HSBC Premier

The HSBC Premier card is built for existing HSBC Premier customers who want a simple no-annual-fee points card, with a little extra value on travel and straightforward earnings everywhere else. This is more of a low-maintenance everyday card than a category-chasing rewards card, and it makes the most sense if you already bank within HSBC’s Premier relationship.

Welcome Offer

35,000 Points

Annual Fee

Rec. Credit Score

Good

Good For

HSBC Premier banking customers

How to Apply

All information about HSBC Premier has been collected independently by MaxRewards. HSBC Premier is no longer available through MaxRewards.

Is the HSBC Premier worth it?

This card is great for...

Simple everyday spending

Travel purchases

No annual fee points earning

If you already qualify for HSBC Premier and want a card that keeps things easy, this one is a reasonable fit. You get a solid no-annual-fee welcome offer, 2x points on travel, and 1x points on everything else, with points valued at about 1 cent each. That makes the card easy to understand and easy to use without worrying about rotating categories or spending caps.

For most readers, though, the appeal is fairly narrow. The rewards structure is modest, and there are no listed travel perks, statement credits, or side benefits to lift the card beyond its basic earning rates. If your main goal is stronger everyday rewards or premium card perks, you will likely find better value elsewhere. This card works best as a straightforward companion to an HSBC Premier banking relationship, not as a standout rewards product on its own.

MaxRewards Verdict

This card fits HSBC Premier customers who want a simple, no-fee points card and do not need extra perks. Outside that audience, its rewards are easy to use but not especially competitive.

Welcome Offer

35,000 Points after you spend $3,000 on purchases on your new card in your first 3 months of card membership.

Est. Value

$350

Required Spend

$3,000

Time Frame

3 Months

Est. Value

$350

Required Spend

$3,000

Time Frame

3 Months

What's your average monthly spend?

$1,000

You should easily hit the bonus threshold with this spend!

Rewards

Rewards percent based on a valuation of 1¢ per HSBC point

The rewards setup here is simple: 2x points on travel and 1x point per dollar on everything else, with points worth about 1 cent each. Think of it as a straightforward earn-and-redeem card rather than one built around maximizing bonus categories.

CategoryEst. yearly spendRateRewards

Travel

Est. yearly spend

Rate2%

Rewards

Everywhere

Est. yearly spend

Rate1%

Rewards

Est. Annual Rewards

Recommended Minimum Credit

Min: Good

Poor

Fair

Good

Excellent

Good credit or higher is recommended for this card.

Credit approval is not guaranteed. Meeting the recommended credit range does not ensure approval, and applicants with lower scores may still be considered.