Feb 14, 2020, 2:22 pm
Last edit by: TravelinSperry
HSBC (USA) Premier has eleven airline transfer partners, and two hotel chain partners. Cards issued in other countries may have different partners and transfer ratios
ONE WORLD
British Airways (Avios) 1:25:1
Iberia (Avios) 1:25:1
Qantas 1:1
Qatar Airways (Avios) 1.25:1
SKYTEAM
Flying Blue 1.25:1
STAR
Avianca 1.25:1
Eva Air 1.25:1
TAP Portugal 1:1
Turkish 1.25:1
INDEPENDENT
Aer Lingus (Avios) 1:25:1
Emirates 1:1
HOTELS
Accor 2:1
Wyndham 1.25:1
ONE WORLD
British Airways (Avios) 1:25:1
Iberia (Avios) 1:25:1
Qantas 1:1
Qatar Airways (Avios) 1.25:1
SKYTEAM
Flying Blue 1.25:1
STAR
Avianca 1.25:1
Eva Air 1.25:1
TAP Portugal 1:1
Turkish 1.25:1
INDEPENDENT
Aer Lingus (Avios) 1:25:1
Emirates 1:1
HOTELS
Accor 2:1
Wyndham 1.25:1
HSBC Premier World MasterCard
Apr 5, 2021, 8:51 am
#706
Join Date: Jan 2004
Location: MIA
Posts: 298
Just had someone reach out to me wanting to chat. I've never had anyone reach out to me since I opened my Premier account about two years ago.
I'm guessing this is just a sales pitch? I don't see why I'd move any other assets to HSBC since they are looking to potentially close up shop.
I'm guessing this is just a sales pitch? I don't see why I'd move any other assets to HSBC since they are looking to potentially close up shop.
I got the same message. Replied with a cordial answer and all I've heard is --crickets--
Apr 5, 2021, 12:47 pm
#707
Join Date: Apr 2012
Location: SFO
Programs: AS MVP Gold 75K, UA Gold, Marriott LTT, Avis President's Club
Posts: 1,539
I spoke with the Premier rep on Friday. It was my first time speaking to a Premier rep and I did find it helpful. One thing she noted was there is a savings account at 0.4% which is unadvertised and is better than HSBC Direct. I did also note I wasn't happy with the updates to the credit card which she understood. Overall a decent call.
Apr 6, 2021, 9:19 pm
#708
Join Date: Oct 2011
Posts: 44
I just noticed that the Premier World product page no longer advertises 10% off at Expedia and Agoda. I don't have this card (it's on my radar), so have any of you existing cardholders received any notice about this? I searched this thread and don't see any mention of it.
Apr 7, 2021, 6:16 am
#709
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,954
The Agoda offer seems to still be valid, requires booking through this link:
https://www.agoda.com/hsbcpremier
Not sure about the Expedia offer.
https://www.agoda.com/hsbcpremier
Not sure about the Expedia offer.
May 26, 2021, 6:06 pm
#711
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,954
USBC USA has reached an agreement to sell 80 Eastern US branches and most online accounts to Citizens Bank, and 10 Western branches to Cathay Bank.
Read more here: https://www.about.us.hsbc.com/news-a...retail-banking
FAQ: https://www.about.us.hsbc.com/hsbc-i...omer-resources
When: 2022 Source: transactions close between Dec 31, 2021 and March 30, 2022, pending regulatory approval.
HSBC USA is not selling all accounts: The balances remaining as continuing US WPB operations represent Premier, Jade and Private Banking customers, except Premier accounts with balances below $75,000 may be sold. Source: Exiting all Personal, Advance and certain Premier banking customers (those with balances below US$75k)
Read more here: https://www.about.us.hsbc.com/news-a...retail-banking
FAQ: https://www.about.us.hsbc.com/hsbc-i...omer-resources
When: 2022 Source: transactions close between Dec 31, 2021 and March 30, 2022, pending regulatory approval.
HSBC USA is not selling all accounts: The balances remaining as continuing US WPB operations represent Premier, Jade and Private Banking customers, except Premier accounts with balances below $75,000 may be sold. Source: Exiting all Personal, Advance and certain Premier banking customers (those with balances below US$75k)
Last edited by mia; May 27, 2021 at 4:41 am
May 26, 2021, 6:22 pm
#712
Join Date: Apr 2012
Location: SFO
Programs: AS MVP Gold 75K, UA Gold, Marriott LTT, Avis President's Club
Posts: 1,539
I guess the time has eventually come. Being on the west coast I've seen Cathay Bank but will likely close the account before its transferred to them. I have a Premier account but qualify on direct deposit. Seems like my account may or may not be sold?
May 26, 2021, 7:53 pm
#713
Join Date: Oct 2020
Location: NYC
Programs: Hyatt Globalist, GHA Titanium, AA Platinum Pro
Posts: 283
USBC USA has reached an agreement to sell 80 Eastern US branches and most online accounts to Citizens Bank, and 10 Western branches to Cathay Bank.
Read more here: https://www.about.us.hsbc.com/news-a...retail-banking
FAQ: https://www.about.us.hsbc.com/hsbc-i...omer-resources
When: 2022 Source: transactions close between Dec 31, 2021 and March 30, 2022, pending regulatory approval.
HSBC USA is not selling all accounts: The balances remaining as continuing US WPB operations represent Premier, Jade and Private Banking customers, except Premier accounts with balances below $75,000 may be sold. Source: Exiting all Personal, Advance and certain Premier banking customers (those with balances below US$75k)
Read more here: https://www.about.us.hsbc.com/news-a...retail-banking
FAQ: https://www.about.us.hsbc.com/hsbc-i...omer-resources
When: 2022 Source: transactions close between Dec 31, 2021 and March 30, 2022, pending regulatory approval.
HSBC USA is not selling all accounts: The balances remaining as continuing US WPB operations represent Premier, Jade and Private Banking customers, except Premier accounts with balances below $75,000 may be sold. Source: Exiting all Personal, Advance and certain Premier banking customers (those with balances below US$75k)
"Exiting all retail business banking customers (small businesses with turnover of US$5m and under)"
May 26, 2021, 10:33 pm
#714
Join Date: Feb 2001
Location: SEA once more (previously CDG and NRT)
Programs: Former DL DM and UA 1k, now a J class free agent (UA Gold, AS MVP Gold)
Posts: 2,450
Have HSBC Premier accounts in both US and France. Having the US accounts switched to Cathay will make things much less convenient.
May 27, 2021, 1:22 am
#715
Join Date: Jan 2005
Location: If only I knew
Programs: Several of my own making in which I was recently fast-tracked to super-duper-über-elite status
Posts: 1,074
It was a relief for me that I won't have to scramble to find a suitable replacement for my UK account.
May 27, 2021, 9:03 am
#716
FlyerTalk Evangelist
Join Date: Aug 2009
Location: ZOA, SFO, HKG
Programs: UA 1K 0.9MM, Marriott Gold, HHonors Gold, Hertz PC, SBux Gold, TSA Pre✓
Posts: 13,811
USBC USA has reached an agreement to sell 80 Eastern US branches and most online accounts to Citizens Bank, and 10 Western branches to Cathay Bank.
Read more here: https://www.about.us.hsbc.com/news-a...retail-banking
FAQ: https://www.about.us.hsbc.com/hsbc-i...omer-resources
When: 2022 Source: transactions close between Dec 31, 2021 and March 30, 2022, pending regulatory approval.
HSBC USA is not selling all accounts: The balances remaining as continuing US WPB operations represent Premier, Jade and Private Banking customers, except Premier accounts with balances below $75,000 may be sold. Source: Exiting all Personal, Advance and certain Premier banking customers (those with balances below US$75k)
Read more here: https://www.about.us.hsbc.com/news-a...retail-banking
FAQ: https://www.about.us.hsbc.com/hsbc-i...omer-resources
When: 2022 Source: transactions close between Dec 31, 2021 and March 30, 2022, pending regulatory approval.
HSBC USA is not selling all accounts: The balances remaining as continuing US WPB operations represent Premier, Jade and Private Banking customers, except Premier accounts with balances below $75,000 may be sold. Source: Exiting all Personal, Advance and certain Premier banking customers (those with balances below US$75k)
I am surprised that HSBC will sell the bank by pieces...now offically R.I.P. - rest in pieces...(a slang common in Hong Kong).
HSBC is selling business in France as well...
May 27, 2021, 10:27 am
#717
Join Date: Dec 2007
Posts: 118
I was pretty dismayed to hear this. I am a "Premier" client, but only qualify via the direct deposit amount and not balance. Honestly, I am a pretty horrible customer because I just use HSBC as a depot to receive my payroll and then use free wires to get the money wherever it needs to go. It is pretty difficult to find a financial institution that offers unlimited free wires and does not ask a ton of questions to approve them. My wife's account was somehow marked as "Jade" at some point but had a similar form of operation, never holding a large balance.
May 27, 2021, 11:40 am
#718
Join Date: Apr 2012
Location: SFO
Programs: AS MVP Gold 75K, UA Gold, Marriott LTT, Avis President's Club
Posts: 1,539
I was pretty dismayed to hear this. I am a "Premier" client, but only qualify via the direct deposit amount and not balance. Honestly, I am a pretty horrible customer because I just use HSBC as a depot to receive my payroll and then use free wires to get the money wherever it needs to go. It is pretty difficult to find a financial institution that offers unlimited free wires and does not ask a ton of questions to approve them. My wife's account was somehow marked as "Jade" at some point but had a similar form of operation, never holding a large balance.
May 27, 2021, 11:41 am
#719
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,954
May 27, 2021, 11:52 am
#720
Join Date: Apr 2012
Location: SFO
Programs: AS MVP Gold 75K, UA Gold, Marriott LTT, Avis President's Club
Posts: 1,539
That is true. I guess one benefit of Chase is fee rebates on all international ATMs. I haven't looked to in-depth but can you even set up a self directed brokerage account with HSBC online and transfer securities on your own?
Last edited by JHake10; May 27, 2021 at 11:59 am