Last edit by: TravelinSperry
HSBC (USA) Premier has eleven airline transfer partners, and two hotel chain partners. Cards issued in other countries may have different partners and transfer ratios
ONE WORLD
British Airways (Avios) 1:25:1
Iberia (Avios) 1:25:1
Qantas 1:1
Qatar Airways (Avios) 1.25:1
SKYTEAM
Flying Blue 1.25:1
STAR
Avianca 1.25:1
Eva Air 1.25:1
TAP Portugal 1:1
Turkish 1.25:1
INDEPENDENT
Aer Lingus (Avios) 1:25:1
Emirates 1:1
HOTELS
Accor 2:1
Wyndham 1.25:1
ONE WORLD
British Airways (Avios) 1:25:1
Iberia (Avios) 1:25:1
Qantas 1:1
Qatar Airways (Avios) 1.25:1
SKYTEAM
Flying Blue 1.25:1
STAR
Avianca 1.25:1
Eva Air 1.25:1
TAP Portugal 1:1
Turkish 1.25:1
INDEPENDENT
Aer Lingus (Avios) 1:25:1
Emirates 1:1
HOTELS
Accor 2:1
Wyndham 1.25:1
HSBC Premier World MasterCard
#16
Join Date: Jun 2006
Location: ROC;SIN
Programs: ROP
Posts: 426
I believe this card in its current form was launched around June of 07.
It's a good card for non-US spending, and the customer service has been excellent. They seem to have a dedicated call center for premier customers based out of Buffalo, and it probably would take a customer longer to navigate their phone IVR system than to get connected to a rep. Usually.
The premier checking product is pretty nice as well. Low rate (below .5% ?), but very few fees. Free returned cheques, free bank cheques, but no free TT though.
It's a good card for non-US spending, and the customer service has been excellent. They seem to have a dedicated call center for premier customers based out of Buffalo, and it probably would take a customer longer to navigate their phone IVR system than to get connected to a rep. Usually.
The premier checking product is pretty nice as well. Low rate (below .5% ?), but very few fees. Free returned cheques, free bank cheques, but no free TT though.
#18
FlyerTalk Evangelist
Join Date: Jul 1999
Location: ORD/MDW
Programs: BA/AA/AS/B6/WN/ UA/HH/MR and more like 'em but most felicitously & importantly MUCCI
Posts: 19,719
HSBC Cash or Fly Rewards Card - Opinions?
New wrinkle -- I've had a pitch for the HSBC Cash or Fly Rewards Mastercard. It's outwardly attractive because you can earn points which turn into cash credits toward any airline ticket, or just take a cash rebate, and it seems much more flexible (ironically) than the new FlexPerks program from US Bank. But I can't tell if the points expire. There's some ominous fine print in the offer: "There is no annual limit on the amount of points that can be accumulated or redeemed in an Account Year (12-month period)." Think that means the points evaporate at the 12-month mark?
#19
Join Date: Mar 2005
Posts: 125
I believe this card in its current form was launched around June of 07.
It's a good card for non-US spending, and the customer service has been excellent. They seem to have a dedicated call center for premier customers based out of Buffalo, and it probably would take a customer longer to navigate their phone IVR system than to get connected to a rep. Usually.
The premier checking product is pretty nice as well. Low rate (below .5% ?), but very few fees. Free returned cheques, free bank cheques, but no free TT though.
It's a good card for non-US spending, and the customer service has been excellent. They seem to have a dedicated call center for premier customers based out of Buffalo, and it probably would take a customer longer to navigate their phone IVR system than to get connected to a rep. Usually.
The premier checking product is pretty nice as well. Low rate (below .5% ?), but very few fees. Free returned cheques, free bank cheques, but no free TT though.
You can view all your global accounts together and transfer available instantly 24X7 hrs.
But you must remain similar 100,000 US dollar in one HSBC.
#20
Join Date: Apr 2005
Location: SJU no more... DCA/IAD/BWI for now
Programs: AA GLD 1.7M and counting slowly
Posts: 265
Does anyone know what the burn rate is for their rewards program when it comes to getting airline tickets? Is it based on what the paid fare would otherwise be, or do they have set awards, say Business Class to Europe from the US is XXX points? If there is a link to a website that gives better details, other than 1 point for every Dollar, I would appreciate it.
Thanks!
Thanks!
#21
Join Date: Sep 2008
Location: Hong Kong, Hong Kong
Programs: American Express Centurion. AE Platinum Credit Card. Gold SPG. Gold Passport. Platinum Ambassador.
Posts: 15
In Hong Kong you need One Million Hong Kong dollars to open the HSBC Premier Account. 100,000 US is around 780,000 Hong Kong Dollars....
#22
Join Date: Dec 2009
Posts: 2
As HSBC Premier Mastercard has no foreign exchange fee and I have a US HSBC issued one, I'm wondering whether I need to get a HK HSBC Premier Mastercard? I visited families in HK once or twice a year, and may sign for bills there.
So which one is better, use one single US HSBC card or two cards?
So which one is better, use one single US HSBC card or two cards?
#23
Join Date: Aug 2005
Location: SNA Rwy 20L
Programs: QF Silver
Posts: 703
I maintain HSBC accounts in several countries and always request a local credit card since it's sometimes difficult to make an online purchase in another country without having a local address. It also can help sidestep the farkin' dynamic currency exchange that some merchants try to slip through. Yes I know they are supposed to ask you but a lot don't. Usually goes something like:
"I noticed you charged me in US dollars on my Schwab Visa, I'd prefer to pay in local $"
"Oh, I don't know how to do that, I'll call the owner & (s)he'll be here in 30 min"
"Fine, just cancel the transaction and bill it to my local HSBC card"
Loses the cashback but saves some sanity.
"I noticed you charged me in US dollars on my Schwab Visa, I'd prefer to pay in local $"
"Oh, I don't know how to do that, I'll call the owner & (s)he'll be here in 30 min"
"Fine, just cancel the transaction and bill it to my local HSBC card"
Loses the cashback but saves some sanity.
Last edited by Zarf4; Dec 3, 2009 at 12:56 pm Reason: Forgot to say "Welcome to FT berlitz!"
#24
Join Date: Jan 2010
Posts: 1
Yes, the Home and Away program link takes you to the HK (home) HSBC site. HSBC seems to have the most discounts/deals in HK anyway.
On one of my many visits to HKG, I wound up at a bookstore buying a bunch of books. I gave them my HSBC MC to pay and wound up with 30% off because they were running a promo. Yay discount! ^
The big draw for me was the "no foreign transaction fee". So this and my Cap One card are the cards that go with me when I fly overseas...
On a semi-related note, HSBC Premier membership means that you can visit any of the lounges worldwide. Free coffee, newspapers and a place to relax during the day. And maybe get some leads on investments!
On one of my many visits to HKG, I wound up at a bookstore buying a bunch of books. I gave them my HSBC MC to pay and wound up with 30% off because they were running a promo. Yay discount! ^
The big draw for me was the "no foreign transaction fee". So this and my Cap One card are the cards that go with me when I fly overseas...
On a semi-related note, HSBC Premier membership means that you can visit any of the lounges worldwide. Free coffee, newspapers and a place to relax during the day. And maybe get some leads on investments!
#26
Join Date: Apr 2005
Location: SFO
Programs: UA MM, SQ KrisFlyer, SPG/Marriott Titanium
Posts: 1,231
Guess I should have been more specific, sorry 'bout that.
#27
Join Date: Sep 2004
Location: I'm out of here.
Posts: 281
I have this card and use it for purchases in sundry currencies/USD even though I live in Canada. 1% cashback is half decent considering as I found that some Canadian cards charge a lot more than 2.5% for sundry currencies (like CZK, ZAR, KRW, TWD) and only paying the 0.25% to exchange CAD to USD is a much better deal, also considering I save on USD purchases.
#28
Join Date: Mar 2010
Posts: 1
Fairly Good Card
Comparing this to other cards I've been pleasantly surprised. It doesn't have the cachet of the AMEX Centurion (nor does it have the absurd fee) but I have noticed the following benefits:
* As mentioned, no fx fee
* Great customer service
* Easy to use internet interface between accounts
* Home/Away Program
* Free Tablet Plus Membership [very good for booking hotel]
* Access to HSBC lounges [no idea where all of these are located, found one few randomly earlier in the year at San Jose, Costa Rica airport]
* The Premier Taxi in NYC [yes I found/used it once, pretty funny]
* One off promotions, very nice AA one [concierge from curb to lounge]
* Did I mention no fee. [not renewing Centurion, a waste compared to Plat.]
Anyway, I'm not employed by HSBC in any manner, but I have had good experiences with them. Happy Travels......
* As mentioned, no fx fee
* Great customer service
* Easy to use internet interface between accounts
* Home/Away Program
* Free Tablet Plus Membership [very good for booking hotel]
* Access to HSBC lounges [no idea where all of these are located, found one few randomly earlier in the year at San Jose, Costa Rica airport]
* The Premier Taxi in NYC [yes I found/used it once, pretty funny]
* One off promotions, very nice AA one [concierge from curb to lounge]
* Did I mention no fee. [not renewing Centurion, a waste compared to Plat.]
Anyway, I'm not employed by HSBC in any manner, but I have had good experiences with them. Happy Travels......
#29
Join Date: Aug 2004
Programs: AA Explat, UA 1K
Posts: 389
Comparing this to other cards I've been pleasantly surprised. It doesn't have the cachet of the AMEX Centurion (nor does it have the absurd fee) but I have noticed the following benefits:
* As mentioned, no fx fee
* Great customer service
* Easy to use internet interface between accounts
* Home/Away Program
* Free Tablet Plus Membership [very good for booking hotel]
* Access to HSBC lounges [no idea where all of these are located, found one few randomly earlier in the year at San Jose, Costa Rica airport]
* The Premier Taxi in NYC [yes I found/used it once, pretty funny]
* One off promotions, very nice AA one [concierge from curb to lounge]
* Did I mention no fee. [not renewing Centurion, a waste compared to Plat.]
Anyway, I'm not employed by HSBC in any manner, but I have had good experiences with them. Happy Travels......
* As mentioned, no fx fee
* Great customer service
* Easy to use internet interface between accounts
* Home/Away Program
* Free Tablet Plus Membership [very good for booking hotel]
* Access to HSBC lounges [no idea where all of these are located, found one few randomly earlier in the year at San Jose, Costa Rica airport]
* The Premier Taxi in NYC [yes I found/used it once, pretty funny]
* One off promotions, very nice AA one [concierge from curb to lounge]
* Did I mention no fee. [not renewing Centurion, a waste compared to Plat.]
Anyway, I'm not employed by HSBC in any manner, but I have had good experiences with them. Happy Travels......
#30
Join Date: Apr 2005
Location: SFO
Programs: UA MM, SQ KrisFlyer, SPG/Marriott Titanium
Posts: 1,231
And in HK, the branches also have Wi-Fi which is a nice touch. I've sat in a branch for 2 hours once just surfing the net.
I have this card and use it for purchases in sundry currencies/USD even though I live in Canada. 1% cashback is half decent considering as I found that some Canadian cards charge a lot more than 2.5% for sundry currencies (like CZK, ZAR, KRW, TWD) and only paying the 0.25% to exchange CAD to USD is a much better deal, also considering I save on USD purchases.
I have this card and use it for purchases in sundry currencies/USD even though I live in Canada. 1% cashback is half decent considering as I found that some Canadian cards charge a lot more than 2.5% for sundry currencies (like CZK, ZAR, KRW, TWD) and only paying the 0.25% to exchange CAD to USD is a much better deal, also considering I save on USD purchases.