HSBC (USA) has added two transfer partners. Jet Airways and AeroMexico, but Asia Miles has been removed.
Now there are four (1:1):
- AeroMexico
- British Airways
- Jet Airways
- Singapore Airlines
HSBC (UK) still offers these four (2:1):
- Asia Miles
- British Airways
- Etihad
- Singapore Airlines
holy crap, they removed ASIA miles for USA market I didnt realize. I was holding onto my points for the past few years aiming for something an eventual asia miles redemption once I had a trip in place, but it never happened because i havent sought to travel to asia in recent years.
Did anyone notice for the USA market, the points to cash conversion has gone back to a 1:1 ?
i'm wondering if i should just cash out... decision is mine, but I don't udnerstand if converting my points to BA or Sinagpore would be worth it. I would like to fly to Europe and Canada in the near future. I also have 6K asiamiles sitting in my asiamiles account which now I cannot augment from my HSBC points as they dropped asiamiles.
If my memory serves me, there was a time a couple years earlier where the redemption was less than that. I could be wrong.
They are also devaluing the points come april.
devaluation ? Seat 31B
"Currently, for
HSBC Premier members, the rate is 62 points per $1. However, as of
April 2, 2018, the rate will increase to 80 points per $1. This is a significant
devaluation, from about 1.6 cents per point in
value down to 1.25 cents per point in
value. I think this is most significant because it is the first major bank program ..."