HSBC and PayPal Withdrawal

Last month I withdrew 11,000 pesos from my PayPal account to my HSBC credit card. PayPal's fee is 250 pesos so I expected to receive 10,750. After 4 days, I got the money as expected but my points were 1,075 less (10 pesos = 1 point).

I called their contact center and clarified the issue and after 2 weeks, they told me that that's their business rule. If it's a credit and not a payment, points will be deducted.

Free Tall Starbucks Beverage from HSBC

Saw this from my Statement of Account:

Starbucks Tastes better when it's on us!

For a minimum single-receipt of P2,000 on your HSBC credit card, get any Tall Starbucks Beverage of your choice plus a free add-on, on us!

Promo period is from April 1 to June 30, 2010. Redemption Period is from April 15 to August 30, 2010.

T&Cs apply. Per DTI-NCR Permit No. 1026. Series of 2010.

Finally HSBC has jumped on the bandwagon!