HSBC Premier offering you £200 to switch – and get the best Avios non-Amex credit card
Links on Head for Points may support the site by paying a commission. See here for all partner links.
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 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:
Barclaycard Avios Plus Mastercard
Get 25,000 Avios for signing up and an upgrade voucher at £10,000 Read our full review
Barclaycard Avios Mastercard
5,000 Avios for signing up and an upgrade voucher at £20,000 Read our full review
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.
British Airways American Express Premium Plus
25,000 Avios and the famous annual 2-4-1 voucher Read our full review
American Express Preferred Rewards Gold
Your best beginner’s card – 20,000 points, FREE for a year & four airport lounge passes Read our full review
The Platinum Card from American Express
40,000 bonus points and a huge range of valuable benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 bonus points and 1.5 points for every £1 you spend 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:
SPECIAL OFFER: You receive a huge 120,000 Membership Rewards points if you apply for American Express Business Platinum by 9th April 2024. You receive 80,000 points for spending £12,000 within 90 days and a further 40,000 points if you retain the card for 14 months. Click here to apply.
SPECIAL OFFER: You receive 60,000 Membership Rewards points if you apply for American Express Business Gold by 9th April 2024. Remember that the card is FREE for the first year. You receive 40,000 points for spending £6,000 within 90 days and a further 20,000 points if you retain the card for 14 months. Click here to apply.
British Airways Accelerating Business American Express
30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review
American Express Business Platinum
Crazy 120,000 points bonus (to 9th April) and an annual £200 Amex Travel credit Read our full review
American Express Business Gold
Huge 60,000 points sign-up bonus (until 9th April) and free for a year Read our full review
Capital On Tap Business Rewards Visa
Get a 10,000 points bonus plus an extra 500 points for our readers Read our full review
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.
Barclaycard Select Cashback credit card
2% cashback on all your business spend for 3 months (1% thereafter) and no annual fee Read our full review
Comments (56)