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Cathay Pacific has shared the details of a new promotion in honor of its 70th anniversary. You can earn up to 60,000 Asia Miles when you complete a round-trip flight between the airline’s US gateways in Boston (BOS), Chicago (ORD), Los Angeles (LAX), New York (JFK & EWR) and San Francisco (SFO) and Hong Kong (HKG) in first, business, or premium economy between now and December 31.
If you book a first-class ticket from JFK, you would earn a total of 84,178 Asia Miles — 24,178 miles from flying and then 60,000 from the bonus. The bonus for premium economy is only 30,000 miles, but is still a great deal, considering the price difference between a premium-economy fare and a first-class ticket.
If you don’t already have an Asia Miles account, you’ll get another 500 miles for taking advantage of this promotion after creating a new account. Having status with Cathay Pacific through the Marco Polo Club can sweeten the deal even more, letting you earn additional bonus miles on top of the bonus and regular miles. With these bonuses stacked, you could earn almost 100,000 miles for a round-trip flight. Asia Miles can be a valuable currency, especially if used in the right way by leveraging Oneworld partners. You can book flights with 2 stopovers, 2 transfers and 1 open jaw if you use your miles correctly.
Cathay Pacific is commonly regarded as one of the world’s best airlines and its first-class service is especially fantastic. While a full-fare first-class ticket will cost a small fortune, the carrier’s premium economy fares are quite reasonable — we’re seeing fares between San Francisco (SFO) to Hong Kong (HKG) starting at $1,774 round-trip.
If you do decide to take advantage of this deal, don’t forget to use a credit card that earns additional points on airfare purchases, such as the Chase Sapphire Reserve, Premier Rewards Gold Card from American Express or Citi Prestige (3x on airfare) or the Chase Sapphire Preferred Card (2x on all travel purchases). Check out this post for more on maximizing airfare purchases.
The Points Guy Assessment:
The Chase Sapphire Preferred is a great pick for the beginner and the frequent traveler. The CSP has superb travel benefits, double points on certain purchases, and a 50,000 point sign up bonus. The $95 annual fee is waived the first year so this puts it as one of the less expensive cards, while still allowing you to earn one of the most valuable point currencies.
- Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
- Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
- No foreign transaction fees
- 1:1 point transfer to leading airline and hotel loyalty programs
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
- No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards