HSBC Premier Credit Card

About HSBC Premier Credit Card

Packed with a wide range of travel benefits, the HSBC Premier Credit Card is designed to be the best travel companion. In addition to this, it provides cardholders with access to rewards across the world, combining superb discounts altogether. New owners and future applicants of this HSBC credit card can expect huge savings, worldwide benefits, and seamless connectivity anywhere in the world. Crafted exclusively to complement the exuberant lifestyle of its cardholders, this card offers an exceptional rewards program.                                                                                                                                                                                               

Features of the HSBC Premier Credit Card

When it comes to HSBC credit card in UAE, card members can rest assured that they are getting the best in industry features. HSBC Premier Credit Card comes with advanced features that other credit cards simply can’t match. This credit card is best suited to be used by those people who are frequent travelers. Let’s talk about a few important features of the HSBC Premier Credit Card:

  • No Monthly Fee: The HSBC Premier Credit Card doesn’t have an annual fee; it is free for life credit card. The cardholder can enjoy the vital benefits of this card without paying any annual membership fees.
  • Low-Interest Rate: This HSBC credit card offers a low-interest rate on outstanding retail purchases.
  • Cash Advance: The card member can withdraw cash up to 50% of the total credit limit in times of financial emergency.
  • Balance Transfer: This HSBC credit card offers the facility of transferring the outstanding balance from other bank’s credit card to this HSBC credit card. The cardholder can enjoy a 0% interest rate for 6 months.
  • Supplementary Cards: Member of the Premier HSBC credit card is entitled to unlimited supplementary HSBC Premier Credit Supplementary or add-on cards are issued to family and friends of the primary card member and share one common credit limit with the primary card. Please note that there is no annual fee for the supplementary cards.

Benefits of the HSBC Premier Credit Card

Whether at home or travelling, the HSBC Premier Credit Card offers a complete range of exclusive benefits and rewards to its cardholder. Given below are some of its main benefits that make this HSBC credit card a perfect choice.

Privileges & Rewards

  • Air Miles Rewards Programme: Members of this Premier HSBC credit card in UAE can earn Air Miles on all retail spends with Air Miles Rewards Programme.
    • Collecting Air Miles: For AED 1 spent on retail purchases, 1 Air Mile is earned. The collected Air Miles on the HSBC Premier Credit Card will be featured on the monthly statement of the card and they will be transferred to the Air Miles account every month.
    • Doubling Air Miles: The cardholder can get double Air Miles by making a purchase with this HSBC credit card at over 1500 outlets across the UAE.
    • Spending Air Miles: These Air Miles can be redeemed for shopping vouchers, airline tickets, travel accommodation, entertainment, electronics, and much more.
  • HSBC Entertainer Mobile App: The card member can enjoy more than 8000 “buy one, get one free” offers across leisure, dining, wellness, and retail by downloading the free HSBC Entertainer Mobile App.
  • Valet Parking: The cardholder can get up to 4 free valet parking visits every month at selected Valtrans locations around Dubai and Abu Dhabi. He/she need to show this HSBC Premier Credit Card to avail of this benefit. Please note that any further visits will be chargeable.
    • Dubai’s Valtrans locations: Wafi City, Oasis Centre, Dubai Courts, Ibn Battuta Mall, American Hospital, City Walk 1, and Dubai International Airport (T1 & T3).
    • Abu Dhabi’s Valtrans locations: Dalma Mall & Marina Mall
  • Dubai Opera Entertainment: The HSBC credit card offers access to premium seating i.e. the 20 seats in the first 10 rows will be reserved for the cardholder of this HSBC credit card. In addition to this, members of this card will get complimentary services that include parking, refreshment, show program, and memorabilia (when available).

In order to get the access to seats in the first 10 rows for the desired show, the cardholder is simply required to book pre-reserved tickets by using the “MCWORLD” promo code. To redeem other benefits on arrival, they are just required to present their HSBC Premier Credit Card at the Internal Box Office near Door 2.

  • Cinema Offers: Members of this HSBC credit card can get free movie tickets by simply paying with the HSBC Premier Credit Card. The offers are valid at both VOX and REEL cinemas.
    • VOX Cinema Offer: The cardholder can get 4 “buy one, get one free” movie tickets at any VOX cinema across the UAE. Additionally, members of this credit card can enjoy a 20% discount on food & beverages at VOX Cinemas.
    • REEL Cinema Offer: Pay with the Premier HSBC Credit Card in the UAE and get 2 buy one, get one free offer at any REEL Cinema anywhere in the UAE. Also, get a 20% discount on food & beverages at REEL Cinemas across the country.
  • “I Love Dining” Offers: This is basically an exclusive dining programme especially designed for the customer of HSBC. The cardholder can enjoy up to 25% discount at more than 100 restaurants when they make a transaction by using the HSBC Premier Credit Card.
  • Premium Shipping Discounts: The cardholder can shop online from any of their favorite US based merchants and have their purchases shipped to 220 countries with MyUS. Following benefits can be availed:
    • 25% shipping discount for one year
    • Complimentary premium membership for one year that is worth USD 60
    • A MyUS Address to use at checkout with the favorite online stores
    • Free insurance for the 1st USD 100 in merchandise value
    • Free setup for Premier Membership that is worth USD 20
  • Reebonz Online Shopping Privileges: As a new Reboonz customer, the Premier HSBC credit card member is given complimentary AED 350 of shopping credits towards his/her first purchase. Along with this, the member of this card gets 6% off on luxury online shopping with Reebonz as well as free international shipping. Therefore, this HSBC credit card makes luxury online shopping more rewarding and delightful.

Travel Benefits

  • Discount on Cleartrip: The cardholder can get discount on booking tickets with Cleartrip by using this HSBC credit card and enjoy the following benefits.
    • Huge discount on air tickets (applicable on all airlines).
    • 10% off on any International roundtrip airfare
  • Complimentary nights with Starwood Hotel & Resorts: Members of the Premier HSBC Credit Card in UAE are given membership to the Starwood Preferred Guest (SPG) Program. As a member of the SPG member, the HSBC credit card holder can enjoy complimentary nights of stay at over 175 Starwood Hotels & Resorts properties across the Middle East, Europe, and Africa.
    • Cardholders that book two nights of stay earn their one night’s stay free
    • Cardholders that book four nights of stay earn their two night’s stay absolutely free

Starwood Hotel & Resorts properties include premier hotels such as Le Meridien, W Hotels, Westin, Delta Hotels, and many more.

  • British Airways Fare Discounts: The card member can avail up to 15% off on British Airways fares (excluding applicable taxes, fees & charges) for flights from UAE to USA, Europe, UK, and Canada.
  • Expedia Discounts: The Premier HSBC UAE credit card provides the customer with a 10% off on hotel bookings made at Expedia through the HSBC Premier Credit Card. In addition to this, cardholders are also given an entire year’s Expedia+ Gold membership at no cost, through which the HSBC credit card member is eligible for complimentary room upgrades and plenty of discounted offers.
  • Agoda Discounts: On booking hotels through Agoda.com, the card member will get up to 7% discount at over 180,000 hotels across the world.
  • LoungeKey Programme: The cardholder can enjoy membership to the LoungeKey Programme that offers access to more than 750 airport lounges all over the globe. Apart from enjoying the airport lounge convenience, the member of this card can enjoy a range of privileges including complimentary newspaper, television, refreshment, and business facilities. The eligible card members are simply required to show their HSBC credit card at the participating airport lounge and pay the discounted fee to enjoy the airport lounge access. Please note that airport lounges charge USD 27 per person (including accompanying guests) for each visit.
  • Complimentary Airport Lounge Access: The card member can enjoy free access at selected airport lounges all over the MENA region.
  • Free Global Wi-Fi: This HSBC credit card allows its cardholder to keep updated and connected with the world as it offers complimentary global Wi-Fi through Boingo at more than 1 million hotspots across the world. Card members can connect up to 4 devices at hotels, airports, and popular places around town without having to worry about roaming charges, data caps, and unreliable network coverage.
  • HSBC Premier Privileges: With the HSBC Premier Privileges programme, the cardholder can take benefit of several special offers on dining, shopping, travel, and entertainment across the globe when making a transaction with the HSBC Premier Credit Card.

Protection

  • Worldwide Travel Insurance: As a member of this HSBC credit card, one can enjoy the peace of mind with worldwide travel insurance while travelling. Offered by the AXA Insurance Gulf, this travel insurance will safeguard the cardholder and his/her family member in cases like accidental death, emergency medical evacuation, medical expenses for accident or sickness and delayed flight.
  • Credit Shield Plus: As of now credit shield plus is currently not available for new cardholders. However, all those cardholders who already have credit shield plus insurance cover on their card will not be impacted and they will continue to have the advantage of this insurance cover. Well, credit shield plus is an optional insurance cover that the cardholder can opt for if he/she has an HSBC credit card issued by HSBC Bank Middle East Limit in the UAE.

Credit Shield Plus offers insurance coverage for the situations where the cardholder is unable to pay off their debt in the unforeseen event of:

  1. Natural death
  2. Critical illness
  3. Permanent total disability
  4. Temporary total disability (for self-employed card members only)
  5. Involuntary loss of employment (for salaried card members only)
  • Purchase Protection: The HSBC credit card offers coverage for newly purchased items, stating that any newly purchased goods that are damaged or stolen within 90 days from the date of purchase can be replaced or reimbursed for up to USD 2000 per incident and a maximum of USD 5,000. The facility of purchase protection is offered by MasterCard International in association with American Home Assurance Company.

HSBC Premier Credit Card Eligibility

The following eligibility criteria should be met by the applicant seeking HSBC Premier Credit Card:

  • Age of the Applicant: To be eligible for the HSBC credit card, the minimum age of the applicant is 21 years while the maximum age limit is 70 years.
  • HSBC Premier Account Holder: The applicant must have an HSBC premier account to apply for an HSBC Premier Credit Card. An HSBC premier account grants the customer access to benefits such as no annual membership fees, global acceptance, exclusive discounts, and much more.

In addition to the above-mentioned eligibility criteria, an applicant is required to meet a few HSBC Premier Account eligibility criteria. To qualify for an HSBC Premier Account, customers should either:

  1. Meet the minimum monthly requirement of AED 350,000 through either deposits or investments or
  2. Make a minimum monthly income transfer of AED 50,000 or above or
  3. Have a minimum mortgage drawdown of AED 3,000,000 or above for the initial 24 months, after which either of the first two conditions needs to be met.

Top Reasons To Get An HSBC Premier Credit Card

The Premier HSBC UAE Credit Card offers a huge range of benefits and rewards. It is very rare to find a credit card that can match these benefits. Well, there are several reasons why customers in the UAE covet the HSBC Premier Credit Card so highly and some of the main reasons are as follows:

1. Free For Life

One of the foremost reasons to choose the HSBC Premier Credit Card does not charge an annual fee hence it is free for life. In fact, there are no charges for the supplementary HSBC Premier Credit Card.

2. Excellent Customer Care Service

HSBC bank is a well-renowned bank that not only offers the best service in the market but also provides its customers round the clock customer care support whenever required. The customer care executive of the HSBC bank helps and guides the customer in an elaborate manner, resolving their doubts and queries (if any) with the utmost ease.

3. Tons of Discounted Offers

With this HSBC UAE credit card, one can enjoy a wide range of discounted offers on shopping, dining, travel, entertainment, and wellness. Therefore, it just not makes spending rewarding but also this card help in maximizing saving.

4. History of Excellence

HSBC credit cards have consistently performed well in the market, offering better incentives at a lower cost to the customer. This has helped HSBC earn a massive following across the UAE, and with good reason.

HSBC Premier Credit Card Offers

In addition to the astounding benefits and features, the HSBC Premier Credit Card provides numerous offers and privileges to its cardholder that keep on updating time to time. From travel and dining to lifestyle and entertainment, the member of this HSBC credit card can avail of all types of offers and make the most of their card. This card allows its cardholder to earn amazing rewards while spending. Therefore, it makes spending more exciting and rewarding and allows its card member to spend on things that he/she love and get benefits in the form of rewards.

This card provides amazing “International Offers”. As a member of this HSBC credit card, the cardholder can enjoy exclusive offers on leisure, entertainment, shopping, and dining at around 19000 outlets across 160 countries.

Fees & Charges of HSBC Premier Credit Card

There are some fees & charges associated with HSBC credit card that every card member must know before get started using the card to avoid penalty. Here is the complete list of them:

 

Types of Charges Charges
Annual fee of the Primary Card Free
Annual fee of the Supplementary Cards (shared limit) Free
Supplementary cards one time set-up charges for separate limit (All fees & charges apply excluding the annual fee) Free
Finance charges/interest on retail purchases 2.75% per month
Finance charges/interest on cash withdrawals 2.75% per month
Cash withdrawal/advance charges 3% (3.15% inclusive of VAT) of the total amount or AED 100 ( AED 105 inclusive of VAT), whichever is greater
Charges of card replacement Free
Late Payment Charges AED 230
Over Limit Charges Free
Charges of Returned Cheque AED 100
Retrieve a copy of sales slip Free
Dispute verification Charges Free
Foreign Currency Processing Fee(Applicable on all the transactions that are not in the billing currency) 2% (2.1% inclusive of VAT) of the foreign currency transaction amount as converted into the billing currency
Credit Shield Plus 0.625% of the outstanding amount
Charges of credit card paper statement Free
Service charges of urgent delivery of the credit card AED 100 (AED 105  inclusive of VAT)
Liability Letter Charges AED 50 (AED 52.5 inclusive of VAT)
No Liability Certificate Charges AED 50 (AED 52.5 inclusive of VAT)
Balance Transfer (BT) Fee
  • For 6 months – 1.50% (1.58% inclusive of VAT) of BT or AED 100 (AED 105 inclusive of VAT), whichever is greater
  • For 12 months - 3% (3.15% inclusive of VAT) of BT or AED 100 (AED 105 inclusive of VAT), whichever is greater
  • For 24 months - 6% (6.30% inclusive of VAT) of BT or AED 100 (AED 105 inclusive of VAT), whichever is greater
 
Cash Instalment Plan (CIP)
  • Reducing balance interest p.m. – 0.75% to 1.25%. However, the interest rate will be dependent on the individual circumstances
  • Early settlement charges –AED 0
  • Charges of CIP – AED 0
  
Flexi Installment Charges (FIP)
  • Reducing balance interest p.m. – 0%
  • Flexi Installment Plan Charges – Up to 2% (2.10% inclusive of VAT) of the purchase amount
  • Early settlement charges –AED 0
  
Valet Parking Services in specific locations Free (4 times a month)

 

How To Apply For HSBC Premier Credit Card?

New or existing HSBC UAE customer can apply for the HSBC Premier Credit Card by visiting the nearest branch of the bank or through the online banking portal. Else, the applicants can also apply for the HSBC credit card through the phone.

  • Online Application: Applying online for the credit card is the easiest and convenient way. HSBC Bank offers its applicants a user-friendly online banking platform through which they can apply for the credit card in a hassle-free manner.
  • Offline Application: Alternatively, the applicants can visit the nearest HSBC bank’s branch and apply directly for the HSBC Premier Credit Card.
  • Phone banking: The applicants also have an option to apply for the HSBC credit card UAE through the phone. They can contact an HSBC representative via phone on:
    • 800 4320 within UAE,
    • +971 4 224 1000 - outside UAE.

Documents Required To Apply For HSBC Premier Credit Card

An applicant is required to submit the following documents for completing the HSBC Premier Credit Card application:

  • Identification documents of primary as well as supplementary card members - A Valid Emirates Identity card
  • Original Passport
  • Valid Resident Visa (for non-GCC national customers only)
  • UAE residence proof
  • Security cheque (Signed)
  • Original bank statements of the last two months from the account where the applicant’s income is credited.
  • Income transfer letter (original) from the applicant’s employer/Income certificate (original) that was issued in the previous month or two income credits into an HSBC account

*Please note that the UAE residence proof can be shown in several ways. It could be utility bills, rental agreement/title deeds or employment letter (for GCC national customers only) dated within the last two months.

HSBC Premier Credit Card FAQ's

Q.1. What are the benefits of HSBC Premier Supplementary Credit card?

HSBC Premier Supplementary Credit card offers plenty of benefits which you can share among your family and friends. Following are the key benefits:

  • Zero Annual Fee: There is no annual fee for HSBC Premier Supplementary Credit card.
  • Air Miles: For AED 1 spent on retail purchases, 1 Air Mile is earned. These Air Miles can be redeemed for shopping vouchers, airline tickets, travel accommodation, entertainment, electronics, and much more.
  • Complimentary Airport Lounge Access: Supplementary card members of the HSBC Premier Credit Card can enjoy complimentary access to selected airport lounges.
  • HSBC Entertainer Mobile App: Supplementary cardholders can enjoy more than 8000 “buy one, get one free” offers across leisure, dining, wellness, and retail by downloading the free HSBC Entertainer Mobile App.
  • Complimentary Valet parking: Supplementary cardholders can enjoy the privilege of free valet parking at specific locations across Dubai & Abu Dhabi. He/she need to show this HSBC Credit Card to avail of this benefit.
    • Dubai’s Valtrans locations: Wafi City, Oasis Centre, Dubai Courts, Ibn Battuta Mall, American Hospital, City Walk 1, and Dubai International Airport (T1 & T3).
    • Abu Dhabi’s Valtrans locations: Dalma Mall & Marina Mall
  • Movie Offers: Cardholders of the HSBC Premier Supplementary Credit card can enjoy buy one, get one free offer on movie tickets when booked through VOX cinemas across the UAE.

Q.2. What should be the minimum age of the supplementary HSBC Premier Credit card member?

To be eligible for the supplementary HSBC Premier Credit card, the minimum age of the applicant should be at least 16 years.

Q.3. What is a cash advance? Are there any fees & charges on it?

Cash withdrawal made from an ATM or a bank branch with the credit card is referred to as a cash advance. It is recommended that you keep cash withdrawal as less as possible since credit card charge high-interest rates on a cash advance.  A cash advance fee is also charged on the amount withdrawn along with the cash advance interest rate (pre-determined) starting from the date of the withdrawn.

The HSBC Premier Credit card charges a cash advance fee of AED 100 or 3% of the total amount, whichever is greater. In addition to this, this HSBC UAE credit card also charges an interest of 2.75 % per on cash withdrawals per month.

Q.4. What am I supposed to do if my HSBC Credit card is lost or stolen?

In case you lose your HSBC Credit card or if it gets stolen, you should immediately inform the bank about the same. This should be done as soon as possible because the more time you take to report about the lost or stolen credit card, the more risk you are in. You can directly call on the bank’s customer care number in such situations. The bank will then freeze the missing car and replace it with a new one.

Q.5. What all privileges are available on HSBC Entertainer Mobile App?

You can easily download the HSBC Entertainer Mobile App on your Smartphone to enjoy tons of buy one get one offers. As a member of the HSBC Premier Credit Card, you can enjoy amazing offers on dining, retail, leisure, and wellness across 15 countries that include Bahrain, Hong Kong, England, Cyprus, Malaysia, Singapore, Jordan, Kuwait, Qatar, Oman, Saudi Arabia, South Africa, and United Arab Emirates (UAE).