HSBC UK Premier points can be redeemed towards vouchers and charity. They can also be transferred to airline and hotel partners which will give your points the best value.
Standard HSBC UK points can only be used against card charges.
HSBC UK points value
Based on our valuations, HSBC Premier Points are worth 0.33p on average which is the value you will get when redeeming points directly through HSBC for travel and other various redemptions. You can obtain significantly higher value out of HSBC Premier points by transferring them to HSBC UK's airline partners which can give you anywhere from 0.5p to 1p per point on average.
Here's our full valuations on HSBC UK points:
| Redemption option | Redemption value |
|---|---|
| Transferring HSBC Premier Rewards points to airline partners | 0.5p - 1p |
| Redeeming HSBC Premier Rewards points for vouchers | 0.33p |
| Donating HSBC Premier Rewards points to charity | 0.33p |
| Redeeming standard HSBC points against card charges | 0.2p |
Redeeming HSBC UK points for the best value
You will get the best value out of your HSBC UK Premier points when transferring them to HSBC's airline and hotel partners. All other redemptions will give your points lower value.
HSBC Premier Rewards for miles
HSBC Premier Rewards points can be transferred to a handful of select airline partners at a 2:1 ratio. This means that 2,000 HSBC Premier Rewards points can be converted to 1,000 airline miles.
Looking at the math, 2 HSBC Premier Rewards points are worth about 0.66p each on average since you can redeem points for Vouchers at 0.33p each. A single airline mile from any of HSBC's partners will typically be significantly more than 0.66p, especially for premium and upper class redemptions.
This makes transferring HSBC Premier Rewards points to HSBC UK's airline partners the best redemption option.
Redeeming points for vouchers
HSBC Premier Rewards points can be redeemed for vouchers to shop at top retailers starting at 1,500 points for a £5 voucher. This gives your points a value of 0.33p each.
| Value of voucher | Rewards points needed |
|---|---|
| £5 | 1,500 |
| £10 | 3,000 |
| £50 | 15,000 |
Donating points to charity: 0.33p per point.
HSBC Premier Rewards points can be donated to several charities. Every 1,500 points you donate is worth a £5 donation which gives your points a value of 0.33p each.
Redeeming standard HSBC points: 0.2p per point.
Standard HSBC points earned with the HSBC Rewards Credit Card can only be applied towards purchases made to the card. Every 500 points earned is worth £1 meaning that you'll get 0.2p in value per point redeemed.
Points can be redeemed on the HSBC website or via the Pay with Rewards app.
Calculator: Convert HSBC UK points to pounds
Use the HSBC Points Value Calculator to determine the average cash value of HSBC rewards points when used for flights, vouchers, and more. This will give you an idea of how much your points are worth.
HSBC UK Points Value Calculator
Enter any amount of HSBC points to calculate the cash value.| Redemption | Average Dollar Value |
|---|---|
| Transferring HSBC Premier Rewards points to airline partners | £0 - £0 |
| Redeeming HSBC Premier Rewards points for vouchers | £0 |
| Donating HSBC Premier Rewards points to charity | £0 |
| Redeeming standard HSBC points against card charges | £0 |
FAQ
How much are HSBC UK points worth?
Points earned with HSBC Premier Rewards cards are worth 0.5p to 1p each when transferred to airline partners. All other redemptions are 0.33p and lower.
Can you transfer HSBC UK points to partners?
Yes. You can convert 2,000 HSBC Premier Rewards points to 1,000 airline miles with British Airways, Cathay Pacific, Singapore Airlines KrisFlyer, or Etihad.
