CX to Cut AMEX [confirmed], SCB Cards; New Replacement Bank TBD
Apr 13, 2020, 9:01 pm
#1
Original Poster
Join Date: Jan 2011
Posts: 2,346
CX to Cut AMEX [confirmed], SCB Cards; New Replacement Bank TBD
Just to be clear - this is a rumor, but a solid one from a reliable source, that CX is about to end its Asia Miles affiliated cards with American Express and Standard Chartered Bank. This is apparently because of a more financially appealing bid from a yet to be announced bank.
Wondering if anyone else has heard the same?
Wondering if anyone else has heard the same?
Apr 13, 2020, 10:40 pm
#2
Join Date: Jan 2005
Location: ...
Programs: CX DM / SQ PPS / VN Platinum
Posts: 1,078
that will suck if it means they also scrap their Corp Amex program
Apr 13, 2020, 11:11 pm
#3
Join Date: Oct 2013
Posts: 289
Bank from China seems stay away from CX group, not sure which non China bank group can give great offer to CX/AM, especially CX co-brand card.
Hope not Aeon
Hope not Aeon
Apr 13, 2020, 11:12 pm
#4
Join Date: Sep 2005
Location: TPE / HSZ
Programs: CX GO (=SPH), IHG Diamond Amb, Hertz 5*, Accor, Hilton, National
Posts: 6,437
Any possibility that it would be HSBC? I always thought that CX and HSBC are very close (and I believe HSBC is or used to be TPECX's preferred bank).
Apr 14, 2020, 12:31 am
#5
Join Date: Dec 2000
Location: HKG
Programs: AA 3MM EXP, SQ Solitaire, LH SEN, CX DM, Hyatt CC, Marriott LT Titanium
Posts: 3,180
Honestly the program with Amex was very weak.. There are other cards that earned Asiamiles at the same rate... Plus we all know that amex is accepted much less than visa or mastercard...
I wouldn't mind to get rid of the CX Amex card and apply for a new one, and hopefully earn the bonus offers that I'm sure will come with it...
I wouldn't mind to get rid of the CX Amex card and apply for a new one, and hopefully earn the bonus offers that I'm sure will come with it...
Apr 14, 2020, 12:40 am
#6
Original Poster
Join Date: Jan 2011
Posts: 2,346
It would take a significant bid from HSBC against StanChart and AMEX, not sure HSBC has it in them given their recent headwinds and focus on downsizing. I would personally think only Chinese banks could make such an irresistible offer but this is pure speculation.
Apr 14, 2020, 12:44 am
#7
Join Date: Oct 2013
Posts: 289
Just my 0.02:
CX may go to Citi (Welcome Home?!)
AM maybe DBS (DBS offered instance AM redeem, some just wild guess)
CX may go to Citi (Welcome Home?!)
AM maybe DBS (DBS offered instance AM redeem, some just wild guess)
Apr 14, 2020, 1:08 am
#8
Join Date: Sep 2005
Location: TPE / HSZ
Programs: CX GO (=SPH), IHG Diamond Amb, Hertz 5*, Accor, Hilton, National
Posts: 6,437
Apr 14, 2020, 1:31 am
#9
Join Date: Nov 2017
Location: Hong Kong
Programs: CX GO, Marriott Bonvoy Titanium, World of Hyatt Globalist & M life Gold
Posts: 56
Apr 14, 2020, 1:33 am
#10
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,807
My money on CCB
But if no Amex, Plaza Premium access good-bye.
But if no Amex, Plaza Premium access good-bye.
Apr 14, 2020, 2:21 am
#11
FlyerTalk Evangelist
Join Date: Dec 2004
Programs: CX Green, QF Platinum, BAEC Silver, Hyatt Glob
Posts: 10,780
Citi uses the fact you can transfer to many airlines as a big selling point. Somehow I feel they won’t give that away - I would expect a new contract with Citi would either make them stop transfers to other airlines or make the conversion rate for non CX transfers prohibitive.
Apr 14, 2020, 2:29 am
#12
FlyerTalk Evangelist
Join Date: Dec 2004
Programs: CX Green, QF Platinum, BAEC Silver, Hyatt Glob
Posts: 10,780
Just as a reference point, when the Citi contract ended, Citi sent out new cards to everyone all at once. At that time, cards had to be mailed by registered post, so there were huge queues at the GPO and other post offices for people to pick up their new Premiermiles cards (I think they went straight to that branding if my memory is correct).
This probably won’t happen again for Amex / SCB replacements as they allow cards to be delivered via normal post now.
This probably won’t happen again for Amex / SCB replacements as they allow cards to be delivered via normal post now.
Apr 14, 2020, 3:03 am
#13
FlyerTalk Evangelist
Join Date: Jul 2006
Location: Hong Kong, France
Programs: FB , BA Gold
Posts: 15,568
BA is negotiating with "its" credit card (including AMEX) to sell avios in advance at discount. Maybe CX is doing the same. The motivation is to get more cash.
Last edited by brunos; Apr 14, 2020 at 3:08 am
Apr 14, 2020, 3:55 am
#14
Join Date: Sep 2005
Location: TPE / HSZ
Programs: CX GO (=SPH), IHG Diamond Amb, Hertz 5*, Accor, Hilton, National
Posts: 6,437
Just as a reference point, when the Citi contract ended, Citi sent out new cards to everyone all at once. At that time, cards had to be mailed by registered post, so there were huge queues at the GPO and other post offices for people to pick up their new Premiermiles cards (I think they went straight to that branding if my memory is correct).
This probably won’t happen again for Amex / SCB replacements as they allow cards to be delivered via normal post now.
This probably won’t happen again for Amex / SCB replacements as they allow cards to be delivered via normal post now.
Apr 14, 2020, 3:56 am
#15
FlyerTalk Evangelist
Join Date: Dec 2004
Programs: CX Green, QF Platinum, BAEC Silver, Hyatt Glob
Posts: 10,780
When was the Citi CX card introduced? I remember when I first moved to HK, I had a Citi card which provided access to the United Airlines club at HKIA but I can't remember if it was the CX co-brand card, or some other card.