FlyerTalk Forums - View Single Post - Best credit card coversion rate to Asiamiles in 2009? (For FTers based in HK)
Old Jul 1, 2011 | 9:27 am
  #829  
dietevil
 
Join Date: Oct 2010
Location: Hong Kong
Programs: Marco Polo
Posts: 96
Originally Posted by percysmith
But be careful - your extra ratio's gonna get rounded up to nearest HK$100 per transaction (this point confirmed with CS). If you run 15 transactions of HK$750 in your US trip, for instance, you'll be rounded down by 7.5 DB$ or 156 miles for instance. So the number of miles you earn will be (750 x 15)/2.18 - 156 = 5,005 miles, which equates to (750 x 15)/5,005 = $2.25/mile earn rate.
This is still a far better earn rate than any other card I have although I need to compare my forthcoming BankComm CUP card. It has no foreign transaction fee if I remember correctly and pays HK$4/mile. Just need to do the math.
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