HSBC Fund and Fly: Earn up to 200,000 bonus miles with a new Everyday Global Account
HSBC has extended its 'Fund and Fly' promotion until December 31, 2026, offering up to 200,000 bonus miles for customers who open an Everyday Global Account and maintain fresh funds. The revised terms allow for funds to be placed in investments and insurance, providing more flexibility for participants.
Why it matters
Financial incentives for banking customers reflect competitive strategies in the retail banking sector to attract deposits and long-term loyalty.
Back in March 2026, HSBC launched a new campaign called Fund and Fly , which awarded bonus miles for opening an Everyday Global Account (EGA), transferring fresh funds, and maintaining them as deposits for a three-month period.
The campaign was subsequently revised in August, reducing the reward for depositing S$50,000 and S$100,000 by 7,200 miles, and increasing the maintenance period for fresh funds from three to five months.
On the plus side, however, fresh funds could now be placed into investments and insurance instead of just deposits, reducing the opportunity cost. It was also made available to HSBC Premier customers, with significantly more generous returns.
Fund and Fly has now been extended by another three months until 31 December 2026, with the terms remaining largely the same
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