NEW: get a 25% bonus on HSBC Premier credit card points conversions to Avios

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• MT says:

  6 Jul6 July 06:34

  Thanks for the reminder of the 3 year expiry, I had totally forgotton that fact, although I cannot see anywhere that tells you when points may expire, is there anywhere or is it a case of taking a guess?

  I also didn’t realise you can get 15% Heathrow Express with the card, although seems the offer expires end of August.

• Stealthy_Singh says:

  6 Jul6 July 07:00

  Is there a way of checking how many of your points might be approaching the three year mark?

  • meta says:

    6 Jul6 July 13:31

    Yes, see the forum for explanation. It shows on the loyalty portal when you log in under spend my points.

    • Stealthy_Singh says:

      7 Jul7 July 07:12

      Thank you

• NE says:

  6 Jul6 July 07:57

  Bad timing for me. Spent the last 3 months chasing HSBC over failed transfers to which they don’t have any idea or a fix yet and seems to be a common problem – not hopefully of any fix from them before this promotion ends

  • meta says:

    6 Jul6 July 13:37

    Had the same issue last month. Tried the transfer second time after a few days and it worked.

• Numpty says:

  6 Jul6 July 08:16

  Having just applied for this card i am surprised how slow the process is; took 1 week to get a confirmation text I’d been approved, then the text said I’d receive an email with the Ts & Cs i need to approve (still waiting), after which another 5 working days from then for card to be sent out. Barclaycard were quite efficient in comparison.

  • Phil says:

    6 Jul6 July 08:31

    I’ve been an HSBC customer for 20+ years. I’ve been trying since early May to get them to upgrade my account to Premier. Their processes are an absolute mess

    • Numpty says:

      6 Jul6 July 10:34

      Coming over from First Direct (owned by HSBC) i am surprised at how slow it all is. Approved for Premier Account, then waited a week on debit card arriving, couldnt then get the digital banking set up (app kept returning errors), tried calling to get it sorted and advisor said i needed the telephone code to set up online banking (i pointed out digital banking doesn’t ask for a telephone code!, but they insisted, and said it can take a futher week to arrive), after a few days the errors stopped and I created digital banking log in, telephone code then arrived a few days later after that (not needed). I’ve had to adjust my expectations, and will wait a week to see if the email with the Ts n Cs arrives before i chase it up.

      • Numpty says:

        7 Jul7 July 14:21

        I got fed up waiting on their email and called. The reason i was given for not yet receiving email with the Ts n Cs is because the credit applications is very busy and they haven’t yet got to my name…..to send me the email, 4 days after they sent a text advising an email was coming. Is there really someone sat at a computer doing this manually? Given the application, the approval, the approval text is already all in the system.

    • Tom says:

      6 Jul6 July 17:59

      Took me almost 1 year from my application to getting my HSBC Premier account opened properly. I dread to think how many hours/days of my life I spent on the phone trying to get it resolved. A total mess.

      At the same time I applied for a Monzo account. They opened it instantly and the debit card arrived next day… so much for a “premium” product.

• Matthew says:

  6 Jul6 July 08:56

  Guess who transferred points the day before this was announced?!! Nevermind.

  Also, should tie in nicely with the Avios booster deal too.

  • Harry T says:

    6 Jul6 July 09:16

    Great point!

• S says:

  6 Jul6 July 09:17

  How regular is semi-regular for the bonus? I’m in the process of remortgaging to HSBC so I will become eligible for premier soon. Currently trying to work out if the CC will be worth it for me.

  • Rob says:

    6 Jul6 July 09:19

    Last one was October but usually annually.

• cwyfan says:

  6 Jul6 July 10:48

  Am i alone at not being offered the deal. Where does it come on their website?

  • Rob says:

    6 Jul6 July 11:09

    I didn’t see it either.

    Why not just transfer 8 points to Avios as a test and see what posts?

    • cwyfan says:

      6 Jul6 July 12:57

      I meant that I do not see how and where to transfer at all!

      • meta says:

        6 Jul6 July 13:39

        There is an issue sometimes with loading all the transfer options. Try in a different browser.

• John says:

  6 Jul6 July 11:01

  Maybe I’m missing something, but I don’t see the value in these cards?

  I have a HSBC Premier account for the free travel insurance, but why would I use this card over my Barclaycard Avios Plus for general spending when the rate is worse? Only to convert to other airline points I assume (in which case I would use my Amex).

  The sign-up bonus is pants as well – 40k HSBC points, so only 25k Avios (including this conversion bonus) for a £195 fee. Sign-up bonuses are much more generous on other cards.

  • Rob says:

    6 Jul6 July 11:06

    Look at it this way:

    *you get 25,000 Avios in Year 1 and 25,000 Avios in Year 2 assuming a 25% bonus runs (Year 2 bonus requires you to spend £12k in Year 1) so the £195 fee is effectively wiped
    *you get 1.25 Avios per £1 if you believe the bonus will keep running once per year
    *you have the option of transferring to other partners if you wish
    *points transfers are instant which has some value

    I accept that none of these are killer reasons, and of course the Barclaycard has the upgrade voucher, but it makes them relatively equal. Of course, you can still apply for the Barclaycard and bank the bonus!

    • 09R says:

      6 Jul6 July 11:17

      Do you get anything in year 3? Or is it all over after year 2

      • Rob says:

        6 Jul6 July 11:29

        No. But you can cancel, wait 6 months and restart.

    • meta says:

      6 Jul6 July 13:42

      Transferrable points are worth more than 1p although unlike Amex they expire every three years, but still.

      • meta says:

        6 Jul6 July 13:42

        And Etihad and Krisflyer also had bonuses.

    • Geoff says:

      6 Jul6 July 15:32

      Also the lounge access. I use it extensively. I also find the Barclays voucher limiting as it doesn’t give you scalable a ios options on redemption making it less valuable for reward flight saver redemptions

  • Numpty says:

    6 Jul6 July 12:09

    £200 switching offer for the Premier current account in turn then makes the credit card more attractive. Me and OH already have a mix of Amex BAPP and Barclaycard vouchers making the Barclaycard voucher go unused – its no big deal to earn this voucher for us. Combine with a bit of churn (i.e. cancel Barclaycard, go to Premier for at least 1 year due to the fee/bonus points being credited, and back to Barclaycard) to generate some spend bonuses on non Amex cards. Also will get my moneys worth out of the Loungekey passes. So for 1 to 2 years its a decent deal (especially if you’ve just opened the current account and got the £200 bonus).

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