CATHAY PACIFIC VISA SIGNATURE® CARD AND CATHAY PACIFIC VISA® CARD REWARDS ADDENDUM TO THE CATHAY MEMBERSHIP PROGRAM TERMS AND CONDITIONS (“CREDIT REWARD TERMS”)

By applying for and opening a Cathay Pacific Visa Signature Card or a Cathay Pacific Visa Card (each a “Cathay Pacific Visa Card”), you hereby agree to be bound by these Credit Rewards Terms. In addition, you acknowledge you have previously enrolled in the Cathay membership program (the “Rewards Program”), or if you have not, you agree to be enrolled in the Rewards Program, and to be bound by the Rewards Program Terms and Conditions (“Rewards Program Terms”), which are available at www.cathaypacific.com.

Make Purchases with your Cathay Pacific Visa Card and Earn Asia Miles

When you make an eligible net purchase (eligible purchases minus credits, returns and adjustments) (“Eligible Purchase”) with your Cathay Pacific Visa Card, you will automatically earn Asia Miles in your Rewards Program account if your Cathay Pacific Visa Card account is open and in good standing both at the time you make an Eligible Purchase and at the end of your billing cycle during which you made an Eligible Purchase. Asia Miles earned for an Eligible Purchase will be calculated at the end of the billing cycle in which the Eligible Purchase was posted to your Cathay Pacific Visa Card account and will appear in your Rewards Program account within 60 days provided your Rewards Program account is active. Eligible Purchases do not include special financing purchases, balance transfers, cash advances, finance charges and fees associated with your credit card.

• Cathay Pacific Purchases When you use your Cathay Pacific Visa Card for Eligible Purchases purchased directly from Cathay Pacific, you will earn 2 Asia Miles for every U.S. dollar spent, rounded to the nearest whole dollar.
• Dining and Foreign Transactions When you use your Cathay Pacific Visa Card for Eligible Purchases made at dining establishments or Eligible Purchases made outside the United States or in a foreign currency, you will earn 1.5 Asia Miles for every U.S. dollar spent rounded to the nearest whole dollar. Eligible Purchases made at dining establishments will be determined by the merchant category code (the “MCC”). Eligible Purchases made outside of the United States or in a foreign currency will be determined by the country of origin associated with the transaction or the currency code associated with the transaction. An MCC is a four-digit classification code that is assigned to a merchant by the merchant’s payment card network or merchant processor based on the predominant business activity of the merchant. The merchant’s MCC, the country of origin, and the currency code associated with the transaction will determine whether an Eligible Purchase qualifies for the 1.5 Asia Miles reward. For example, a dining purchase at the café area of a grocery store may have an MCC identification as a type of merchant other than a dining establishment and therefore would not qualify as a dining purchase under these Credit Reward Terms. Similarly, if while making a purchase outside of the United States you have an option from the merchant to pay in U.S. dollars or in the local currency (often called Dynamic Currency Conversion) and you choose to pay for the purchase in U.S. dollars and the merchant does not properly identify the country of origin for the transaction as outside of the United States, then the transaction would not qualify as a purchase made outside of the United States under these Credit Reward Terms. Neither Cathay Pacific, Asia Miles, nor Synchrony Bank assigns or has responsibility for the assignment of MCCs or country of origin codes associated with a transaction or evaluates what MCC or country of origin code should be assigned to a particular merchant. Neither Cathay Pacific, Asia Miles, nor Synchrony Bank is responsible for awarding Asia Miles for Eligible Purchases made at merchants that do not accurately report transactions using the correct country of origin code or using the MCC described above.
• All Other Purchases When you use your Cathay Pacific Visa Card for Eligible Purchases made everywhere Visa credit cards are accepted, you will earn 1 Asia Mile for every U.S. dollar spent, rounded to the nearest dollar.

Redeem Your Asia Miles

All Asia Miles earned with your Cathay Pacific Visa Card and credited to your Rewards Program account can only be redeemed in accordance with the Rewards Program Terms through your Rewards Program account by visiting www.cathaypacific.com. Your Cathay Pacific Visa Card account must be open and in good standing when your Asia Miles are calculated at the end of the billing cycle during which you made an Eligible Purchase. If your account is not in good standing at that time, any Asia Miles earned will not be posted to your Rewards Program account until your Cathay Pacific Visa Card account is brought back into good standing status. If your Cathay Pacific Visa Card account is closed for any reason before your Asia Miles are calculated or credited to your Rewards Program account, you will forfeit all Asia Miles you may have earned that had not yet been credited to your Rewards Program account. Asia Miles earned on or after January 1, 2020, will not expire as long as you earn or redeem Asia Miles on your Rewards Program account at least once every eighteen (18) months. Miles earned before January 1, 2020, will continue to expire three (3) years from the month in which they are posted to your Rewards Program account.

10% Redemption Discount on Hotel, Car Rental and Experience Awards

Applies to redemptions made at travel.asiamiles.com. Members must log in using the Cathay membership number linked to their Cathay Pacific Visa Credit card. The number of Asia Miles required to make a purchase using this redemption transaction will be reduced by 10%.

10% Discount on Asia Miles Gift Miles, Mileage Renewals and Mileage Transfer Fee Transactions

Applies only to Asia Miles Gift Miles, Mileage Renewals and Mileage Transfer Fee transactions completed online through www.cathaypacific.com. Members must log in using the Cathay membership number linked to their Cathay Pacific Visa Credit card. Full payment for Asia Miles Gift Miles, Mileage Renewals and Mileage Transfer Fee must be made on the Cathay Pacific Visa Card. The number of Asia Miles required to make a purchase using any of these redemption transactions will be reduced by 10%. Purchases subject to credit approval.

Travel Benefits

• Priority check-in
  Primary cardholders may check in at our Premium Economy class airport check-in counters. Alternatively, they can use our bag-drop counters. Travel companion(s) can also enjoy this benefit when travelling with the Primary cardholder. This benefit does not extend to the Business class or First class check-in counters.
• Priority boarding
  Primary cardholders can enjoy the same boarding line for Premium Economy class passengers on flights operated by Cathay Pacific. Alternatively, you may join the boarding line for Economy class passengers if Premium Economy class is not available. Primary cardholders must present their Cathay Pacific Visa Card when they board. This benefit is not extended to travel companion(s).
• Cathay Pacific Business class lounge access redemption
  Primary cardholders may use their Asia Miles to redeem access to Business class lounges.

Other Conditions

The Rewards Program is managed and operated by Asia Miles Limited (“AML”). AML is a wholly owned subsidiary of Cathay Pacific Airways Limited. AML reserves the right to cancel, modify, restrict, waive or terminate the Rewards Program or any aspects or features of the Rewards Program, and AML and Synchrony Bank (collectively, “We”) reserve the right to cancel, modify, restrict, waive or terminate any aspects or features of these Credit Reward Terms (including, without limitation, the number of Asia Miles earned for each dollar in Eligible Purchases made with your Cathay Pacific Visa Card), at any time and without prior notice. AML also reserves the right to remove any participant from the Rewards Program in the event of any fraud or abuse in connection with the Rewards Program. Asia Miles accumulated under the Rewards Program are transferable to other Cathay members for a fee once they are credited to your Rewards Program account. Asia Miles accumulated under the Rewards Program are not redeemable for cash and may not be used for gift-giving purposes. You acknowledge that the Asia Miles earned under the Rewards Program and under these Credit Reward Terms have no value and that the Asia Miles are purely promotional and are provided without the payment of any consideration or other thing of value. Unless and until Asia Miles are redeemed in accordance with these Credit Reward Terms and the Rewards Program Terms, you have no right, title or interest in the Asia Miles. If your Cathay Pacific Visa Card is closed, only the Rewards Program Terms will apply to your Rewards Program account and not these Credit Reward Terms. If your Rewards Program account is closed for any reason, you will no longer accumulate Asia Miles with your Cathay Pacific Visa Card. Your Rewards Program membership account must be connected to your Cathay Pacific Visa Card account in order to accumulate and redeem the Asia Miles earned with your Cathay Pacific Visa Card. Please contact Synchrony Bank at 1-866-273-9028 for Cathay Pacific Visa Signature Card and 1-866-273-9026 for Cathay Pacific Visa Card if you are not earning Asia Miles with your Cathay Pacific Visa Card. In the event of any conflict between these Credit Reward Terms and the Rewards Program Terms, the Rewards Program Terms will control.