You can transfer HSBC Rewards Plus points earned with an Australian HSBC Premier World Mastercard to 3 frequent flyer programs, as listed below. Points earned from a HSBC Platinum card can also be transferred to Velocity.
Click on any airline logo to learn more about redeeming points with each frequent flyer program:
| Alliance | Frequent Flyer Program | 1 HSBC point equals… |
|---|---|---|
 oneworld |  Cathay | 0.5 Asia Miles [Premier cardholders only] |
 Star Alliance |  Singapore Airlines KrisFlyer | 0.5 KrisFlyer miles [Premier cardholders only] |
 Virgin Australia Velocity | 0.5 Velocity points |
Notes
- You must transfer at least 5,000 HSBC Rewards Plus points at a time.
Australian credit cards that earn HSBC Rewards Plus points
- HSBC Platinum
- HSBC Premier
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Frequently Asked Questions (FAQs)
100,000 HSBC Rewards Plus Points can be redeemed for approximately $400 in gift cards or cashback, as 6,000 points equate to a $25 gift card. Alternatively, you can transfer these points to airline loyalty programs like Velocity Frequent Flyer or Singapore Airlines KrisFlyer. For example, 100,000 HSBC Reward Plus points is worth 50,000 Velocity points or KrisFlyer miles (for Premier cardholders only).
No, you cannot transfer HSBC Rewards Plus points directly to Qantas Frequent Flyer. However, you can transfer points to other airline loyalty programs, such as Singapore Airlines KrisFlyer, Cathay Pacific Asia Miles, and Velocity Frequent Flyer.