Synchrony Cathay Pacific Credit Card Review (2019.7 Update: 50k Offer)

Cathay Pacific (CX) Visa Signature Card Review

2019.7 Update: The new offer is 50k, and the spending requirement is a bit high. Offer expires on 2019.9.30.

Application Link

Benefits

  1. 30k + 20k offer: earn 30,000 Asia Miles after spending $3,000 within the first 90 days; earn additional 20,000 Asia Miles after spending $8,000 within the first 6 months. So the total bonus is 50k.
  2. Earn 2 Asia Miles per $1 spent on eligible Cathay Pacific purchases, 1.5 Asia Miles on restaurant and purchases outside US, 1 Asia Mile per $1 on other purchases.
  3. New members will enjoy a complimentary first year green tier membership in the Marco Polo Club.
  4. No foreign transaction fee.

Disadvantages

  1. $95 annual fee, waived for the first year.
  2. Asia Miles will expire after 3 years from the earning date. Unlike the airlines in the US, Asia Miles DO NOT reset the clock for miles activity. So do not accumulate Asia Miles if you don’t have a plan.

Recommended Application Time

  1. We recommend you apply for this card after you have a credit history of at least two years and you are very comfortable with the credit card game.

Summary

The 50k highest sign-up bonus is a decent offer, catch it if you have a traveling plan. The regular 25k offer is just so so. Remember that you can also get Asia Miles by transferring from Citi TYP and AmEx MR, so this offer is just another way to stack Asia Miles. Synchrony is not a big player in the miles game, we should probably wait for more data points before applying.

Historical Offers Chart

Note: there is a 35k + 25k offer, but the spending requirement for the 25k part is too much, so I don’t count that as sign-up bonus.

Application Link


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