Disclosure: The MasterMiles Co. & its contributors may receive a referral bonus or commission from links posted on this site. All posts and opinions are those of the authors alone.
Cathay Pacific is currently holding a promotion called “Grab and Fly” where they are offering a 20% discount on economy class flight award redemptions on select destinations for travel between October to December 2019. The flights that are included are as follows:
Hong Kong and Boston CX 812 ( October 1 to December 13, 2019)
Hong Kong and Los Angeles (October 20 to November 30, 2019)
Hong Kong and New York (Newark) (October 8 to November 30, 2019)
Hong Kong and San Francisco (October 20 to November 30, 2019)
Hong Kong and Seattle (October 20 to December 13, 2019)
Hong Kong and Washington, DC (October 8 to November 30, 2019)
Hong Kong and Amsterdam CX271 (October 1 to October 30, 2019)
Hong Kong and Dublin (November 6 to November 30, 2019)
Hong Kong and Frankfurt (November 6 to November 30, 2019)
Hong Kong and Zurich (October 14 to November 30 2019, with blackout dates from October 30 to November 5, 2019)
Normally, 30,000 to 42,000 Asia Miles are needed to redeem award tickets between these cities. With this promotion, a flight can be redeemed as low as 24,000 to 33,600 Asia Miles.
I was surprised with the way that Asia Miles is running this promotion. They staggered their members on when they can redeem these discounted flights. Priority redemption period is from July 29-31, 2019 while the general redemption period is from August 1-26, 2019. Obviously, higher tiered members will be to access the promotion first and thus, will see more award availability. Priority redemption is further complicated with the Marco Polo Club status you carry and whether you own a Cathay Pacific co-branded credit card.
3-Day Priority Redemption
If you are a Silver or above member of Marco Polo Club and hold a Cathay Pacific co-branded credit card, you are entitled to a 3-day priority redemption and can redeem starting 29 July 2019.
2-Day Priority Redemption
If you are a Marco Polo Club member or a primary card holder of a Cathay Pacific or Asia Miles co-branded credit card, you are entitled to a 2-day priority redemption and can redeem on July 30, 2019.
USING ASIAMILES VERSUS CASH
In general, buying a one-way ticket is more expensive than buying a round trip ticket. I remember the days when Cathay Pacific Asia Miles used to offer a lower redemption cost for round trip tickets. This was gone after the changes made to the program on June 22, 2018. With the current Asia Miles program, a round trip flight award redemption is equivalent to two one-way flight award redemptions.
To give you an idea on the value of this promotion, I checked Google Flights to see how much a one-way ticket would cost if I were to use cash.
Among the US destinations, buying in cash generally is more expensive exiting HKG compared to exiting US cities. With European destinations, the difference is less remarkable.
This promotion is not for everyone, especially not for those who want to save their points for premium class redemptions. Personally, I won’t be availing of this promotion, but this may present value to some. The real value in using Asia Miles for this promotion is saving cash if you intend to travel only one-way in economy class. For example: returning back from an Asian destination (low cost airlines are available from various Asian countries going to Hong Kong). Redeeming a round trip ticket in this promotion might not present an excellent value because it might be wiser to buy a round trip economy ticket using cash instead of using your Asia Miles.
Jayson set his foot on a plane when he was 12 year old and loved it ever since. His ardent wanderlust had helped him explore the world amidst his busy work schedule. He does not mind travelling solo to explore what every city has to offer. Although he was introduced to the world of miles and points on a later time, it did not prevent to learn to use points strategically in his travel. His trips were immediately transformed from economy class and hostels to luxurious first class and hotels, and never looked back.