How do I redeem my HSBC credit card points in Singapore?

Redemption of top-up Points must be done via our customer service hotline: o 1800-HSBC NOW (4722 669) for all cardholders. o 1800-227 8889 for Premier MasterCard cardholders. 3. Cardholders cannot purchase Points without making a redemption of a Rewards item under the Programme.

How do I claim my HSBC reward points?

Step 1: Log on to www.hsbc.com.ph Step 2: Click and view the Rewards e-catalogue specific to your HSBC Credit Card. b. Item/Product code Should you wish to redeem using Pure Points, use the item code for Pure Points indicated in the catalogue.

Can we convert HSBC reward points to cash?

Reward points can be redeemed against Annual Fees, Gift Vouchers, Gifts, Charities, and Airline Miles by the Primary Cardholder only. Reward points cannot be exchanged for cash or credit or used to obtain cash advances, or used against payments of any charges.

How much are HSBC reward points worth?

HSBC Rewards is a flexible rewards program with good point values for the majority of its redemption options. The most valuable way to redeem your HSBC Rewards is for experiences, with a range of 0.54 – 0.59 cents per point (CPP).

Will HSBC points expire?

Do HSBC Rewards expire or is there a cap on how much I can earn? Unless used or terminated under the Program Rules, Rewards do not expire. There is no cap on the amount of Rewards you can earn.

How do I check my HSBC points?

How to check your reward points?

  1. Phone banking facility: Call HSBC customer care number on 1860 108 7788.
  2. Internet Banking: Customers can log in to their internet banking portal to check their reward points.
  3. Credit card monthly statements: The credit card statement will show the number of earned reward points.

How do I redeem my reward points?

On the card issuer’s website, there will typically be a redemption portal where you can see what you’ve earned and choose how you want to redeem it. Many card issuers will allow you to redeem your cash back with a statement credit, a direct deposit to your bank account or a check payable to you.

Do HSBC reward points expire?

Does HSBC credit card points expire?

Reward Points earned are valid for up to three (3) years from the date of earning the Reward Points and will expire on the last day of the Participating HSBC Credit Card’s anniversary month, as explained in Example 1 below.

How do I transfer my HSBC points to KrisFlyer?

Sign up for the HSBC Mileage Programme. Join the Mileage Programme to convert HSBC Reward Points into KrisFlyer miles, Singapore Airline’s frequent flyer programme, or Asia Miles™, Asia’s leading travel and lifestyle rewards programme. If you’re not a member of KrisFlyer or Asia Miles, you’ll need to register first.

How much is reward points worth?

about 1 cent each
Generally, points are worth about 1 cent each, but that’s not always the case. For some issuers, the value of points depends on your choice of redemption, which typically includes travel, cash back, gift cards or merchandise.

How do you redeem cash rewards?

How to Redeem Cash Back Rewards

  1. Receive a statement credit. The cash back gets applied to your credit card’s balance.
  2. Request a check. The issuer sends you a check for your cash back rewards.
  3. Transfer rewards to a bank account.
  4. Use your cash rewards as rewards points.

How does HSBC Cash Back works?

The Cash Back will be credited into the Eligible Cardholder’s account by the end of the next calendar month. 13. The Eligible Cardholder’s account must be at good standing and conducted in a proper and satisfactory manner as determined by HSBC in its sole discretion at the time of crediting the Cash Back.

Is it better to redeem points for cash?

Key Takeaways. The rule of thumb is to redeem your points for 1 cent per point or more to be sure you’re getting a good deal. Airline flights and cash back for travel are usually the most valuable ways to redeem your points. Gift cards and merchandise are usually the lowest-value ways to redeem your points.

When should I redeem rewards on a credit card?

You should redeem cash back as soon as you can because it continually loses value due to inflation. Even though your cash back won’t lose much of its value year to year, it doesn’t make sense to hold on to it. Maximize its value by redeeming it immediately.

Can I pay my credit card bill with reward points?

For some cards, accumulated reward points can be used towards your next credit card payment. In some cases, redemption options include requesting your reward points as cash payment through a check or direct deposit, which you can then use to pay for your next credit card payment.

Is it better to redeem points for cash or travel?

If you travel often, you’re likely to get more value out of a rewards card that offers points instead of cash back. But if traveling isn’t your thing, or you value simplicity and low annual fees, a cash back credit card may be a better choice for you.

How much is 40000 KrisFlyer miles worth?

Economy Class

Beijing return (SIN-PEK-SIN)
Saver Redemption: 40,000 miles + $68.10
Type Cost Value per mile
A S$593.10 1.31¢
B S$523.10 1.14¢