Can international rewards make this your favored plastic travel companion?
- Get this card if you want to directly earn Asia Miles for travel.
- Pick something else if you want a more robust rewards program.
- Apply with a good to excellent score of 670 or higher.
|Product Name||Cathay Pacific Visa Signature® card|
|APR (Annual Percentage Rate) for Purchases||17.99% or 20.99% variable|
|Introductory Purchase APR|
|Introductory Balance Transfer APR|
|Cash Advance Rate||29.99% fixed|
|Foreign Transaction Fee||None|
|Cash Advance Fee||$10 or 5% of the cash advance amount, whichever is greater|
|Interest Free Period||Up to 23 days|
|Late Payment Fee||Up to $38|
|Minimum Age||18 years of age|
|Welcome Offer||40,000 miles when you spend $2,000 in the first 90 days|
|Rewards||2x miles on eligible Cathay Pacific travel and in-flight purchases, 1.5x miles on dining, 1.5x miles on all other purchases outside of the US and 1x miles on all other purchases in the US|
|Base Rewards||1x miles|
|Rewards Points Expiration||Asia Miles expire 36 months from when you earn them|
The Cathay Pacific Visa Signature® card is one of the few cards to allow direct accumulation of Asia Miles. You can redeem these miles on a variety of travel rewards, including participating hotel stays, car rentals, Cathay Pacific or partner flights and more.
The reward rates aren’t too shabby, letting you earn accelerated miles on both flight and international purchases. And you can earn a solid welcome bonus to help offset the annual fee for the first year.
Where the card stumbles is flexibility: the reward rates are good, but limited. But if you travel primarily in areas serviced by Cathay Pacific and its partners, you might find value in this card.
Another airline credit card
Gold Delta SkyMiles® Credit Card from American Express
- Signup bonus.
Spending $2,000 within 90 days of your account opening earns you 40,000 bonus miles. Your account must be open by March 31, 2019 to take advantage of this offer.
- Rewards miles.
Earn 2x miles on eligible Cathay Pacific flight purchases, and 1.5x miles on dining in the US and abroad. You’ll also earn 1.5x miles on all eligible international purchases, and 1x miles on all other purchases.
- Variety of reward categories.
You can redeem your points for flights with Cathay Pacific and its partner airlines, hotels, car rentals, attraction tickets, gift cards and other eligible merchandise.
- No foreign transaction fee.
You won’t need to worry about paying foreign transaction fees when using this card abroad.
You’ll also like …
- Visa Signature travel perks.
This card offers the standard array of Visa Signature travel perks, including 24/7 concierge services, emergency card replacement and car rental insurance.
- Marco Polo Club.
Upon opening your account you’ll gain entry to the Marco Polo Club along with complimentary Green membership for your first year — a $100 value.
What to watch out for
- Miles expire
Your Asia Miles expire 36 months from when you earn them. Gaining additional miles doesn’t reset the expiration date on your existing miles.
- Annual fee.
This card features a $95 annual fee and doesn’t include a first-year waiver.
- High APR.
Your starting interest will be either 17.99% or 20.99% variable APR, depending on your creditworthiness.
Compare travel credit cards
While the 40,000 intro bonus and access to the Marco Polo Club offer great value for the first year, this card soon falls short if you’re not consistently traveling with Cathay Pacific or its partner airlines.
If you’re looking for a credit card with greater travel perks, compare your options to find one that best suits your needs.