Cathay Pacific’s mileage program Asia Miles has announced a new promotion offering bonus miles when loyalty members convert bank points to Asia Miles. Now through January 31, 2021, members can transfer points and receive up to 15% bonus miles. But, this promotion works a bit differently than other transfer bonuses. Here’s how to register and what to know before you transfer your points.

Prior to January 1, 2020, Asia Miles used to expire after 36 months, regardless of loyalty or activity. With a new year comes a program update and new ways to keep those miles active, so you don’t need to worry about losing value anymore.

To celebrate its 20th anniversary, Cathay Pacific is offering a 20% discount on awards to select destinations in the U.S. and Europe from Hong Kong.

An increased signup bonus of up to 60,000 miles has been announced on the Cathay Pacific Visa Signature® card through June 30, 2018. The Cathay Pacific card is the only Asia Miles credit card available in the US and carries a $95 annual fee.