Best credit card coversion rate to Asiamiles in 2009? (For FTers based in HK)
Oct 16, 2011, 9:26 pm
#1231
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
With the HSBC Mannings-Promo on again (albeit on a much reduced 15x, compared to 40x during the Summer months, for which I have already received the Bonus Reward Cash 
), I guess many people are now overbuying stuffs from Mannings 
I intend to buy lots of stuffs too just to satisfy the maximum limit of 200 Reward Cash (ie: 3,000 miles).
On a more serious thought, HSBC has really been quite aggressive these past few months and that certainly urged me to keep the card despite having not been using it for the past few years, except for AAVS.
That should be the way for the largest consumer bank in HKG! Keep up your promo and we will continue to use your card!
), I guess many people are now overbuying stuffs from Mannings I intend to buy lots of stuffs too just to satisfy the maximum limit of 200 Reward Cash (ie: 3,000 miles).
On a more serious thought, HSBC has really been quite aggressive these past few months and that certainly urged me to keep the card despite having not been using it for the past few years, except for AAVS.
That should be the way for the largest consumer bank in HKG! Keep up your promo and we will continue to use your card!
Oct 17, 2011, 7:27 pm
#1232
Join Date: Apr 2001
Location: HKG/HND/OOL
Programs: QF Emerald. SQ Gold.
Posts: 3,170
Some people got selected promo for 40X from 10 Oct to 31 Oct http://www.hongkongcard.com/forum/fo...ow.php?id=5997
I who used the card a lot more didn't get the targetted 40x promotion. I registered for 15x and stocking up.
i guess they know whom to target effectively.
Oct 17, 2011, 8:10 pm
#1233
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
I just received my rebate for July-August, I have not received a target offer letter this month.
Oct 18, 2011, 9:44 am
#1234
Join Date: Jan 2000
Posts: 3,208
Is the Mannings 40x deal any good if you are starting off with 0 HSBC reward cash balance?
anyone else buy cash coupons to satisfy the max spend?
anyone else buy cash coupons to satisfy the max spend?
Oct 18, 2011, 6:34 pm
#1235
Join Date: Apr 2001
Location: HKG/HND/OOL
Programs: QF Emerald. SQ Gold.
Posts: 3,170
cash coupons/baby milk powders and some others are ineligible for this promotion fyg.
Oct 18, 2011, 6:38 pm
#1236
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
I suppose this behaviour's similar to Watsons, where for the SCB 10% rebate on weekends, Watsons only restocks coupons on Monday.
Oct 19, 2011, 9:20 pm
#1237
Join Date: Feb 2008
Posts: 21
Has anyone looked at this CCB Asia miles deal?
http://www.asia.ccb.com/hongkong/pro...iamiles_mkturl
looks great. Haven't figured out terms yet for after promotion period. Would appreciate your input. Thanks.
http://www.asia.ccb.com/hongkong/pro...iamiles_mkturl
looks great. Haven't figured out terms yet for after promotion period. Would appreciate your input. Thanks.
Oct 19, 2011, 9:56 pm
#1238
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
Has anyone looked at this CCB Asia miles deal?
http://www.asia.ccb.com/hongkong/pro...iamiles_mkturl
looks great. Haven't figured out terms yet for after promotion period. Would appreciate your input. Thanks.
http://www.asia.ccb.com/hongkong/pro...iamiles_mkturl
looks great. Haven't figured out terms yet for after promotion period. Would appreciate your input. Thanks.
http://www.hongkongcard.com/forum/fo...hp?id=5989&p=1
Not bad. But considering I earn 5,000 miles anyway for spending 20K on Unionpay (Bankcomm Unionpay $4/mile), the welcome gift's 5,000 miles or $500 at $0.1/Asia Mile (http://www.flyertalk.com/forum/catha...ying-club.html)
In comparison, Bankcomm's 11,000AM for $20,000 Unionpay spending https://www.asiamiles.com/am/en/earn...000ad21c39RCRD. The 11,000AM includes basic miles but does not include double miles for spending > $/RMB300 --> so the offer's 13,500 for $20,000 spending - 3,500 more miles than CCB's.
In comparison, Bankcomm's 11,000AM for $20,000 Unionpay spending https://www.asiamiles.com/am/en/earn...000ad21c39RCRD. The 11,000AM includes basic miles but does not include double miles for spending > $/RMB300 --> so the offer's 13,500 for $20,000 spending - 3,500 more miles than CCB's.
Oct 19, 2011, 10:15 pm
#1239
Suspended
Join Date: May 2006
Location: HKG
Programs: A3, TK *G; JL JGC; SPG,Hilton Gold
Posts: 9,952
I did. Sorry been too busy to make a duplicate posting here:
http://www.hongkongcard.com/forum/fo...hp?id=5989&p=1
http://www.hongkongcard.com/forum/fo...hp?id=5989&p=1
and (Bankcomm Unionpay $4/mile) is until year end only?
btw there is conversion fee even for the first 150000 offer, and caps at $300.
and: 1) $15/mile for ALL transactions
Bankcomm(txn>$300): $6/mile (local) or $4/mile (overseas and china dining/hotel). Conversion fee is $100/conversion.
so Bankcomm is a better card all together, but since its a diamond card it has higher salary threshold.
Last edited by kaka; Oct 19, 2011 at 10:26 pm
Oct 20, 2011, 12:34 am
#1240
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
You just can't earn the welcome offer.
Yeah but it applies for bill payment also. Imagine the thrill of earning 6K miles on $24K insurance bill payment (cannot be paid by regular card-present payment).
Same as BEA and Shacom (Shacom rounded up).
That's the downer. Don't use the card unless there's a 4X promo at least. CCB throws an offer or so every half year. Points last for three years.
I reckon I have to do two conversions - 1 shortly before 31 Dec 2011 (to convert all the points I can at 8pts/mile) and one at the end of next year.
Some Bankcomm promos (e.g. Bankcomm 3X Aug-Sep 11 http://www.flyertalk.com/forum/catha...l#post16927019) only reward points after after year end. So have to make one more redemption at the end of next year (18 months after card issue - time to churn).
As for Diamond vs Visa Platinum:
Bankcomm Diamond: 250K income/year http://www.bankcomm.com.hk/mediafile..._ASIAMILES.pdf
Bankcomm Plat: 250K income/year http://www.bankcomm.com.hk/mediafile...latinum_am.pdf
Last edited by percysmith; Oct 20, 2011 at 12:51 am
Oct 20, 2011, 1:10 am
#1241
Suspended
Join Date: May 2006
Location: HKG
Programs: A3, TK *G; JL JGC; SPG,Hilton Gold
Posts: 9,952
thanks for the analysis. but how "acceptable" is unionpay? at least for CCB there's a MC tag on. having a UP for foreign spending at $2/mile is not bad either... (for 1st 10K spending)
not gonna apply for the bankcomm UP for now... just hoping for a bad turnout so they need to do another promo when i can churn for welcome offer - having 2 welcome offers tgt isnt a great idea.
not gonna apply for the bankcomm UP for now... just hoping for a bad turnout so they need to do another promo when i can churn for welcome offer - having 2 welcome offers tgt isnt a great idea.
Last edited by kaka; Oct 20, 2011 at 1:23 am
Oct 20, 2011, 2:14 am
#1242
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
thanks for the analysis. but how "acceptable" is unionpay? at least for CCB there's a MC tag on. having a UP for foreign spending at $2/mile is not bad either... (for 1st 10K spending)
not gonna apply for the bankcomm UP for now... just hoping for a bad turnout so they need to do another promo when i can churn for welcome offer - having 2 welcome offers tgt isnt a great idea.
not gonna apply for the bankcomm UP for now... just hoping for a bad turnout so they need to do another promo when i can churn for welcome offer - having 2 welcome offers tgt isnt a great idea.
UP acceptability not great. Esp since there is a difference between HK and PRC Unionpay. Urbtix outlets, Four Seasons bars, some Mandarin Oriental bars and restaurants can't take HK Unionpay:
http://www.hongkongcard.com/forum/fo...ow.php?id=5820
http://www.hongkongcard.com/forum/fo...ow.php?id=5907
http://www.hongkongcard.com/forum/fo...ow.php?id=5958
Oct 20, 2011, 6:21 am
#1243
Join Date: Nov 2008
Programs: SQ QPP1, HYATT DIA, SPG GOLD, HH GOLD, IHG GOLD
Posts: 656
I have to use my Citibank PM to pay my annual insurance premium as my insurance agent said their company does not accept Union Pay 
So, using percysmith's example, the 24k annual insurance premium can only earn 3k AM instead of 6k AM
So, using percysmith's example, the 24k annual insurance premium can only earn 3k AM instead of 6k AM
Oct 20, 2011, 6:55 am
#1244
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
My insurer (Manulife) doesn't take Unionpay either, it's done via online bill payment against the Bankcomm Unionpay card. Bankcomm Unionpay can pay most PPS merchants.
Using online bill payment on Citibank PM earns no miles.
Oct 20, 2011, 8:45 am
#1245
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,800
I think Unionpay intended for Diamond > Platinum http://cn.unionpay.com/front.do, but it's not that obvious cos no bank except ABC offers both, and ABC's Diamond and Platinum offerings look similar.