HSBC Premier Travel Card: fees, interest and requirements
The HSBC Premier Travel Card has an annual fee of ₱12,500 a year and charges 3% a month on unpaid balances.
Verdict: Worth it if you fly often enough that its miles or lounge access are worth more than ₱12,500 a year to you.
From HSBC Credit Card Fees and Charges. Interest cap, in force since 2023: BSP Circular No. 1165, s.2023.
₱20,000 repaid in 3 equal monthly payments at 3% a month costs ₱1,212 in interest; add the ₱12,500 annual fee and a year comes to ₱13,712, 127th lowest of 127 cards open to the public.
BSP supervised: The Hongkong & Shanghai Banking Corporation, universal and commercial bank, BSP institution ID 12, is on the BSP Verifier list dated Sep 28, 2026.
What the HSBC Premier Travel Card gives you
- Earn 4 bonus points for every PHP20 spent on overseas purchases. HSBC card page
- Only HSBC Premier bank account holders with at least PHP5,000,000 Total Relationship Balance are eligible for an HSBC Premier Travel Card. same page
- Enjoy 10 complimentary visits to 1,800 airport lounges worldwide. same page
- Get 2 complimentary airport transfers and 2 airport meet-and-greet services same page
- Redeem your Reward Points for air miles, quickly and conveniently. same page
Who should get the HSBC Premier Travel Card
| If | Then |
|---|---|
| You pay in full every month and want a travel and miles card | The Maya Black Credit Card (Maya) needs ₱180,000 a year in income and costs ₱12,500 a year less as long as you use it monthly. Pick the HSBC Premier Travel Card only if its rewards are worth more than that to you. |
HSBC Premier Travel Card downsides, and what a late payment costs
- Without the required deposit balance, the fee is ₱12,500 a year.
If you pay late: HSBC charges up to ₱1,500, and 3% a month interest runs on what is unpaid. Safe action: pay at least the minimum due by the due date, or the full balance to pay no interest.
HSBC Premier Travel Card annual fee, interest and charges
| Charge | HSBC Premier Travel Card | When, and the rule |
|---|---|---|
| Annual fee | ₱12,500 a year Supplementary: free | Waived if customer has at least PHP5Mn Total Relationship Balance (TRB). HSBC fee page |
| Interest | 3% a month | At the BSP ceiling of 3% a month (Circ. 1165). same page |
| Cash advance | ₱200 a withdrawal plus 3% a month interest | The BSP maximum (Circ. 1165). same page |
| Late payment | ₱1,500 | same page |
| Foreign transactions | 0.99% | HSBC card page |
Figures from HSBC Credit Card Fees and Charges, HSBC card page. BSP ceilings: BSP Circular No. 1165, s.2023. How HSBC words its late-fee, foreign-fee and minimum-due rules, the same on all its cards: HSBC billing rules.
Requirements and how to apply
Apply with the button below. Channels, documents, status and hotline: HSBC contact and requirements.
Interest on your own balance
- Interest you pay at 3% a month:
- ₱1,212
- Monthly payment:
- ₱7,071
- Total you pay:
- ₱21,212
Against similar cards from other banks
| Card | Annual fee | Interest a month | ₱20,000 over 3 months, plus fees | Minimum income |
|---|---|---|---|---|
| HSBC Premier Travel Card HSBC | ₱12,500 a year free with a deposit balance | 3% | ₱13,712 | - |
| UnionBank Go Rewards Platinum Visa UnionBank | ₱5,000 a year | 3% | ₱6,212 | ₱600,000 a year |
| UnionBank Cebu Pacific Platinum UnionBank | ₱5,000 a year | 3% | ₱6,212 | ₱600,000 a year |
| BDO Visa Platinum BDO | ₱4,500 a year waived above a spend | 3% | ₱5,712 | ₱924,000 a year |