Nov 29, 2013, 8:45 pm
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
Best credit card conversion rate to Asiamiles (HK) - 2014 and prior
May 20, 2013, 10:29 pm
#916
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,801
It's out:
http://www.hongkongcard.com/forum/fo...p?id=10379&p=1
http://www.bankcomm.com.hk/tw/credit...ant_offer.html
http://www.bankcomm.com.hk/mediafile...f_16298_tc.pdf
Translation:
4 targets
and 3 phases
Target:
1. 4k-10k
2. 10k-20k
3. 20k-60k
4. >60k
Phases:
1. 21/5-20/6
2. 21/6-20/7
3. 21/7-20/8
Target and awards:.
1. 4k-10k (award 20k bonus points)
2. 10k-20k (award 40k bonus points).
3. 20k-60k (award 80k bonus points)
4. >60k (award HK Airline BKK tickets and 60k bonus points)
4-6 weeks and you will receive reward
if cannot meet spending target, handling charge:
Target 1: $180
Target 2: $260
Target 3: $420
Target 4: $2760
300,000 - select target 3 and include basic
target 1 quota: 750
target 2 quota: 700
target 3 quota: 700
target 4 quota; 50
min $400 per eligible spending
no telephone/mail/fax
internet ok but "direct merchants only" (e.g. groupon: no, airline direct: yes)
Each card registers and plays separately, so long as u get under the quota
Registration hotline.2132 9939
9:00AM Tue 21 May
http://www.hongkongcard.com/forum/fo...p?id=10379&p=1
http://www.bankcomm.com.hk/tw/credit...ant_offer.html
http://www.bankcomm.com.hk/mediafile...f_16298_tc.pdf
Translation:
4 targets
and 3 phases
Target:
1. 4k-10k
2. 10k-20k
3. 20k-60k
4. >60k
Phases:
1. 21/5-20/6
2. 21/6-20/7
3. 21/7-20/8
Target and awards:.
1. 4k-10k (award 20k bonus points)
2. 10k-20k (award 40k bonus points).
3. 20k-60k (award 80k bonus points)
4. >60k (award HK Airline BKK tickets and 60k bonus points)
4-6 weeks and you will receive reward
if cannot meet spending target, handling charge:
Target 1: $180
Target 2: $260
Target 3: $420
Target 4: $2760
300,000 - select target 3 and include basic
target 1 quota: 750
target 2 quota: 700
target 3 quota: 700
target 4 quota; 50
min $400 per eligible spending
no telephone/mail/fax
internet ok but "direct merchants only" (e.g. groupon: no, airline direct: yes)
Each card registers and plays separately, so long as u get under the quota
Registration hotline.2132 9939
9:00AM Tue 21 May
Now that I've registered all five of my cards I can spill the beans
Simply put, by selecting target 3, you can opt to spend nothing and pay $420 in cash for 80,000 pts --> 6,666.67 AM
420/666.67 = $0.063/AM is a steal for most of us here.
That's why we totally nailed the registration hotline by 9:30AM this morning.
If you're planning to kill this offer on Bankcomm Diamond card with coupons
And assuming you value AM at $0.1/mile
You earn 3,333.33 AM or $333.33 (1.67%) + $420 (2.1%) for $20,000 spending.
So CTF prices will have to be 963 or better for this to be worthwhile
If you are using the other Plat Visa/Yanchai Diamond cards, the AM earn halves (1,666.67 or $166.67 (0.83%)), so CTF prices have to be 971 or better.
Think of this offer as a $20,000 targeted spending offer for $420 reward, and add your Bankcomm earn and subtract your substituted card earn accordingly.
E.g. my colleague - he's thinking of using Bankcomm Diamond to pay $20,000 for furniture purchase and if his next best card is DBS Black, then definitely should use Bankcomm Diamond cos the $420 comes for free.
If I'm thinking of paying extra $20,000 banquet (HSBC 6X eligible) (it is, I've already paid the required deposit), my gain is 2.1% + 1.67% - 3.6% (HSBC 6X $2.78/mile) = +0.17% --> maybe not.
Last edited by percysmith; May 21, 2013 at 1:54 am
May 22, 2013, 8:12 pm
#917
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,801
$0.063/mile not a good deal?
May 22, 2013, 9:37 pm
#918
Suspended
Original Poster
Join Date: May 2006
Location: HKG
Programs: A3, TK *G; JL JGC; SPG,Hilton Gold
Posts: 9,952
We are only up to registration 71x as of yesterday afternoon (http://www.hongkongcard.com/forum/fo...p?id=10379&p=6 59#)...it's filling up slower than I thought.
$0.063/mile not a good deal?
$0.063/mile not a good deal?
May 22, 2013, 10:03 pm
#919
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,801
Again, proves that giving people crap earn rates but charging not fees (a la Citi Premiermiles) beats great earn rates but fees payable in HK.
May 23, 2013, 2:16 am
#920
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,801
SCB new Salarypack promos - 30K AM for >=80K payroll and $25K spend
http://www.citibank.com.hk/english/b...cmp=E-BK-CPAYA
Not strictly a credit card offer, but those of us who are eligible to apply for HK credit cards are likely to have HK payroll that can be moved over to Citi
Unlike previous Citi-At-Work cash rebate offers, payroll must be deposited via autopay or standing instruction only. Tho Citi has free T+3 Electronic Clearing transfer to other banks.
And Citi also has some recent history for not honoring offers:
http://www.hongkongcard.com/forum/fo...p?id=9774&p=11 #108
http://www.hongkongcard.com/forum/fo...ow.php?id=9351
Play this offer at your own risk. For payroll offers, at least a follow up call is often necessary before Citi will actually rebate/award.
Not strictly a credit card offer, but those of us who are eligible to apply for HK credit cards are likely to have HK payroll that can be moved over to Citi
Unlike previous Citi-At-Work cash rebate offers, payroll must be deposited via autopay or standing instruction only. Tho Citi has free T+3 Electronic Clearing transfer to other banks.
And Citi also has some recent history for not honoring offers:
http://www.hongkongcard.com/forum/fo...p?id=9774&p=11 #108
http://www.hongkongcard.com/forum/fo...ow.php?id=9351
Play this offer at your own risk. For payroll offers, at least a follow up call is often necessary before Citi will actually rebate/award.
http://www.hongkongcard.com/forum/fo...p?id=10474&p=1
http://www.standardchartered.com.hk/.../en/index.html
>20K salary + 18K card spending + 12 months' PfB: 15,000AM
>80K salary + 25K card spending + 12 months' PB: 30,000AM
If keep salary there for 12 months (as well as PB/PfB) >= 12 months, get $1,000 (80K salary) or $600 (20K salary) bonus
May 23, 2013, 2:39 am
#921
Join Date: Nov 2008
Programs: SQ QPP1, HYATT DIA, SPG GOLD, HH GOLD, IHG GOLD
Posts: 656
http://www.hongkongcard.com/forum/fo...p?id=10474&p=1
http://www.standardchartered.com.hk/.../en/index.html
>20K salary + 18K card spending + 12 months' PfB: 15,000AM
>80K salary + 25K card spending + 12 months' PB: 30,000AM
If keep salary there for 12 months (as well as PB/PfB) >= 12 months, get $1,000 (80K salary) or $600 (20K salary) bonus
http://www.standardchartered.com.hk/.../en/index.html
>20K salary + 18K card spending + 12 months' PfB: 15,000AM
>80K salary + 25K card spending + 12 months' PB: 30,000AM
If keep salary there for 12 months (as well as PB/PfB) >= 12 months, get $1,000 (80K salary) or $600 (20K salary) bonus
Sigh...too late for me though and I will definitely missed out on the 30k AM promo. This despite the fact that I will spend more than HK$100k on SCB AE within the next month
May 23, 2013, 3:09 am
#922
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,801
Wirelessly posted (Mozilla/5.0 (iPhone; CPU iPhone OS 5_1_1 like Mac OS X) AppleWebKit/534.46 (KHTML, like Gecko) Version/5.1 Mobile/9B206 Safari/7534.48.3)
Sigh...too late for me though and I will definitely missed out on the 30k AM promo. This despite the fact that I will spend more than HK$100k on SCB AE within the next month
Has to be exec plat or pb vi...
Originally Posted by MilesBuzz
http://www.hongkongcard.com/forum/fo...p?id=10474&p=1
http://www.standardchartered.com.hk/.../en/index.html
>20K salary + 18K card spending + 12 months' PfB: 15,000AM
>80K salary + 25K card spending + 12 months' PB: 30,000AM
If keep salary there for 12 months (as well as PB/PfB) >= 12 months, get $1,000 (80K salary) or $600 (20K salary) bonus
http://www.standardchartered.com.hk/.../en/index.html
>20K salary + 18K card spending + 12 months' PfB: 15,000AM
>80K salary + 25K card spending + 12 months' PB: 30,000AM
If keep salary there for 12 months (as well as PB/PfB) >= 12 months, get $1,000 (80K salary) or $600 (20K salary) bonus
Sigh...too late for me though and I will definitely missed out on the 30k AM promo. This despite the fact that I will spend more than HK$100k on SCB AE within the next month
May 23, 2013, 8:07 pm
#923
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,801
May 28, 2013, 5:20 pm
#924
Join Date: Nov 2008
Programs: SQ QPP1, HYATT DIA, SPG GOLD, HH GOLD, IHG GOLD
Posts: 656
Bonus pts for the BankComm 13x promo held Dec-Feb 2013 have been credited to my account. Nice 
May 28, 2013, 9:05 pm
#925
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,801
Is yours a Gogo Plat Visa / ING Visa that got 770,500 pts instead 770,000 (500 more points)?
Happened to my Gogo Visa and ING Visa but not old Plat Visa...wonder what it is (not complaining!)
May 28, 2013, 9:10 pm
#926
Join Date: Nov 2008
Programs: SQ QPP1, HYATT DIA, SPG GOLD, HH GOLD, IHG GOLD
Posts: 656
Mine is the Diamond CUP. Only 1 card
May 28, 2013, 9:11 pm
#927
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,801
Solved. New Plat Visa cards get 500 pts for registering email with Bankcomm. My old Plat Visa was from 2011.
May 28, 2013, 9:14 pm
#928
Join Date: Nov 2008
Programs: SQ QPP1, HYATT DIA, SPG GOLD, HH GOLD, IHG GOLD
Posts: 656
Wow.....impressive haul! I didn't even use up the 60k quota for this promo. Only used up 20k in Dec and a paltry amt in the next 2 months. Nevertheless, this promo still nets me 25k miles. Definitely not a bad one!
Jun 5, 2013, 12:38 am
#929
FlyerTalk Evangelist
Join Date: May 2000
Location: Little dot in Asia
Programs: AA-EP, TK-*G, HL-DM, HY-GLO, MR-LTP
Posts: 25,932
Any other promo for overseas spending for the HSBC cc that requires registration?
I'm about to charge about HK$24,000 onto my card but it will be a telephone sales which mean I am not there to sign the slip. I just want to double check that I will still get the 6x RC (though have registered it for 4x) overseas spending?
Thanks y'all !
I'm about to charge about HK$24,000 onto my card but it will be a telephone sales which mean I am not there to sign the slip. I just want to double check that I will still get the 6x RC (though have registered it for 4x) overseas spending?
Thanks y'all !
Jun 5, 2013, 2:48 am
#930
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,801
Wirelessly posted (Mozilla/5.0 (iPhone; CPU iPhone OS 5_1_1 like Mac OS X) AppleWebKit/534.46 (KHTML, like Gecko) Version/5.1 Mobile/9B206 Safari/7534.48.3)
No overseas spend promo for HSBC now. There's personalised mid May-June target but cash rebate only. And you need to achiever the reqd spending in both periods (half month, month) for it.
No overseas spend promo for HSBC now. There's personalised mid May-June target but cash rebate only. And you need to achiever the reqd spending in both periods (half month, month) for it.