SCB Cathay MasterCard discussion
#46
Join Date: Sep 2005
Location: TPE / HSZ
Programs: CX GO (=SPH), IHG Diamond Amb, Hertz 5*, Accor, Hilton, National
Posts: 6,435
Maybe, or perhaps it is for you to take a guest. Existing mid-tier benefit for SL is 2 lounge vouchers, only available for guesting. Also, the SL membership is only available for those who apply before Sep. It is unclear how the this benefit will stay in the long run.
#47
Join Date: Jun 2018
Posts: 399
Actually they don't need to rush...Don't forget the travelling demand cannot resumed until 2024/2025...
#48
Join Date: Jun 2004
Location: HKG, NYC
Programs: CX Marco Polo Gold, Hilton Diamond, IHG Platinum Ambassador, Marriott Gold
Posts: 170
Maybe, or perhaps it is for you to take a guest. Existing mid-tier benefit for SL is 2 lounge vouchers, only available for guesting. Also, the SL membership is only available for those who apply before Sep. It is unclear how the this benefit will stay in the long run.
#49
#50
Join Date: Jan 2012
Location: HKG
Posts: 31
#51
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,671
SCB has put in a disloyalty clause (or generally a move everything out of Slide Cheap Bank when an offer is not in place clause)
Existing priority banking customers need to put in 500k new funds to qualify, even if they already have 1m at SCB
https://av.sc.com/hk/content/docs/hk-cx-priority-fund-in-requirements.pdf
Existing priority banking customers need to put in 500k new funds to qualify, even if they already have 1m at SCB
https://av.sc.com/hk/content/docs/hk-cx-priority-fund-in-requirements.pdf
Last edited by percysmith; Jul 8, 2021 at 9:41 am
#52
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,671
Also, whatever you fund in requirement is (Priority Banking $1M incl $0.5M new funds if you're not new banking customer, Priority Private Banking $8M), you're going to have to hold funds for three months.
https://av.sc.com/hk/content/docs/hk...ownloadnow.pdf
(by the way, anyone open this link with iPhone Safari and find they only have 7 pages instead of 16?)
- you have to meet funds requirement on application of the card (above)
- if you cut the card within 12 months of card issuance, SCB will ask CX to cancel your MPO SL/GO
- annual fee for your Priority Banking/Priority Private Banking is charged in the 3rd month of your card application (https://av.sc.com/hk/content/docs/hk-cx-t1-tnc.pdf and https://av.sc.com/hk/content/docs/hk-cx-t2-tnc.pdf), unless you have a waiver. You have a waiver if you still are a Priority Banking/Priority Private Banking customer at that time.
https://av.sc.com/hk/content/docs/hk...ownloadnow.pdf
(by the way, anyone open this link with iPhone Safari and find they only have 7 pages instead of 16?)
Last edited by percysmith; Jul 8, 2021 at 9:44 am
#54
Join Date: Dec 2000
Location: HKG
Programs: AA 3MM EXP, SQ Solitaire, LH SEN, CX DM, Hyatt CC, Marriott LT Titanium
Posts: 3,173
I'm not sure why any non existing SCB clients would want to pay the exorbitant annual fees for their private or priority cards.. Looking at the benefits, really quite useless for existing Gold or DM members who fly regularly (pre-covid)....
#55
Join Date: Sep 2005
Location: TPE / HSZ
Programs: CX GO (=SPH), IHG Diamond Amb, Hertz 5*, Accor, Hilton, National
Posts: 6,435
A transferable lounge voucher means you can transfer it to a redemption nominee of yours, and the nominee can then use it when not travelling with you.
#56
Join Date: Jan 2011
Posts: 2,323
I suspect it will be like the current SCB AM card, where it is waived "on a case by case basis". So you'll just have to call each year and see if CS will waive it, and if not, cut the card.
#57
Join Date: Aug 2016
Programs: CX Life Time,TG,
Posts: 254
Unbelievably useless. As a Life Time Diamond (renamed Invitation) member I had an AMEX card which I used regularly. That was cancelled, or rather converted to a new AMEX card which I shall cancel because I do not want to pay annual fees. I have not received any emails about a new card, perhaps I am too old. Anyway it does not bode well for the future of Cathay Pacific. Their ability to run the airline declines steadily and Swire have shown that they are not much cop at running anything else apart from property. Comes of moving Oxbridge graduates from tea plantations, to Cathay Tokyo reps, to PNG shipping managers, to Australian whatevers every three years, I guess. No wonder Merlin ran away to London when the going got tough.
#58
Join Date: Jan 2011
Posts: 2,323
Unbelievably useless. As a Life Time Diamond (renamed Invitation) member I had an AMEX card which I used regularly. That was cancelled, or rather converted to a new AMEX card which I shall cancel because I do not want to pay annual fees. I have not received any emails about a new card, perhaps I am too old. Anyway it does not bode well for the future of Cathay Pacific. Their ability to run the airline declines steadily and Swire have shown that they are not much cop at running anything else apart from property. Comes of moving Oxbridge graduates from tea plantations, to Cathay Tokyo reps, to PNG shipping managers, to Australian whatevers every three years, I guess. No wonder Merlin ran away to London when the going got tough.
With regards to lifetime diamond, unfortunately it's a case of "what have you done for me lately". They would love to get rid of the LT diamonds who contribute nothing to their bottom line now but expect special service or treatment. Of course, this is the fault of the airline (and I disagree with them, I feel Cathay should continue to offer LT status) but they probably only focus on current Diamond's who can spend and not those who spent money 25 years ago.
#60
Join Date: Aug 2016
Programs: CX Life Time,TG,
Posts: 254
CX HK. I used to fly on average 4 sectors per month, all business class until the pandemic hit. Admittedly I did not change time zones much, for medical reasons, but Australia is essentially in the same time zone as Hong Kong. I bought tickets (all business class) for my wife who sometimes travelled with me, and also for one of children who flew three times each year to and from Brisbane, so I certainly was more valuable than Mrs. Wong of Wong Tai Sin.