Best credit card coversion rate to Asiamiles in 2009? (For FTers based in HK)
Jul 20, 2011, 2:02 am
#931
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,802
BEA $200 for $2,000 spending offer 20/7 - 19/9
http://www.hongkongcard.com/forum/fo...ow.php?id=5574
$200 rebate per $2,000 spending over target, max $400 per month
Call 3608 6608 for target
My target is $4,500
So if I spend $8,500 with $4,000 in dining, I get $400 rebate - my rate 4.7% - OK!
Notes on T&C:
1. This time they did not ban "dining outlets in hotels". They did for March-May promotion
2. "purchase of cash coupons" still banned - tho how can they tell?!
3. Noted "spending in non-designated categories counted first" - OK.
4. Noted a. "the Cardholder will be given a spending target for each phase, which will be applicable to all Eligible Accounts" b. "Each Eligible Account will be entitled to receive the Reward separately" and c. "Transactions of different principal card accounts cannot be transferred or combined." - so using two BEA cards to max out this promotion OK.
Not OT - cos I still earn my usual $8/mile offer. But as a cash promotion I won't update my best earn rates list.
Jul 20, 2011, 7:37 am
#932
Suspended
Join Date: May 2006
Location: HKG
Programs: A3, TK *G; JL JGC; SPG,Hilton Gold
Posts: 9,952
i think it's just me but i do last minute holiday shopping quite often (esp without other friends). AM makes good option then. especially (gf and) i dont like to stay in the city where most packages are.
Jul 21, 2011, 2:51 am
#933
Join Date: Oct 1999
Location: HKG
Programs: CX DM, SQ, BA, TG, Sheba, VN, MPO since 1980
Posts: 1,058
Citibank Visa Platinum
just received latest offer
spend HKD 76k between 20/7/11 to 19/8/11 and earn up to 10,000 extra miles
1 Asiamile for every HK$ 4 local spending and HK$ 2 overseas spending !
Citibank is good with free auto crediting to Asiamiles account whereas HSBC etc charge yearly for this service Rewards -to - Asiamiles and also charge each time you transfer miles across.
just received latest offer
spend HKD 76k between 20/7/11 to 19/8/11 and earn up to 10,000 extra miles
1 Asiamile for every HK$ 4 local spending and HK$ 2 overseas spending !
Citibank is good with free auto crediting to Asiamiles account whereas HSBC etc charge yearly for this service Rewards -to - Asiamiles and also charge each time you transfer miles across.
Jul 21, 2011, 4:19 am
#934
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,802
Citibank Visa Platinum
just received latest offer
spend HKD 76k between 20/7/11 to 19/8/11 and earn up to 10,000 extra miles
1 Asiamile for every HK$ 4 local spending and HK$ 2 overseas spending !
Citibank is good with free auto crediting to Asiamiles account whereas HSBC etc charge yearly for this service Rewards -to - Asiamiles and also charge each time you transfer miles across.
just received latest offer
spend HKD 76k between 20/7/11 to 19/8/11 and earn up to 10,000 extra miles
1 Asiamile for every HK$ 4 local spending and HK$ 2 overseas spending !
Citibank is good with free auto crediting to Asiamiles account whereas HSBC etc charge yearly for this service Rewards -to - Asiamiles and also charge each time you transfer miles across.
Citibank Premiermiles is transfer fee-free, but Citibank Rewards incurs $50 transfer fee per 5,000 miles redeemed http://www.citibank.com.hk/global_do...p09.pdf#page=3
2. The offer you received - is it minimum spending $76,000 and maximum reward 10,000 mile?
$76,000 / $4 local spending per mile = 19,000 miles, $76,000 / $2 overseas spending per mile = 38,000 mile - both more than 10,000.
3. HSBC only charges for yearly access, not every time you transfer http://www.hsbc.com.hk/1/2/hk/cards/...pwscmd=mileage
Jul 21, 2011, 9:40 am
#935
Join Date: Oct 1999
Location: HKG
Programs: CX DM, SQ, BA, TG, Sheba, VN, MPO since 1980
Posts: 1,058
1. Citibank Visa Platinum - you mean Citibank Premiermiles (in HK, Premiermiles has always been Visa Platinum) or Citibank Rewards (the replacement card for Citibank (core) Platinum Visa)?
Citibank Premiermiles is transfer fee-free, but Citibank Rewards incurs $50 transfer fee per 5,000 miles redeemed http://www.citibank.com.hk/global_do...p09.pdf#page=3
2. The offer you received - is it minimum spending $76,000 and maximum reward 10,000 mile?
$76,000 / $4 local spending per mile = 19,000 miles, $76,000 / $2 overseas spending per mile = 38,000 mile - both more than 10,000.
3. HSBC only charges for yearly access, WRONG not every time you transfer http://www.hsbc.com.hk/1/2/hk/cards/...pwscmd=mileage
Citibank Premiermiles is transfer fee-free, but Citibank Rewards incurs $50 transfer fee per 5,000 miles redeemed http://www.citibank.com.hk/global_do...p09.pdf#page=3
2. The offer you received - is it minimum spending $76,000 and maximum reward 10,000 mile?
$76,000 / $4 local spending per mile = 19,000 miles, $76,000 / $2 overseas spending per mile = 38,000 mile - both more than 10,000.
3. HSBC only charges for yearly access, WRONG not every time you transfer http://www.hsbc.com.hk/1/2/hk/cards/...pwscmd=mileage
2 this is a bonus on top of the offer
3 quote as you wish - however I have the HSBC card " a minimum of HKD 40 will be charged for every transfer to an airline program"
this is in addition to HKD 300 a year to be in the Asiamiles /Krisflyer program
Jul 21, 2011, 12:38 pm
#936
Join Date: Dec 2002
Location: Hong Kong
Posts: 2,172
Is the HK76,000 your amount designated for you?
Jul 21, 2011, 5:37 pm
#937
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,802
Each transfer must be of a minimum of $40 RewardCash.
Jul 21, 2011, 8:29 pm
#938
Join Date: Oct 1999
Location: HKG
Programs: CX DM, SQ, BA, TG, Sheba, VN, MPO since 1980
Posts: 1,058
I have no idea whether the 76k is for me or for everyone as I do not see other people's mail.
"The Conversion rate is $1 RewardCash to 15 miles.
Mileage programme Cardholders must transfer a minimum of $40 RewardCash from their accounts each time a transfer is made to any participating airline's frequent flyer programme account"
Jul 21, 2011, 8:36 pm
#939
Join Date: Oct 2010
Location: Hong Kong
Programs: Marco Polo
Posts: 96
Marco Polo, could you please scan or copy verbatim the CitiBank offer?
Jul 21, 2011, 9:00 pm
#940
Join Date: Oct 1999
Location: HKG
Programs: CX DM, SQ, BA, TG, Sheba, VN, MPO since 1980
Posts: 1,058
[IMG]J:\citibankcardoffer.jpg[/IMG]
Jul 21, 2011, 9:02 pm
#941
Join Date: Oct 1999
Location: HKG
Programs: CX DM, SQ, BA, TG, Sheba, VN, MPO since 1980
Posts: 1,058
Jul 21, 2011, 9:02 pm
#942
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,802
If they don't charge RewardCash or the annual fee on a mile redemption then they'd be charging nothing at all.
Jul 21, 2011, 9:07 pm
#943
Join Date: Oct 1999
Location: HKG
Programs: CX DM, SQ, BA, TG, Sheba, VN, MPO since 1980
Posts: 1,058
Err...RewardCash to an HSBC HK credit card account are like bonus points on other cards like Premiermiles - HSBC doesn't have bonus points any more (abolished 2010).
If they don't charge RewardCash or the annual fee on a mile redemption then they'd be charging nothing at all.
If they don't charge RewardCash or the annual fee on a mile redemption then they'd be charging nothing at all.
so for every transfer to Asiamiles the cost is minimum 40 RewardCash x HK$ 250 spening (=$10k spending on the card)
Jul 21, 2011, 9:12 pm
#944
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,802
That's not a fee - that's a minimum transfer requirement - similar to Citibank Premiermiles min 6,000pt transfer/DBS min 12,000pt(or 48 DB$) transfer.
Jul 21, 2011, 9:16 pm
#945
Join Date: Oct 1999
Location: HKG
Programs: CX DM, SQ, BA, TG, Sheba, VN, MPO since 1980
Posts: 1,058