Does the HSBC Premier Credit Card have an annual fee

Credit Cards HSBC
1

I hate paying for credit cards. Is this one free for life or do I need to meet some spending criteria to waive the fee

2

They have an annual fee of rs 20,000 buy yes it can be waived of if you meet a certain criteria

3

The HSBC Premier Credit Card does not have an annual fee, but it is exclusively available to HSBC Premier banking customers. To qualify for HSBC Premier, you typically need to maintain a certain balance, have a high-value mortgage, or meet their income requirements. So, while the card itself is technically free, you need to qualify for the Premier status, which may have its own conditions. If you’re already an HSBC Premier customer, you get the card with no annual fee for life.

4

Yes — the HSBC Premier Credit Card does come with an annual (or renewal) fee, but there are conditions under which it can be waived.

Here’s how it works (for HSBC in India):

• The annual/renewal fee is ₹20,000.

• There is also a joining fee (on activation) of ₹12,000.

• However, the fee may be waived for customers who meet the Premier qualification / relationship criteria with HSBC.

Here’s the official HSBC page for fee details: