Maximise your Avios, air miles and hotel points

Bits: £500 for joining HSBC Premier, new Marriott Algarve options, good Jo’burg deal

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News in brief:

Get £500 for switching to HSBC Premier

On Friday we updated our review of the free HSBC Premier Mastercard and our review of the £290 HSBC Premier World Elite Mastercard.

These cards are a good choice for many people, primarily those who want to earn miles at a good rate with airlines other than British Airways. The Avios transfer rate is also excellent if HSBC continues to offer its regular conversion bonuses, such as this one in February.

The snag, of course, is that you have to move your current account to HSBC Premier to get the credit cards.

If you earn £100,000 (the HSBC Premier threshold) you might as well use a ‘premium’ current account service. HSBC Premier is free and comes with comprehensive travel insurance, so it’s worth thinking about.

(Of course, most HfP readers will prefer Barclays Premier with Barclays Avios Rewards, which costs £12 per month but gives you 1,500 Avios per month and an annual Avios upgrade voucher. Click here to learn more about that.)

To persuade you to join HSBC Premier, HSBC is currently offering a whopping £500, in the form of a Selfridges gift card, to switch.

You need to do a full switch (moving your salary and at least two direct debits) by 12th August. Existing HSBC and first direct customers cannot apply.

Note that, if you are self employed or otherwise paid gross, you should be able to get away with earning less than £100,000. HSBC only looks to see that the NET equivalent of £100,000 gross goes into your account, which would be £70,000.

Full details are on the HSBC Premier website here.

£500 for switching to HSBC Premier

Two new Marriott options open in the Algarve

Marriott has gained two new options in the Algarve in the Herdade dos Salgados region.

Algarve Marriott Salgados Golf Resort & Conference Centre has 228 rooms and suites. To quote:

The interior design incorporates natural materials, soothing colour palettes inspired by the Algarve coastline, and subtle Portuguese design elements that create a sense of place while maintaining the modern, timeless quality that Marriott guests expect.

The hotel has four outdoor pools – two for adults and two for children – and four restaurants. It is “steps away” from Praia dos Salgados beach.

This hotel is a conversion of the former NAU Salgados Palace resort.

Marriott Residences Salgados Resort has 192 rooms with one to three bedrooms. The property includes ten outdoor pools, tennis courts, mini-golf, volleyball and football facilities, a kids club for children aged 3 to 12 and indoor and outdoor fitness areas.

This was previously NAU Salgados Palm Village.

The two properties are separated by Wellness Hub Salgados, a comprehensive spa, fitness and leisure facility.

You can find out more about both hotels on marriott.com here.

PS. Two other resorts under the NAU banner have also been rebranded recently:

  • NAU Salgados Dunas Suites becomes Westin Salgados Beach Resort, Algarve
  • NAU São Rafael Atlântico becomes Kimpton Atlântico Algarve
Good Ethiopian Airlines deal to Johannesburg

Good Ethiopian Airlines deal to Johannesburg

Ethiopian Airlines has a very decent £1,784 business class fare from London Gatwick to Johannesburg.

It is widely available until next April.

You can pay a little less by starting in Europe (€1,646 from Rome for example) but the saving may not be worth it for people in the Gatwick catchment area.

Here’s an example for January:

Good Ethiopian Airlines deal to Johannesburg

Ethiopian Airlines is a member of Star Alliance so you will earn a chunk of miles and status points which can be credited to any Star Alliance scheme such as Lufthansa’s Miles & More or United MileagePlus. Check the booking class at wheretocredit.com to see the best option.

Rhys reviewed Ethiopian Airlines from Gatwick on a trip to Addis Ababa – click here to see what he thought.

You can check out pricing and dates on the Ethiopian Airlines website here.

The best credit card to pay with is American Express Preferred Rewards Gold, which offers double points – for a total of 2 points per £1 – for spending made directly with an airline. Your payment would also help you trigger your next Amex Gold spend bonus, since you receive 2,500 bonus points for every £5,000 spent, to an annual total of 12,500 points.

Hat-tip to Luxury Flight Club.

Comments (44)

  • Daniel says:

    These ET flights tend to book into P, which won’t earn in many programs. They’ll earn in UA and ET, though for example. They won’t in TK.

  • captein says:

    Note that there seem to be some more stringent terms attached to the HSBC offer, for example: “Your salary payment must be paid directly from your employer via BACS Direct Credit and be equivalent to an individual annual salary of £100k+.”.

    It also talks about maintaining it. So it seems self-employment (unless you pay yourself with BACS), is technically not allowed.

    Not sure what HSBC will do in practice though, but seems they’re trying to clamp down with this offer.

    I already have HSBC Premier sadly, but regardless it left me wondering, how does one effectively use a Selfridges gift card of this size if one does not normally shop there. What’s reasonably priced there? Technology? Or some way to convert it to another shop?

    • Daniel says:

      Technology is the best use.

      And yes, I’m wondering on the self-employment piece too especially as it tends to be a fairly ……… minimal salary, with a once or twice a year dividend payment.

    • Lumma says:

      Selfridges, technology is likely to be something that is priced the same as elsewhere. A pair of trainers from a regular brand too.

    • Ian says:

      I would have thought that dividends would be very common for many of their clients. So whilst this might be true for the offer, I am not sure it is for the account.

      With bacs they can see the regular payments as opposed to dividends which might come in an irregular pattern and probably towards the end of the company financial year.

      The salary has also risen in the last year, but not heard of anyone kicked out.

    • Tony says:

      My employer uses faster payment for payroll for some reason not BACS and HSBC has never raised an issue with me. In any event its clear its a salary payment. I actually also have the Barclays premier account and just transfer 5K monthly to Barclays and send most of it back and barclays has never queried that either or tried charging me.

  • Lumma says:

    If you have a student loan to repay, your net pay will be significantly less than £70k a year on £100k a year, paying about £600 a month towards it.

    • Tony says:

      Likewise any pension contribution which would reduce net pay significantly below £70k…

      • Lumma says:

        Exactly. You want to avoid earning over £100k if possible to not start to lose your personal allowance, so any salary sacrifice schemes that can reduce your pay below that should be utilised if possible

        • ee says:

          Exactly this – I’m in a similar situation and net going into my account is about £60k.

          Also – what do they count as income? My salary is very marginally beneath the threshold, but with bonus and investment income I’m comfortably over.

    • Chris says:

      You’ll lose another £3200 in tax off a £100k salary if you have the luxury of living in Scotland

  • pauldb says:

    Could you know be asked for a yellow fever vaccine/cert if you arrive in South Africa from Ethiopia?

  • Mark says:

    I currently have the Barclays premier account with the Avios rewards switched on and the Avios reward Mastercard. Is it possible to keep the Mastercard open and still be able to use it in the app etc even if I switch the Barclays premier account to HSBC?

    • Scotsman says:

      The Barclays avios card is not linked to maintaining an account with them, so you’ll keep it no problem. If it’s the paid version, you’ll lose the £5 discount if you close your Barclays current account.

      You’ll still manage the card through the app if already registered on it.

    • Daniel says:

      Probably yes but would it not make more sense to open a “burner” c/a with another provider, add 2 DDs then switch this to HSBC. You can then continue to earn 1500 Avios a month from Barclays.

      • JDB says:

        You need to switch your salary as well, so just 2 DDs from a ‘burner’ account shouldn’t trigger the switch bonus.

        • Daniel says:

          But if you pay yourself via a ltd company then switch it to HSBC and transfer out the next day to your main account.

    • Simon says:

      I transfer ~£3,500 in to the Barclays Premier account every month and then transfer it back out again a few weeks later. They don’t appear to have the same requirement as HSBC to receive your salary directly from your employer. It’s not been an issue for me so far and I’ve been doing this since day one of the account.

  • Daniel says:

    So if I pay myself via Faster Payments this means I will not be entitled to the reward?

    Is BACS Direct Credit different to a manual BACS payment?

  • Geek says:

    How is the customer service with Lloyd’s and the banking app?

    I’ve found Barclays Premier absolutely terrible – I joined with the Avios offer and have always regretted – app is antiquated, live chat connects you with someone who can’t help and when I’ve needed to call on two occasions it’s basically a regular call centre.

    I was considering returning to First Direct (I know a Lloyds subsidiary) but now I may move here…

    • Geek says:

      Sorry I literally hadn’t had morning coffee – I meant to type HSBC not Lloyds 🙄

      • Scotsman says:

        The HSBC app is ok and generally more functional than the Barclays app, but ironically I think the Lloyds app is the best of the three and of all the Legacy banks. They just refreshed the HSBC app go it looks and feels slicker.

        HSBC premier have a dedicated phone line which I really have waited on to get connected and 80% they solve my issue on the first call (usually when it to do with missing points from the premier elite credit card, you need to call another dept or someone will call back).

        • Scotsman says:

          Sorry for typos, I took have not had my coffee..

          “HSBC premier have a dedicated phone line which I *rarely* have waited on to get connected’

  • HampshireHog says:

    No, first direct is owned by HSBC

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