Feb 14, 20, 3:22 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
Jun 29, 07, 7:17 pm
#1
Original Poster
Join Date: Oct 2000
Posts: 1,268
HSBC Premier World MasterCard
Looks like the launch of this premium product from HSBC.
http://www.us.hsbc.com/1/2/3/persona...ier/privileges
No foreign transaction fees for the life of your membership seems to be the major benefit.
It also has the benefit of the home&away program for dining, travel etc...
It seems to be based out of HK, but the offers are global or by country.
I always thought the HK HSBC credit card products were the most superior in term of benefits relative to UK or US HSBC credit products.
I would imagine one must be a HSBC Premier or Private Bank customer to be accepted? I don't think there are T&C online
http://www.us.hsbc.com/1/2/3/persona...ier/privileges
No foreign transaction fees for the life of your membership seems to be the major benefit.
It also has the benefit of the home&away program for dining, travel etc...
It seems to be based out of HK, but the offers are global or by country.
I always thought the HK HSBC credit card products were the most superior in term of benefits relative to UK or US HSBC credit products.
I would imagine one must be a HSBC Premier or Private Bank customer to be accepted? I don't think there are T&C online
Jun 30, 07, 3:48 pm
#2
Join Date: Jan 2005
Location: New York
Programs: AA Plat, CO Gold
Posts: 1,598
There was some discussion of this card in the "Best card for foreign exchange?" thread (around April 20):
http://flyertalk.com/forum/showthread.php?t=401958
Where are you seeing it's HK issued? At the bottom of the page you link, it says, "HSBC Premier World MasterCard Credit Cards are issued by HSBC Bank Nevada, N.A." That's their standard subprime credit card issuing arm. I hope they're hiring dedicated CSR for their premier customers rather than their usual ones.
http://flyertalk.com/forum/showthread.php?t=401958
Where are you seeing it's HK issued? At the bottom of the page you link, it says, "HSBC Premier World MasterCard Credit Cards are issued by HSBC Bank Nevada, N.A." That's their standard subprime credit card issuing arm. I hope they're hiring dedicated CSR for their premier customers rather than their usual ones.
Jun 30, 07, 4:02 pm
#4
Original Poster
Join Date: Oct 2000
Posts: 1,268
There was some discussion of this card in the "Best card for foreign exchange?" thread (around April 20):
http://flyertalk.com/forum/showthread.php?t=401958
Where are you seeing it's HK issued? At the bottom of the page you link, it says, "HSBC Premier World MasterCard Credit Cards are issued by HSBC Bank Nevada, N.A." That's their standard subprime credit card issuing arm. I hope they're hiring dedicated CSR for their premier customers rather than their usual ones.
http://flyertalk.com/forum/showthread.php?t=401958
Where are you seeing it's HK issued? At the bottom of the page you link, it says, "HSBC Premier World MasterCard Credit Cards are issued by HSBC Bank Nevada, N.A." That's their standard subprime credit card issuing arm. I hope they're hiring dedicated CSR for their premier customers rather than their usual ones.
If you click the home&away link it goes to a web page in HK, thus my conclusion that the program home&away is based out of HK. (I don't think I wrote that the card is HK issued by HSBC.)
Dec 30, 07, 9:24 pm
#5
Join Date: Apr 2005
Location: SFO
Programs: UA MM, SQ KrisFlyer, SPG/Marriott Titanium
Posts: 1,221
I am subscribed to that thread, but I guess I missed a web page link with more info such as the one I gave.
If you click the home&away link it goes to a web page in HK, thus my conclusion that the program home&away is based out of HK. (I don't think I wrote that the card is HK issued by HSBC.)
If you click the home&away link it goes to a web page in HK, thus my conclusion that the program home&away is based out of HK. (I don't think I wrote that the card is HK issued by HSBC.)
On one of my many visits to HKG, I wound up at a bookstore buying a bunch of books. I gave them my HSBC MC to pay and wound up with 30% off because they were running a promo. Yay discount! ^
The big draw for me was the "no foreign transaction fee". So this and my Cap One card are the cards that go with me when I fly overseas...
On a semi-related note, HSBC Premier membership means that you can visit any of the lounges worldwide. Free coffee, newspapers and a place to relax during the day. And maybe get some leads on investments!
Jan 17, 08, 12:13 pm
#6
Join Date: Dec 2007
Location: PDX
Programs: AA,DL,BA,UA,SPG, and any other free trip!
Posts: 1,803
EDIT: yep..even says on the page where you apply...so much for this card.
Last edited by mrx900; Jan 17, 08 at 12:45 pm Reason: question answered
Jan 18, 08, 8:21 am
#7
Join Date: Dec 2001
Location: Orlando, FL, USA
Posts: 2,398
Not only $100K is necessary, but their CD rates are very low. Only the Online Savings accounts at 4.25% (only $1 needed to open) seem mildly interesting. One should be able to do better than that with $100K to use.
Jan 18, 08, 6:01 pm
#8
Original Poster
Join Date: Oct 2000
Posts: 1,268
I know someone who has a Bank of Bermuda -- an HSBC Group bank-- Premier account with less than 25,000 in it on a consistent basis. Though it was set-up by this person's private banker by HSBC (Private Bank) in the US which supposedly has more than 100,000 in it. You probably have to have 100K to open, and then can reduce but they may catch on - especially when you have a dedicated relationship manager who knows thier clients well.
Feb 10, 08, 9:30 pm
#9
Join Date: Mar 2005
Posts: 183
Anyone have info on the rewards program with this card? Do you earn either points or cash back? It's unclear on their website:
A world-class rewards program with no points expiration or earnings cap
Earn a full 1% cash back on every credit card purchase
Redeem points for gift cards at over 40 popular retailers, or opt for cruises and vacation packages
A world-class rewards program with no points expiration or earnings cap
Earn a full 1% cash back on every credit card purchase
Redeem points for gift cards at over 40 popular retailers, or opt for cruises and vacation packages
Mar 15, 08, 12:54 pm
#10
Join Date: Apr 2005
Location: SFO
Programs: UA MM, SQ KrisFlyer, SPG/Marriott Titanium
Posts: 1,221
From what I can see on my statement, US$1.00 = 1 point. You can redeem the points for different rewards, such as trips, personal shopping, etc.
It's a very basic rewards program. I have this card because it doesn't charge a surcharge when I make purchases in foreign countries/currency. It also comes free with your Premier account.
It's a very basic rewards program. I have this card because it doesn't charge a surcharge when I make purchases in foreign countries/currency. It also comes free with your Premier account.
Anyone have info on the rewards program with this card? Do you earn either points or cash back? It's unclear on their website:
A world-class rewards program with no points expiration or earnings cap
Earn a full 1% cash back on every credit card purchase
Redeem points for gift cards at over 40 popular retailers, or opt for cruises and vacation packages
A world-class rewards program with no points expiration or earnings cap
Earn a full 1% cash back on every credit card purchase
Redeem points for gift cards at over 40 popular retailers, or opt for cruises and vacation packages
Mar 18, 08, 12:46 am
#11
Join Date: Aug 2007
Location: San Francisco
Programs: Hyatt Globalist, Hilton Diamond, UA 1K, Hertz Platinum
Posts: 286
From what I can see on my statement, US$1.00 = 1 point. You can redeem the points for different rewards, such as trips, personal shopping, etc.
It's a very basic rewards program. I have this card because it doesn't charge a surcharge when I make purchases in foreign countries/currency. It also comes free with your Premier account.
It's a very basic rewards program. I have this card because it doesn't charge a surcharge when I make purchases in foreign countries/currency. It also comes free with your Premier account.
Mar 18, 08, 6:05 am
#12
Join Date: Oct 2005
Location: Berkeley
Programs: Hilton, Marriott
Posts: 143
Mar 21, 08, 7:49 am
#14
Join Date: Oct 2005
Location: Berkeley
Programs: Hilton, Marriott
Posts: 143
"The Foreign Transaction Fee is 3% of the U.S. dollar amount on transactions made in a foreign currency."
Source: https://www.hsbcapply.com/TermsPopupCore.jst
Apr 5, 09, 2:32 pm
#15
Join Date: Mar 2008
Location: Suzhou, China
Posts: 44
The card is only good for forex transcations.... the rewards are lousy....
but it has no annual fee
home&away discount can be had with premier debit card, so not really an added benefit to their MC
their general service is excellent. you get pretty much everything for free, draft etc, also some branchs have dedicated premier line. you only need to maintain HSBC premier status in one country and you can open HSBC premier accounts in other countries without the minimum requirement.
but it has no annual fee
home&away discount can be had with premier debit card, so not really an added benefit to their MC
their general service is excellent. you get pretty much everything for free, draft etc, also some branchs have dedicated premier line. you only need to maintain HSBC premier status in one country and you can open HSBC premier accounts in other countries without the minimum requirement.
