There’s only one way to earn HSBC Rewards points: with HSBC Rewards credit cards.
With the HSBC World Elite® Mastercard® and the HSBC Premier World Elite® Mastercard® you can earn:
- 6 points per dollar on all eligible travel purchases
- 3 points per dollar on other eligible purchases
With the HSBC +Rewards Mastercard, you can earn:
- 2 points per dollar on eligible food and entertainment purchases
- 1 point per dollar on other eligible purchases
Finally, with the HSBC Premier World Elite® Mastercard® and the HSBC Advance Mastercard® , you can earn:
- 0.75 points per dollar on eligible purchases
The best way to redeem HSBC points is for a statement credit towards eligible travel purchases booked with your card or for points to miles conversion (for selected cards only)
You will find below many ways to redeem your HSBC points.
Rewards for miles
Only 2 HSBC Rewards credit cards allow you to convert your points into frequent flyer miles:
- HSBC World Elite® Mastercard®
- HSBC Premier World Elite Mastercard
3 frequent flyer programs are offered:
- Asia Miles
- Singapore Airlines Krisflyer
- British Airways Executive Club
You can convert your points according to this conversion structure:
|Program||HSBC Rewards Points||frequent flyers miles|
|Asia Miles||25,000 points||8,000 miles|
|35,000 points||11,200 miles|
|45,000 points||14,400 miles|
|25,000 points||9,000 miles|
|35,000 points||12,600 miles|
|45,000 points||16,200 miles|
|25,000 points||10,000 miles|
|35,000 points||14,000 miles|
|45,000 points||18,000 miles|
All the HSBC Rewards credit cards offer the optionto redeem points for a statement credittowards eligible travel purchases booked on the card.
Points redemptions can be done during a 60 days-period from booking and with this redemption structure:
- 25,000 points = $125
- 35,000 points = $175
- 45,000 points = $225
If you are a HSBC Bank customer, you can redeem HSBC Rewards points to:
- pay down your HSBC residential mortgage
- add to your HSBC personal savings account
- reduce your credit card account balance
These will not be advantageous solutions in terms of points value.
Gift cards and merchandise
Finally, like any points program, you can redeem your HSBC Rewards for 100 gifht card and merchandise options.
That is a solution that we do not recommend.
Below is a list of the best credit cards to earn HSBC points.
The HSBC World Elite® Mastercard® and the HSBC Premier World Elite® Mastercard® have a great advantage for travellers: they do not charge any foreign currency conversion fees. This is a 2.5% saving on all your purchases in foreign currency.