Back in October, HSBC Premier MasterCard launched its partnership with British Airways Executive Club. You can now transfer your Premier Rewards points into Avios, as well as a number of other airlines.
Full details of the HSBC / Avios partnership are here. Unfortunately, due to the very strict financial requirements to receive the HSBC Premier MasterCard, it is not something that is suitable for most of us.
The normal earning rate is 1 Avios per £1 spent. HSBC was offering a 30% transfer bonus on transfers made by 30th November.
This has now been extended to 31st December. You are effectively getting 1.3 Avios for every £1 spent on your MasterCard, which is an excellent result.
(To see our complete list of all current credit card bonuses, click here to visit our ‘Credit Cards Update’ page or use the link in the menu bar at the top of the page.)