Update: This offer for the Citi Premier℠ Card has expired. Learn more about the current offers here.
At the moment, the US American Express Membership Rewards seems to have a targeted transfer bonus to Cathay Pacific Asia Miles. You’ll want to log-in here to see what kind of a bonus you’re targeted for. There’s no expiry listed, so if you are interested and targeted, I’d take advantage of the offer sooner rather than later.
It seems like the most common bonuses are 10%-30%, though some members also aren’t targeted for a bonus at all.
The transfer ratio is usually 1:1, and this transfer bonus is hard coded into the ratio, meaning the bonus should post at the same time as the regular points.
Cathay Pacific Asia Miles is also transfer partners with Citi ThankYou, so another great way to earn Cathay Pacific Asia Miles is with the Citi Premier℠ Card, which has an increased bonus of up to 60K points right now.
Asia Miles isn’t anywhere close to being my favorite frequent flyer program, and they even made some further changes to their program as of this past June, which were largely negative.
For reference, here’s the Asia Miles award chart for travel on Cathay Pacific:
Then here’s the award chart valid for travel on partner airlines:
So if you have a balance of Cathay Pacific Asia Miles and want to top off an account for a redemption, or if you just want to outright transfer enough points for a redemption, this is a good opportunity to do so. While I used to think their chart was uncompetitive, nowadays other programs have gotten worse to the point that it actually looks sort of appealing.
For example, redeeming 110,000 miles for a one-way first class ticket from Los Angeles or San Francisco to Hong Kong isn’t a bad value, especially when you can get a 30% transfer bonus. You could book the same ticket in business class for 70,000 miles, not factoring in any transfer bonus.
Redeem Asia Miles for travel in Cathay Pacific first class
It’s rare to see transfer bonuses to Cathay Pacific Asia Miles, so this is potentially a good opportunity. We did see a transfer bonus from Citi ThankYou earlier this summer, but otherwise it’s quite rare.
While Asia Miles is far from my favorite program, there are plenty of circumstances under which redeeming through them represents a good value.
What kind of a bonus are you targeted for on Amex to Cathay Pacific transfers?