To the point
For a limited time, you can earn up to a 15% bonus by transferring your HSBC Points into KrisFlyer miles.
Get a 15% bonus when transferring your points to Singapore KrisFlyer!
Until November 22, 2021, you can transfer your points to Singapore Airlines KrisFlyer and get up to 15% bonus.
To earn the bonus, you must transfer enough points to earn at least 10,000 KrisFlyer miles in a single transaction:
- Convert between 10,000 and 49,999 KrisFlyer miles in one transaction (pre-bonus) and get a 12% bonus
- Convert over 50,000 KrisFlyer miles in one transaction (pre-bonus) and get a 15% bonus
KrisFlyer offers this promotion (so you won’t see any sign of it on the transfer partner’s side).
There is only one Krisflyer’s transfer partner in Canada:
Here are Krisflyer’s transfer partners in the United States:
- American Express Membership Rewards
- Brex
- Capital One
- Chase Ultimate Rewards
- Citi ThankYou
However, please be aware that KrisFlyer miles expire 36 months after being earned (regardless of whether there is an activity in your KrisFlyer account or not). If you transfer points into Krisflyer miles during this promotion, they will expire in 3 years.
In Canada, only HSBC Rewards allows you to transfer points into KrisFlyer miles.
Usually, when transferring 25,000 HSBC Rewards points, you earn 9,000 KrisFlyer miles. With this offer, you can get:
| HSBC Rewards Points | KrisFlyer Miles |
| 25 000 | 10 080 |
| 50 000 | 20 160 |
| 75 000 | 30 240 |
| 100 000 | 40 320 |
| 125 000 | 50 400 |
| 145 000 | 60 030 |
To get the full 15% bonus, you will need to transfer 145,000 HSBC points in one transaction: this will give you 52,200 KrisFlyer Miles + 15% = 60,030 KrisFlyer Miles.
With KrisFlyer miles, you can book specific flight awards not available to Star Alliance partners such as Aeroplan.
I am thinking in particular of some Singapore Airlines business class routes or first-class flights. Such as the Singapore Airlines Suite in some A380s.
The most interesting options are the following – provided that Saver Awards are available, which is rare (non-COVID-19 times):
| Flight | KrisFlyer Miles (Saver) |
| Singapore – London | 125 000 |
| Singapore – Zurich | 125 000 |
| Singapore – Sydney | 85 000 |
| Singapore – Tokyo | 70 000 |
| Singapore – Shanghai | 53 000 |
| Singapore – Mumbai | 53 000 |
| Singapore – Hong Kong | 40 500 |
So when transferring 100,000 HSBC Rewards points to KrisFlyer, you’ll earn 40,300 KrisFlyer miles, enough for a one-way First Class flight between Singapore and Hong Kong.
Alternatively, those 100,000 HSBC Points could be used as a travel credit worth $500.
Conclusion
This promotion could be useful for those who got the full welcome bonus of the HSBC World Elite® Mastercard®, from last year or earlier this year.
If you don’t have this card yet, you should know that this conversion bonus comes back annually (just like the one for British Airways Executive Club); and that right now HSBC is running its best offer for the HSBC World Elite® Mastercard®.
Note that at this time, due to COVID-19, Singapore Airlines has changed its schedule and it is difficult to have visibility on flight rewards. Therefore, it is a bet for better times, keeping in mind that your miles will expire in 36 months!
Come to discuss that topic in our Facebook Group!
