Get 12,500 Avios (or Etihad, Cathay, Singapore miles) with the HSBC Premier credit card

I was surprised last year when HSBC added the ability to earn Avios points to the HSBC Premier Mastercard. I assumed that American Express, Lloyds and TSB had that contract tied down.

I was even more surprised to see the exceptionally generous earning rate of 1 Avios point per £1 spent. For a Mastercard or Visa – especially for a free one – that is very generous.

HSBC has even been running annual transfer bonuses – the one currently running is 25%. That makes the earnings rate 1.25 Avios per £1 if you had been saving up your points.

For comparison, the 2nd most generous Visa or Mastercard option for Avios points is the Tesco Clubcard Mastercard. That earns you 0.25 Clubcard points per £1, so 0.6 Avios.

To get the HSBC Premier Mastercard requires you to have a (free) HSBC Premier current account. The snag is that the income and investment hurdles are very high as I outline here.

If you do qualify, there is great news. HSBC is running its first ever sign-up bonus for the Premier Mastercard.

As outlined on this website all you need to do is sign up before November 30th and make one solitary purchase before December 31st.

In return, you will receive enough bonus points to convert into 12,500 Avios, Etihad Guest, Asia Miles or Singapore / Krisflyer miles. Alternatively, you could convert into £80 of shopping vouchers.

If you are an existing HSBC Premier customer, this seems like a no-brainer. If you are not but meet the qualifying criteria, this may be the carrot you need to move to HSBC. I have been a Premier customer ever since it launched and I have never had any issues with them.

---

Want to earn more points from credit cards? – April 2024 update

If you are looking to apply for a new credit card, here are our top recommendations based on the current sign-up bonuses.

In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.

You qualify for the bonus on these cards even if you have a British Airways American Express card:

You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.

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:

SPECIAL OFFER: Until 12th May 2024, the Capital on Tap Business Rewards Visa card is offering a bonus of 30,000 points, convertible into 30,000 Avios. You must have a Limited Company to apply. Click here to learn more and click here to apply.

For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending.