Head-to-head · 🇮🇳 India
ICICI Rubyx vs HSBC Premier
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
ICICI Bank
ICICI Rubyx
VISA
Wins 3 of 10
IN
Premium
HSBC
HSBC Premier
Wins 5 of 10
Verdict
HSBC Premier wins 5-3. HSBC Premier banking clients — no annual fee with relationship. ICICI Rubyx is still the right call if step up from coral — adds dual-network and milestone rewards..
Side-by-side
| Criterion | ICICI Rubyx | HSBC Premier |
|---|---|---|
| Annual fee | · ₹2,000 | No annual fee |
| Joining fee | · ₹3,000 | None |
| Top reward rate | · 1% (general) | 3% (travel) |
| Base reward rate | = 1% | = 1% |
| Forex markup | · 3.5% | 1.99% |
| Welcome bonus | = 5,000 PAYBACK points + Tata CLiQ voucher | = 40,000 reward points on Premier banking opening |
| Fee waiver threshold | ₹350,000 / yr | · N/A (no fee) |
| Min income | ₹600,000 | · ₹4,000,000 |
| Min credit score | 760 | · 800 |
| Editorial rating | · 4/5 | 4.5/5 |
Benefits compared
ICICI Rubyx
- Dual-network (Visa + Amex one card)
- 4 international + 6 domestic lounge visits/year
- 15% off Culinary Treats
- 25% off movie tickets
- Comprehensive insurance
HSBC Premier
- 3 reward points per ₹100 on travel + dining
- 1 reward point per ₹100 on others
- Free for HSBC Premier clients (₹40L+ relationship)
- Unlimited international lounge visits via LoungeKey
- 1.99% forex markup
- Worldwide travel + emergency assistance
FAQ
›ICICI Rubyx vs HSBC Premier: which is better?
HSBC Premier wins on more dimensions (5 vs 3). But the right answer depends on your specific spending pattern — see the calculator below.
›Can I get both?
Yes — if your credit profile supports it, holding both is the optimal play. Use ICICI Rubyx for its best categories, HSBC Premier for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
ICICI Rubyx: 5,000 PAYBACK points + Tata CLiQ voucher. HSBC Premier: 40,000 reward points on Premier banking opening.