Go Back  FlyerTalk Forums > Miles&Points > Airlines and Mileage Programs > Cathay Pacific | Cathay
Reload this Page >

Best credit card conversion rate to Asiamiles (HK) - 2014 and prior

Old Nov 29, 2013, 8:45 pm
FlyerTalk Forums Expert How-Tos and Guides
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
Print Wikipost

Best credit card conversion rate to Asiamiles (HK) - 2014 and prior

Old Jan 12, 2012, 11:54 pm
  #1  
Suspended
Original Poster
 
Join Date: May 2006
Location: HKG
Programs: A3, TK *G; JL JGC; SPG,Hilton Gold
Posts: 9,952
Best credit card conversion rate to Asiamiles (HK) - 2014 and prior

Thanks to percysmith for the wiki post and welcome offers and I shall keep them updated - for time required to transfer miles from banks, please see here.
On-going offers

Please refer to above wiki post.

HK miles/hotel points earning ability
OT really, but for completeness to sum up credit card deals wrt miles/hotels in Hong Kong, I thought of qualitatively summarise what miles opportunity each bank offers in HK (or cards, if applicable)

AMEX: CX, BA, CI, MH, AY, VS, SQ, TG, Hilton, Sirius, SPG
BOC: CA, MU, CZ, CX
Bank of Communications: CX, CA, MU, CZ
Bank of East Asia (HKBEA): CX
China Construction Bank (CCB): CX
Citibank: CX, SQ, TG, DL, BA, MH, BR, EY, GI, Priority Club, Hilton
Dah Sing Bank: UA, NH, BA
DBS: CX, CA, MU
Fubon: CX
HSBC: CX, SQ & BA(Premier only)
HSB: JL
ICBC: CA, HX, UO, HU, CZ
Shanghai Commercial Bank: CX
Standard Chartered: CX, SQ
Wing Lung Bank: CX

Last edited by kaka; Feb 13, 2014 at 6:04 pm
kaka is offline  
Old Jan 12, 2012, 11:54 pm
  #2  
Suspended
Original Poster
 
Join Date: May 2006
Location: HKG
Programs: A3, TK *G; JL JGC; SPG,Hilton Gold
Posts: 9,952
Welcome Offers

Originally Posted by percysmith
http://www.flyertalk.com/forum/17805055-post2.html

Please clunk the following:

1. Fubon: 5,000 miles for $2,800 spending ($0.56/mile)
http://www.fubonbank.com.hk/web/html...lcome00_e.html

2. HSBC Plat/Gold Visa [to 8 Aug]: 12,000 miles for $10,000 spending (0.83/mile) + extra $2.08/mile up to $25,000 for first three months

3. Citi Rewards: 15,000 miles (180,000 pts) for $15,000 spending ($1/mile)
[3url]http://www.citibank.com.hk/global_docs/credit_cards/tnc/en/tandc-master.html#1[/url]

4. CX Elite Amex: 5,000 miles for $5,000 spending ($1/mile) + $5/mile for up to $200,000 for first three months on any local merchant + $3/mile for up to $90,000 for first three months on any overseas merchant
http://www.americanexpress.com/hk/en.../elite/offers/

5. SCB AMEX: 3,000 miles for $5,000 spending ($1.67/mile) + $4/mile for up to $32,000 https://www.sc.com/hk/credit-cards/worldmiles.html

6. CCB TI/Plat VI/MC: 3,000 miles for $5,000 spending ($1.67/mile)
http://www.asia.ccb.com/hongkong/per...edit_card.html

7. Citibank Prestige: 30,000 miles for $2,500 fee plus 10,000 miles for $10,000 spending ($2/mile)
http://www.citibank.com.hk/global_do...-master.html#1

8. DBS Black: 2,000 miles for $15,000 spending ($7.5/mile) + $4/mile for up to $120K for first two months ("32,000 miles")
http://www.dbs.com.hk/en/consumer/cr...elcome_tnc.htm

I'll add to this list if I can think of any offers (and update this post when offers change).
In 2011, Amex did a really good deal on their Plat Cred - 800,000 MR points (53,333 miles) for $53,333 spending on any Amex merchant. One of my colleagues met the welcome offer requirments basically on one card slip (his wedding deposit) and basically earned for his honeymoon ticket to Australia. But their current welcome offer is limited to certain "everyday" merchants like Park'N'Shop, Wellcome, Mannings etc so it's perfectly useless for spending on big ticket items.
http://www.hongkongcard.com/bank_wel...ow.php?id=0415

I also suggest using Diamond Dual Currency Unionpay for home spending after the welcome offers are exhausted cos $4/mile. But, I realise a lot of furnishing places take Visa only, I don't have any spending offers for them at present.

past offers:
(until 31 Oct 12) HSBC: 300RC for new cards from existing member spending $3,500 ($0.78/mile)
400RC for new cards from existing member spending $4,000 ($0.67/mile)
(convertable to AM with $300 annual redemption fee)
https://www.hsbc.com.hk/1/PA_esf-ca-...m214_tnc_e.pdf

Bankcomm Diamond Unionpay: 6,000 miles for $3,000 spending ($0.5/mile)
http://www.asiamiles.com/am/en/earn/...0007d21c39RCRD

CCB Dual Currency: 3,000 miles for $4,800 spending ($1.6/mile)
http://www.asia.ccb.com/hongkong/per...edit_card.html

ICBC HK Airlines: HKG-PEK tix for $64K Visa spending or HKG-SIN for $81K spending ($2.13 - 2.7/mile)
http://www.icbcasia.com/big5/etool/f...HKAirlines.pdf (Singapore --> Phuket and Singapore)
http://www.hongkongcard.com/forum/fo...ow.php?id=5337

WLB Dual Currency Unionpay: 5,000 miles for $3,000 spending ($0.6/mile) + $4/mile to $60,000
http://www.winglungbank.com/wlb_corp...rWelgftTc.html
http://www.winglungbank.com/wlb_corp...elGiftTnC.html

Bankcomm Platinum Visa: 5,000 miles for $3,000 spending ($0.6/mile)
http://www.bankcomm.com.hk/mediafile...latinum_en.pdf

Standard Chartered Platinum $3/mile for first $25,000 spending in first three months, and $500 coupon for spending $4,800 (inclusive of $3/mile) in first two months
http://www.flyertalk.com/forum/18527409-post250.html
http://www.standardchartered.com.hk/...lcome-gift/en/

Last edited by kaka; May 14, 2014 at 12:22 am Reason: updated: 14/05/2014
kaka is offline  
Old Jan 13, 2012, 3:13 am
  #3  
 
Join Date: Sep 2011
Location: HKG/YVR/LAX
Programs: MPC GR, GC Jade, OZ DM, MVP GO, AA EXP, TK Elite, HH Diamond, Marriot Titanium, Hyatt Globalist
Posts: 235
Originally Posted by kaka
(updated 3 January 2012)

1. Bankcomm Diamond Unionpay: 6,000 miles for $3,000 spending ($0.5/mile)
http://www.asiamiles.com/am/en/earn/...0007d21c39RCRD

2. WLB: 5,000 miles for $2,800 spending (either Platinum Visa/MC or Dual Currency Unionpay) ($0.56/mile) + $4/mile to $60,000 (Dual Currency Unionpay)
http://www.winglungbank.com/wlb_corp...rWelgftTc.html
http://www.winglungbank.com/wlb_corp...elGiftTnC.html

3. Fubon: 5,000 miles for $2,800 spending ($0.56/mile)
http://www.fubonbank.com.hk/web/html...lcome00_e.html

4. (Alternative to (1)) Bankcomm Platinum Visa: 5,000 miles for $3,000 spending ($0.6/mile)
http://www.fubonbank.com.hk/web/html...lcome00_e.html

5. CX Elite Amex: 8,000 miles for $8,000 spending ($1/mile) + $4/mile for up to $160K for first three months on Everyday C9 Merchants (useless, see below)
http://www.americanexpress.com/hk/en.../elite/offers/

6. BEA: 3,500 miles for $4,000 spending ($1.14/mile) plus $4/mile on overseas spending to 3,000 miles ("6,500 miles")
http://www.hkbea.com/hk/pb/cc/latest...on_3/index.htm

7. CCB Dual Currency: 10,000 miles for $20,000 spending ($2/mile)
http://www.asia.ccb.com/hongkong/pro...miles/tnc.html

8. (to 31 Mar 11) ICBC HK Airlines: HKG-PEK tix for $64K Visa spending or HKG-SIN for $81K spending ($2.13 - 2.7/mile)
http://www.icbcasia.com/big5/etool/f...HKAirlines.pdf (Singapore --> Phuket and Singapore)
http://www.hongkongcard.com/forum/fo...ow.php?id=5337

9. DBS Black: 2,000 miles for $20,000 spending ($10/mile) + $4/mile for up to $60K for first two months ("17,000 miles")
http://www.hongkongcard.com/forum/fo...hp?id=5874&p=1
**note fixed up the links, ones from before didn't open. **

Finally I can apply for my CX Elite Amex and BEA with some good offer! no more foreign transaction charges on my current CDN credit cards!

Last edited by iscor3; Jan 13, 2012 at 3:23 am
iscor3 is offline  
Old Jan 13, 2012, 3:31 am
  #4  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,671
Credit card points to Asia Miles transfer times

Originally Posted by ChrisLi
As I remember it was me... so the recent numbers from my account are

Citibank Premier Miles : The following Friday
CX Amex : I stopped using it so dunno
SCB : One week from my last Dec transaction
DBS : I did not transferred any within the period so dunno either, previous experience is 3 - 7 days
I did a sxxtload of transfers from my credit cards to my Asia Miles accounts so I have a great load of data to work with:

(note the request date is the date the request was keyed into bank website/faxed - the MPO Activity Date is ignored)

(update 11 Nov 11) DBS: Black Bazaar redemptions - online submission 21 Oct, credited 11 Nov (21 calendar days, 15 working days)
Fax request:Dunno how long
(update 25 Nov 13) BEA: phone keyed in Mon 18 Nov, activity date Mon 18 Nov, credited Fri 22 Nov (4 calendar days)
(update 8 May 13) Wing Lung: faxed Wed 24 Apr, credited Wed 1 May (7 calendar days)
(update 21 Jun 12) Citi: My Way auto transfer Fri 14 May, credited Fri 21 May (7 calendar days)
Phone request : same day (Thu 21 Jun)
CX Amex Elite: auto transfer Thu 20 May, credited Sat 22 May (2 calendar days)
(update 13 Oct 14) Bankcomm: faxed Fri 3 Oct, activity date Fri 3 Oct, credited Mon 6 Oct (4 calendar days, 2 working days)
(update 29 May 11) BoCHK: faxed Mon 24 May, credited Sat 29 May (5 calendar days)
(update 16 Feb 11) Fubon: faxed Mon 14 Feb, credited Wed 16 Feb (2 calendar days)
(update 25 Nov 13) SCB: online submitted Mon 18 Nov, activity date Mon 18 Nov, credited Mon 25 Nov (7 calendar days)
(update 12 Jul 11) Amex: online submitted Tue 5 Jul (ignored), follow up call Sat 9 Jul, credited Tue 12 Jul (3 calendar days) (but this is for Virgin Flying Club)
(update 26 Jun 12) Amex: phone request Tue 26 Jun 12, credited Fri 29 Jun 12 (3 calendar days)
(Asia Miles) phone request Tue 26 Jun, credited Fri 29 Jun (also 3 calendar days)
(update 25 Nov 13) HSBC: enrolment applied Fri 15 Nov, enrolment successful Sat 16 Nov (next day)
[minor mistake with the first transfer]
Subsequent transfer: online submitted Fri 22 Nov, activity date Fri 22 Nov, credited Mon 25 Nov (every Monday)
(updated 13 Oct 14) CCB: faxed Fri 3 Oct, activity date Fri 3 Oct, credited Mon 6 Oct (4 calendar days, 2 working days)
(update 22 Dec 12) Shacom: faxed Fri 14 Dec, credited Sat 22 Dec (8 calendar days)
(update 29 Dec 12) Shacom: faxed Fri 28 Dec, marked "please process today if possible", credited Sat 29 Dec (1 calendar day)

Last edited by percysmith; Oct 12, 2014 at 10:49 pm
percysmith is offline  
Old Jan 14, 2012, 5:27 am
  #5  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,671
Can we have the old thread http://www.flyertalk.com/forum/catha...l#post17803891 blocked from further posting?

Last edited by percysmith; Jul 17, 2012 at 1:53 am
percysmith is offline  
Old Jan 14, 2012, 9:01 am
  #6  
 
Join Date: Nov 2008
Programs: SQ QPP1, HYATT DIA, SPG GOLD, HH GOLD, IHG GOLD
Posts: 656
I pass the CCB card for tax thingy as it's too much of a hassle. At the end, I settled all my tax using ShaComm. Although it's not a great offer but hey, I am now earning some miles...better than before for sure.

On a side note, I just received the HSBC CUP Card e-Welcome Pack through email today despite only sending in my application form just 4 days ago on Tuesday ^ Not bad...so I can use it over the CNY Holiday!
MilesBuzz is offline  
Old Jan 15, 2012, 3:57 am
  #7  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,671
Citi Rewards 200,000pts (13,333 miles) welcome gift

Although dated 1 Jan, we believe it must have been updated on 7 Jan or later:

http://www.citibank.com.hk/global_do...dc-master.html
http://www.hongkongcard.com/forum/fo...ow.php?id=6441

Need to spend 12K for the welcome offer. Since it's not Premiermiles, need to pay $50 conversion fee per 5,000 miles.

For those who already have Citibank card e.g. Premiermiles, wait til you get targeted offer before applying (targeted offer for existing cardholders allow existing cardholders to earn welcome offer again).

Last edited by percysmith; Jul 17, 2012 at 1:52 am
percysmith is offline  
Old Jan 15, 2012, 4:02 am
  #8  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,671
Premiermiles 9,000 miles welcome offer reinstated

http://www.citibank.com.hk/global_do...dc-master.html

Citibank PremierMiles Visa Card

Up to 9,000 Miles (108,000 Points)
Enroll e-Statement Delivery Service AND; Accumulative spending of HK$12,000 or above within the first 2 months from the date of card issuance.


But this time,
Online application does not entitle you to 500 miles
Neither does e-statement enrolment entitle you to another 500 miles (became part of the 9,000 miles rather than additional award).
percysmith is offline  
Old Jan 15, 2012, 5:40 am
  #9  
 
Join Date: Nov 2008
Programs: SQ QPP1, HYATT DIA, SPG GOLD, HH GOLD, IHG GOLD
Posts: 656
The cards that I used now:
I. Overseas Spending
i. SCB AE - I find this the most attractive card to use while overseas, the conversion rate is even lower than HSBC! ($2.5/mile)

ii. HSBC Plat Visa - I opt for the 5x Bonus Rewards Cash Promo (up to Aug 2012). Will only use this ONLY IF AE is not allowed. ($2.78/mile)

Some examples during my trip to NZL on Dec 2011:
Transaction on same date (17 Dec 2011)
SCB AE - NZD 64 = HKD 384.13 (rate = 6.002)
HSBC Plat Visa - NZD 78 = HKD 472.43 (rate = 6.057!!)

iii. Citibank Premiermiles or DBS Black - not used at the moment ($4/mile), esp with the HSBC promo. Will be used again perhaps once the HSBC Promo expires?

II. Designated travel agents - SCB AE ($2.5/mile)

III. Dining - Shacom Plat Visa ($6/mile)

IV. Other retail spending
i. DBS Black ($6/mile)
ii. BankComm Diamond CUP (for transaction >$300, $6/mile)
ii. Citibank Premiermiles (if AE is not allowed, $8/mile)

V. Bill payments - Shacom Plat Visa ($8/mile)

VI. Octopus AAVS - Bankcomm Diamond Dual Currency Card (for recharge of $500, $6/mile)

Last edited by MilesBuzz; Jan 15, 2012 at 9:29 pm
MilesBuzz is offline  
Old Jan 15, 2012, 5:46 am
  #10  
 
Join Date: Nov 2008
Programs: SQ QPP1, HYATT DIA, SPG GOLD, HH GOLD, IHG GOLD
Posts: 656
Originally Posted by kaka
I also suggest using Diamond Dual Currency Unionpay for home spending after the welcome offers are exhausted cos $4/mile. But, I realise a lot of furnishing places take Visa only, I don't have any spending offers for them at present.
The conversion rate for BankComm Diamond CUP should be $6/mile wef 1 Jan 2012 onwards. Effectively the same rate as DBS Black. But there are some places in which Black Card is not accepted, whereas CUP is.
MilesBuzz is offline  
Old Jan 15, 2012, 6:39 pm
  #11  
Suspended
Original Poster
 
Join Date: May 2006
Location: HKG
Programs: A3, TK *G; JL JGC; SPG,Hilton Gold
Posts: 9,952
Originally Posted by MilesBuzz
The conversion rate for BankComm Diamond CUP should be $6/mile wef 1 Jan 2012 onwards. Effectively the same rate as DBS Black. But there are some places in which Black Card is not accepted, whereas CUP is.
sorry- i must have meant winglung diamond CUP... $4/mile till october
kaka is offline  
Old Jan 15, 2012, 8:23 pm
  #12  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,671
HSBC earning miles (via RewardCash) from CCB confirmed

Originally Posted by MilesBuzz
I pass the CCB card for tax thingy as it's too much of a hassle. At the end, I settled all my tax using ShaComm. Although it's not a great offer but hey, I am now earning some miles...better than before for sure.

On a side note, I just received the HSBC CUP Card e-Welcome Pack through email today despite only sending in my application form just 4 days ago on Tuesday ^ Not bad...so I can use it over the CNY Holiday!
http://www.hongkongcard.com/forum/fo...hp?id=6349&p=5

card analyst回應於2012-01-14 22:12:26
引用:percysmith 2012-01-14 18:53:12
Anyone get RewardCash for settling CCB Dual Currency HKD balance with HSBC?

I got it. It is well 250 HKD for 1 cash dollar.
percysmith is offline  
Old Jan 17, 2012, 6:58 am
  #13  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,671
Remember to log in and cut e-statement for HSBC Unionpay if you still want hard copy

HSBC enrolled us into e-statements by default and without asking. We have to print out statements at our own cost. It costs us nothing to receive hard copy credit card statements from them.
percysmith is offline  
Old Jan 17, 2012, 8:52 am
  #14  
 
Join Date: Jan 2011
Location: HKG/YVR
Programs: MPO, Aeroplan, SPG
Posts: 183
Would anyone know how many asia miles you can get witih 1 $DBS point with the black card?

I know its $6/1AM but I don't remember the new DBS point system.

Thanks!
BryanL is offline  
Old Jan 17, 2012, 10:00 am
  #15  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,671
Originally Posted by Dasanii
Would anyone know how many asia miles you can get witih 1 $DBS point with the black card?

I know its $6/1AM but I don't remember the new DBS point system.

Thanks!

DBS$48 from Black Card (or is it DB$48) = 1,000 miles
$250 black spending = DBS$2


If not Black, DBS$60 per 1,000 miles and $250 spending = DBS$1
percysmith is offline  

Thread Tools
Search this Thread

Contact Us - Manage Preferences - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.