HSBC Premier CC Criteria

[yoloof]

Does everyone who holds an HSBC premier bank account qualify for the premier CC? Or there's a hidden salary/income criteria?

I can get HSBC premier bank account via the demat criteria but don't meet the salary requirement for the bank account. Will that also disqualify me for the CC as well?

 

[Kabir_1112]

It’s difficult to move to their demat, for selling you need to again transfer back to your original account. Indirect cost of premier

Yes for sure it's a task, better is mutual fund or long term stocks that you won't sell for next 10 years (maybe) 😉😉

 

[theXfactor]

Yes for sure it's a task, better is mutual fund or long term stocks that you won't sell for next 10 years (maybe) 😉😉

U never know…10 yrs is a long time. Holding stocks for 10 yrs is a big deal atleast for me. Regular MFs via any bank isn’t a good idea. If your horizon is 10 yrs and say you do an SIP of 25k/m and with an expense ratio diff of 1.25%, it would translate into >4L cost to you at the end of 10 yr.

Keeping 50L in savings or FD with meagre interest is not a great value preposition either.
Best is salary route. Baaki dil to manane wali baate hain