American Express Platinum Business Card vs HSBC Premier Credit Card
Side-by-side comparison for UK businesses
| Feature | American Express Platinum Business Card | HSBC Premier Credit Card |
|---|---|---|
| Annual fee | £595 | £0 |
| Monthly fee | None | None |
| Welcome bonus | 40,000 Membership Rewards points | 20,000 reward points |
| Earn rate (default) | 1x | 1.5x |
| Rewards currency | membership rewards | HSBC Rewards |
| Card type | business | personal |
Data last verified March 2026. Check issuer websites for the latest terms.
American Express Platinum Business Card
Premium business card for heavy spenders and frequent travellers. Unlimited lounge access and top-tier travel insurance justify the fee if your spend is high enough.
Annual cost
£595
Earn rate
1x
Welcome bonus
40,000 Membership Rewards points
Best for
Premium travelAirport lounges
Key benefits
- • Unlimited airport lounge access (Priority Pass)
- • Comprehensive travel insurance
- • No foreign transaction fees
- • £200 Dell credit annually
HSBC Premier Credit Card
Free companion to the World Elite — same airline transfer partners but half the earn rate and pay-per-visit lounges. Good for HSBC Premier customers who don't want to pay £290/year but still want to collect transferable miles.
Annual cost
Free
Earn rate
1.5x
Welcome bonus
20,000 reward points
Best for
No fee milesHSBC customers
Key benefits
- • No annual fee
- • 1.5 points per £1 sterling, 2 points per £1 non-sterling
- • Priority Pass lounge access (£24 per visit)
- • Transfer to BA, Emirates, Etihad, Qatar Airways, Air India