Nov 29, 2013, 8:45 pm
Last edit by: sxc
This 2014 and prior thread is now closed. Please continue discussion here: Best Credit card conversion rate to Asiamiles (HK) - 2015
Best credit card conversion rate to Asiamiles (HK) - 2014 and prior
Sep 13, 2013, 8:29 am
#1111
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,801
Wirelessly posted (Mozilla/5.0 (iPhone; CPU iPhone OS 5_1_1 like Mac OS X) AppleWebKit/534.46 (KHTML, like Gecko) Version/5.1 Mobile/9B206 Safari/7534.48.3)
DBS Amex is only good cos it's an Amex - DCC free and good rates at some countries like Thailand and Japan. $4/mile is good but can be better (equal to citi pm, worse than fubon plat $3/mile and HSBC $2.78/mile).
HSBC 6x ($2.78/mile) capped to $120,000. But unless you use unionpay, you are exposed to DCC.
For me, post SCB AE, I rather use fubon for overseas and use my 6X on something else like dining. That is if 6x carries on next year.
DBS Amex is only good cos it's an Amex - DCC free and good rates at some countries like Thailand and Japan. $4/mile is good but can be better (equal to citi pm, worse than fubon plat $3/mile and HSBC $2.78/mile).
HSBC 6x ($2.78/mile) capped to $120,000. But unless you use unionpay, you are exposed to DCC.
For me, post SCB AE, I rather use fubon for overseas and use my 6X on something else like dining. That is if 6x carries on next year.
Last edited by percysmith; Sep 13, 2013 at 12:40 pm
Sep 13, 2013, 9:55 am
#1112
Join Date: Dec 2003
Location: Hong Kong
Programs: CX Diamond / SQ Gold / Bonvoy Platinum / Hyatt Globalist / Hilton Gold
Posts: 1,098
I don't see the value in DBS for me.
Overseas - Citi PM is the same ($4/mile)
Local - Amex Plat is $7.50/mile, versus DBS $6/mile
But I don't spend that much locally, perhaps only around $20K/month, which works out to be only a difference of 8,000 Asia Mile per year. If they don't waive my first year annual fee, there's no way I can justify paying $1,800 for earning 8,000 more miles.
Overseas - Citi PM is the same ($4/mile)
Local - Amex Plat is $7.50/mile, versus DBS $6/mile
But I don't spend that much locally, perhaps only around $20K/month, which works out to be only a difference of 8,000 Asia Mile per year. If they don't waive my first year annual fee, there's no way I can justify paying $1,800 for earning 8,000 more miles.
Sep 13, 2013, 11:40 am
#1113
Join Date: Dec 2002
Location: Hong Kong
Posts: 2,172
I don't see the value in DBS for me.
Overseas - Citi PM is the same ($4/mile)
Local - Amex Plat is $7.50/mile, versus DBS $6/mile
But I don't spend that much locally, perhaps only around $20K/month, which works out to be only a difference of 8,000 Asia Mile per year. If they don't waive my first year annual fee, there's no way I can justify paying $1,800 for earning 8,000 more miles.
Overseas - Citi PM is the same ($4/mile)
Local - Amex Plat is $7.50/mile, versus DBS $6/mile
But I don't spend that much locally, perhaps only around $20K/month, which works out to be only a difference of 8,000 Asia Mile per year. If they don't waive my first year annual fee, there's no way I can justify paying $1,800 for earning 8,000 more miles.
Sep 13, 2013, 11:44 am
#1114
Join Date: Dec 2011
Programs: CX MPC GO; Golden Circle nobody!
Posts: 249
Sep 13, 2013, 12:19 pm
#1116
Join Date: Dec 2011
Programs: CX MPC GO; Golden Circle nobody!
Posts: 249
Sep 15, 2013, 1:18 am
#1117
Join Date: Nov 2008
Programs: SQ QPP1, HYATT DIA, SPG GOLD, HH GOLD, IHG GOLD
Posts: 656
http://www.hongkongcard.com/forum/fo...w.php?id=11129
http://www.standardchartered.com.hk/...n-express.html
"With effect from 18 November 2013, the "2X and 6X 360° Rewards Points Program" will be discontinued. Please click here to view the Notice of Change of "2X and 6X 360° Rewards Points Program" and Annual Reward Scheme Fee applicable to Standard Chartered American Express® Credit Card. "
Well we saw it coming.
--> Fubon $3/mile for overseas where DCC not a concern
--> DBS $4/mile where it is
But now I have to guess.
Screw SCB. Nothing to keep me with them, I'm cutting them and turning them into a churn bank like Citi.
http://www.standardchartered.com.hk/...n-express.html
"With effect from 18 November 2013, the "2X and 6X 360° Rewards Points Program" will be discontinued. Please click here to view the Notice of Change of "2X and 6X 360° Rewards Points Program" and Annual Reward Scheme Fee applicable to Standard Chartered American Express® Credit Card. "
Well we saw it coming.
--> Fubon $3/mile for overseas where DCC not a concern
--> DBS $4/mile where it is
But now I have to guess.
Screw SCB. Nothing to keep me with them, I'm cutting them and turning them into a churn bank like Citi.
Okay then, I am using it for the last 2 months here in SG and will convert at least another 150k miles out of the program before waving bye2 to this card finally.
Sep 17, 2013, 10:46 am
#1118
Join Date: Dec 2003
Location: Hong Kong
Programs: CX Diamond / SQ Gold / Bonvoy Platinum / Hyatt Globalist / Hilton Gold
Posts: 1,098
Does anyone know whether the Standard Chartered "Top-Up" (= buying points) option is still valid after they scrap the 2x / 6x program on 18 November 2013?
I will stop using my SC cards from 18 November 2013 onwards. However, I would preferably keep the miles in my account until near the expiry date before paying to double my points, and then converting to Asia Miles. That way the Asia Miles will expire later.
Reading the amended terms and conditions - it doesn't mention anything about changing the "Top-Up" option.
Any ideas?
I will stop using my SC cards from 18 November 2013 onwards. However, I would preferably keep the miles in my account until near the expiry date before paying to double my points, and then converting to Asia Miles. That way the Asia Miles will expire later.
Reading the amended terms and conditions - it doesn't mention anything about changing the "Top-Up" option.
Any ideas?
Sep 17, 2013, 12:56 pm
#1120
Join Date: Dec 2011
Programs: CX MPC GO; Golden Circle nobody!
Posts: 249
Does anyone know whether the Standard Chartered "Top-Up" (= buying points) option is still valid after they scrap the 2x / 6x program on 18 November 2013?
I will stop using my SC cards from 18 November 2013 onwards. However, I would preferably keep the miles in my account until near the expiry date before paying to double my points, and then converting to Asia Miles. That way the Asia Miles will expire later.
Reading the amended terms and conditions - it doesn't mention anything about changing the "Top-Up" option.
Any ideas?
I will stop using my SC cards from 18 November 2013 onwards. However, I would preferably keep the miles in my account until near the expiry date before paying to double my points, and then converting to Asia Miles. That way the Asia Miles will expire later.
Reading the amended terms and conditions - it doesn't mention anything about changing the "Top-Up" option.
Any ideas?
Hello Psychiatrist, can you please enlighten me where is this "top up" option in the 360 Rewards page? Do I have to call in?
Sep 17, 2013, 2:59 pm
#1121
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,801
I don't think it's affected. I just don't find the option economical.
nsolitude: "HK$0.008 to 1 Bonus Point" https://ibanklite.standardchartered....ewFAQ&menuNo=5
Max buy the same amount of points as your current points balance "To purchase 360° Rewards Points, you would need to fulfill the minimum points requirement that is your available 360° Rewards Points balance should not be less than 50% of the required 360° Rewards Points for the item you wish to redeem."
HK$0.008 per point
15 points per mile
--> $0.12 per mile
nsolitude: "HK$0.008 to 1 Bonus Point" https://ibanklite.standardchartered....ewFAQ&menuNo=5
Max buy the same amount of points as your current points balance "To purchase 360° Rewards Points, you would need to fulfill the minimum points requirement that is your available 360° Rewards Points balance should not be less than 50% of the required 360° Rewards Points for the item you wish to redeem."
HK$0.008 per point
15 points per mile
--> $0.12 per mile
Sep 17, 2013, 4:23 pm
#1122
Join Date: Dec 2011
Programs: CX MPC GO; Golden Circle nobody!
Posts: 249
I don't think it's affected. I just don't find the option economical.
nsolitude: "HK$0.008 to 1 Bonus Point" https://ibanklite.standardchartered....ewFAQ&menuNo=5
Max buy the same amount of points as your current points balance "To purchase 360° Rewards Points, you would need to fulfill the minimum points requirement that is your available 360° Rewards Points balance should not be less than 50% of the required 360° Rewards Points for the item you wish to redeem."
HK$0.008 per point
15 points per mile
--> $0.12 per mile
nsolitude: "HK$0.008 to 1 Bonus Point" https://ibanklite.standardchartered....ewFAQ&menuNo=5
Max buy the same amount of points as your current points balance "To purchase 360° Rewards Points, you would need to fulfill the minimum points requirement that is your available 360° Rewards Points balance should not be less than 50% of the required 360° Rewards Points for the item you wish to redeem."
HK$0.008 per point
15 points per mile
--> $0.12 per mile
Thanks for your help! I finally found the portion in FAQ that states the topup policy, and I am not sure if I am reading correctly, it says I cannot purchase points, because I have sufficient points to redeem miles? Does this option occur when I confirm my purchase?
Thanks for helping out a newbie!
From the SCB FAQ:
Can I use the Top-Up function while I have sufficient 360° Rewards Points for rewards redemption in my account?
Credit Card
The Top-Up function will only be available when you do not have sufficient 360° Rewards Points in the account to proceed with the Shopping Cart Order.
Credit Card
The Top-Up function will only be available when you do not have sufficient 360° Rewards Points in the account to proceed with the Shopping Cart Order.
Sep 17, 2013, 4:26 pm
#1123
Join Date: Dec 2011
Programs: CX MPC GO; Golden Circle nobody!
Posts: 249
I don't think it's affected. I just don't find the option economical.
nsolitude: "HK$0.008 to 1 Bonus Point" https://ibanklite.standardchartered....ewFAQ&menuNo=5
Max buy the same amount of points as your current points balance "To purchase 360° Rewards Points, you would need to fulfill the minimum points requirement that is your available 360° Rewards Points balance should not be less than 50% of the required 360° Rewards Points for the item you wish to redeem."
HK$0.008 per point
15 points per mile
--> $0.12 per mile
nsolitude: "HK$0.008 to 1 Bonus Point" https://ibanklite.standardchartered....ewFAQ&menuNo=5
Max buy the same amount of points as your current points balance "To purchase 360° Rewards Points, you would need to fulfill the minimum points requirement that is your available 360° Rewards Points balance should not be less than 50% of the required 360° Rewards Points for the item you wish to redeem."
HK$0.008 per point
15 points per mile
--> $0.12 per mile
Sep 17, 2013, 4:49 pm
#1124
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,801
Try asking for 66,000 miles
The following should appear:
"Top Up More Points
Points required for redemption in your Cart are more than the Rewards Points available in your account. You can either purchase more points and charge it to your credit card, or edit your order by removing / reducing the quantity in the table above.
Top Up Points Required: 500000
Total Cost of Top Up Points: HKD 4,000.00
Card Number to Buy Top Up Points:"
Sep 17, 2013, 6:13 pm
#1125
Join Date: Dec 2011
Programs: CX MPC GO; Golden Circle nobody!
Posts: 249
Normally you can only redeem 33,000 miles with that.
Try asking for 66,000 miles
The following should appear:
"Top Up More Points
Points required for redemption in your Cart are more than the Rewards Points available in your account. You can either purchase more points and charge it to your credit card, or edit your order by removing / reducing the quantity in the table above.
Top Up Points Required: 500000
Total Cost of Top Up Points: HKD 4,000.00
Card Number to Buy Top Up Points:"
Try asking for 66,000 miles
The following should appear:
"Top Up More Points
Points required for redemption in your Cart are more than the Rewards Points available in your account. You can either purchase more points and charge it to your credit card, or edit your order by removing / reducing the quantity in the table above.
Top Up Points Required: 500000
Total Cost of Top Up Points: HKD 4,000.00
Card Number to Buy Top Up Points:"
Called SCB: SCB told me that if I want to redeem with the top-up, I can call and there will be no limit to how much I can redeem. Now the question is whether 10kHKD for 100k miles is worth it?
Last edited by nsolitude; Sep 17, 2013 at 8:38 pm