FlyerTalk Forums - View Single Post - HSBC Premier World MasterCard
View Single Post
Old Mar 10, 2018 | 10:25 am
  #489  
abc5
All eyes on you!
10 Years on Site
 
Join Date: Nov 2011
Posts: 159
Originally Posted by mia
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 ..."
abc5 is offline