01 · Balances
02 · Worth it?
0¢baseline2×
03 · Redemption log
04 · Sweet spots
AA miles → JAL business · US ⇄ Japan60k
The crown jewel — fixed partner chart, often worth 5–7¢/mile.
AA miles → Cathay business · US ⇄ Hong Kong70k
Fixed price; availability is the catch — check 331 days out.
Asia Miles → intra-Asia hops (HKG ⇄ TPE/NRT)7.5–12k
Clean 2–3¢/mile, and Cathay shows its members the most award space (360-day window).
Chase UR → Hyatt 1:1 · "Lowest"-tier nights3–35k
Date flexibility is the whole game on the new 5-tier chart.
Capital One → Asia Miles / Avios / Qatar 1:1flex
The feeder currency — hold uncommitted, transfer to whichever program the award needs.
⚠ Cathay overhauls Asia Miles in 2027 — burn the sweet spots before then.