Postal letter from HSBC USA advising that effective 4.1.2018 the travel redemption ratio changes from 62/USD (0.016/point) to 80/USD (0.0125/point). This is competitive with Citi Premier, Citi Prestige, Chase Sapphire Preferred, Chase INK Preferred, but lags behind American Express Business Platinum and Chase Sapphire Reserve.
It isn't clear if this also applies to the new World Elite MasterCard which advertises a $0.015/point rate (50,000 Rewards Program Bonus Points , worth $750 in air travel).
Last edited by mia; Jan 13, 2018 at 5:00 am