Which card has a lower forex fee: Axis Bank Burgundy Private Credit Card or HSBC Premier Credit Card?

Axis Bank Burgundy Private Credit Card has lower forex markup (0% vs 0.99%).

Which card has a lower annual fee: Axis Bank Burgundy Private Credit Card or HSBC Premier Credit Card?

HSBC Premier Credit Card has a lower annual fee (₹20,000 annual fee vs ₹50,000 annual fee).

Which card offers better lounge access?

Axis Bank Burgundy Private Credit Card: Unlimited domestic lounge + Unlimited international. HSBC Premier Credit Card: 6 per quarter domestic + 2 per year international.

Which card has a higher base reward rate?

Base reward rates are not fully available for both cards in the current snapshot.

Pairwise comparison Compare 3+ cards →

Axis Bank Burgundy Private vs HSBC India Premier Credit Cards – Fees, Lounge, Forex

Side-by-side comparison of the Axis Bank Burgundy Private and the HSBC India Premier. Verify fees, lounge access, forex markup, and base rewards before you apply.

Burgundy Private

Premier

The short answer

Verdict

Pick Burgundy Private for travel, spending abroad and lounge access.

Head-to-head

Three core metrics

Annual fee

Burgundy Private ₹50,000 Annual-fee waiver not offered

Premier ₹20,000 Annual-fee waiver not offered

Premier saves ₹30,000/yr
Forex markup

Burgundy Private 0%

Premier 0.99%

Burgundy Private saves ~₹990 per ₹1L abroad
Domestic lounge

Burgundy Private Unlimited

Premier 24/year (6 per quarter)

Burgundy Private has unlimited domestic visits

Reward earning explained

Per card

Burgundy Private

7.5 EDGE Reward Points / ₹100

Strong data

Premier

3 pts / ₹100 · Up to 36 pts / ₹100 on Hsbc Travel With Points Hotels

Strong data

Pick based on what matters

4 dimensions

Start with the constraint you care about most: annual fee (Axis Bank Burgundy Private: ₹50,000 vs HSBC India Premier: ₹20,000), forex markup (0% vs 0.99%), or lounge access (Unlimited vs 24/year (6 per quarter)).

Travel Axis Bank Burgundy Private wins

Axis Bank Burgundy Private is better for travel

Axis Bank Burgundy Private is stronger here. Axis Bank Burgundy Private is cheaper for international spend (0% vs 0.99% forex).
Forex markup Axis Bank Burgundy Private wins

Axis Bank Burgundy Private is better for forex

Axis Bank Burgundy Private is stronger here. Axis Bank Burgundy Private has a lower forex markup (0% vs 0.99%).
Lounge access Axis Bank Burgundy Private wins

Axis Bank Burgundy Private is better for lounge access

Axis Bank Burgundy Private is stronger here. Axis Bank Burgundy Private offers unlimited domestic lounge visits versus 24 per year.
Rewards Insufficient data

Insufficient data to compare rewards

Available evidence is incomplete: Axis Bank Burgundy Private conservative base value ~1.5% per ₹100. HSBC India Premier is not safely INR-comparable (no usable point value).

Burgundy Private: Strong data Premier: Strong data

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

Burgundy Private: ~₹750/month at base rate
HSBC Premier: Base earn not clearly specified

Illustrative only, using current base rates before caps.

Field	Burgundy Private Axis Bank	Premier HSBC India
Insurance — Lost card liability cover Only available for HSBC Premier	Not specified	₹3 lakh
Insurance — Underwriter Only available for HSBC Premier	Not specified	Insured by ICICI Lombard General Insurance Company Limited
Lounge Access
Domestic lounge visits Unlimited vs 24/year (6 per quarter)	Unlimited	24/year (6 per quarter)
International lounge visits Unlimited vs 2 per year	Unlimited	2 per year
Forex / International Use
Forex markup Source agreement differs — verify both. 0% vs 0.99%	0%	0.99%
Fees
Recurring annual fee ₹50,000 vs ₹20,000	₹50,000	₹20,000
Annual-fee waiver	Not offered	Not offered
Interest-free period Only available for Burgundy Private	Up to 50 days	Not specified
Monthly interest rate 1.5% / month vs 2.99% / month	1.5% / month	2.99% / month
Fuel benefit 1% surcharge waiver · ₹400–₹4,000 transactions · ₹400/month waiver cap vs 1% surcharge waiver · ₹400–₹4,000 transactions	1% surcharge waiver · ₹400–₹4,000 transactions · ₹400/month waiver cap	1% surcharge waiver · ₹400–₹4,000 transactions
Rewards
Points per ₹100 7.5 EDGE Reward Points / ₹100 vs 3 pts / ₹100	7.5 EDGE Reward Points / ₹100	3 pts / ₹100
Conservative base value ~1.5% vs Not safely INR-comparable	~1.5%	Not safely INR-comparable
Earn ceiling 6,000 EDGE Reward Points per month; at 7.5 EDGE Reward Points / ₹100, this lane reaches the cap at ₹80,000 of eligible spend vs 18,000 points per month — shared across Hsbc Travel With Points Cars, Hsbc Travel With Points Flights & Hsbc Travel With Points Hotels	6,000 EDGE Reward Points per month; at 7.5 EDGE Reward Points / ₹100, this lane reaches the cap at ₹80,000 of eligible spend	18,000 points per month — shared across Hsbc Travel With Points Cars, Hsbc Travel With Points Flights & Hsbc Travel With Points Hotels

Notes

Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.

Axis Bank Burgundy Private

Verify with issuer

HSBC India Premier

Verify with issuer