Axis Burgundy Private vs HSBC Premier
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
Axis Burgundy Private wins 4-1. Private-banking-tied super-premium — fee waived with banking AUM. HSBC Premier is still the right call if hsbc premier banking clients — no annual fee with relationship..
Side-by-side
| Criterion | Axis Burgundy Private | HSBC Premier |
|---|---|---|
| Annual fee | = No annual fee | = No annual fee |
| Joining fee | = None | = None |
| Top reward rate | 5% (general) | · 3% (travel) |
| Base reward rate | 5% | · 1% |
| Forex markup | No FX fee | · 1.99% |
| Welcome bonus | = Burgundy Private banking relationship + 50K points | = 40,000 reward points on Premier banking opening |
| Fee waiver threshold | = N/A (no fee) | = N/A (no fee) |
| Min income | · ₹10,000,000 | ₹4,000,000 |
| Min credit score | = 800 | = 800 |
| Editorial rating | 4.6/5 | · 4.5/5 |
Benefits compared
Axis Burgundy Private
- 5 EDGE points per ₹100
- Unlimited international + domestic lounge access
- Annual fee waived for Burgundy Private clients (₹5Cr+ AUM)
- 0% forex markup on travel via Travel EDGE
- Dedicated relationship manager + concierge
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
›Axis Burgundy Private vs HSBC Premier: which is better?
Axis Burgundy Private wins on more dimensions (4 vs 1). 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 Axis Burgundy Private 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?
Axis Burgundy Private: Burgundy Private banking relationship + 50K points. HSBC Premier: 40,000 reward points on Premier banking opening.