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Best credit card conversion rate to Asiamiles (HK) - 2015

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Old Jan 3, 2015, 1:24 am
FlyerTalk Forums Expert How-Tos and Guides
Last edit by: percysmith
This is a continuation of this previous thread which contains discussion from 2014 and prior: http://www.flyertalk.com/forum/catha...es-hk-164.html

For time required to transfer miles from banks, please see here.
On-going offers

Beginner's recommendation (rates quoted before other short term promotions):
1. BEA Flyer World Master - 1 mile per $5 for local purchases / overseas purchases / Octopus / Bill Payment (Excluding the following categories: Education, Insurance and Tax) (no fee)
2. [From 4 Jan 2016] HSBC Visa Signature for 9X (6X: select one category only below, 1 mile per $4.16 under this promotion, cap at $100,000; plus 3X on all categories, 1 mile per $6.25 cap at $100,000 - total $1 mile per $2.78), and all other seasonal promotions. ($300 fee for a year's worth of redemption) [to 31 Dec 2016]

Credit Cards that are by Invitation Only or Applied in lieu with an Account:

1. WLB Luxe Visa Infinite - 1 mile per $2.4 for overseas airline / travel / hotel / dining; $4/mile on local airline / travel / hotel / dining ($50/5,000 miles min $50 max $500) (Need to be Wing Lung Private Banking customers)
2. BoC Wealth Management Visa Infinite - 1 mile per $15 for local / overseas / octopus AAVS / bill payment, 1 mile per $5 for overseas spending / local dining, 1 mile per $2.5 for overseas spending / local dining if that month's accumulated spending is over $15000 ($50/5,000 miles min $100 max $300) (Need to be BoC Wealth Management (中銀理財) customer)
3. HSBC Premier World Master for 6X (select one category only below, 1 mile per $4.16 from 4 Jan 2016. Under this promotion, cap at $100,000), and all other seasonal promotions. ($300 fee for a year's worth of redemption) [to 31 Dec 2016] (Need to be HSBC Premier customer)
4. BoC Enrich World MC - 1 mile per $15 for local / overseas / octopus AAVS / bill payment, 1 mile per $5 for dining/travel/dept store, 1 mile per $3 for dining/travel/dept store if that month's accumulated spending is over $15000 ($50/5,000 miles min $100 max $300) (Need to be BoC Enrich (智盈理財) customer)
5. HSBC Advance Platinum Visa for 6X (select one category only below, 1 mile per $4.16 from 4 Jan 2016. Under this promotion, cap at $100,000), and all other seasonal promotions. ($300 fee for a year's worth of redemption) [to 31 Dec 2016] (Need to be HSBC Advance customer)
5. Citibank Ultima card - 1 mile per $4 for local / overseas / octopus (no fee) (Need to be Citigold Private Client customer AND by Invitation only)
6. SCB Priority Banking Visa Infinite - $7.5 per mile for local spending ($15 per mile for Insurance Spending (NOT BILL PAYMENT)) and Octopus, $5 per mile overseas spending ($300 flat redemption fee) (Need to be SCB Priority Banking customer) Note 2
7. BEA Supreme Gold World Master - 1 mile per $5 for local /overseas / Octopus / Bill Payment (Excluding the following categories: Education, Insurance and Tax) (no fee) (Need to be BEA Supreme Gold (顯卓理財) customer) Note 3
8. Shacom World Master - 1 mile per $8 local purchases / overseas / octopus ($10 per 1,000AM min $100 max $500) (Need to be Shacom SMART Banking (慧通理財) customer)
9. CCB HK Visa Infinite - 1 mile per $8 spent for Local Spending / Overseas Spending / Octopus / Bill payment ($50 per 5,000 miles AM min $100) (Need to be CCB Premier Banking (貴賓理財) / Premier Select (貴賓晉裕) customer)

Full list:

I. Overseas
** ++ 1. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature) / $4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent (select Overseas Spending category ONLY) / $6.25 (HSBC Visa Signature) spent (DO NOT select Overseas Spending category) ($300 fee for a year's worth of redemptions)
2. [to 30 April 16] (if online) DBS Eminent - 1 mile per $15 + 6% spending credit rebate (Minimum any spending (online spending inclusive) $5,000 per month, maximum rabate $300 (i.e.online spending $5,000) per month) (no fee) - *registration required*
3. [to 31 Dec 16] (if ONLINE / PAYWAVE) CCB HK eye Card - 1 mile / $2.14 (inclusive of 5X online bonus, cap at $75000 per calender year and (2X extra overseas bonus, cap at $75000 per membership year ) ($50 per 5,000 miles AM min $100)
^ 4. [to 29 Feb 16] Fubon Platinum / Titanium - 1 mile / $3 spent ($50/5,000AM min $250 max $500) (plus 167 Sure win miles if txn amt >$600)
Note: 1 mile per $0.6 for TWD spendings in Taiwan (max $10,000/year), and 1 mile per $1.5 for KRW and JPY spendings in Korea and Japan (Seperate registration needed, max $20,000/month, two months per calendar year max)
** ++ ^ 5. Citibank Prestige / Premiermiles - 1 mile per $4 spent (no fee)
^ 6. DBS Black World Master / Amex - 1 mile per $4 spent overseas (no fee)
** ++ 7. Amex CX Elite - 1 mile per $4 spent (automatic conversion)
^ 8. BEA Flyer World Master / Supreme Gold World Master - 1 mile per $5 (no fee)
9. CCB HK Platinum Visa / Platinum Master - 1 mile per $5 ($50 per 5,000 miles AM min $100)
** 10. [from 2 May 14] SCB Priority Banking Visa Infinite - 1 mile per $5 spent ($300 flat fee redemption)

^: DO NOT Award points for DCC Transactions

II. Supermarket, dept store, Telecommunications bills on autopay:
** ++1A . [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature)/$4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select Home Spending category ONLY) ($300 fee for a year's worth of redemptions)
** ++1B. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature)/$4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select Lifestyle Spending category ONLY) ($300 fee for a year's worth of redemptions)
** ++1C. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature)/$4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select Entertainment Spending category ONLY) ($300 fee for a year's worth of redemptions)
** ++2. Citibank Rewards - 1 mile / $3 spent ($50 fee per 5,000 mile redeemed) (on first $12,500 spending per statement month) Note 2
3. [to 31 Dec 16] (if ONLINE / PAYWAVE) CCB HK eye Card - 1 mile / $2.14 (inclusive of 5X online bonus, cap at $75000 per calender year and (2X extra overseas bonus, cap at $75000 per membership year ) ($50 per 5,000 miles AM min $100)

III. Dining
** ++1. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature) / $4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select Dining Spending category ONLY) ($300 fee for a year's worth of redemptions)
** ++1b. [From 4 Jan 2016] HSBC (non-Visa Signature, INCLUDING HSBC Premier World Master) (select Dining category) - 1 mile / $4.16 ($300 fee for a year's worth of redemptions)
** ++1c. [From 4 Jan 2016] HSBC Visa Signature (did not select Dining category) - 1 mile / $6.25 ($300 fee for a year's worth of redemptions)
2. DBS Platinum (Excluding ALL Co-Branded cards and Compass Cards) / Eminent - 1 mile / $5 ($50 per 5,000 miles redeemed, max $300)
3. BEA Flyer World Master - 1 mile / $5 (no fee)
Note: Restaurants in hotels sometimes are regarded as "Hotel" under V/M classification and thus ineligible for any dining promotions, using CUP can usually (but not always) get around this problem

IV. Travel agents:
** ++1. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature) / $4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select LifeStyle Spending category ONLY)/ $6.25 (HSBC Visa Signature NOT selecting LifeStyle Spending category)($300 fee for a year's worth of redemptions)
2. [to 30 April 16] (if online) DBS Eminent - 1 mile per $15 + 6% spending credit rebate (Minimum any spending (online spending inclusive) $5,000 per month, maximum rabate $300 (i.e.online spending $5,000) per month) + 4%selected rebate (with HK Airline, HK Express, Zuji, Priceline) (no fee) - *registration required*
3. CCB HK EYE (if online) - 1 mile per $2.14 spent (First $50,000 only) ($50 per 5,000 miles AM min $100)2. [to 31 Dec 16]

V. Other retail spending
1. [to 30 April 16] (if online) DBS Eminent - 1 mile per $15 + 6% spending credit rebate (Minimum any spending (online spending inclusive) $5,000 per month, maximum rabate $300 (i.e.online spending $5,000) per month) (no fee) - *registration required*
2. CCB HK eye Card - 1 mile per $3 ($50 per 5,000 miles AM min $100) (ONLINE or PAYWAVE Spending ONLY, else $15 per mile)
3. BEA Flyer World Master / BEA Supreme Gold World Master - 1 mile per $5 spent (no fee) Note 3
** 4. SCB WorldMiles AE - 1 mile per $5 spent ($300 flat redemption fee)
** ++ 5. Citibank Prestige - 1 mile per $6 spent (no fee)
6. Amex CX Elite - 1 mile per $6 spent (automatic conversion)
7. DBS Black World Master - 1 mile per $6 spent (no fee)
8. [to 28 Feb 16] Fubon Platinum / Titanium - 1 mile per $6 spent spending >=$300 on Saturdays and Sundays ($50/5,000AM min $250 max $500) (plus 167 Sure win miles if txn amt >$600 (if NOT ONLINE))
** 9. SCB Priority Banking Visa Infinite - 1 mile per $7.5 spent ($300 flat redemption fee)
109. CCB HK Premier Banking Visa Infinite - 1 mile per $7.5 spent ($50 per 5,000 miles AM min $100)
** ++ 11. Amex (Gold grade and higher) - 1 mile per $7.5 spent (to $160,000), $200 flat redemption fee). (1 mile per $3 spent for 5x shops and 1 mile per $1.5 spent for 10x shops)
** ++ 12. Citibank Premiermiles - 1 mile per $8 spent (no fee)
13. Shacom World Master / Platinum / Titanium / Diamond UnionPay - 1 mile per $8 spent ($10 per 1,000AM min $100 max $500)

VI. Bill payments (Excluding Tax or any payment to IRD)
VI A. General Bill Payments (EXCLUDING Insurance and Education)
1. BEA Flyer World Master / BEA Supreme Gold World Master - 1 mile per $5 spent on bill payment (Excluding the following categories: Education, Insurance) (no fee) Note 3
2. CCB HK Visa Infinite - 1 mile per $8 spent ($50 per 5,000 miles AM min $100)
3. Fubon Platinum / Titanium - 1 mile per $12 spent ($50/5,000AM min $250 max $500) (pre-registration required w.e.f. 15 Apr 2014)
4. CCB HK Platinum Visa / CCB HK Platinum Master / CCB HK Platinum Dual Currency UnionPay - 1 mile per $15 spent (Each Card Membership Year cap at 12 times of credit limit)
6. BoC Wealth Management Visa Infinite/BoC Platinum Visa/BoC Dual Currency Unionpay - 1 mile per $15 spent (Each Card cap at $10,000 per Month) ($50/5,000 miles min $100)
7. [From 4 Jan 2016] HSBC Platinum Visa / Advance Platinum Visa / Premier World Master / Visa Signature / Green Card - 1 mile per $25 spent
VI B. Education Bill Payments
1. CCB HK Visa Infinite - 1 mile per $8 spent ($50 per 5,000 miles AM min $100)
2. Fubon Platinum / Titanium - 1 mile per $12 spent ($50/5,000AM min $250 max $500) (pre-registration required w.e.f. 15 Apr 2014)
4. CCB HK Platinum Visa / CCB HK Platinum Master / CCB HK Platinum Dual Currency UnionPay - 1 mile per $15 spent (Each Card Membership Year cap at 12 times of credit limit)
5. BoC Wealth Management Visa Infinite/BoC Platinum Visa/BoC Dual Currency Unionpay - 1 mile per $15 spent (Each Card cap at $10,000 per Month) ($50/5,000 miles min $100)
6. [From 4 Jan 2016] HSBC Platinum Visa / Advance Platinum Visa / Premier World Master / Visa Signature / Green Card - 1 mile per $25 spent
VI C. Insurance Bill Payments
1. CCB HK Visa Infinite - 1 mile per $8 spent ($50 per 5,000 miles AM min $100)
2. CCB HK Platinum Visa / CCB HK Platinum Master / CCB HK Platinum Dual Currency UnionPay - 1 mile per $15 spent (Each Card Membership Year cap at 12 times of credit limit)
3. BoC Wealth Management Visa Infinite/BoC Platinum Visa/BoC Dual Currency Unionpay - 1 mile per $15 spent (Each Card cap at $10,000 per Month) ($50/5,000 miles min $100)
4. [From 4 Jan 2016] HSBC Platinum Visa / Advance Platinum Visa / Premier World Master / Visa Signature / Green Card - 1 mile per $25 spent

Note 1: Other issuers in Hong Kong DO NOT award bonus points for bill payment

VII. Octopus Automatic Add-Value
1. BEA Flyer World Master / BEA Supreme Gold World Master - 1 mile per $5 spent (no fee) Note 3
** ++ 2. Citibank Prestige - 1 mile per $6 spent (no fee)
3. Bankcomm Diamond Dual Currency Card - 1 mile per HK$6 spent for $500 recharges, 1 mile per HK$12 spent for $250 recharges ($100 flat redemption fee)
** 4. SCB Priority Banking Visa Infinite - 1 mile per $7.5 spent ($300 flat redemption fee)
5. CCB HK Visa Infinite - 1 mile per $8 spent ($50 per 5,000 miles AM min $100)
** ++ 6. Citibank Premiermiles - 1 mile per $8 spent (no fee)
7. Shacom World Master / Platinum / Titanium / Diamond UnionPay - 1 mile per $8 spent ($10 per 1,000AM min $100 max $500)

VIII. China Unionpay RMB spending

** ++1. [From 4 Jan 2016] HSBC Dual Currency Unionpay card - 1 mile per RMB4.16 spent (select China Spending category ONLY) ($300 fee for a year's worth of redemptions)
2. Bankcomm Diamond Dual Currency Card - 1 mile per RMB6 spent for restaurants or hotels spending >= RMB300, 1 per RMB12 spent other categories ($100 flat redemption fee)
3. BoC Dual Currency Unionpay Card - 1 mile per RMB15 spent ($50/5,000 miles min $100)

Note 2:
** can opt for Krisflyer miles in lieu
++ can opt for BAEC AVIOS in lieu
For HSBC, ONLY Premier World Master holders are able to opt for BAEC Avios and KrisFlyer Miles

Note 3:
BEA Supreme Gold World Master cardholders need to register in advance for the "BEA Mileage Reward" scheme during application (Supreme Gold account opening), or else pay $1800 penalty to register thereafter.

HK miles/hotel points earning ability
Refer to here
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Best credit card conversion rate to Asiamiles (HK) - 2015

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Old Oct 5, 2015, 8:28 pm
  #811  
 
Join Date: Jun 2004
Location: Hong Kong
Programs: CX MPC
Posts: 592
Originally Posted by percysmith
I'm definitely gonna move over to Home if 6X continues to next year because 6X is now devalued.
If 6X does continue and its anything like last time, HSBC will presumably only give those of us already enrolled a short window (week or two?) to change categories before automatically re-enrolling us in the same category as before.

Had been thinking of switching to overseas, because you can double dip when HSBC has these frequent promos on overseas spending. But now, with the devaluation, the regular 6X rate will be worse than using Fubon.

Perhaps I'll just stick with Home. Friday 11X bonus is a factor for me in choosing Home (since much easier to stack your supermarket spending on Fridays--by buying coupons--than in the other categories). Problem is that, if memory serves me right, last time HSBC didn't announce that Friday 11X bonus was continuing until after the category switching deadline had passed.
dannyhk is offline  
Old Oct 5, 2015, 9:57 pm
  #812  
 
Join Date: Nov 2014
Location: HK
Programs: Accor Gold, IHG Gold
Posts: 83
Question

Originally Posted by dgittings
If 6X does continue and its anything like last time, HSBC will presumably only give those of us already enrolled a short window (week or two?) to change categories before automatically re-enrolling us in the same category as before.

Had been thinking of switching to overseas, because you can double dip when HSBC has these frequent promos on overseas spending. But now, with the devaluation, the regular 6X rate will be worse than using Fubon.

Perhaps I'll just stick with Home. Friday 11X bonus is a factor for me in choosing Home (since much easier to stack your supermarket spending on Fridays--by buying coupons--than in the other categories). Problem is that, if memory serves me right, last time HSBC didn't announce that Friday 11X bonus was continuing until after the category switching deadline had passed.
I'm very happy with the Overseas 6X.
I hope I will have the same kind of promotion starting 2016.

In this case can somebody explain to me how to be eligible for a HSBC Signature card to enjoy 9X?
trashn is offline  
Old Oct 5, 2015, 10:16 pm
  #813  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,803
Originally Posted by dgittings
If 6X does continue and its anything like last time, HSBC will presumably only give those of us already enrolled a short window (week or two?) to change categories before automatically re-enrolling us in the same category as before..
In late 2013 they gave us 13 days to change choices http://www.hongkongcard.com/forum/fo...p?id=11458&p=1 #7 . Won't be immediate.

Originally Posted by dgittings
Had been thinking of switching to overseas, because you can double dip when HSBC has these frequent promos on overseas spending. But now, with the devaluation, the regular 6X rate will be worse than using Fubon.
Those promos limit to $10,000 per half year, and even you max it you gain 500RC per half year max on those promotions.

You gain 240RC for 6X overseas per half year for a total of 740RC or $1.35/AM spend on these spendings.

Originally Posted by dgittings
Perhaps I'll just stick with Home. Friday 11X bonus is a factor for me in choosing Home (since much easier to stack your supermarket spending on Fridays--by buying coupons--than in the other categories). Problem is that, if memory serves me right, last time HSBC didn't announce that Friday 11X bonus was continuing until after the category switching deadline had passed.
There was no change opportunity in end 2014 (last Friday 11X extension).

Can't you load up on coupons on Fri if you can use them yourself?
percysmith is online now  
Old Oct 6, 2015, 12:48 am
  #814  
 
Join Date: Jun 2004
Location: Hong Kong
Programs: CX MPC
Posts: 592
Originally Posted by percysmith
Can't you load up on coupons on Fri if you can use them yourself?
Yes, if they continue Friday 11X rewards, could definitely continue loading up with $9,000 of coupons on Fridays every quarter (or get my supplementary card holders to do so instead). But, with the devaluation, not sure if its worth sticking with Home if they scrap Friday 11X rewards, because the normal 5X rate will now be worse than Citibank Rewards (although I still haven't got around to applying for the Rewards card).

Interesting the devaluation only applies to AM (so far?). Perhaps another option would be to start using HSBC exclusively to earn Avios, and leave the AM earning to BEA, CCB, etc?
dannyhk is offline  
Old Oct 6, 2015, 1:30 am
  #815  
 
Join Date: Nov 2014
Location: HK
Programs: Accor Gold, IHG Gold
Posts: 83
Originally Posted by trashn
I'm very happy with the Overseas 6X.
I hope I will have the same kind of promotion starting 2016.

In this case can somebody explain to me how to be eligible for a HSBC Signature card to enjoy 9X?
I'm sorry, my comment is not very clear.

I was very happy with the Overseas 6X old rate.
Now I think my only alternative is the Signature 9X for Overseas to keep a proper rate.

2016 for HSBC customers is not a very good year.
trashn is offline  
Old Oct 8, 2015, 5:49 am
  #816  
 
Join Date: May 2012
Location: SIN
Programs: JL GC | Marriott LT Silver | Global Entry | SQ Silver
Posts: 6,819
Originally Posted by percysmith
UOB Singapore. lch.chester: lcpteck is our counterpart in the KF credit card forum. Welcome lcpteck
Sorry for the late reply, Hello percysmith.
lcpteck is online now  
Old Oct 8, 2015, 5:49 am
  #817  
 
Join Date: May 2012
Location: SIN
Programs: JL GC | Marriott LT Silver | Global Entry | SQ Silver
Posts: 6,819
Originally Posted by LchChester
Hi~Welcome lcpteck
Sorry for the late reply, hello LchChester.
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Old Oct 8, 2015, 5:50 am
  #818  
 
Join Date: May 2012
Location: SIN
Programs: JL GC | Marriott LT Silver | Global Entry | SQ Silver
Posts: 6,819
Initiated transfer of HSBC Rewards Points (Singapore) on 03 Oct 2015 and received in Asia Miles account on 05 Oct 2015.
lcpteck is online now  
Old Oct 12, 2015, 8:43 pm
  #819  
 
Join Date: Aug 2005
Location: US, CA, HK
Programs: UNITED 1P
Posts: 508
The HSBC 300 HKD annual fee for mileage program, is that per calendar year, or 12 months from date of enrolment? I thought it was 12 months from date but looks like system doesn't recognize my enrolment at end of last year.
nanirina is offline  
Old Oct 12, 2015, 8:56 pm
  #820  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,803
Will be billed on statement date of month of enrolment, and will run from 12 months hence.
percysmith is online now  
Old Oct 14, 2015, 10:41 pm
  #821  
 
Join Date: Aug 2005
Location: US, CA, HK
Programs: UNITED 1P
Posts: 508
Originally Posted by percysmith
Will be billed on statement date of month of enrolment, and will run from 12 months hence.
thx!! will call them up and ask...
nanirina is offline  
Old Oct 15, 2015, 9:52 pm
  #822  
 
Join Date: Aug 2005
Location: US, CA, HK
Programs: UNITED 1P
Posts: 508
remember last year HSBC ran a promo for converting into avios. Was it ard November? Does HSBC run something similar every year? Thx!
nanirina is offline  
Old Oct 16, 2015, 5:36 am
  #823  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,803
Originally Posted by nanirina
remember last year HSBC ran a promo for converting into avios. Was it ard November? Does HSBC run something similar every year? Thx!
They just did one from July-September. Maybe there is one for December-January similar to last year but no promises it'll happen.
percysmith is online now  
Old Oct 18, 2015, 9:55 pm
  #824  
 
Join Date: Aug 2005
Location: US, CA, HK
Programs: UNITED 1P
Posts: 508
Originally Posted by percysmith
They just did one from July-September. Maybe there is one for December-January similar to last year but no promises it'll happen.
thx!!Damn I missed it .... didn't come on the board often enough....
nanirina is offline  
Old Oct 19, 2015, 1:07 am
  #825  
 
Join Date: Mar 2009
Posts: 93
does the BEA Flyer World Master automatically transfer miles to your asiamiles acc or you do this manually?
alan945 is offline  


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