Flipkart Axis Bank vs HSBC Premier
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
Flipkart Axis Bank wins 5-4. Flipkart loyalists who also use Myntra and Cleartrip HSBC Premier is still the right call if hsbc premier banking clients — no annual fee with relationship..
Side-by-side
| Criterion | Flipkart Axis Bank | HSBC Premier |
|---|---|---|
| Annual fee | · ₹500 | No annual fee |
| Joining fee | · ₹500 | None |
| Top reward rate | 5% (shopping) | · 3% (travel) |
| Base reward rate | 1.5% | · 1% |
| Forex markup | · 3.5% | 1.99% |
| Welcome bonus | = ₹500 Flipkart voucher + ₹600 spend bonus on first 90 days | = 40,000 reward points on Premier banking opening |
| Fee waiver threshold | ₹350,000 / yr | · N/A (no fee) |
| Min income | ₹360,000 | · ₹4,000,000 |
| Min credit score | 730 | · 800 |
| Editorial rating | · 4.4/5 | 4.5/5 |
Benefits compared
Flipkart Axis Bank
- 5% cashback on Flipkart, Myntra, 2GUD
- 4% cashback on Cleartrip, Swiggy, Uber, PVR, Cult.fit
- 1.5% cashback on every other transaction
- 4 complimentary domestic lounge visits per year
- 1% fuel surcharge waiver
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
›Flipkart Axis Bank vs HSBC Premier: which is better?
Flipkart Axis Bank wins on more dimensions (5 vs 4). 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 Flipkart Axis Bank 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?
Flipkart Axis Bank: ₹500 Flipkart voucher + ₹600 spend bonus on first 90 days. HSBC Premier: 40,000 reward points on Premier banking opening.