What is the ANZ Rewards to Cathay / Asia Miles transfer ratio?

The current ratio is 3:1, so 10,000 ANZ Rewards converts to 3,333 Cathay / Asia Miles points.

Can I transfer Cathay / Asia Miles points back to ANZ Rewards?

No. Points transfers are one-way and can't be reversed, so only move points across once you've found award space you intend to book.

How long does a ANZ Rewards to Cathay / Asia Miles transfer take?

It varies by program — some transfers post almost instantly, others take anywhere from a few hours to several days. Because of that delay, never transfer speculatively against an award seat you haven't confirmed is bookable.

Is there a minimum transfer amount?

Yes — the minimum is 1,500 ANZ Rewards per transfer. Transfers typically move in set increments, so check the exact step before you start.

ANZ Rewards → Cathay / Asia Miles

Last updated 14 June 2026

Ratio

3 : 1

Current bonus

None

Minimum transfer

1,500 pts

10,000

ANZ Rewards

3,333

Cathay / Asia Miles points

Transfer calculator →Best cards for Asia Miles →Source

Is it worth transferring?

ANZ Rewards transfers to Cathay / Asia Miles at 3:1, so factor the conversion in when you compare it against other ways to use your points. There's no transfer bonus on this pair at the moment — if you're not in a hurry, it can pay to wait for one.

The golden rule with any points transfer: only do it once you've found award space you can actually book. Transfers are one-way and can take time to land, so converting speculatively risks stranding your points in a program where you can't use them. Search availability first, hold the seat if the program lets you, then transfer the exact amount you need.

What you can do with Cathay / Asia Miles points

Standard awards use a distance-based chart, while partner awards are priced separately. Cathay business and first class to Asia and beyond are the headline redemptions, with the distance bands rewarding shorter and medium-haul hops particularly well.

→Cathay Pacific business and first class between Australia and Hong Kong, then onward across Asia.
→Short and medium-haul oneworld hops that land in the lower distance bands.
→Round trips that take advantage of the distance-based pricing rather than two one-ways.

Asia Miles guide →Award flights →

Cards that earn ANZ Rewards

ANZ Rewards Black Credit Card2 pt/$
ANZ Rewards Platinum Credit Card1.5 pt/$

All credit cards →

Frequently asked

What is the ANZ Rewards to Cathay / Asia Miles transfer ratio?: The current ratio is 3:1, so 10,000 ANZ Rewards converts to 3,333 Cathay / Asia Miles points.
Can I transfer Cathay / Asia Miles points back to ANZ Rewards?: No. Points transfers are one-way and can't be reversed, so only move points across once you've found award space you intend to book.
How long does a ANZ Rewards to Cathay / Asia Miles transfer take?: It varies by program — some transfers post almost instantly, others take anywhere from a few hours to several days. Because of that delay, never transfer speculatively against an award seat you haven't confirmed is bookable.
Is there a minimum transfer amount?: Yes — the minimum is 1,500 ANZ Rewards per transfer. Transfers typically move in set increments, so check the exact step before you start.

Related transfers

Other ways to get Cathay / Asia Miles points

Westpac Altitude Rewards 3:1

Other places ANZ Rewards transfers to

Velocity 2:1 KrisFlyer 3:1 Airpoints 200:1

Find the seat first, then transfer — how moving flexible points to airlines really works.

Amex Membership Rewards in Australia: the flexible points hub

The flexible currency that feeds many programs — hold, then transfer only when you find a seat.

Southeast Asia on points: Singapore, Bangkok, KL and beyond

Singapore, Bangkok and KL on points — the programs, the hubs and the medium-haul sweet spots.

How to fly to Japan on points from Australia

Tokyo on points — Qantas, JAL and ANA from Australia, premium-economy value and the seasonal crush.

Transfer ratios and bonuses change frequently. Confirm the current ratio with ANZ before transferring — transfers are usually one-way. See our methodology.