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HSBC · Mastercard · Miles

HSBC Premier Travel Mastercard By invitation

Earns
Up to 1.1 Air Miles per RM Overseas / FX in-person and Online (foreign currency)
Lounge
12 visits a year DragonPass
Applications
By invitation
Annual fee
Free for life 1% overseas fee, lower than most

Good for

  • Foreign currency spend earns 1.1 Air Miles per RM1.
  • 12 DragonPass lounge visits a year at over 1,300 lounges.
  • No annual fee while you are a Premier Elite customer.

Watch out

  • By invitation only, for Premier Elite customers with RM3,000,000 at HSBC.
  • Local spend earns just 1 Air Mile per RM4.
  • KrisFlyer and Asia Miles take 2,500 Air Miles for 1,000 miles.
  • Existing holders who are not Premier Elite pay RM600, waived at RM45,000 spend a year.

What it earns

Air Miles, per RM spent. Each row says what the points are worth.

SpendingEarnsDetails
Overseas / FX in-person and Online (foreign currency)1.1 points per RM On the first RM18,182 a month. 1.1 miles per RM with Enrich, or 0.44 miles per RM with KrisFlyer or Asia Miles.
Spending in ringgit0.25 points per RM On the first RM120,000 a month. 0.25 miles per RM with Enrich, or 0.1 miles per RM with KrisFlyer or Asia Miles.
Petrol, Government / LHDN / JPJ and JomPAY / FPX / DuitNow to billersNothing

Points and transfers

Enrich
1,000 points for 1,000 miles Moved in blocks of 1,000 points.
KrisFlyer
2,500 points for 1,000 miles Moved in blocks of 2,500 points.
Asia Miles
2,500 points for 1,000 miles Moved in blocks of 2,500 points.

Travel

Airport lounges
12 free visits a year DragonPass, 1,300+ worldwide lounges. Main cardholder only, through the Mastercard Travel Pass app. Supplementary cardholders and guests pay. Visits reset each calendar year; the program runs to 31 Dec 2026.
Overseas spending fee
1% 1% HSBC conversion cost, plus any fee Visa or Mastercard adds.

Insurance

Free. Register before you travel; one registration covers trips that start within 12 months. Pay the full fare with this card, or with its points. For cardholders aged 18 to 69.

Medical bills on a trip
Up to USD500,000 For injury or sickness on the trip, including emergency evacuation. Your spouse and children are covered too, at 50% of each limit.
Trip canceled or cut short
Up to USD5,000 Delays over 4 hours and missed connections up to USD500. Luggage up to USD5,000, USD625 an item; bags over 4 hours late up to USD500.
Shopping and fraud cover
Online purchases up to USD200 A Mastercard e-commerce cover, separate from the travel cover.
Insurer
AIG Malaysia Insurance Claims go to AIG, not HSBC.

Fees and charges

What it costs if you don't pay in full, or use it for cash.

Annual fee
Free for life No spending needed to keep it free.
Extra (supplementary) cards
Free The RM25 service tax still applies each year.
Service tax
RM25 a year per card A government charge on every credit card in Malaysia, billed by the bank.
Interest
15%, 17% or 18% a year Depends on how reliably you paid over the last 12 months. None if you pay the full balance by the due date (20 days after your statement).
Minimum monthly payment
5% of the balance, or RM50 Whichever is higher, plus any instalments and unpaid past minimums.
Late payment
1% of the balance, RM10 to RM100 Charged when the minimum payment is late.
Cash withdrawal
RM8.70 fee per withdrawal Plus 8% service tax on the fee, and 18% a year interest from the day you take it out. No interest-free days. An unpaid cash advance also cancels the interest-free days on your other spending. HSBC also adds a handling charge at ATMs.
Replacement card
RM50

Who can apply

Income
By invitation The gate is a total relationship balance of RM3,000,000 with HSBC, not an income.
Who
By invitation, for HSBC Premier Elite customers only
Age
21 or older

Other perks

Pay by phone
Apple Pay, Google Pay, Samsung Pay Add it in Apple, Google or Samsung Wallet, then verify it in the HSBC Malaysia app. A supplementary card needs the main cardholder to call HSBC.
Card network
Mastercard

Where this comes from