FlyerTalk Forums - View Single Post - Credit card Asia Miles earning opportunities (HK) 2017

Feb 5, 2017, 9:20 am

#122

rhleung

Join Date: Apr 2009

Posts: 60

Quote:

Originally Posted by percysmith

http://forum.hongkongcard.com/forumSE/show/17275 #6
https://www2.personal.ebanking.hsbc....rdcash_T&C.pdf

AAVS excluded
Hongkongcard.comers deduced (and I agree) that this will hit points earning on Wechat Pay and upcoming HSBC Payme app
Also I add any top-ups of Paypal balances (as opposed to direct payments to merchants) will be hit also.

I see there are potential arb opportunity before 1 April 2017? Add funds to WeChat Pay from HSBC credit card -> generating RC. And then withdraw it back to the bank account??

The problem I see is how to best add funds to WeChat Pay? I can see only 7-11 Top Up option and seems that can only be topped up physically by cash at 7-11 stores. Alternative to that is to give Red Packet / transfer $$ to a close friend and deduct the amount on HSBC credit card but that seems to be capped at $200 per day. Any better ways to arb?