American Express Basic Business Card vs HSBC Premier World Elite Mastercard

Side-by-side comparison for UK businesses

FeatureAmerican Express Basic Business CardHSBC Premier World Elite Mastercard
Annual fee£0£290
Monthly feeNoneNone
Welcome bonusNone60,000 reward points
Earn rate (default)1x3x
Rewards currencymembership rewardsHSBC Rewards
Card typebusinesspersonal

Data last verified March 2026. Check issuer websites for the latest terms.

American Express Basic Business Card

Free Amex card for businesses that want cashflow flexibility and basic rewards without paying an annual fee. Great starting point.

business

Annual cost

Free

Earn rate

1x

Welcome bonus

None

Best for

Low spendCashflow

Key benefits

  • No annual fee
  • 1 Membership Rewards point per £1
  • Expense management tools
  • Connect to accounting software
View on issuer site

HSBC Premier World Elite Mastercard

HSBC's top-tier personal card. 60k welcome bonus, 3pts/£1 earn rate, and unlimited Priority Pass lounge access. £290/year and 2.99% FX fee. Requires HSBC Premier (£100k income or investments). Strong for airline mile collectors.

personal

Annual cost

£290

Earn rate

3x

Welcome bonus

60,000 reward points

Best for

Airline milesAirport lounges

Key benefits

  • Unlimited Priority Pass lounge access (cardholder + additional cardholders)
  • 3 points per £1 sterling, 4 points per £1 non-sterling
  • Transfer to BA, Emirates, Etihad, Qatar Airways, Air India
  • Airport fast track via Mastercard Travel Experiences
View on issuer site