HSBC Premier
HSBC and related product names are trademarks of their respective owners. Madeen is not affiliated with, sponsored by, endorsed by, or acting on behalf of HSBC. Madeen is an independent credit-card comparison and education service. Issuer websites control current terms, fees, and eligibility.
How we calculate effective rate →
The HSBC Premier from HSBC earns up to 1% effective value on dining in Madeen's catalog snapshot. It has no annual fee. New applicants may see: Earn 35,000 Rewards Bonus Points worth at least $400 in air travel – after spending $3,000 in the first 3 months from Account opening..
- Top category
- Dining
- Effective value
- 1%
- Annual fee
- $0
Best for dining-heavy spend when you want to avoid an annual fee; confirm issuer terms before applying. Best for spenders who put meaningful volume in dining and can earn 1x points. The welcome bonus can help if you can meet the spend requirement. Travel perks may add value beyond the earn rate.
What does the HSBC Premier earn in each category?
Dining is the strongest category at 1% effective value (1x points at about 1 cents each). That dining rate ranks higher than about 2% of the 2,850 cards we track in that category. The five-category effective-rate table on this page shows how HSBC Premier compares across dining, grocery, gas, travel, and other spend. Catalog spend signals highlight flights at 2x.
Dining is the strongest category at 1% effective value (1x points at about 1 cents each). That dining rate ranks higher than about 2% of the 2,850 cards we track in that category. The five-category effective-rate table on this page shows how HSBC Premier compares across dining, grocery, gas, travel, and other spend.
| Category | Earn rate | Effective value |
|---|---|---|
| Dining Restaurants, cafes, takeout | 1x points | 1% Top category |
| Grocery Supermarkets and grocery stores | 1x points | 1% |
| Gas Gas stations and fuel | 1x points | 1% |
| Travel Flights, hotels, transit | 1x points | 1% |
| Other General everyday spend | 1x points | 1% |
Madeen values HSBC Rewards at about 1 cents each. Madeen compares every card using this cash-equivalent estimate while still showing the raw earn rate for context.
Who should get the HSBC Premier?
The HSBC Premier fits spenders who put meaningful volume in dining and can earn 1x points. Best for spenders who put meaningful volume in dining and can earn 1x points. The welcome bonus can help if you can meet the spend requirement. Travel perks may add value beyond the earn rate.
HSBC Premier fits spenders who put meaningful volume in dining and can earn 1x points. Madeen ranks its dining effective rate higher than about 2% of the catalog in that category. Compare it against cards you already carry with Madeen — no bank login required.
Best for spenders who put meaningful volume in dining and can earn 1x points. The welcome bonus can help if you can meet the spend requirement. Travel perks may add value beyond the earn rate.
Mostly a flat base earn card without strong category bonuses.
Best for dining-heavy spend when you want to avoid an annual fee; confirm issuer terms before applying.
Pros
- Strongest Madeen category is dining at about 1% effective (1x points).
- No annual fee in our catalog snapshot.
- No foreign transaction fee listed.
- Welcome bonus may add value if you can meet spend requirements.
Cons
- HSBC Rewards value depends on how you redeem, not straight cash back.
What is the HSBC Premier welcome bonus?
In Madeen's catalog snapshot, the HSBC Premier welcome offer is Earn 35,000 Rewards Bonus Points worth at least $400 in air travel – after spending $3,000 in the first 3 months from Account opening.. Minimum spend, eligibility, and offer windows are set by the issuer and can change — confirm on the issuer application page before applying.
- Offer
- 35k HSBC Rewards (~$350 estimated)
- Terms (catalog snapshot)
- Earn 35,000 Rewards Bonus Points worth at least $400 in air travel – after spending $3,000 in the first 3 months from Account opening.
- Minimum spend
- $3,000
- Window
- 3Months
Does the HSBC Premier have an annual fee?
The HSBC Premier has an annual fee of $0 and a foreign transaction fee of None. Confirm current fees on the issuer page before applying.
- Annual fee
- $0
- Foreign transaction fee
- None
What travel perks does the HSBC Premier include?
The HSBC Premier includes Trusted traveler credit, Booking.com Discount, Cellular Wireless Telephone Protection, Global emergency services in our snapshot. Perks and benefits can change; verify coverage on the issuer site before you rely on them.
Trusted traveler credit
$120/yrExperience expedited airport screening with TSA Precheck. Receive a statement credit of $85 every five years as reimbursement for the application fee.
How we value this
Editorial: Global Entry application fee ($120) is the standard trusted-traveler credit ceiling on premium cards; TSA PreCheck alone is $85.
What benefits come with the HSBC Premier?
Purchase Assurance
$1,000/yrcovers most purchases from damage or theft within 90 days of purchase up to $1,000.
Cellular Wireless Telephone Protection
$800/yrprovides reimbursements up to $600 per claim if your cellphone is stolen or damaged.
Mastercard Transit Benefit
$200/yrSave when you tap and go with your eligible Mastercard and receive a $2.50 statement credit when you spend $10 or more each month at participating transit systems.
Instacart+
$140/yrGet up to $140 annually with Instacart+. When you sign up as a new member, receive 2 free months of Instacart+ and $10 off your second order each month.
Instacart
$140/yrGroceries and more delivered in as fast as one hour. Get $10 off your second order each month, and new Instacart+ members can also get three free months of Instacart+.
Speed up airport screening
$85/yrwith up to $85 towards Global Entry, TSA Precheck, TSA Precheck by Clear, or NEXUS application fees, once every 4.5 years.
ShopRunner Membnership
$79/yrComplimentary ShopRunner membership worth $79 annually.
Lyft Credit
$60/yrTake 3 rides, and get a $5 Lyft App credit every month with your Premier credit card.
Straming Credit
$60/yrReceive up to $60 in statement credits annually when you pay for your TV streaming subscription.
Global emergency services
$10/yrCall 1-800-MASTERCARD (1-800-627-8372) for 24/7 assistance to report a lost or stolen card.
HealthLock
$10/yrEnjoy a HealthLock for Mastercard Medical Claim Monitor complimentary membership plus a 90-day upgrade to all HealthLock services at no monthly cost.
Mastercard Golf
$10/yrGet exclusive PGA TOUR® experiences and access amazing golf benefits with our Golf Concierge Service.
Related encyclopedia topics
Common questions about the HSBC Premier
Where do cardholders spend most with the HSBC Premier?
Madeen's RewardsCC catalog snapshot shows the strongest bonus categories on flights (2x), lodging (2x), other travel (2x) for the HSBC Premier. These are anonymized issuer category signals, not individual cardholder transactions. Route everyday spend through categories that match your habits, then compare effective rates with Madeen at checkout.
Does the HSBC Premier have an annual fee?
The HSBC Premier carries an annual fee of $0 in Madeen's catalog snapshot. Issuer terms can change, so confirm the current fee on the issuer's site before you apply. Madeen does not predict approval or prequalification.
What category earns the most with the HSBC Premier?
Dining is the strongest Madeen category for the HSBC Premier at about 1% effective value, based on our catalog snapshot and standard point valuations. Other categories are listed in the effective-rate table on this page.
Does the HSBC Premier charge foreign transaction fees?
The HSBC Premier does not charge a foreign transaction fee in Madeen's catalog snapshot, which can make it stronger for purchases outside the U.S. Issuer terms still control international acceptance and other fees.
What is the HSBC Premier welcome bonus?
The HSBC Premier welcome offer in our snapshot: Earn 35,000 Rewards Bonus Points worth at least $400 in air travel – after spending $3,000 in the first 3 months from Account opening.. Minimum spend, eligibility, and offer windows are set by the issuer and can change.
What credit score do you need for the HSBC Premier?
Madeen's catalog lists a typical credit range of Good for the HSBC Premier. Issuers decide approval using their own criteria; Madeen does not predict approval odds or prequalification.
How does the HSBC Premier compare to similar cards?
Compare the HSBC Premier against HSBC Elite (2% on Dining, $495 fee); HSBC Cash Rewards (1.5% on Dining, $0 fee); HSBC Cash Rewards Student (1.5% on Dining, $0 fee). Madeen ranks effective value by category and annual fee using the same catalog snapshot dated 2026-05-01.
| Card | Top category | Effective value | Annual fee |
|---|---|---|---|
HSBC Premier This card | Dining | 1% | $0 |
HSBC | Dining | 2% | $495 |
| Dining | 1.5% | $0 | |
| Dining | 1.5% | $0 | |
HSBC | Dining | 0% | $0 |
Store-specific guides
Madeen publishes merchant guides that rank cards for specific stores and services. Browse guides for dining spend to see which cards win at checkout.
Related Madeen guides
Related cards
See how this card ranks in your wallet
Madeen compares the cards you already carry for dining, groceries, gas, travel, and everyday purchases — free, no bank login required.
HSBC and related product names are trademarks of their respective owners. Madeen is not affiliated with, sponsored by, endorsed by, or acting on behalf of HSBC. Madeen is an independent credit-card comparison and education service. Issuer websites control current terms, fees, and eligibility.
Madeen compares cards you add to your wallet using published catalog rules — no bank login required. Issuer pages control current fees, caps, exclusions, and eligibility; Madeen does not issue cards, make approval decisions, or provide financial advice. Apply links are temporarily hidden on madeen.app. Affiliate disclosure