HSBC Devalues Point Transfers to 1:1.25 From 1:1 by Sam Helmy January 4, 2024 0 HSBC devalued its point transfer ratio to most partners from 1:1 to 1.25:1 without fanfare or an official announcement. At the same time, the airline launched a 25% transfer bonus to several Avios programs to mask the loss of value. Here's what you need to know.
