Nov 29, 2013, 8:45 pm
Last edit by: sxc
This 2014 and prior thread is now closed. Please continue discussion here: Best Credit card conversion rate to Asiamiles (HK) - 2015
Best credit card conversion rate to Asiamiles (HK) - 2014 and prior
Aug 14, 2014, 8:21 pm
#2101
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,740
Slightly relevant article in the SCMP today:
Keep track of your phone contracts or risk paying more: Consumer Council
The relevant bit being:
"Meanwhile, a survey by the watchdog on 16 credit card issuers also prompted a warning to consumers over misleading air miles programmes.
Some of the miles offered in the programmes were not free as additional administration and annual charges occurred during redemption.
"In fact, the cost of redeeming air tickets with credit card bonus points is not cheap," Leung said."
Keep track of your phone contracts or risk paying more: Consumer Council
The relevant bit being:
"Meanwhile, a survey by the watchdog on 16 credit card issuers also prompted a warning to consumers over misleading air miles programmes.
Some of the miles offered in the programmes were not free as additional administration and annual charges occurred during redemption.
"In fact, the cost of redeeming air tickets with credit card bonus points is not cheap," Leung said."
My reaction to the person who forwarded me this: "Oh god. Worst consumer action since accc in Australia sued Visa to offer more DCC"
This will be more fodder for the no-fee Citibank Premiermiles Hongkie/Kiasu crowd. Let them rot.
Last edited by percysmith; Aug 14, 2014 at 9:41 pm
Aug 16, 2014, 6:44 pm
#2102
Join Date: Dec 2006
Location: LHR
Programs: BA Silver/ows, CX AsiaMiles (not even GR anymore!) missing my GO days
Posts: 1,581
Hi percysmith, two questions:
Where do you see 18 Avios/RC? I only see the normal 15 rate where I've looked on the website. Is there a promo somewhere I've missed? (I've got a HK Premier MC.)
Are you sure the HSBC 6X works for banquets? My read of the T&Cs seems to exclude this, even at a non-hotel restaurant:
7. Only dining outlets in Hong Kong classified as restaurants or dining merchants according to the merchant codes issued by VISA International, MasterCard Asia/Pacific (Hong Kong) Limited and China UnionPay are included. Transactions made in respect of banquet services, private functions, private room events, dining outlets in hotels, department stores, associations and clubhouses, and the food and beverage services provided by a designated merchant of other spending categories will not be counted as an eligible transaction.
Aug 16, 2014, 7:55 pm
#2103
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,740
https://www.redhotoffers.hsbc.com.hk...erchant-offer/
Are you sure the HSBC 6X works for banquets? My read of the T&Cs seems to exclude this, even at a non-hotel restaurant:
Aug 25, 2014, 12:24 am
#2104
Join Date: Mar 2013
Posts: 120
I fax the asia miles redemption form to Fubon Bank last Wednesday, and I still haven't received my miles. According to this page, it says it takes 2 days to complete the transfer. I called CS and they said they got the form. It seems like I really have to wait for a long time for the transfer :-(
Aug 25, 2014, 1:00 am
#2105
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,740
I fax the asia miles redemption form to Fubon Bank last Wednesday, and I still haven't received my miles. According to this page, it says it takes 2 days to complete the transfer. I called CS and they said they got the form. It seems like I really have to wait for a long time for the transfer :-(
Aug 25, 2014, 9:41 am
#2106
Join Date: Nov 2012
Programs: SPG Platinum
Posts: 1,683
Is there really no better option than $6 = 1 point for Octopus AAVS?
I'm about to start a job in HK so am looking for the best options to sign up for CC sign up bonus points and ongoing earn. Is there any Wiki type summary of currently available promos?
I'm about to start a job in HK so am looking for the best options to sign up for CC sign up bonus points and ongoing earn. Is there any Wiki type summary of currently available promos?
Aug 25, 2014, 7:25 pm
#2108
Join Date: Feb 2009
Location: HKG
Programs: MPC, Marriott, Hyatt
Posts: 406
Percysmith, how are you managing to do the debit every Thursday? I was poking around the website - 1) can't remember if I filled out the mileage programme form yet (will have to call and check), and 2) only found the paper form to fill out for BA Avios (although with the recent news from View from the Wing regarding the possible Avios deval, dunno if I want to dump my RC into Avios now).
Aug 25, 2014, 7:52 pm
#2109
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,740
Percysmith, how are you managing to do the debit every Thursday? I was poking around the website - 1) can't remember if I filled out the mileage programme form yet (will have to call and check), and 2) only found the paper form to fill out for BA Avios (although with the recent news from View from the Wing regarding the possible Avios deval, dunno if I want to dump my RC into Avios now).
Yes I used the paper form. Or you have to call up Premier.
Aug 26, 2014, 2:43 am
#2110
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,740
I also read this http://www.dansdeals.com/archives/50288 - seems like the View from the Wing post has been rebutted.
Aug 26, 2014, 4:50 am
#2111
Join Date: Feb 2009
Location: HKG
Programs: MPC, Marriott, Hyatt
Posts: 406
I assume you mean this http://viewfromthewing.boardingarea....s-award-rates/
I also read this http://www.dansdeals.com/archives/50288 - seems like the View from the Wing post has been rebutted.
I also read this http://www.dansdeals.com/archives/50288 - seems like the View from the Wing post has been rebutted.
Sep 1, 2014, 5:53 am
#2112
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,740
HSBC 2 Sep-19 Oct - 1K RC --> 15K miles for 20K spend
https://www.redhotoffers.hsbc.com.hk.../sep-off-peak/
Same earn rate as that 6X offer from that other Shanghai bank!
Very timely too for Hong Kong's primary production industry...
P.S. some cardholders also got an Exclusive Spending Rewards offer of 8X extra RewardCash in addition to the above.
http://www.hongkongcard.com/webedito...3654_74810.jpg
http://www.hongkongcard.com/webedito...3703_35233.jpg
http://www.hongkongcard.com/webedito...3714_33796.jpg
http://www.hongkongcard.com/webedito...3727_58585.jpg
f you are selected, you will be told after you key in your card number with 8228 2068 for the original 1K RC for $20K spending promo. You will receive an additional registration number 20100xxxx along with normal Red Hot Spending Rewards registratio nnumber 10100xxxx.
Same earn rate as that 6X offer from that other Shanghai bank!
Very timely too for Hong Kong's primary production industry...
P.S. some cardholders also got an Exclusive Spending Rewards offer of 8X extra RewardCash in addition to the above.
http://www.hongkongcard.com/webedito...3654_74810.jpg
http://www.hongkongcard.com/webedito...3703_35233.jpg
http://www.hongkongcard.com/webedito...3714_33796.jpg
http://www.hongkongcard.com/webedito...3727_58585.jpg
f you are selected, you will be told after you key in your card number with 8228 2068 for the original 1K RC for $20K spending promo. You will receive an additional registration number 20100xxxx along with normal Red Hot Spending Rewards registratio nnumber 10100xxxx.
Last edited by percysmith; Sep 1, 2014 at 12:44 pm
Sep 2, 2014, 12:18 am
#2113
Join Date: Jun 2004
Location: Hong Kong
Programs: CX MPC
Posts: 592
https://www.redhotoffers.hsbc.com.hk.../sep-off-peak/
Same earn rate as that 6X offer from that other Shanghai bank!
Same earn rate as that 6X offer from that other Shanghai bank!
Presumably HSBC is better if you can hit the $10,000 or $20,000 thresholds? On the other hand, need to consider that doesn't cover transactions under $500 and (if you use CCB Eye) the 939 promo is stackable with 5X online/paywave and travel transactions bonuses
Sep 2, 2014, 12:49 am
#2114
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,740
Many thanks for posting, percysmith. Just trying to figure which way I should direct my spending this mornth. How does the maths on this HSBC promo compare with the September phase of the CCB 939 promo? (My target is $4,500 on CCB 939)
Presumably HSBC is better if you can hit the $10,000 or $20,000 thresholds? On the other hand, need to consider that doesn't cover transactions under $500 and (if you use CCB Eye) the 939 promo is stackable with 5X online/paywave and travel transactions bonuses
Presumably HSBC is better if you can hit the $10,000 or $20,000 thresholds? On the other hand, need to consider that doesn't cover transactions under $500 and (if you use CCB Eye) the 939 promo is stackable with 5X online/paywave and travel transactions bonuses
But quick recap:
939 to 12,400: $2.12/mile
HSBC to 6K (no 6X): $3.22/mile
HSBC to 10K (no 6X): $1.51/mile
HSBC to 20K (no 6X): $1.23/mile
If I don't have any big spending or manufactured spending then CCB is defintely the easier "lifestyle" card. But I will definitely manufacture.
Sep 2, 2014, 1:08 am
#2115
Join Date: Jun 2004
Location: Hong Kong
Programs: CX MPC
Posts: 592
Thanks, as always, percysmith. Will mull that over. Of course, another consideration is that HSBC allows you to choose Avois instead, which I know you value more highly (and I'm beginning to understand why)
