It just figures that a few weeks after I go and transfer a buttload of HSBC points to Krisflyer (fearful of an imminent Asiamiles devaluation after their recent spate of losses) HSBC goes and announces a bonus on Asiamiles transfers.
(why did I transfer my points instead of maximizing their validity by keeping them with HSBC? These points were earned through the Advance card, and I had to transfer them out by end of August or they’d turn into cashback. Kind of like a reverse Midas. I tried applying for a HSBC Revolution card so my Advance points would transfer over but the application system was so fussy I gave up)
From now till 30 September, transfer HSBC reward points to Asiamiles and you’ll get 18% additional miles.ย As a reminder, 5,000 HSBC points= 2,000 Asiamiles, so you’ll get 2,360 Asiamiles instead with this promotion.
Here’s the relevant terms and conditions:
- This Promotion is valid from 1 September to 30 September 2017 (both dates inclusive) (the โPromotional Periodโ).
- Upon successful conversion, qualified HSBC Cardholders will receive additional 18% Asia Miles credited to their Asia Milesโ account within 4 to 6 weeks after the Promotional period.
- Cardholder must be a Asia Miles member and enrolled in HSBC’s Mileage Programme.
- If you have not enrolled in HSBC’s Mileage Programme, clickย hereย for more details.
- General terms and conditions of HSBC’s Rewards Programme apply.
These transfer bonus promos are quite common in the States, but I can’t remember the last time we’ve seen one here. I wouldn’t call this the start of a trend, but we can always hope. One more reason not to jump the gun on your points transfers, I guess.
If you’re new to Asiamiles, try starting off with the primer I have here.
Thanks to Matthew for the tip!
Sometimes Citibank has similar promos for BA executive club
you’re right. Not publicised though, at least that was the case last time round. Waiting for my contact at avios to let me know when the next deal is
I didn’t transfer my points to my FFP from my Advance card as I also hold the Platinum Visa. I thought just let HSBC move from one basket to another. Imagine my horror to just find out that while the points in my Advance card have been wiped out, there is no similar credit to my Platinum Visa card. The customer service agent told me that it will be credited only at the END OF NOVEMBER – a full three months later. In the meantime, I have NO access to those points. Unbelievable!!