Tag: Cathay Pacific Asia Miles Visa

Cathay Pacific Asia Miles Visa: An In-Depth Review

The Cathay Pacific Asia Miles Visa is a premium travel rewards credit card issued by Cathay Pacific in partnership with Visa. Tailored for frequent travelers and those who enjoy flying with one of Asia’s leading airlines, this card offers a host of benefits designed to enhance the travel experience while providing excellent rewards opportunities.

Card Type

This credit card can be classified as a co-branded travel rewards card. It is specifically designed for individuals who frequently travel with Cathay Pacific and other oneworld alliance airlines, allowing users to earn Asia Miles that can be redeemed for flights, upgrades, and other travel-related expenses.

Annual Fee

The annual fee for the Cathay Pacific Asia Miles Visa is $95. This fee is quite standard for travel rewards cards, and it effectively grants cardholders access to an extensive suite of travel-related benefits.

Rewards Program

Cardholders can earn Asia Miles with each purchase made using the Visa card. The rewards structure includes:

• 3 Asia Miles per dollar spent on Cathay Pacific and eligible oneworld airline purchases.
• 2 Asia Miles for every dollar spent on travel-related purchases such as hotels and car rentals.
• 1 Asia Mile for every dollar spent on all other purchases.

Rewards can be redeemed for flights, seat upgrades, hotel stays, and a variety of travel experiences, making it a versatile option for travelers.

Sign-Up Bonus

New applicants can take advantage of a generous sign-up bonus of 30,000 Asia Miles. To qualify, consumers must spend $3,000 within the first three months of account opening. This bonus is an excellent incentive for those looking to kickstart their travel rewards journey.

APR (Annual Percentage Rate)

The Cathay Pacific Asia Miles Visa has a regular APR of 15.99% to 22.99%, depending on the creditworthiness of the applicant. Currently, there is no introductory APR offer available, so new cardholders should be mindful of the interest rate when carrying a balance.

Foreign Transaction Fees

This card does not charge foreign transaction fees, making it a great choice for international travelers who wish to avoid extra charges while abroad.

Balance Transfer Options

While the card does not offer promotional balance transfer rates, it does allow balance transfers at the regular APR, which is a critical consideration for those looking to manage their existing debt.

Additional Fees

• Late Payment Fee: Up to $39.
• Cash Advance Fee: 5% of the cash advance amount, with a minimum of $10.

Card Benefits and Perks

The Cathay Pacific Asia Miles Visa provides attractive benefits, including:

• Travel Insurance: Coverage for trip cancellation, interruption, and travel delays.
• Concierge Services: Access to exclusive assistance for travel arrangements, dining reservations, and more.
• Airport Lounge Access: Complimentary access to select airport lounges worldwide.

Customer Protections and Insurance

Cardholders benefit from several protections, including fraud liability (zero liability for unauthorized transactions), purchase protection, and rental car insurance. These features enhance the card’s value, providing peace of mind to users.

Eligibility and Credit Score Requirements

To qualify for the Cathay Pacific Asia Miles Visa, applicants are generally expected to have a good to excellent credit score, typically within the range of 700-850. Additional eligibility criteria may include proof of income and residency.

Introductory Offers

While there are currently no additional introductory offers available beyond the sign-up bonus, cardholders can still enjoy the full suite of travel rewards and benefits from day one.

Special Features or Unique Selling Points

One unique feature of the Cathay Pacific Asia Miles Visa is its ability to help customers earn extra miles through various partnerships with hotels and restaurants, further enhancing earning potential for cardholders.

How to Apply

Applying for the Cathay Pacific Asia Miles Visa is straightforward. Interested applicants can submit their application online by visiting the ‘>Apply Here today!

For further financial insights and information about managing your credit cards wisely, check out UpCube.net.