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I’m currently building a trip to Asia this fall/winter with my buddy, Dave. If you’re a regular reader of the blog, you know the two of us like to take crazy weekend trips ( Shanghai ), but this time we’re going to go for a bit longer. We’ve been circling a few different areas, and are currently thinking it’d be a good time to hit up Korea, work in some time in the Philipines, and angle back through Hong Kong. In all Miles’ crazy routing ideas, there is one thing Dave is insistent upon…Cathay First. He has good taste, nay, the man is a connoisseur of the finer things in life. Caviar please and keep the bubbles flowing! As you can see below, the last time we didn’t have fun at all. 🙂
Cathay First sounds like an amazing idea, but I’d also like to try out a new product in the opposite direction. Dave is looking to mainly use a combination of Amex and Chase points, but I’m earning quite a bit of Alaska miles this year in organic travel and would rather use those, if possible. So we need something that could be achieved with both currencies. The solution? A combination of Korean Business Class and Cathay First.
Korean Airlines can’t be booked as a one way on its own when using Alaska Miles, but can in combination with a partner, roundtrip.
I’m sure you heard that Korean Air redemptions must be roundtrip when using Alaska miles. While this is completely true, you can actually book Korean Air as a part of a roundtrip itinerary ( including a partner) and it’ll be priced at 1/2 the roundtrip price. However, if I were to book this as a roundtrip, and then drop the partner return, the roundtrip price would be charged.
My Plan is to book JFK to ICN to Manila on Korean’s 747-8 upstairs and a return in Cathay business: MNL-HKG-JFK. With the plan to move into Cathay First when avail opens.
Korean has an outstanding business class featuring an Apex Suite. While I’ve never flown in an Apex Suite, the reviews are stellar. I’d love to compare it, and think the 747-8 would be a really cool way to give it a go, but any aircraft fitted with it would be great.
Ultimately this should price out at 52.5k for the Korean business class leg, and then between 50k and 70k for the Cathay leg. An incredible trip, and a great opportunity to use Alaska miles at a high redemption rate, and utilize Dave’s Chase and Amex points for transfers into Asia Miles and Korean.
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The Chase Sapphire Preferred is a great starter card that earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based.
60k Points after $4k spend in 3 months
80k offer in branch currently – I think this should be online soon
Transferrable Chase Ultimate Rewards
Super solid welcome offer.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex℠and Chase Freedom Unlimited® or the business versions: Ink Business Cash , Ink Business Unlimited you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
- 3x on dining
- including eligible delivery services for takeout
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- 5x on all travel purchased through Chase Ultimate Rewards – Chase Travel Portal
- $50 Annual Credit on hotel stays purchased via Ultimate Rewards/Chase Travel
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred® continues to redeem at 1.25c in the Chase Travel Portal and the slew of other benefits remain in tact including primary rental car insurance, purchase protections, etc.
- Points are transferrable to 13 Ultimate Rewards partners
- Redeem in the Chase Travel center for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Primary rental car coverage is my favorite
There is currently an 80k offer after $4k spend in 3 months available in branch, and up to 90k after $6k spend in 6 months. I suspect some version of this will be online soon if you don’t want the hassle of going into a branch.
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 60k is a very, very good offer. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back. .
Cards that earn flexible points and should be used on the bulk of your purchases.
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.