can take out the funds after 3 mths..think not worth holding funds for 6 mths just for krisflyer miles
on a side note, for the $300 referral anyone know if there is a 90day fulfillment clause? or referral reward will be awarded as long as acct is opened?
Clause 6 and 17
For a referrer to qualify for the Programme and the Referral Reward (as defined in Clause 12), the
referee who starts an HSBC Premier relationship via this Programme shall (a) meet the fund-by period
set out in Clause 3; and (b)
maintain the HSBC Premier relationship (i.e. no termination of HSBC Premier
account) for at least six (6) months from the month of sign-up, failing which Clause 17 will apply.
HSBC reserves the right to deduct the equivalent Referral Reward value for each referral from the
referrer’s account in the event the referee terminates his/her HSBC Premier relationship within six
months from the date the account is opened as stipulated in Clause 6.
Both eligible referrers’ and referees’ accounts must have been maintained in
good standing and
conducted in a proper and satisfactory manner as determined by HSBC in its discretion over the Programme Period and at the same time of fulfillment, in order for the eligible referrer to be eligible for
the relevant Reward.
I think the key word is 6 months of maintaining account.
Not 6 months of keeping funds in account.
But again at their discretion....
I supposed no harm trying to route out after 3 months, to see if still get referral fees
Do not that the referral fee cash credit only goes into our account BY the 6 months.
