Just in time for those who have already earned their amazing 100,000 bonus points (or 130,000 if you are in Quebec) from the HSBC World Elite Mastercard comes their fall transfer bonus to British Airways. Just like in previous years the bonus is 35% and is good for transfers made until November 30, 2020.
Normally you would redeem 25,000 HSBC Rewards Points for 10,000 Avios however with this offer that brings it up to 13,500 Avios. This equates to 1.62 to 3.24 Avios per dollar spent on the World
Elite version of their Mastercards! Also for those of you who have applied for and received their 100,000 points from the current sign up offer – well you should have no less than 115,000 points as you have to spend $5,000 to get that bonus this would be a good time to convert – again only if you know the ins and out of British Airways Executive Club and know that you’ll use up those Avios! 115,000 HSBC Rewards Points would end up equating to 62,100 Avios (includes the 35% bonus). 62,100 Avios are more than enough for some great redemptions from the British Airways program, Iberia’s program (you can transfer from BA to Iberia) for flights like Aer Lingus’ Toronto-Dublin route which goes for as little 26,000 Avios per person round trip in economy class.
If you don’t have the card you could try applying for it now and getting that $5,000 in spending on it as soon as you can but it would be cutting it close. Remember as well their is no annual fee in the first year on the card! That being said – getting it now isn’t a bad idea even if you don’t get the points or transfer by the end of November. This bonus comes around at least once per year so you can prepare for next year and even if you don’t end up converting to Avios the current HSBC offer is THE BEST and one of the most flexible welcome bonuses in our market right now as it is worth $500 towards any travel.
Learn more about and apply for the HSBC World Elite Mastercard here.