Until 31st December, you will receive a 25% bonus when you transfer your points. This means that you will have received 1.25 Avios per £1 on your spending, an excellent result for a non-Amex card.
I cannot find the offer referenced on the HSBC website but cardholders received postal mailings for it yesterday. Based on last year, you will get the bonus even if you didn’t get the leaflet.
It isn’t easy to qualify for the HSBC Premier credit card. Whilst the credit card is free you need a HSBC Premier current account to apply. See here and click on the Eligibility button to trigger a pop-up.
Note that, unlike many ‘premium’ current accounts, HSBC Premier current accounts are also free. You don’t pay for the account or for the credit card.
There is no minimum income requirement if you have £50,000 invested with HSBC, either in a savings account or via an investment product. If you earn over £100,000, you qualify if you just have a HSBC mortgage or any investment or insurance product.
I’m not sure what the minimum investment is in an ‘investment product’ but I’m sure you could find something which would accept £1,000 or so. They may even treat ISA’s or fixed rate bonds as ‘investment products’ – the definition is not clear online.
Details of their credit card airline partners can be found here although there is no mention of the transfer bonus.
As the transfer bonus runs for so long, there is still time to push some spending through your HSBC Premier card during October and November and transfer the points across before the end of the year.
There is no bonus for Etihad, Asia Miles or KrisFlyer, it seems.
Want to earn more points from credit cards? – June 2021 update
If you are looking to apply for a new credit or charge card, here are our June 2021 recommendations based on the current sign-up bonus.
You can see our full directory of all UK cards which earn airline or hotel points here. Here are the other top current deals:
British Airways American Express
5,000 Avios for signing up, no annual fee and a companion voucher for spending £20,000 Read our full review
British Airways American Express Premium Plus
25,000 Avios and the UK’s most valuable credit card perk – the 2-4-1 companion voucher Read our full review
American Express Preferred Rewards Gold
Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review
The Platinum Card from American Express
30,000 points and an unbeatable set of travel benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 points bonus and the most generous non-Amex for day to day spending Read our full review
Earning miles and points from small business cards
If you are a sole trader or run a small company, you may also want to check out these offers.
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
American Express Business Platinum
40,000 points sign-up bonus and a long list of travel benefits Read our full review
British Airways Accelerating Business American Express
Earn both Avios and BA On Business points with your business spending Read our full review
Capital On Tap Business Rewards Visa
The most generous Avios Visa or Mastercard for a limited company Read our full review