If you hold an HSBC credit card, you now have a limited-time opportunity: HSBC has rolled out a 40% bonus on transfers of reward points to Marriott Bonvoy points — valid till 10 December 2025.
What’s Good About This Offer
- Better conversion rate (for some cards): For cards like HSBC Privé, Premier, or TravelOne — 100 HSBC points → 140 Bonvoy points under the bonus.
- Potential to unlock hotel stays / holidays: If you were planning a stay at a Marriott hotel (or partner property) and need more points — this gives you a boost without extra spend.
- Good if you already have a redemption in mind: Value tends to be maximized if you’re redeeming soon — not hoarding for “maybe later.”
What to Check Before You Transfer
- You need a clear redemption plan. Point-value with hotel loyalty programmes like Marriott can vary widely depending on property, demand, season.
- Transfers are irreversible. Once moved, you can’t revert them to HSBC points or shift to other partners.
- Hotel-point valuations fluctuate. While bonus gives more points, actual value depends heavily on where and when you use them — so there’s no guarantee of “best value.”
- If you don’t travel often — redemption may never come. Points could sit idle, or get devalued, giving less benefit than simpler redemptions (like gift cards or air-miles).
When It Makes Sense
Use the transfer if:
- You have a confirmed stay at a Marriott/partner property and need more points.
- You value hotel-night redemptions more than cash-equivalent or voucher-type redemptions.
- You’re fine with committing — you know that once transferred, points can’t go back.
My Take
This 40% bonus is tempting, but best viewed as a reminder, not a guarantee. If you travel soon and have a stay planned — go for it. If you don’t — it might be smarter to wait until you can align points → stay, instead of hoarding.