Cathay Pacific Asia Miles offering up to 15% bonus for credit card points transfers

Expired

From now till 31 January 2023, enjoy a 10-15% bonus on credit card points transfers to Cathay Pacific Asia Miles, with no cap.

Cathay Pacific has launched a new Asia Miles transfer bonus that offers up to 15% more miles for transfers completed by 31 January 2023. 

The offer is available to members outside of Hong Kong, and while the landing page and T&Cs talk about “selected” members, I’ve confirmed with Cathay’s PR team that the offer is open to all (except the aforementioned Hong Kong exclusion).

Cathay Pacific offering up to 15% Asia Miles bonus

Register Here

From 30 December 2022 to 31 January 2023, Asia Miles members who register for this offer  will receive a 10% or 15% bonus when they convert credit card points. 

  • Convert <20,000 miles: 10% bonus
  • Convert 20,000 miles or more: 15% bonus

The T&Cs don’t mention any cap on the maximum bonus that can be earned, but the landing page is a bit odd because it mentions a 139,999 upper limit on the 15% bonus. I’m leaning towards believing there is no cap, though this is among the things I’m checking with Cathay. 

As a reminder, all conversions must be completed by 31 January 2023 to be eligible for the bonus. There will be some lead time involved with every bank, so don’t wait till the last minute. I’d recommend giving yourself two weeks just to be on the safe side, and avoiding transferring points from Bank of China (not that their cards are any good anymore).

When will the bonus be credited?

Miles transferred under this campaign will be credited in two batches:

  • The regular miles will credit initially according to the usual timeline
  • The 10/15% bonus miles will be credited within 8-10 weeks after 31 January 2023  (i.e. by 11 April 2023)

Based on a previous campaign (which also had a similar crediting timeline), bonus miles were credited 54 days after the end of the promotion period, so I’d say you should expect them to appear on schedule. 

Members are responsible for notifying Asia Miles by 30 April 2023 if they do not receive their bonus miles. 

Terms & Conditions

The T&C of this offer can be found here.

Which banks offer transfers to Asia Miles?

Points conversions from all banks worldwide will be eligible for the transfer bonus, with the exception of Cathay Pacific cobrand cards. 

In Singapore, the following banks offer transfers to Asia Miles: 

💳 Minimum Transfer Blocks by Bank
Bank10% bonus15% bonus
American Express*450 points = 275 miles450 points = 287 miles
BOC27K points = 6.6K miles27K points = 6.9K miles
Citibank
25K points = 11K miles25K points = 11.5K miles
10K Citi Miles = 11K miles10K Citi Miles = 11.5K miles
DBS5K points = 11K miles5K points = 11.5K miles
HSBC25K points = 11K miles25K points = 11.5K miles
Maybank12.5K points = 5.5K miles12.5K points = 5.75K miles
UOB5K points = 11K miles5K points = 11.5K miles
*AMEX Platinum Charge and Centurion cardholders only require 400 MR points per block

Residents of other countries can refer to this page for the full list of transfer partners. 

How does this compare to previous bonuses?

This bonus is in line with previous offers we’ve seen throughout 2022, although this one has no cap and a smaller minimum transfer to trigger the 15% bonus. 

✈️ Asia Miles Transfer Bonuses
DateBonusBonus Cap
January 202310-15%None
September 202210-15%None
June 202215%5,000 miles
December 202010-15%None
January 202010%None
November 201810%2,000 miles
May 201820%None
November 201725%None
September 201718%None

Asia Miles sweet spots

Cathay Pacific A350-1000 Business Class

Asia Miles is my backup programme to KrisFlyer, and while it certainly has some sweet spots, they’re undermined somewhat by the return of fuel surcharges on Cathay Pacific flights. Indicative fuel surcharges for a R/T Business Class redemption between Singapore and the USA are S$475. 

Here’s a reminder of Cathay Pacific’s standard award chart.

✈️ Standard Awards on Cathay Pacific
(in ‘000s of miles)
 YPYJF
1-7507.5111625
751-2,75010182540
2,751-5,00022304570
5,001-7,500304065100
5,001-7,500
(to & from USA)
304570110
7,501+426085125

Assuming you don’t mind a stop in Hong Kong, sweet spots include travel to Europe and the USA:

  • San Francisco, Los Angeles, New York: 170,000 miles for R/T Business Class
  • Barcelona, London, Manchester, Paris: 170,000 miles for R/T Business Class
  • Amsterdam, Brussels, Frankfurt, Milan, Rome, Zurich: 130,000 miles for R/T Business Class

The trick for Europe is to stay within the 7,500 miles band, so as not to attract the higher pricing. You can calculate mileage flown using GC Map (don’t forget: a stop in Hong Kong will be required). 

Cathay Pacific continues to restore connectivity to Singapore, and while it hasn’t returned to the pre-COVID nine daily services, connections through Hong Kong should be much easier to plan compared to a few months ago. 

✈️ oneworld Partner Awards
(in ‘000s of miles)
 YPYJF
1-75010142030
751-2,75015223045
2,751-5,00027436187
5,001-7,500354570110
5,001-7,500
(to & from USA)
405075120
7,501+476590135

Alternatively, you can consider oneworld awards with British Airways, Qantas and Qatar Airways, although all three airlines will have hefty fuel surcharges too. Finnair might be a good bet since its fuel surcharges are relatively more reasonable, but award space out of Singapore is very hard to come by. 

How much are Asia Miles Service fees?

Asia Miles levies the following service fees for award bookings:

  • Date change: US$25 per person per sector (online) or US$40 per person per sector (phone)
  • Destination change: US$100 per person per ticket
  • Refund: US$120 per person per ticket 

When do Asia Miles expire?

All Asia Miles earned from 1 January 2020 never expire so long as you earn or redeem at least one mile every 18 months. 

Apart from converting credit card rewards points, you can keep your Asia Miles balance active by:

Conclusion

From now till 31 January 2023, Asia Miles members can earn a 10-15% bonus for transferring credit card points, with no cap on the maximum bonus miles.

Don’t forget that the bonus will not be credited instantly; you’ll have a wait of up to 10 weeks after the end of the promotion. If you’re travelling in the near future, remember to factor that into your calculations.

(HT: @laurent_rio)

Aaron Wong
Aaron Wong
Aaron founded The Milelion to help people travel better for less and impress chiobu. He was 50% successful.

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DrRespect

Does asiamiles still have availability issues when it comes to one world partners?

LANY

They certainly don’t make it easy to understand — the terms say its limited to Eligible Credit Cards, but what those credit cards are is not clear — will be checking back here for updates.

Ronald

Yes, i can only found credit cards issued at HK

pointspoints

Had the same issue. T&C provided a guide. You need to select the location for the cards to come up. Otherwise, it defaults to HK. https://www.cathaypacific.com/assetdetails.html/content/dam/focal-point/cx/payment/t-c/More_Miles_More_Rewards_TnCs_ROW_EN_FINAL.pdf

Finance partners outside of Hong Kong (“Eligible Finance Partners” ) refers to partners featuring under “Other Partner Credit Cards” at the Asia Miles website > select your “Location” > select “Earn Miles” > select “Finance & Insurance” under “Ways to earn” > Click on “Other Partner Credit Cards”).

Last edited 1 year ago by pointspoints
NeverAgain

Lost ~150K miles from the previous bonus as there was no opportunity to use it at all. Never again.

Bruno

CX has now activity based expiry for freshly earned miles.

Can extend by booking a cheap experience activity with Asia Miles (e.g. Jewel canopy park, or something cheaper overseas).
There are also other ways to get account “activity”.

NeverAgain

I never noticed the change. They also didn’t send a warning that points were expiring. And lousy behaviour that they didn’t grant free extensions when HK was on perpetual lockdown for 2+ years.

Krisflyer

No news of Krisflyer doing it this year? Many thanks.

Curious

I’m curious too

Mike

Hi Aaron, do you have an estimate how much time it takes for regular point transfers from various cards to be reflected in the Asiamiles account?

PC K

I have been trying to redeem Singapore – America and wasn’t able to get any availability on Business class :/ such a bummer

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