Judging by the headline of this article, it would be easy to assume that there is only a positive change going on here. I’m here to tell you that it’s not quite so easy.
Currently, Cathay Pacific Asia Miles expire after 36 months of earning them no matter what you may do. As of January 1st, 2020, they will expire after 18 months of no activity on the account.
There is one caveat here that is pretty annoying to bear. Because any points that were earned before the change are under the old terms, they still follow the 36 month expiration. Luckily Cathay Pacific will allow you to convert points over to the new terms… at a price. It will cost $40 for an online service fee to switch to the new terms.
Depending on how you use the points, and how active your Cathay Pacific account is, this may either be a good or bad thing. There’s no doubt that moving forward, it is good to not have points expire if there is activity on the account. However, it does mean that at least once every 1.5 years you’ll need to have some sort of activity. If you were to do something every three years under the old terms, then it may not be a big deal.
I think the real blow here is the fact that the changes are not retroactive. How can they think it’s ok to charge you to change to new terms? I think that’s pretty ridiculous. If you want the old terms great, but you shouldn’t be penalized for wanting the new terms. Either way, all new points will be on the new terms, and that is without being charged a fee.
What do you think about these changes? Which terms do you get an advantage from? Let us know down in the comment section below what you will do with your points.