Credit Card Offers HSBC Star Alliance Credit Card: Fast-Track to Star Alliance Gold Status

Fast track to Star Alliance Gold status with the HSBC Star Alliance credit card!

Learn more and apply for this card:



What are the main benefits of this card?
  1. Signup bonus: Fast Track to Star Alliance Gold Status, when you spend $4,000 or more on eligible purchases in the first 90 days from account opening
  2. Keep your Star Alliance Gold status each subsequent year that you spend at least $60,000 on your card
  3. Earn 1 Star Alliance Point per $1 on eligible purchases, up to $3,000 per statement period and 0.5 Star Alliance Points per $1 spent on eligible purchases thereafter, uncapped
  4. No annual fee in the first year and $450 p.a. thereafter

hsbc-star-alliance-card-art.pngWhy we like the HSBC Star Alliance credit card

Launched in 2022, the HSBC Star Alliance credit card is the first of its kind anywhere in the world. You'll earn Star Alliance Points which are transferable to a choice of seven Star Alliance member airlines at a time of your choosing. You can also earn Star Alliance Silver or Gold status just by spending on the card, with no flying required!

Once you qualify for the welcome offer and are fast tracked to Star Alliance Gold status with any of the seven participating carriers, you’ll soon be enjoying perks like airport priority lanes and lounge access when flying across the whole Star Alliance network. It is the largest airline alliance in the world with 25 member airlines, including Air New Zealand, Singapore Airlines, United and Turkish Airlines.

Please note that the welcome offer is not available to existing HSBC customers transferring from another HSBC credit card, or if you have previously held a HSBC Star Alliance credit card within the last 18 months. Refer to the full T&C’s for more information:


AFF members are welcome to discuss this card in this thread.
 
The card issuer bears the loss. The card issuer may then try a chargeback to the retailer and may win, but if the retailer challenges then they have a fair probability of winning, leaving the card issuer bearing the loss. Either way, it’s hard to see why the OP would be angry with the card issuer. Maybe he/she is just a naturally choleric person.
 
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It's quite possible that there's no breach or mistake been made anywhere and that this is the result of a BIN attack.

Ultimately the retailers, networks and banks could work together to make the system that they've designed more secure, mandating things like 3D Secure for online transactions. But that would make using the cards less convenient and they've obviously made a calculation that the profit from the convenience out weighs the losses from additional fraud. That's a choice they've made though, so it's entirely appropriate that when it occurs, the consumer shouldn't be inconvenienced by it.
 
I've had this card for a few years and always selected SQ as my status airline. This year I went with UA as I have a few long haul UA flights so I wanted the comp economy plus benefit.

My status has come up as a "Trial" status on my milage plus membership card, similar to if I requested a status match, has anyone else had this happen or does anyone foresee any issues with the benefits on partner airlines?
 
The card issuer bears the loss.
No, that's not how chargebacks work.

The card issuer (HSBC) doesn't bear a loss if the charge is deemed valid. The customer pays. If the charge is deemed invalid, the issuer claims the charge back (and costs) from the accepter - the account that made the charge. The card accepter's bank bears the cost if they can't recover from the accepter account.

There is no scenario where the issuer bears the costs.

You clearly have no idea how this works.
 
I absolutely understand how it works. The card issuer beats the cost of a fraudulent transaction unless they find a way to pass the cost on to someone else (the merchant).

And none of this explains why the card holder - who may or may not have been negligent - should feel angry with the card issuer, which was my fundamental point before people started obfuscating.
 

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