FlyerTalk Forums - View Single Post - Best credit card coversion rate to Asiamiles in 2009? (For FTers based in HK)

Jul 3, 2011 | 7:46 pm

#833

kaka

Suspended

Join Date: May 2006

Location: HKG

Programs: A3, TK *G; JL JGC; SPG,Hilton Gold

Posts: 9,952

Quote:

Originally Posted by percysmith

$2.18/mile at $0.1/mile = 4.59% rebate rate, more than covers the 2% FX surcharge. You don't get the wholesale rate (on which the 2% surcharge is charged upon) if you go through a money changer anyway.

unless i'm mistaken for USD you do get sth around 0.5% for T/T over wholesale rate. (Since you have a bank account you won't do cash transfer straightaway anyway)

Quote:

Originally Posted by percysmith

HSBC: 15X RewardCash ($2.78/mile) @ Times Square and New Town Plaza to 31 August. First $10,000 spending/month only and registration required https://www.hsbc.com.hk/1/2/special/cards/prom218

Amex: 5X Membershp Reward points ($3/mile) @ WTC more to 31 July. No conditions http://f.email.americanexpress.com/i...011_Offers.pdf

I don't have much to buy at malls this month~ I might get a suit at Zara and thats it

bring your girlfriend there and it would solve the problem!
btw, how did you get $2.78/mile for HSBC? dont you get a rewardcash on 250 spending normally? (ie $250/15AM, so $250/225AM now)

oh btw, i've looked at the rate i've gotten off AMEX, DBS AMEX and SCB Visa for my May spendings in GBP and EUR, and i've gotten this: AMEX & DBS AMEX: ~4% surcharge. SCB Visa: 2-3%.

I never check MOP spendings becasue it's always better than spending HKG in macau but its not always convinient to get to an HSBC machine to get my MOP (I have fee free ATM withdrawal so YMMV)

Last edited by kaka; Jul 3, 2011 at 8:06 pm