Overview
- American Express’ transfer page shows Membership Rewards-to-ANA transfers are unavailable Feb. 25 through March 2 for planned maintenance.
- Points analysts note prior transfer suspensions were followed by reduced ratios at Emirates, shaping worries about ANA.
- Amex has already announced a shift to a 5:4 transfer ratio for Cathay Pacific Asia Miles effective March 1, 2026.
- American Express is the only transferable-points program with a direct ANA transfer option, concentrating potential impact on members.
- ANA miles expire 36 months after issuance, making speculative transfers risky once transfers reopen without clear terms.