American Express Platinum Business Card vs HSBC Premier World Elite Mastercard
Side-by-side comparison for UK businesses
| Feature | American Express Platinum Business Card | HSBC Premier World Elite Mastercard |
|---|---|---|
| Annual fee | £595 | £290 |
| Monthly fee | None | None |
| Welcome bonus | 40,000 Membership Rewards points | 60,000 reward points |
| Earn rate (default) | 1x | 3x |
| 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 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.
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