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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 Dec 19, 2015, 3:44 am
  #1036  
 
Join Date: Jun 2004
Location: Hong Kong
Programs: CX MPC
Posts: 592
Originally Posted by percysmith
SCB Visas only, this includes their Plat and VI

Ignore the 5% and "10%" (4.5%) offer, only the 30K AM for $50K spend is worth your while.

Must register and spend on Visa card.

No point playing card sea as SCB will only award one parcel of 30,000 AM per HKID.
Does the Standard Chartered promo require you to spend 50K in a one month phase (i.e. either between 15 Dec to 14 Jan or between 15 Jan to 14 Feb? Or simply 50K across the whole two months of the promo? The term used in the T&C is 50K in "either phase", which might suggest you have to spend it in a one month period? Also is cash advance a viable strategy for this Standard Chartered promo?
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Old Dec 19, 2015, 5:47 am
  #1037  
sxc
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Join Date: Dec 2004
Programs: CX Green, QF Platinum, BAEC Silver, Hyatt Glob
Posts: 10,780
It reads to me that the $50k must be spent in either of the one month periods.
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Old Dec 19, 2015, 6:01 am
  #1038  
sxc
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Join Date: Dec 2004
Programs: CX Green, QF Platinum, BAEC Silver, Hyatt Glob
Posts: 10,780
Received this item into my asiamiles account:

Citibank PremierMiles Offer Jul-Sep 2015

Anyone remember what this was?
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Old Dec 19, 2015, 7:05 am
  #1039  
 
Join Date: May 2009
Programs: BA- GGL, Hyatt-GLB, Marriott- AMB
Posts: 284
Originally Posted by maya1005
Thanks Percy!

I guess your mean "Fubon" instead of"Rubin" in your Answer #3?

So, based on your answers, I think my strategy is as follows:

1. load up on SCB VI up to HK$50,000 to get the 30,000 miles.
2. all overseas spend go to: (i) HSBC up to HK$100,000; and (ii) the rest to Fubon (assuming no cap).
3. all local dining go to hubby's HSBC.
4. all other local spend go to BEA Flyerworld MC.
5. DBS Black MC as fall-back card for all of above.

If you have anything to add, please let me know.

Thanks heaps, and merry Christmas!
If you haven't used up your Fubon Japan quota, and you have additional overseas spending of up to HKD 100,000 from Mar 1- Dec 31st, it probably makes more sense to load up your overseas spending on Fubon before Feb 29th, in the event Fubon doesn't renew their overseas $3 per mile. Post March 1st, you still have up to $100k with HSBC to play with.
Mafai is offline  
Old Dec 19, 2015, 8:17 am
  #1040  
 
Join Date: Jan 2011
Posts: 33
3 cards to use for spending in 2016

Thanks Percy and good point, Mafai!

Bummer about the SCB VI one-month spending period... will need to find excuses to buy more this month, haha.
maya1005 is offline  
Old Dec 19, 2015, 9:31 pm
  #1041  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,807
Originally Posted by dgittings
Does the Standard Chartered promo require you to spend 50K in a one month phase (i.e. either between 15 Dec to 14 Jan or between 15 Jan to 14 Feb? Or simply 50K across the whole two months of the promo? The term used in the T&C is 50K in "either phase", which might suggest you have to spend it in a one month period? Also is cash advance a viable strategy for this Standard Chartered promo?
Originally Posted by sxc
It reads to me that the $50k must be spent in either of the one month periods.
I think you're right. I've amended the post about the offer:

Originally Posted by percysmith
Edit 20 Dec: but there is a phase restriction - all 50K must be spent in one phase (15 Dec 15-14 Jan 16 *or* 15 Jan 16-14 Feb 16)
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Old Dec 20, 2015, 6:35 pm
  #1042  
 
Join Date: Jun 2004
Location: Hong Kong
Programs: CX MPC
Posts: 592
Originally Posted by percysmith
I think you're right. I've amended the post about the offer:
Still a good deal if you can figure out how to consolidate 50K spending into one of the two phases (maternity or other medical bills?)
dannyhk is online now  
Old Dec 20, 2015, 8:07 pm
  #1043  
 
Join Date: Aug 2012
Posts: 755
Don't forget that you can spend $2000 on dining with the SCB to earn an extra 12x points.
LchChester is offline  
Old Dec 20, 2015, 8:50 pm
  #1044  
FlyerTalk Evangelist
 
Join Date: Oct 2011
Location: Anywhere I need to be.
Programs: OW Emerald, *A Gold, NEXUS, GE, ABTC/APEC, South Korea SES, eIACS, PP, Hyatt Diamond
Posts: 16,046
Originally Posted by Kitaka
Thanks Percy! Wish that I could have such an analytical brain! Hope you don't mind but I have another quick question, I've also signed up for Instant Travel Club for CCB. Can I earn the points from both programs? Thank you!!
Analytics becomes very easy when you work with big data all the time, and must use said data to execute marketing campaigns
(as well for any consumer seeking to maximise value, as in our case )
AA_EXP09 is offline  
Old Dec 20, 2015, 11:09 pm
  #1045  
 
Join Date: Feb 2005
Location: Hong Kong
Posts: 2,068
Originally Posted by dgittings
Still a good deal if you can figure out how to consolidate 50K spending into one of the two phases (maternity or other medical bills?)
To get up to the 50k spend, worthwhile to include foreign spend? Or not worth it, and skip the promotion?
theworld is offline  
Old Dec 20, 2015, 11:26 pm
  #1046  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,807
Well you've got to fit your spending to fulfil at least one promo somewhere:

HSBC: 15 extra (150 post-devaluation AM) for every $500 spent overseas. At $5K HSBC will throw in $300 supermarket coupons. At $7K you max out.

CCB 939 (if selected): 5,000 extra AM for $12,800 spent local and overseas

SCB: 30K extra AM for $50K spent local and overseas

Plus whatever base rate you earn on the cards ($5/mile for CCB overseas, $15/mile for SCB Plat Visa and $16.67/mile (adjusted for Rewards Of Your Choice, Visa Signature and/or 2% selected customer multipliers) for HSBC.
percysmith is online now  
Old Dec 22, 2015, 5:22 pm
  #1047  
 
Join Date: Jul 2014
Posts: 144
Does anyone ever recall if BEA flyerworld ever offer a conversion bonus to Asia Miles? I got some I want to transfer soon but no point holding off unless they have offered this bonus before?

thanks
twonga is offline  
Old Dec 22, 2015, 6:26 pm
  #1048  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,807
Never BEA-specific. But with fee free conversions I'm waiting for another all-cards mega miles to convert. Otherwise I will convert them as needed only.
percysmith is online now  
Old Dec 22, 2015, 9:25 pm
  #1049  
 
Join Date: Aug 2011
Location: Hong Kong, Basel
Programs: IHG Rewards, ANA Mileage Club, AsiaMiles
Posts: 57
If I book accommodation via hotels.com (HK site), does that count as local or overseas spend? I'm thinking it counts as overseas, but would just like to confirm. If local, I'd like to use it for the HSBC local Christmas offer. Thanks!
Kitaka is offline  
Old Dec 22, 2015, 10:09 pm
  #1050  
 
Join Date: Jul 2014
Posts: 144
Originally Posted by percysmith
Never BEA-specific. But with fee free conversions I'm waiting for another all-cards mega miles to convert. Otherwise I will convert them as needed only.
Good point! Maybe i will wait too then!

Thanks
twonga is offline  


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