Query regarding HSBC premier cc

[Saad]

Hi all,
I'm thinking of opening a HSBC premier account. However I have about 6 cibil hits in my report till now, they will get cleared by January (6 months period).

I wanted to apply for this premier credit card since they are giving 20k points until December 31st.

I wanted to ask the people who had applied for premier cc recently. if while applying for the premier credit card, was there a cibil check?

 

[hellowo₹ld]

CIBIL check will be there, and tbh 6 hits not much concern if you have >3Y CIBIL history. Premier itself provide that card to you, further co-ordinate with your RM to process it. Again, ur providing ur value to bank as premier account, so don't worry about others, you're eligible to get that card.

 

[aayusharyan]

Is Premier worth it?

 

[Saad]

CIBIL check will be there, and tbh 6 hits not much concern if you have >3Y CIBIL history. Premier itself provide that card to you, further co-ordinate with your RM to process it. Again, ur providing ur value to bank as premier account, so don't worry about others, you're eligible to get that card.

Okay thanks 🙏

 

[Saad]

Is Premier worth it?

For first' year, yes. 20k accor points now

 

[hellowo₹ld]

Is Premier worth it?

if u prefer airmiles and able to utilize their accelarated platform for flights or hotels.

For cashback, on paper not worth it unless one talked about actual value of 1 accor point and value of 1rs.

 

[mail_amity]

How soon will we receive the 20,000 points after the first transaction? I got my card today and want to cash out the 50% bonus.

 

[Saad]

You too got a cibil enquiry when applying for premier cc?

How soon will we receive the 20,000 points after the first transaction? I got my card today and want to cash out the 50% bonus.

 

[Saad]

How soon will we receive the 20,000 points after the first transaction? I got my card today and want to cash out the 50% bonus.

I think maybe within 30 days of the first transaction. I think you won't be able to cash the 50% bonus, they might credit the points late

 

[Saad]

if u prefer airmiles and able to utilize their accelarated platform for flights or hotels.

For cashback, on paper not worth it unless one talked about actual value of 1 accor point and value of 1rs.

I heard that the rates there are pretty much inflated, so technically you end up paying much higher (best rate guarantee is max 1500 rupees as travel credits right?)

 

[mail_amity]

You too got a cibil enquiry when applying for premier cc?

yes, I did.

 

[nikhilesh71]

Is Premier worth it?

Is there any other CC with no exclusions & gives 6% accor value?

 

[mail_amity]

I think maybe within 30 days of the first transaction. I think you won't be able to cash the 50% bonus, they might credit the points late

shoot....

thanks for the update. My RM said it might take couple of days, and I was countingon him. Dagabaaz nikla..

 

[Saad]

shoot....

thanks for the update. My RM said it might take couple of days, and I was countingon him. Dagabaaz nikla..

Yes, it's standard accross all banks afaik.
Eg: for axis as well, upon first transaction, the welcome benifits were credited like after 3 weeks.

 

[Saad]

yes, I did.

Ok thanks for the confirmation. How many cibil enquiries were there on your account previously? (In last 6 months)?

 

[mail_amity]

Ok thanks for the confirmation. How many cibil enquiries were there on your account previously? (In last 6 months)?

Dunno man.. maybe 10

 

[Saad]

Dunno man.. maybe 10

Dayumm. Still approved. Cool.
I'll apply for it too then.

 

[krsambhav]

shoot....

thanks for the update. My RM said it might take couple of days, and I was countingon him. Dagabaaz nikla..

it took around 2 days after 1st txn, but yeah i don't think you would be able to get 50% accor bonus on time

 

[Saad]

it took around 2 days after 1st txn, but yeah i don't think you would be able to get 50% accor bonus on time

But I think they will roll this offer again next year, and you can transfer more points cumulative next year

 

[abhiaj_geek]

Hey can

shoot....

thanks for the update. My RM said it might take couple of days, and I was countingon him. Dagabaaz nikla..

Hey can I dm for the rm? My hsbc rm is not responding