4 More Days: Cathay’s Asia Miles to devalue; switch new award chart on October 1, 2023

In July 2023, Cathay Pacific announced a significant devaluation of their award chart, which will be live on October 1, 2023. The date is near, so time for a reminder.

Cathay’s award chart to devalue on October 1, 2023

Cathay Pacific will be moving on to a new award chart, which as per them, is “delivering new value.” However, it will be a devaluation, where premium awards will cost 20-30% more on October 1 and onwards compared to today. Read about it here.

For reference, here is the current award chart for AsiaMiles redemption on Cathay Pacific only.

a white table with black text

Come October 1, 2023, this is how this award chart will look like. Note that Short Distance awards are now split into Type 1 and Type 2.

a table with a number of airline miles

Here is the Multi-carrier award chart as of today, for flight distance up to 50,000 miles using Cathay’s Asia Miles. In the case of Multi-carrier awards, you can redeem:

  • Two oneworld alliance airlines, which Cathay Pacific is not one of your selected carriers; or
  • Three or more oneworld alliance airlines, which Cathay Pacific is one of your selected carriers.

a screenshot of a white table

On October 1, 2023, this chart also goes up in terms of the number of Asia Miles required.

a screenshot of a white table

From an Indian perspective, the following cards allow for transfers to Cathay’s Asia Miles:

  • Citi Prestige: 1 Point = 4 AsiaMiles
  • Citi PremierMiles: 2 PremierMiles = 1 AsiaMile
  • American Express Membership Rewards: 2 MR = 1 AsiaMile

If you have any AsiaMiles left, you should redeem them before October 1, 2023, as before this date, tickets issued will still be with the old award rates.


Cathay’s AsiaMiles award devaluations will come into effect on October 1, and Cathay Pacific notified these changes in July 2023. The new award chart will increase the miles required on various award charts of Cathay Pacific, so you would do well to lock in your award bookings by September 30, 2023.

What do you make of the incoming devaluation of Cathay Pacific Asia Miles?

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About Ajay

Ajay Awtaney is the Founder and Editor of Live From A Lounge (LFAL), a pioneering digital platform renowned for publishing news and views about aviation, hotels, passenger experience, loyalty programs, travel trends and frequent travel tips for the Global Indian. He is considered the Indian authority on business travel, luxury travel, frequent flyer miles, loyalty credit cards and travel for Indians around the globe. Ajay is a frequent contributor and commentator on the media as well, including ET Now, BBC, CNBC TV18, NDTV, Conde Nast Traveller and many other outlets.

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