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Best credit card conversion rate to Asiamiles (HK) - 2014 and prior

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Old Nov 29, 2013, 8:45 pm
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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
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Best credit card conversion rate to Asiamiles (HK) - 2014 and prior

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Old May 2, 2012, 7:49 pm
  #241  
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Originally Posted by kaka
*** can opt for Krisflyer miles in lieu
### ShaComm includes all cards under the titanium/platinum brand (inc co-branded ones), and imposes a 400,000 BONUS points to the dining and foreign spending categories. Method of calculating bonus points please refer to post #238. 1) 1 BONUS points for forex spending per $spent, and 2) 8 BONUS points for >=$500 on PH transactions per $spent will be included in the 400,000 BONUS points cap. The 2x points for basic dining transactions and the 2x(of the 3x total) forex spending are not included in the points cap.
Looks correct, thanks.

Originally Posted by kaka
you probably meant 3x FX and 10x WE Dining >=$500, right?
Yes.
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Old May 2, 2012, 7:54 pm
  #242  
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Originally Posted by kaka
unless you are churning it, otherwise isnt citibank rewards including those at $5/mile(+conversion fee)?
Supermarket, dept store yes --> can go into the Citi Rewards after 31 Dec 12

Dining, no --> needs to go into DBS Plat (I spend a lot on Visa-only dining).
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Old May 2, 2012, 9:28 pm
  #243  
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Originally Posted by percysmith
Supermarket, dept store yes --> can go into the Citi Rewards after 31 Dec 12

Dining, no --> needs to go into DBS Plat (I spend a lot on Visa-only dining).
Supermarket/dept store to citi rewards after 30/june/12 (shacomm scheme ends then, changing to the new dinign scheme)
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Old May 3, 2012, 1:42 am
  #244  
 
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As you may know I am going to pay off my wedding banquet bill using various cards, may I confirm the miles that I could get with the following arrangements?
***Assuming the same expenditure can earn AM from both welcoming and special promotion

Total: $110,000

1) WLB $60000
--> 5000AM (welcoming) + 15000AM ($4=1AM promotion)

2) Citi PremierMiles $50000
--> 15000AM (welcoming) + 7470AM ($6=1AM promotion for over $25000)
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Old May 3, 2012, 2:16 am
  #245  
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Wirelessly posted (Mozilla/5.0 (iPhone; CPU iPhone OS 5_0_1 like Mac OS X) AppleWebKit/534.46 (KHTML, like Gecko) Version/5.1 Mobile/9A405 Safari/7534.48.3)

Shacom good now - 62,500 miles for $50,000 spending, if paid on Sunday/p.h. in payment of st least $500 (no daily/weekly/monthly cap).

You have to do some guesswork whether shacom classifies your merchant as restaurant and event as not banquet.

Merchant classification: yes - non-hotel restaurants, restaurants outside big chains (up to about mandarin oriental and peninsula in size); no - big chain hotels like Marriott, shangri-la, ritz Carlton and four seasons, transactions processed outside of the restaurant.

I'm not sure how shacom determines banqueting event. Spending type shown on slip maybe, see if the merchant can show u some recent slips (merchant copy) at the cashier.
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Old May 3, 2012, 2:24 am
  #246  
 
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Originally Posted by percysmith
Wirelessly posted (Mozilla/5.0 (iPhone; CPU iPhone OS 5_0_1 like Mac OS X) AppleWebKit/534.46 (KHTML, like Gecko) Version/5.1 Mobile/9A405 Safari/7534.48.3)

Shacom good now - 62,500 miles for $50,000 spending, if paid on Sunday/p.h. in payment of st least $500 (no daily/weekly/monthly cap).

You have to do some guesswork whether shacom classifies your merchant as restaurant and event as not banquet.

Merchant classification: yes - non-hotel restaurants, restaurants outside big chains (up to about mandarin oriental and peninsula in size); no - big chain hotels like Marriott, shangri-la, ritz Carlton and four seasons, transactions processed outside of the restaurant.

I'm not sure how shacom determines banqueting event. Spending type shown on slip maybe, see if the merchant can show u some recent slips (merchant copy) at the cashier.
So you mean I may or may not get the extra miles with ShaCom due to merchant classification, but I shall be able to get the miles as posted before with WLB+Citi PremierMiles?
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Old May 3, 2012, 3:13 am
  #247  
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Wirelessly posted (Mozilla/5.0 (iPhone; CPU iPhone OS 5_0_1 like Mac OS X) AppleWebKit/534.46 (KHTML, like Gecko) Version/5.1 Mobile/9A405 Safari/7534.48.3)

Yep
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Old May 3, 2012, 1:20 pm
  #248  
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and if you can sneak through Shacom's "banquet", it's capped at 50000 HKD until year end.

edit: sorry PS you're right.it just got stuck in my head!

Last edited by kaka; May 4, 2012 at 12:32 am
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Old May 3, 2012, 5:53 pm
  #249  
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Originally Posted by kaka
and if you can sneak through Shacom's "banquet", it's capped at 40000 HKD until year end.
Advice I got from Shacom Marketing was $50,000, since the "basic 2X for dining" is not counted, hence 400,000 extra bonus points / 8X = $50,000.

Last edited by percysmith; May 3, 2012 at 6:10 pm
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Old May 7, 2012, 3:57 am
  #250  
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SCB Platinum - Up to $1,000 cash coupon (or $500 coupon and 7,000AM) 10 Apr-31 May

How did we miss this?
http://www.standardchartered.com.hk/...lcome-gift/en/

$500 coupon for spending $4,800 in first two months
5X SCB points on first $25,000 spending in first three months

1,000 coupon:
$500 coupon for spending $4,800 in first two months
125,000 pts for spending $25,000 in first three months (additional $20,200, as above $4,800 counted into $25,000) --> $500 coupon

7,000AM
Spend $22,400 --> 112,000 SCB points
112,000 SCB points = 28,000 MoneyBack points (28 transfers of 4,000 SCB points) (this must be done over three days at kiosks)
28,000 MB points = 7,000 miles (70 transfers of 400 MB points) (this can be done on the last day, in one go)

You can spend up to $25,000 under the 5X welcome offer, but any excess between $22,400 and $25,000 cannot be converted to miles - you have to spend the MB in Park'N'Shop.

At $22,400, $3.2/mile, on any spending except bill payment - not bad.


kaka pls update offers welcome list - not a terrific miles welcome offer but there's the $500 Park'N'Shop "kicker" to make it worthwhile.
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Old May 9, 2012, 5:48 am
  #251  
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Amex to charge $240 for Turbo Program on Platinum Credit cards w.e.f. August 2012

http://www.hongkongcard.com/forum/fo...hp?id=7179&p=1

Will be charged on your next renewal (previously waived for Platinum Credit).

Last edited by percysmith; May 9, 2012 at 5:55 am
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Old May 16, 2012, 10:19 pm
  #252  
 
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Originally Posted by percysmith
How did we miss this?
http://www.standardchartered.com.hk/...lcome-gift/en/

$500 coupon for spending $4,800 in first two months
5X SCB points on first $25,000 spending in first three months

1,000 coupon:
$500 coupon for spending $4,800 in first two months
125,000 pts for spending $25,000 in first three months (additional $20,200, as above $4,800 counted into $25,000) --> $500 coupon

7,000AM
Spend $22,400 --> 112,000 SCB points
112,000 SCB points = 28,000 MoneyBack points (28 transfers of 4,000 SCB points) (this must be done over three days at kiosks)
28,000 MB points = 7,000 miles (70 transfers of 400 MB points) (this can be done on the last day, in one go)

You can spend up to $25,000 under the 5X welcome offer, but any excess between $22,400 and $25,000 cannot be converted to miles - you have to spend the MB in Park'N'Shop.

At $22,400, $3.2/mile, on any spending except bill payment - not bad.


kaka pls update offers welcome list - not a terrific miles welcome offer but there's the $500 Park'N'Shop "kicker" to make it worthwhile.
What am I missing? I thought 112,000 SCB points (360deg points?) can be converted to Asiamiles at 15,000 SCB = 1000 Asiamiles. So why do you need to convert to money-back points and go through the trouble?

is it to avoid the HK$300 charge for the conversion to Asiamiles?
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Old May 17, 2012, 12:16 am
  #253  
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Originally Posted by fakecd
is it to avoid the HK$300 charge for the conversion to Asiamiles?
Yes of course:

112,000 pts = 7,000 miles and no fees

or via SCB redemption: 112,000 = 7,466 miles (you might need to build up to 120,000 pts really) less $300 fees.

If using $0.1/mile nominal value, the fees are really punitive foe extra miles gained.
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Old May 17, 2012, 2:42 am
  #254  
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Originally Posted by percysmith
http://www.hongkongcard.com/forum/fo...hp?id=7179&p=1

Will be charged on your next renewal (previously waived for Platinum Credit).
i've received this too... i'm even considering to kill this card - except the 1600 fees gives me a free CX AMEX, some MR points, and the food and cinema discount.
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Old May 17, 2012, 9:46 pm
  #255  
 
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Originally Posted by kaka
i've received this too... i'm even considering to kill this card - except the 1600 fees gives me a free CX AMEX, some MR points, and the food and cinema discount.
Me too. Was thinking of cutting this anyway so this made the decision easier. I already can't justify $1200 in annual fee for 7.5/1 which is not even close to market best so to charge even more doesn't make sense. Discounts not enough even over a year to justify it, as many other cards have similar discounts too.
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