American Express® Cathay Pacific Elite Credit Card

Last Updated:Oct 2020
$300,000
Min. Annual Income
Offers
Benefits
Eligibility
APR/Fees

Offers

Exclusive Offer

from MoneyHero

OPTION 1

HK$500 supermarket coupon

From now till 30 November 2020, for new customers applying through MoneyHero

Welcome Offers from American Express

OPTION 1

Up to 76,000 Asia Miles

  • New customers apply online successfully and accumulate the designated spend amount in the first 3 months:
  • Online application Bonus: 1,000 Asia Miles - Submit application online
  • Exclusive Welcome Bonus: 5,000 Asia Miles - Spend first HK$5,000 in the first 3 months
  • Local Spend Bonus: Up to 40,000 Asia Miles - HK$5 = 1 Asia Mile Earn Rate in the first 3 months (Subsequent spending: HK$200,000)
  • Foreign Currency Spend Bonus (Both Online And Offline): Up to 30,000 Asia Miles - Foreign currency spend equivalent to HK$3 = 1 Asia Mile Earn Rate in the first 3 months (Max spending: HK$90,000)
  • The promotion period is valid from now till 30 November 2020.

7,000 miles earned from new customers' spending HK$5,000; Online Fraud Protection Guarantee

Please turn off AdBlocker and private mode to redeem exclusive offer

7,000 miles earned from new customers' spending HK$5,000; Online Fraud Protection Guarantee

Please turn off AdBlocker and private mode to redeem exclusive offer

Airport Lounge
Airport Lounge
Utilities Wallet Rebate
Utilities Wallet Rebate
Free Travel Insurance
Free Travel Insurance
Annual Fee Waiver
Annual Fee Waiver
Airport Lounge
Airport Lounge
Utilities Wallet Rebate
Utilities Wallet Rebate
Free Travel Insurance
Free Travel Insurance
Annual Fee Waiver
Annual Fee Waiver

Great for

Requirements Welcome Offers
Online Application Bonus
Basic Cardmembers submit their Card application online
1,000 Asia Miles
Welcome Bonus
accumulate spending of first HK$5,000, and enjoy HK$1 = 1 Asia Mile Earn Rate in the first 3 months
5,000 Welcome Bonus Miles
Local Spend Bonus
HK$5 = 1 Asia Mile Earn Rate in the first 3 months (Spending: HK$200,000)
40,000 Asia Miles
Foreign Currency Spend Bonus (Both Online And Offline)
Foreign currency spend equivalent to HK$3 = 1 Asia Mile Earn Rate in the first 3 months (Max spending: HK$90,000)
30,000 Asia Miles
MoneyHero Exclusive Offer
successful applications via MoneyHero
HK$500 supermarket coupon
Up to 76,000 Asia Miles + HK$500 supermarket coupon
Spend with the Card and earn miles
  • First 3 months
    Local Spending - HK$5 = 1 Asia Mile
    Foreign Currency Spending - HK$3 = 1 Asia Mile
  • Thereafter
    Local Spending - HK$6 = 1 Asia Mile
    Foreign Currency Spending - HK$4 = 1 Asia Mile
Shopping Protection
Spend with the Card to enjoy the following protection:
  • Online Fraud Protection Guarantee
    Shop online with the Card and you won't be held responsible for any fraudulent charge.
  • Return Guarantee
    Refund if you are unhappy with the purchase made with the Card.
  • Extended Warranty
    Extend the original manufacturer's warranty by up to 1 year automatically when you purchase the item with the Card.
  • Price Protection
    Refund the difference when you see an identical item offered at a cheaper price in Hong Kong within 14 days of your purchase
  • 45 Days Cover
    Almost anything you buy with your Card is insured against theft or accidental damage for up to 45 days after the date of purchase.
  • Terms and Conditions apply.
Travel Offer
  • Complimentary Plaza Premium Lounge access worldwide
  • Priority redemption for selected discount flight awards bookings online
  • Travel Accident insurance with coverage up to HK$3.5 million
  • Enjoy Enrolment Fee Waiver for Green tier membership of The Marco Polo Club
First-year Annual Fee Waiver
  • Spend HK$150,000 annually or hold The Marco Polo Club Silver membership tier (or above) at the time of your annual Card fee renewal, annual card fee of HK$1,800 will be waived for the following year.

Need to know

Existing Cardmembers or applicants who have held the Card at any time within the past 12 months are not eligible for the MoneyHero Limited-Time Exclusive Offer, Welcome Offers, and the first year annual fee waiver.
  • Existing American Express® Cathay Pacific Elite Credit Card Basic Cardmember / American Express® Cathay Pacific Credit Card Basic Cardmember and applicants who have held either the Basic Card of American Express® Cathay Pacific Elite Credit Card / the Basic Card of American Express® Cathay Pacific Credit Card at any time within the past 12 months from the date of this application are not eligible for MoneyHero Exclusive Offer, Welcome Offers, and the first year annual fee waiver.
How to redeem MoneyHero Exclusive Offer

Benefits

Year-round rewards

Cash rebate
Air miles rewards
Air miles rewards
Local Spending
$6/mile
Overseas Spending
$4/mile
Dining Spending
$6/mile
Online Shopping Spending (Local)
$6/mile

Year-round benefits

OFFER 1

Complimentary visits to the Plaza Premium Lounges at the airport

Eligibility

APR/Fees

Isn't the best product for you?

Compare more credit cards on MoneyHero

Need some help?
No worries, we've got you covered!
How many types of credit cards in Hong Kong? How should I choose my credit cards?

The main types of credit cards in Hong Kong are VISA and MasterCard, followed by American Express and JCB.

In order to choose the best credit card, you can consider the popularity and offers of the card types, and also the reputation of banks, class of the credit cards, etc. Many people own several credit cards to meet different needs nowadays. Also, you can consider your spending habits and choose Cash Back Credit Cards, Airmiles Credit Cards, Dining Credit Cards, Online Shopping Credit Cards, Premium Credit Cards, Corporate Credit Cards, Entry Level / Student Credit Cards, UnionPay Credit Cards, or Welcome Offers Credit Cards. You can also make use of MoneyHero comparison pages, and compare latest offers of credit cards.

What are Air Miles?

Air miles, also known as frequent flyer miles, serve as a customer loyalty program for airline passengers. Airlines reward you with points each time fly with them, and you eventually build up enough points that you can redeem for incentives, such as free or discounted tickets or ticket upgrades. Besides, some credit cards also offer Air Miles rewards so that you can accumulate miles based on how much you spend on your credit card.

Why should I earn Air Miles with Credit Card?

Air miles are one of the common type of credit card rewards. If you're a frequent traveler and use your credit card to book flights and accommodation on a regular basis, you can earn more air miles faster, and exchange these miles for discounted flight tickets and other benefits. If your credit card is co-branded with a specific airline that has a frequent flyer programme such as American Express Cathay Pacific Elite Credit Card and CCB (Asia) Hong Kong Airlines Fly Away Credit Card, you can also choose to have the points you earn converted into air miles.

How do air miles work?

Every time you make a transaction with an air miles credit card, you will accumulate a certain number of points based on the amount spent. For example, for every HK$5 you spend using your card, you could get 15 points which you can exchange for 1 air mile.

Many credit cards also have welcome offers to entice you to sign up for their cards. A sign-up reward may come in the form of 20,000 free miles that you'll receive when your card application is approved. For example, Standard Chartered Asia Miles MasterCard and BEA Flyer World MasterCard reward customers with Asia Miles upon spending a specified amount with their credit card.

When you accumulate enough miles, you can redeem them the next time you buy flight tickets. If you're lucky enough to receive 20,000 free miles as a welcome bonus, you're already more than halfway towards earning a return flight from Hong Kong to Tokyo.

How to redeem Air Miles?

When you've collected enough reward points on your card, you can exchange these for air miles and redeem them over-the-counter, over the phone, through online banking, or any other method specified by the credit card provider. Banks and airlines have different air mile conversion rates depending on the type of credit card.

When redeeming points, remember that the number of air miles you accumulate doesn't equate to the number of actual miles you will fly if booking airline tickets. For example you might need to collect up to 15,000 air miles in order to be able to redeem a complimentary one-way economy class ticket, as opposed to 100,000 airline miles needed to obtain a one-way business class ticket on the same flight.

You can also use your air miles to upgrade from economy to business class, or business to first class. This can cost around 50,000 air miles or more, depending on the seat class that you want to upgrade to, and the airline offering the flight.

Redeeming points for a companion is also possible at a discounted rate. For example, your business class ticket can cost around 120,000 air miles, but if you buy another business class ticket for a companion, you can exchange it for only 75,000 air miles.

Air miles aren't just for air miles. You can also redeem accumulated points for specific gift items, free entry to events, discounted set menus at select restaurants and other rewards. Such redemption depend on the air miles reward program affiliated with that specific credit card.

What kinds of transactions are eligible for air miles rewards?

You can earn air miles on the credit card only if you make "eligible purchases", which every card issuers and even credit cards have different definitions. Some credit cards only count local and overseas retail purchases as"eligible purchases". Oher spendings, like instalment amount, internet banking bill payment service, autopay service and Octopus automatic add-value service, are excluded. Please read and understand your credit card?s terms and conditions to earn more air miles rewards.

Which airline air miles programs are available?

Asia Miles are the most popular air miles program available in Hong Kong. Most cards have a partnership with Asia Miles so they earn air miles for this program for every purchase made with their cards.

Another air miles program common in Hong Kong is Japan Airline's ANA Miles. While it may come off as expensive, it has great value for group or family travels.

Other air miles programs include KrisFlyerAvios, and United Airlines' MileagePlus.

Do I have to pay when I convert my credit card points to Air Miles?

Some credit cards will directly convert your spending to Air Miles without any extra fees and procedure (e.g. Standard Chartered Asia Miles MasterCard), while some other cards would require customers to exchange for Air Miles with the credit card points earned, and handling fee may apply. Normally each time the bank will charge HK$50 - HK$300, depending on the amount of Air Miles exchanged.

Do award tickets include taxes and fees?

All taxes and fees are not included. You are required to pay for the applicable departure taxes, other airport or government handling fees, fuel surcharges, security and insurance charges and any other fees charged by any authorized entity. These charges will be deducted from your credit card when they issue your award ticket.

How long are air miles valid for?

Asia Miles are valid for 3 years from the month the mileage is credited.

How do I choose the best Air Miles credit card?

Apart from comparing the welcome offers and air miles rewards, you also need to look at annual fees, APRs, penalty policies, and terms & conditions of the related rewards. With an advanced credit card comparison tool like MoneyHero.com.hk, this task has been made much easier for consumers like you. With just a few clicks of a button, you can easily compare different credit cards in Hong Kong and see which one is most suitable for your needs.

MoneyHero.com.hk

© 2013 - 2020 MoneyHero Global Limited (registered in Hong Kong under company number 1864714) (“MHGL”). All rights reserved. MoneyHero Insurance Brokers Limited (registered in Hong Kong under company number 2196683) (“MHIBL”) is a wholly owned subsidiary of MHGL. MHIBL is an authorized insurance broker with Insurance Authority License Number FB1740 whose business it is to arrange insurance products and services for its clients. MHGL is not an insurance company, agent or broker. Other than the provision of marketing services to virtual insurance companies that do not work with insurance intermediaries, MHGL does not carry on an insurance business and all insurance-related activities displayed, offered or referred to on this site are carried out solely by MHIBL in its capacity as an insurance broker. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy.

1.30.0-eb8f670b3