White Reserve Credit Card
Rs 12,500Annual fee
Rs 10,00,000Fee waiver spend
UnlimitedDomestic lounge
Domestic lounge conditions
- Unlimited domestic lounge access for primary and add-on cardholders.
- Unlimited international lounge access via Priority Pass for primary and add-on cardholders.
2%Forex markup
Best for
Premium, Travel, Lounge, Concierge, Milestones
Top rewards
All Retail Spends: No transactional rewards (Earns White Pass value on milestones only)
Premier Credit Card
Rs 20,000Annual fee
UnlimitedDomestic lounge
Domestic lounge conditions
- Unlimited complimentary domestic airport lounge access for primary and add-on cardholders.
- Unlimited complimentary international airport lounge access for primary and add-on cardholders.
- 8 complimentary international guest lounge visits per calendar year.
0.99%Forex markup
Best for
Premier, Travel, Lounge, Forex, Premium
Top rewards
Hotels Via HSBC: Up to 36 Reward Points / ₹100; Flights Via HSBC: Up to 18 Reward Points / ₹100; Car Rentals Via HSBC: Up to 6 Reward Points / ₹100
| Feature | White Reserve Credit Card | Premier Credit Card |
|---|---|---|
| Issuer | Kotak Mahindra Bank | HSBC Bank |
| Network | Visa | Mastercard |
| Joining fee | Rs 12,500 | Rs 12,000 |
| Annual fee | Rs 12,500 | Rs 20,000 |
| Fee waiver spend | Rs 10,00,000 | - |
| Reward type | White Pass | Reward Points |
| Best for | Premium, Travel, Lounge, Concierge, Milestones | Premier, Travel, Lounge, Forex, Premium |
| Top reward categories | All Retail Spends: No transactional rewards (Earns White Pass value on milestones only) | Hotels Via HSBC: Up to 36 Reward Points / ₹100; Flights Via HSBC: Up to 18 Reward Points / ₹100; Car Rentals Via HSBC: Up to 6 Reward Points / ₹100 |
| SmartBuy / accelerated caps | Not Listed | Not Listed |
| Domestic lounge | Unlimited | Unlimited |
| International lounge | Unlimited | Unlimited |
| Forex markup | 2% | 0.99% |
| Milestone benefits | Not Listed | Annual renewal fee waived for qualified HSBC Premier customers meeting the Premier relationship criteria. |
| Redemption | Statement credit: upto ₹ 0.7 per point | Air miles: upto ₹ 1 per point |
| Key exclusions | Fuel spends, Rent payments, EMI transactions, E-wallet loading transactions, Insurance spends, Government spends | Fuel transactions, Cash advances, Card fees, charges, interest, and disputed transactions |