I have covered the new HSBC Premier World Elite Mastercard in some detail recently. It is a VERY attractive MasterCard product if you want to earn Avios.
There is a £195 annual fee but you will receive 40,000 Avios points for spending £12,000 in the first year. You also earn an unbeatable 1 Avios per £1 on your Mastercard AND get access to 500 airport lounges worldwide via LoungeKey. Full details can be found here.
The standard HSBC Premier Mastercard is also attractive. As you can see here, the card is free – albeit there is no sign up bonus – and you earn 0.5 Avios for every £1 you spend.
Join HSBC Premier
The only snag with these cards is that you must have a HSBC Premier current account.
HSBC Premier has tough eligibility criteria. See here and click on the Eligibility button to see the details.
As well as opening a HSBC Premier current account, you must ALSO have £50,000 invested with HSBC, either in a savings account or via an investment product.
Alternatively, if you earn over £100,000, you qualify if you just have a HSBC mortgage or any investment or insurance product.
If you earn six figures and are attracted by the HSBC Premier credit card package, there is a new bribe available to persuade you to switch.
HSBC will pay you £200 if you open a Premier current account before 10th July and switch at least 2 standing orders or direct debits across to it. £150 is paid within 30 days and the final £50 after 12 months.
Once your Premier bank account is open, you will be able to apply for either the HSBC Premier or HSBC Premier World Elite credit cards and start earning Avios, or other airline miles, at the generous HSBC rates.
Want to earn more points from credit cards? – March 2021 update
If you are looking to apply for a new credit or charge card, here are our March 2021 recommendations based on the current sign-up bonus.
Until 9th April 2021, American Express is running the biggest sign-up bonuses ever seen on a UK payment card.
You will earn 100,000 Membership Rewards points on American Express Business Platinum (apply here) and 50,000 Membership Rewards points on American Express Business Gold (apply here) which is FREE for your first year. Points transfer 1:1 into Avios. Here are links to our reviews:
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:
American Express Business Platinum
100,000 points sign-up bonus – SPECIAL OFFER TO 9th APRIL – and a long list of travel ….. 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
Disclaimer: Head for Points is a journalistic website. Nothing here should be construed as financial advice, and it is your own responsibility to ensure that any product is right for your circumstances. Recommendations are based primarily on the ability to earn miles and points and do not consider interest rates, service levels or any impact on your credit history. By recommending credit cards on this site, I am – technically – acting as a credit broker. Robert Burgess, trading as Head for Points, is regulated and authorised by the Financial Conduct Authority to act as a credit broker.