[shwetapershad]

What is the interest rate for credit cards here, usually?

[PDLM]

Originally Posted by z754103

I'm clinging onto topic relevance here by my finger tips - how easy is it tofind seat availability when booking trips to London or to Singapore with the Asiamiles or airmiles you get on your credit cards?

I had a quick look on the airline websites for London trips, and most dates , including all weekends seem to be blocked off.

To Singapore, no problem at all, but that's not the best value for the miles when a ticket costs less than HK$2000. London is hard if you want the weekend overnight flights, but if you are prepared to take the day flights on CX it becomes a lot easier. Also if you are prepared to accept the hassle of a connection you can go through Amsterdam, Paris or Frankfurt with the leg to the UK (does't have to be London) on BA for the same number of miles.

Remember also that AsiaMiles can be used on BA and Qantas on the London route, and some of the Qantas flights seem to be fairly lightly loaded.

[discobay]

... and some of the Qantas flights seem to be fairly lightly loaded.

That is likely to change with the introduction of the QF $3200+tax fare to London.

[andante]

Originally Posted by z754103

I've been looking for a cash back credit card in HK.... can you give more details? (anyone know of any others?) I never manage to use the airmiles or points - and its reallly hard to accumulate enough to do much with what I do get.

http://www.citibank.com.hk/portal/ci..._visa_card.htm

I got it mixed up with Sg's... its VISA for cashback, not Mastercard..

[andante]

Originally Posted by mattstewart

what about 0% interest for X amount of months?

thats a common thing in US...didnt see any so far here. i loved that feature cause i would open a new card with 1 year zero interest, buy something expensive, and pay it off over 12 months. then close card and open new card somewhere else with similar zero interest...and buy something else that is expensive....

nice way to pay installments that are same as cash

anything like that here?

Interest Free Installment Plan
The Citibank Cash Back VISA Card offers you and your supplementary cardholders the extra convenience of interest-free installments and repayment terms
up to 24-month tenor at over 450 leading merchants in Hong Kong

<< Is this wat u are looking for?

[PDLM]

Originally Posted by discobay

That is likely to change with the introduction of the QF $3200+tax fare to London.

Oh sorry - I was thinking of business. It is very rarely good value to use miles for a simple economy fare. For 60000 miles you can get economy to London (worth $4000). For $4000+60000 miles you can get business (worth $25000). No contest in my book.

[nivantj]

>> What is the interest rate for credit cards here, usually?

You need to check with your bank.. Usually its around 24-25%..

[BenderBends]

Originally Posted by andante

<< Is this wat u are looking for?

yeah....i didnt realize that its an ongoing thing as long as you are a cardholder.

i am used to having it as a promotion only for the first 12 months of account opening. But this seems a lot better that at anytime i can buy something and not pay interest.

how do the companies make money then? usually they only make money from interest and late fees...but if 450 merchants have no interest...they dont really make much on you....right?

or is there hidden costs?

[jaetee]

Originally Posted by PDLM

Oh sorry - I was thinking of business. It is very rarely good value to use miles for a simple economy fare. For 60000 miles you can get economy to London (worth $4000). For $4000+60000 miles you can get business (worth $25000). No contest in my book.

How do you get this type of deal? Is it just on the CX website?

[jayinhongkong]

My guess is that with those 450 merchants...they have to give the cc company a portion of the value of the sales...credit cards are an extremely profitable business