[tsuiwah]

so, which card offers the best sign up gift at the moment?

[coolgirl]

Originally Posted by ICEBreaker

Yes, I was just about to say... Since 2005, all credit applications including applications for credit cards will have your entire HK cross-bank credit data pulled from the Consumer Reference Agency. Any self-respecting bank would not issue another card to someone who already has 12+. They are either piling on debt, or are in it for the free gifts. Having said that, with the quotas they have to fulfill every month, and the short sightness of management, perhaps they are willing to just offer cards like crazy. In some places, a mark of performance is not the turnover or profitability, but the number of cards issued!

You're right I think. I was disapproved by BEA. Seesh, oh well. So much for the mini Hi Fi. I know I'm not piling in debt so I think they figured out im in for the free gift

Guess I have to wait for a year to cancel all my cards so I can reapply!

best gift was HSBC, but the promo is finished.

DBS' mini hifi is okay, but not really raving about it.

[freeier]

Originally Posted by coolgirl

You're right I think. I was disapproved by BEA. Seesh, oh well. So much for the mini Hi Fi. I know I'm not piling in debt so I think they figured out im in for the free gift

Guess I have to wait for a year to cancel all my cards so I can reapply!

best gift was HSBC, but the promo is finished.

DBS' mini hifi is okay, but not really raving about it.

which is good again ? if u are to pick from all 12 now ?
hsbc as in the home theatre set ? or the LCD stuffs ?

however, most of the free gifts are conditional on the person having spend at least 3k hkd within the first 2-3months of issuance of the card...

[coolgirl]

Originally Posted by freeier

which is good again ? if u are to pick from all 12 now ?
hsbc as in the home theatre set ? or the LCD stuffs ?

however, most of the free gifts are conditional on the person having spend at least 3k hkd within the first 2-3months of issuance of the card...

The good ones are below:
HSBC - got the PSP and the Ipod nano, and sold off the ipod nano - have a total of 4 cards for that
Citibank I got the 7500 Asia miles free - not enough for a flight, but good enough anyway... - and no spending requirement anyway...

The okay ones:
ABN Amro - PMP - just paid 300 more - giving it as a gift...
DBS - Mini hi fi, don't know what to do with that yet.

The regret one:
Mevas - huge, huge stuff toy - I actually regret getting it since it's piling in my apartment and taking up precious space! Will bring it back home where my room is roomier...

The other cards I didn't use, so they're just piling in my drawer...

Yes, most of them were conditional. I offer to use my card to pay for dinners with friends and they gave me cash, so I can increase my spending

[freeier]

is the psp and ipod with hsbc totally free ?
so u applied for the cobrand cards ?

[sunniefaith]

Damn...should have took time to read this thread. Just opened my bank account today and applied for a card through Stand Chart. Missing out all the nice gifts!

[coolgirl]

Originally Posted by freeier

is the psp and ipod with hsbc totally free ?
so u applied for the cobrand cards ?

ipod nano totally free.
psp - HKD 300 more, it's next to nothing

Yeah, I do have the cobranded cards that are tagged along with the principal cards. I have one HSBC Platinum, 2 Golds, and 1 classic. Cant remember the cobranded stuff because I don't use them.

[freeier]

u can probably judge how much their budget for premiums are...
psp is around 800hkd probably if u get it at distributor level.
so u pay 300hkd and they pay 500 ?
same goes for IPOD i suppose ? no ?

[coolgirl]

Originally Posted by freeier

u can probably judge how much their budget for premiums are...
psp is around 800hkd probably if u get it at distributor level.
so u pay 300hkd and they pay 500 ?
same goes for IPOD i suppose ? no ?

50% at distributor level? I don't know...