Overview
- American Express confirmed that Membership Rewards transfers to Cathay Pacific Asia Miles will move from 1:1 to 1,000:800 effective March 1, 2026.
- Thrifty Traveler estimates common awards will require more Amex points, such as LAX–HKG business class rising from 88,000 to 110,000 and British Airways business to London from 63,000 to 79,000.
- Other programs—Bilt, Capital One, Citi, and Rove—still show 1:1 transfers to Asia Miles, and Bilt says it has no plans to change its 1:1 ratios.
- This follows recent changes tied to Emirates, with Amex and Citi cutting transfer ratios, Capital One announcing a reduction, and Chase removing Emirates as a transfer partner.
- The front-end ratio cut makes the same airline awards effectively costlier in bank points even if mileage pricing at the airline remains unchanged.