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Best credit card conversion rate to Asiamiles (HK) - 2015

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Old Jan 3, 2015, 1:24 am
FlyerTalk Forums Expert How-Tos and Guides
Last edit by: percysmith
This is a continuation of this previous thread which contains discussion from 2014 and prior: http://www.flyertalk.com/forum/catha...es-hk-164.html

For time required to transfer miles from banks, please see here.
On-going offers

Beginner's recommendation (rates quoted before other short term promotions):
1. BEA Flyer World Master - 1 mile per $5 for local purchases / overseas purchases / Octopus / Bill Payment (Excluding the following categories: Education, Insurance and Tax) (no fee)
2. [From 4 Jan 2016] HSBC Visa Signature for 9X (6X: select one category only below, 1 mile per $4.16 under this promotion, cap at $100,000; plus 3X on all categories, 1 mile per $6.25 cap at $100,000 - total $1 mile per $2.78), and all other seasonal promotions. ($300 fee for a year's worth of redemption) [to 31 Dec 2016]

Credit Cards that are by Invitation Only or Applied in lieu with an Account:

1. WLB Luxe Visa Infinite - 1 mile per $2.4 for overseas airline / travel / hotel / dining; $4/mile on local airline / travel / hotel / dining ($50/5,000 miles min $50 max $500) (Need to be Wing Lung Private Banking customers)
2. BoC Wealth Management Visa Infinite - 1 mile per $15 for local / overseas / octopus AAVS / bill payment, 1 mile per $5 for overseas spending / local dining, 1 mile per $2.5 for overseas spending / local dining if that month's accumulated spending is over $15000 ($50/5,000 miles min $100 max $300) (Need to be BoC Wealth Management (中銀理財) customer)
3. HSBC Premier World Master for 6X (select one category only below, 1 mile per $4.16 from 4 Jan 2016. Under this promotion, cap at $100,000), and all other seasonal promotions. ($300 fee for a year's worth of redemption) [to 31 Dec 2016] (Need to be HSBC Premier customer)
4. BoC Enrich World MC - 1 mile per $15 for local / overseas / octopus AAVS / bill payment, 1 mile per $5 for dining/travel/dept store, 1 mile per $3 for dining/travel/dept store if that month's accumulated spending is over $15000 ($50/5,000 miles min $100 max $300) (Need to be BoC Enrich (智盈理財) customer)
5. HSBC Advance Platinum Visa for 6X (select one category only below, 1 mile per $4.16 from 4 Jan 2016. Under this promotion, cap at $100,000), and all other seasonal promotions. ($300 fee for a year's worth of redemption) [to 31 Dec 2016] (Need to be HSBC Advance customer)
5. Citibank Ultima card - 1 mile per $4 for local / overseas / octopus (no fee) (Need to be Citigold Private Client customer AND by Invitation only)
6. SCB Priority Banking Visa Infinite - $7.5 per mile for local spending ($15 per mile for Insurance Spending (NOT BILL PAYMENT)) and Octopus, $5 per mile overseas spending ($300 flat redemption fee) (Need to be SCB Priority Banking customer) Note 2
7. BEA Supreme Gold World Master - 1 mile per $5 for local /overseas / Octopus / Bill Payment (Excluding the following categories: Education, Insurance and Tax) (no fee) (Need to be BEA Supreme Gold (顯卓理財) customer) Note 3
8. Shacom World Master - 1 mile per $8 local purchases / overseas / octopus ($10 per 1,000AM min $100 max $500) (Need to be Shacom SMART Banking (慧通理財) customer)
9. CCB HK Visa Infinite - 1 mile per $8 spent for Local Spending / Overseas Spending / Octopus / Bill payment ($50 per 5,000 miles AM min $100) (Need to be CCB Premier Banking (貴賓理財) / Premier Select (貴賓晉裕) customer)

Full list:

I. Overseas
** ++ 1. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature) / $4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent (select Overseas Spending category ONLY) / $6.25 (HSBC Visa Signature) spent (DO NOT select Overseas Spending category) ($300 fee for a year's worth of redemptions)
2. [to 30 April 16] (if online) DBS Eminent - 1 mile per $15 + 6% spending credit rebate (Minimum any spending (online spending inclusive) $5,000 per month, maximum rabate $300 (i.e.online spending $5,000) per month) (no fee) - *registration required*
3. [to 31 Dec 16] (if ONLINE / PAYWAVE) CCB HK eye Card - 1 mile / $2.14 (inclusive of 5X online bonus, cap at $75000 per calender year and (2X extra overseas bonus, cap at $75000 per membership year ) ($50 per 5,000 miles AM min $100)
^ 4. [to 29 Feb 16] Fubon Platinum / Titanium - 1 mile / $3 spent ($50/5,000AM min $250 max $500) (plus 167 Sure win miles if txn amt >$600)
Note: 1 mile per $0.6 for TWD spendings in Taiwan (max $10,000/year), and 1 mile per $1.5 for KRW and JPY spendings in Korea and Japan (Seperate registration needed, max $20,000/month, two months per calendar year max)
** ++ ^ 5. Citibank Prestige / Premiermiles - 1 mile per $4 spent (no fee)
^ 6. DBS Black World Master / Amex - 1 mile per $4 spent overseas (no fee)
** ++ 7. Amex CX Elite - 1 mile per $4 spent (automatic conversion)
^ 8. BEA Flyer World Master / Supreme Gold World Master - 1 mile per $5 (no fee)
9. CCB HK Platinum Visa / Platinum Master - 1 mile per $5 ($50 per 5,000 miles AM min $100)
** 10. [from 2 May 14] SCB Priority Banking Visa Infinite - 1 mile per $5 spent ($300 flat fee redemption)

^: DO NOT Award points for DCC Transactions

II. Supermarket, dept store, Telecommunications bills on autopay:
** ++1A . [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature)/$4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select Home Spending category ONLY) ($300 fee for a year's worth of redemptions)
** ++1B. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature)/$4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select Lifestyle Spending category ONLY) ($300 fee for a year's worth of redemptions)
** ++1C. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature)/$4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select Entertainment Spending category ONLY) ($300 fee for a year's worth of redemptions)
** ++2. Citibank Rewards - 1 mile / $3 spent ($50 fee per 5,000 mile redeemed) (on first $12,500 spending per statement month) Note 2
3. [to 31 Dec 16] (if ONLINE / PAYWAVE) CCB HK eye Card - 1 mile / $2.14 (inclusive of 5X online bonus, cap at $75000 per calender year and (2X extra overseas bonus, cap at $75000 per membership year ) ($50 per 5,000 miles AM min $100)

III. Dining
** ++1. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature) / $4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select Dining Spending category ONLY) ($300 fee for a year's worth of redemptions)
** ++1b. [From 4 Jan 2016] HSBC (non-Visa Signature, INCLUDING HSBC Premier World Master) (select Dining category) - 1 mile / $4.16 ($300 fee for a year's worth of redemptions)
** ++1c. [From 4 Jan 2016] HSBC Visa Signature (did not select Dining category) - 1 mile / $6.25 ($300 fee for a year's worth of redemptions)
2. DBS Platinum (Excluding ALL Co-Branded cards and Compass Cards) / Eminent - 1 mile / $5 ($50 per 5,000 miles redeemed, max $300)
3. BEA Flyer World Master - 1 mile / $5 (no fee)
Note: Restaurants in hotels sometimes are regarded as "Hotel" under V/M classification and thus ineligible for any dining promotions, using CUP can usually (but not always) get around this problem

IV. Travel agents:
** ++1. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature) / $4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select LifeStyle Spending category ONLY)/ $6.25 (HSBC Visa Signature NOT selecting LifeStyle Spending category)($300 fee for a year's worth of redemptions)
2. [to 30 April 16] (if online) DBS Eminent - 1 mile per $15 + 6% spending credit rebate (Minimum any spending (online spending inclusive) $5,000 per month, maximum rabate $300 (i.e.online spending $5,000) per month) + 4%selected rebate (with HK Airline, HK Express, Zuji, Priceline) (no fee) - *registration required*
3. CCB HK EYE (if online) - 1 mile per $2.14 spent (First $50,000 only) ($50 per 5,000 miles AM min $100)2. [to 31 Dec 16]

V. Other retail spending
1. [to 30 April 16] (if online) DBS Eminent - 1 mile per $15 + 6% spending credit rebate (Minimum any spending (online spending inclusive) $5,000 per month, maximum rabate $300 (i.e.online spending $5,000) per month) (no fee) - *registration required*
2. CCB HK eye Card - 1 mile per $3 ($50 per 5,000 miles AM min $100) (ONLINE or PAYWAVE Spending ONLY, else $15 per mile)
3. BEA Flyer World Master / BEA Supreme Gold World Master - 1 mile per $5 spent (no fee) Note 3
** 4. SCB WorldMiles AE - 1 mile per $5 spent ($300 flat redemption fee)
** ++ 5. Citibank Prestige - 1 mile per $6 spent (no fee)
6. Amex CX Elite - 1 mile per $6 spent (automatic conversion)
7. DBS Black World Master - 1 mile per $6 spent (no fee)
8. [to 28 Feb 16] Fubon Platinum / Titanium - 1 mile per $6 spent spending >=$300 on Saturdays and Sundays ($50/5,000AM min $250 max $500) (plus 167 Sure win miles if txn amt >$600 (if NOT ONLINE))
** 9. SCB Priority Banking Visa Infinite - 1 mile per $7.5 spent ($300 flat redemption fee)
109. CCB HK Premier Banking Visa Infinite - 1 mile per $7.5 spent ($50 per 5,000 miles AM min $100)
** ++ 11. Amex (Gold grade and higher) - 1 mile per $7.5 spent (to $160,000), $200 flat redemption fee). (1 mile per $3 spent for 5x shops and 1 mile per $1.5 spent for 10x shops)
** ++ 12. Citibank Premiermiles - 1 mile per $8 spent (no fee)
13. Shacom World Master / Platinum / Titanium / Diamond UnionPay - 1 mile per $8 spent ($10 per 1,000AM min $100 max $500)

VI. Bill payments (Excluding Tax or any payment to IRD)
VI A. General Bill Payments (EXCLUDING Insurance and Education)
1. BEA Flyer World Master / BEA Supreme Gold World Master - 1 mile per $5 spent on bill payment (Excluding the following categories: Education, Insurance) (no fee) Note 3
2. CCB HK Visa Infinite - 1 mile per $8 spent ($50 per 5,000 miles AM min $100)
3. Fubon Platinum / Titanium - 1 mile per $12 spent ($50/5,000AM min $250 max $500) (pre-registration required w.e.f. 15 Apr 2014)
4. CCB HK Platinum Visa / CCB HK Platinum Master / CCB HK Platinum Dual Currency UnionPay - 1 mile per $15 spent (Each Card Membership Year cap at 12 times of credit limit)
6. BoC Wealth Management Visa Infinite/BoC Platinum Visa/BoC Dual Currency Unionpay - 1 mile per $15 spent (Each Card cap at $10,000 per Month) ($50/5,000 miles min $100)
7. [From 4 Jan 2016] HSBC Platinum Visa / Advance Platinum Visa / Premier World Master / Visa Signature / Green Card - 1 mile per $25 spent
VI B. Education Bill Payments
1. CCB HK Visa Infinite - 1 mile per $8 spent ($50 per 5,000 miles AM min $100)
2. Fubon Platinum / Titanium - 1 mile per $12 spent ($50/5,000AM min $250 max $500) (pre-registration required w.e.f. 15 Apr 2014)
4. CCB HK Platinum Visa / CCB HK Platinum Master / CCB HK Platinum Dual Currency UnionPay - 1 mile per $15 spent (Each Card Membership Year cap at 12 times of credit limit)
5. BoC Wealth Management Visa Infinite/BoC Platinum Visa/BoC Dual Currency Unionpay - 1 mile per $15 spent (Each Card cap at $10,000 per Month) ($50/5,000 miles min $100)
6. [From 4 Jan 2016] HSBC Platinum Visa / Advance Platinum Visa / Premier World Master / Visa Signature / Green Card - 1 mile per $25 spent
VI C. Insurance Bill Payments
1. CCB HK Visa Infinite - 1 mile per $8 spent ($50 per 5,000 miles AM min $100)
2. CCB HK Platinum Visa / CCB HK Platinum Master / CCB HK Platinum Dual Currency UnionPay - 1 mile per $15 spent (Each Card Membership Year cap at 12 times of credit limit)
3. BoC Wealth Management Visa Infinite/BoC Platinum Visa/BoC Dual Currency Unionpay - 1 mile per $15 spent (Each Card cap at $10,000 per Month) ($50/5,000 miles min $100)
4. [From 4 Jan 2016] HSBC Platinum Visa / Advance Platinum Visa / Premier World Master / Visa Signature / Green Card - 1 mile per $25 spent

Note 1: Other issuers in Hong Kong DO NOT award bonus points for bill payment

VII. Octopus Automatic Add-Value
1. BEA Flyer World Master / BEA Supreme Gold World Master - 1 mile per $5 spent (no fee) Note 3
** ++ 2. Citibank Prestige - 1 mile per $6 spent (no fee)
3. Bankcomm Diamond Dual Currency Card - 1 mile per HK$6 spent for $500 recharges, 1 mile per HK$12 spent for $250 recharges ($100 flat redemption fee)
** 4. SCB Priority Banking Visa Infinite - 1 mile per $7.5 spent ($300 flat redemption fee)
5. CCB HK Visa Infinite - 1 mile per $8 spent ($50 per 5,000 miles AM min $100)
** ++ 6. Citibank Premiermiles - 1 mile per $8 spent (no fee)
7. Shacom World Master / Platinum / Titanium / Diamond UnionPay - 1 mile per $8 spent ($10 per 1,000AM min $100 max $500)

VIII. China Unionpay RMB spending

** ++1. [From 4 Jan 2016] HSBC Dual Currency Unionpay card - 1 mile per RMB4.16 spent (select China Spending category ONLY) ($300 fee for a year's worth of redemptions)
2. Bankcomm Diamond Dual Currency Card - 1 mile per RMB6 spent for restaurants or hotels spending >= RMB300, 1 per RMB12 spent other categories ($100 flat redemption fee)
3. BoC Dual Currency Unionpay Card - 1 mile per RMB15 spent ($50/5,000 miles min $100)

Note 2:
** can opt for Krisflyer miles in lieu
++ can opt for BAEC AVIOS in lieu
For HSBC, ONLY Premier World Master holders are able to opt for BAEC Avios and KrisFlyer Miles

Note 3:
BEA Supreme Gold World Master cardholders need to register in advance for the "BEA Mileage Reward" scheme during application (Supreme Gold account opening), or else pay $1800 penalty to register thereafter.

HK miles/hotel points earning ability
Refer to here
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Best credit card conversion rate to Asiamiles (HK) - 2015

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Old Apr 18, 2015, 6:26 am
  #376  
 
Join Date: Jan 2015
Posts: 18
Originally Posted by carmy
Just want to rant about Citibank HK and their terrible credit card service.

I signed up for the Citi Prestige Card last year when the welcome offer was still 40,000 miles, and did the required spend.

1) Signed up for autopay, which didn't go through even on the second month. Called Citibank and asked why, and they of course blamed HSBC. But HSBC had already sent me a letter confirming that my autopay had been set up weeks ago. After much back and forth and talking to lots of different people, they finally admitted that it was a clerical error and said it would be fixed. I then made a manual payment.

2) All settled? No. Two days later, I get a call from their credit department demanding to know why I was behind on my payments. I pretty much lost it and told them not to waste my time.

3) They asked for my Asiamiles membership number when I first signed up so they could credit the 40,000 welcome miles to my account. Two months later, still no sign of the miles. I called them and asked what was happening, but the call centre operator said it would take up to four months. Again, asked for my Asiamiles number.

4) Decided I would be patient and wait. It's now been four months, but still no sign of those miles. Called the contact centre again, and the man asked for my Asiamiles number again so he could investigate? He also said he has no records of my Asiamiles number??

Has anyone else had an experience like this? It just sounds like a terrible operation. I thought people on the local hongkongcard.com forum were joking when they put the Shittybank moniker on Citi, but I can certainly see why now.

I have had good experiences with Citibank. Just checked my old CX statements.

I applied for Prestige last June and my 30000 welcome gift was credited in same month. The 10000 spending gift was credited in August.

Good luck in resolving your issues with them.
chuke28 is offline  
Old Apr 18, 2015, 5:38 pm
  #377  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
[oops, duplicate of below, please delete]

Last edited by percysmith; Apr 18, 2015 at 6:12 pm
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Old Apr 18, 2015, 6:12 pm
  #378  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
3), 4) - used to happen to me too - never get a welcome offer til I chased them up. They currently are still refusing to rebate my referrer for my Citi payroll member-get-member - but I need the account numbers of all three referrers and the third referrer seem to have difficulty locating where her salary is paid...

1), 2) see PM
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Old Apr 23, 2015, 9:52 am
  #379  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
CCB VI $7.5/mile --> $8 mile

http://www.hongkongcard.com/forum/fo...?id=10284&p=21 #202

Instead of giving double points as of now and applying a $15 points/mile conversion rate, they will give 1X points and apply 8 points/mile conversion from 1 July.

Last edited by percysmith; Apr 23, 2015 at 6:11 pm
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Old Apr 23, 2015, 10:26 pm
  #380  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
Existing CCB VI points become more valuable...?

http://www.hongkongcard.com/forum/fo...?id=10284&p=21 #205

"如果之前未換939 d分, 7/1之後換就正啦, 同埋呢兩個月用碌多d, 儲多d分7月換"

Interesting observation, as CCB improved the conversion rate, so all points already in CCB VIs become more valauble on 1 July?!

They didn't announce they were going to convert (reduce) existing balances.

This has got to be one of the most moronic T&C amendments ever.
percysmith is online now  
Old Apr 24, 2015, 1:07 am
  #381  
 
Join Date: Aug 2005
Location: US, CA, HK
Programs: UNITED 1P
Posts: 508
Now that citibank is running a 20% conversion bonus to BA, I wonder how often HSBC runs promos like this? The last I saw was ard fall of last year? Do they usually run this once a year or twice a year? Thx a lot
nanirina is offline  
Old Apr 24, 2015, 1:32 am
  #382  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
Last HSBC Avios promo was last July-September.

None for December-February .

Maybe another Avios promo coming for summer. But if it's not published in July then there won't be any til the end of the year.
percysmith is online now  
Old Apr 24, 2015, 2:19 am
  #383  
 
Join Date: Jun 2004
Location: Hong Kong
Programs: CX MPC
Posts: 592
Originally Posted by percysmith
Interesting observation, as CCB improved the conversion rate, so all points already in CCB VIs become more valauble on 1 July?!
Does CCB really require you to bank $1 million with them to get a VI card? I know that's what they say, but sometimes banks waive these requirements in practice. With other options for getting miles for bill payment progressively vanishing, CCB VI is starting to look quite more attractive.

Also are CCB bill payments to other credit cards treated as a cash advance? Can't find anything on the Web site, but presume they must (otherwise what's to stop you crediting your CCB CUP account from HSBC and then using it to pay off your other CCB card bills?)
dannyhk is online now  
Old Apr 24, 2015, 2:37 am
  #384  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
1M reqm

HSBC can haggle
SCB used to be able to 50% if you also park your payroll with them at same time
But TMBK CCB cannot
percysmith is online now  
Old Apr 24, 2015, 6:16 am
  #385  
 
Join Date: Jun 2008
Location: DUS
Posts: 318
Anyone know if certain citi branches (like MK) still offer higher than normal bonus for payroll account + credit card? I got 20k+ miles at MK branch when I did that a year or two ago...
svellmann is offline  
Old Apr 24, 2015, 8:47 am
  #386  
 
Join Date: Apr 2012
Location: Hong Kong SAR
Programs: JL Diamond, CX Gold, HH Gold
Posts: 272
Originally Posted by percysmith
1M reqm

HSBC can haggle
SCB used to be able to 50% if you also park your payroll with them at same time
But TMBK CCB cannot
AFAIK, SCB will charge you VI annual fee if you do not have 1Mil with them after 1 year.
AmD950 is offline  
Old Apr 24, 2015, 8:51 am
  #387  
 
Join Date: Apr 2012
Location: Hong Kong SAR
Programs: JL Diamond, CX Gold, HH Gold
Posts: 272
For HKBEA -
Is it true that only bill payment for Education/Insurance would not earn points?
If I pay for education/insurance using autopay or POS - will it be fine?

I am getting inconsistent answer from card center. Thanks
AmD950 is offline  
Old Apr 24, 2015, 9:46 am
  #388  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
Originally Posted by AmD950
For HKBEA -
Is it true that only bill payment for Education/Insurance would not earn points?
If I pay for education/insurance using autopay or POS - will it be fine?

I am getting inconsistent answer from card center. Thanks
I bought travel insurance online (網購) from AIG website. Count for BEA (does not count for CCB promos)
percysmith is online now  
Old Apr 24, 2015, 11:06 pm
  #389  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
Originally Posted by percysmith
http://www.hongkongcard.com/forum/fo...w.php?id=14524
http://www.hkbea.com/html/en/bea-cre...er-easter.html

Pretty much standard drill
Min $500 per transaction max $3,125 culminative spend.
I included the 0.6x World Mastercard bonus in the $0.83/mile calculation since this comes as default for all miles earning BEA cards anyway

Hmmm. Although I am going away on the 2nd, I can recharge my *$ card at arrivals terminal on the way back.
Received, but only 7.4X bonus not 8X...so the overall earn is 9X ($0.88/mile) not 9.6X ($0.833/mile) as received in Christmas/CNY promos.
percysmith is online now  
Old Apr 26, 2015, 11:33 pm
  #390  
 
Join Date: Nov 2007
Location: PVG
Programs: SK*G, QR*G
Posts: 514
For a HKD bsed card, does mastercard or visa generally offer better exchange rates?
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