Amex Offering 30% Cathay Pacific Transfer Bonus (Targeted?)

Filed Under: American Express, Cathay Pacific
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At the moment, the US American Express Membership Rewards seems to have a transfer bonus for Cathay Pacific Asia Miles, which may very well be targeted. All the accounts I manage offer a bonus of 30%, though it’s possible that other accounts don’t. When you log into your Amex account you may see the offer at the top right of the page.

However, don’t necessarily go to the transfer page just yet:

  • This transfer bonus may be targeted, and different accounts may be eligible for different bonuses (and some may not be targeted at all)
  • There’s no end date for this promotion, so it’s a “flash bonus,” meaning it could be pulled within days
  • It’s possible that once you look at the bonus, it won’t appear again, so only look at the actual transfer page if you’re ready to transfer points

Earn Amex points with these cards

The transfer ratio for Amex to Cathay Pacific 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. So if you’re eligible for a 30% bonus, you’re looking at earning 1,300 Asia Miles per 1,000 Membership Rewards points.

Note that Cathay Pacific Asia Miles is also transfer partners with Capital One and Citi ThankYou, so there are several other great cards that can help you earn Asia Miles, including the Citi Premier® Card (review).

Earn Capital One miles with these cards

Asia Miles isn’t anywhere close to being my favorite frequent flyer program, and they even made some further changes to their program last 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

Bottom line

We saw a similar targeted Cathay Pacific transfer bonus last fall, and now we’re seeing a similar one again. Last year we also saw a 15% Asia Miles transfer bonus from Citi ThankYou.

While Asia Miles is far from my favorite program, there are plenty of circumstances under which redeeming through them represents a good value.

Were you targeted for an Amex Cathay Pacific transfer bonus, and if so, do you plan on taking advantage of it?

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  1. I clicked on it before I read your entire article. THe offer is still in my account. I never transferred points to ASIA miles so that might be a data point, not sure. If I can find an award I want it is worth it for me. if I can find at least one way on Cathay First Ill take it.

  2. Since CX availability using Avios has been completely gutted, Asia Miles is now probably the best currency for routing HKG-BKK, as CX offers pretty good availability (especially compared to the wasteland of CX Avios redemptions).

  3. I don’t have the Cathay offer, but I do have an offer to transfer to Hilton, 1k Amex = 2.4k Hilton Honors points. I don’t recall seeing that before.

  4. Asia miles is still pretty decent for booking Q suites. The surcharges suck sometimes but not terrible imo.

  5. Nothing for me. Have Platinum Business, Everyday and Everyday Preferred. Have never transferred to CX before.

  6. I just transferred 100k amex points last week. Does anyone know if there is a way to call amex and have them retroactively apply a bonus offer?

  7. @Christopher: You could try calling Amex and ask them to retroactively apply the bonus.

    /remove tongue from cheek

  8. I was targeted. I’ve had a flight in business from HKG to IAD that’s been confirmed for a while. Had just enough points between the CX credit card, Citi Premier and Amex points. Just transferred over 74K Amex points. Saves me a good chunk of Citi TY points.

    Probably one of the few times I’ll actually take advantage of an Asia miles promotion.

  9. The first chart is for traveling exclusively on CX. You can include two sectors and one stopover at no extra cost. Some backtracking is possible based on what I heard. Traveling with partner airlines is largely based on the same chart except for 5,000 miles surcharge one way in most cases.

    The second chart is for oneworld multi-carrier award, for travels involving three or more carriers (CX/KA counted as one for this purpose). You can do some crazy routing with that chart.

    While the charts look quite unattractive at the first glance, there are chances that you can maximise your awards creatively….

  10. Ironically on a Cathay flight at the moment I booked with Asia Miles last week. I moved the miles last week also. I did get the 30% bonus but can’t get the page to load. Still need to book my flight home.

  11. This is completely gone by today when I checked to do another transfer, I did enjoy one transfer with 30% bonus yesterday!

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