Originally Posted by
PDXBRU33
3 days ago I decided to take advantage of the BA bonus and transferred all my points to my BA account. I went on to their rewards website and chose the BA avios. I had to enter the amount of BA avios I wanted to buy (being 1.25 x the HSBC points I wanted to use). After entering my BA avios number, I got a confirmation. About 48 hrs later, the avios were credited to my BA account. To my surprise, the amount was higher than the amount I had expected. In fact it was 25% more than the 25% extra notated on the HSBC website!!
For example:
50,000 HSBC points
Used 50,000 points to purchase 62,500 Avios (according to HSBC rewards website)
When Avios were credited... I received 78,125! (that is 25% more than 62,500)
That actually works out to a 56% bonus!!
Not a bad deal. Especially since the HSBC points were not doing me any good just sitting there!
I can vouch this worked out the same for me too. I got close to a 57% bonus to my Avios acct on . Who needs the Chase BA card w/ redemption rate like this. I paid off my HSBC mortgage so there is little reason keeping my at HSBC premier. However bonus like this. And Fairmont and China Airlines discounts keep coming... may reconsider closing it out my HSBC acct^