Shifting from Axis Burgundy to HSBC Premier

[abhiaj_geek]

Currently I have Axis Burgundy salary account for last half a year. Axis burgundy debit card is good with its BOGO BMS benefits but haven’t used it much honestly. For movies I already use sapphiro and epm, which is usually enough.

Axis Burgundy may have some future benefits, Idk, like they once gave ltf M4B credit cards.


Hsbc premier has the following benefits:
1. US hsbc premier account; not sure what I will use it for as of now.
2. Hsbc premier cc: bogo bms tkts, 3%(?) on excluded spends and amazing joining benefits (taj epicure and 12k taj pts).

However, the redemption options on hsbc premier cc are very limited and may give less than 3% net reward rate.


Should I shift to hsbc premier? Is it worth the hassle because I will have to convert the axis Burgundy salary account to normal savings.

PS: I already have epm and dcb. So hsbc premier will not be my primary credit card.

 

[Rithin]

why dont you want to use m4b?

 

[abhiaj_geek]

why dont you want to use m4b?

I dont have m4b

 

[R_A_J]

Basis my very limited research, One differentiating factor I came across was that the salary account holder can open HSBC accounts/cards in other countries easily and there was also waivers/discounts on using HSBC ATMS overseas. perhaps they use Indian credit history too for issuing overseas Credit card (not sure).......

+ following this thread.

 

[cardio_guycardio_guy is verified member.]

I read in another thread that If you have HSBC premier in another country and open one in India, you don't get any benefits/previleges of the actual premier account here in India. Forex rate and other stuff will be as normal account.
To get full fledged benefit we neec to maintain 40L TRV.
So in a reverse scenario -- where you are opening a Premier account in another country, I am not sure if it still is like that. If yes, it is bad.
See here -- Move from HDFC Imperia to HSBC Premier ?? - Query & Discussion