBC Premier salary criterion : Maintain a salary account with a net monthly salary credit of 300,000 (Rupees three lakh only)
The applicant must be an Indian citizen and valid address proof
Document Requirements
1. Aadhaar card, Passport, PAN card as your Identity proof
2. Any Utility bill, Passport, or Voter ID as your address proof
3. Salary slips, bank statements, or IT returns as your income proof
Other Information
Frequently Asked Questions
What is the annual fee of HSBC Premier Mastercard Credit Card?
The HSBC Premier Mastercard Credit Card offers lifetime-free annual fees. The joining fee is also free for life!
What is the interest rate on the HSBC Premier Mastercard Credit Card?
The HSBC Premier Mastercard Credit Card has an interest rate of 3.49% per month (41.88% per annum)
Are there foreign transaction fees on the HSBC Premier Mastercard Credit Card?
Yes, The HSBC Premier Mastercard Credit Card charges a 3.49% fee for all transactions in foreign currency .
What is the credit limit of HSBC Premier Mastercard Credit Card?
The credit limit for the HSBC Premier Mastercard Credit Card is based on multiple factors, such as your income, repaying capacity, and credit history. Hsbc Bank does not specify a fixed credit limit for this card. It will communicate to you time of issuance of card. Hsbc Bank offer Pre-approved Credit Limit to existing card holder. So if you are eligible by few step you can increase your credit limit.
Card other Details
HSBC Premier Mastercard Credit Card Credit Limit: Up to ₹10 Lakh