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Amex Italy transfer partners

American Express Membership Rewards (Italy): every airline and hotel partner, the ratio, and what your points actually become.

14Partners
8Airlines
EURCurrency
11/02Checked

Amex Italy (IT) transfers to 8 airlines and 4 hotel programs. Airlines: Cathay Asia Miles 5:4, Delta SkyMiles 3:2, Air France-KLM Flying Blue 3:2, Iberia Club 5:4, British Airways Club 5:4. Checked 2 November 2026.

Airlines

Ratio is Amex Italy points to partner miles. A point is worth a different amount in each country, so compare within Europe.

PartnerRatio (Amex Italy : partner)10,000 points becomeTransfer time
Cathay Asia MilesOfficial: min 1,000, steps of 500, 3-20 business days.5:48,000Varies
Delta SkyMilesOfficial: min 3, steps of 3, 3-20 business days.3:26,666Varies
Air France-KLM Flying BlueOfficial: min 750, steps of 3, 3-20 business days. Flying Blue number needs a '00' prefix.3:26,666Varies
Iberia ClubOfficial: min 500, steps of 500, up to 30 minutes.5:48,000instant
British Airways ClubOfficial: min 800, steps of 400, up to 30 minutes.5:48,000instant
SAS EuroBonusOfficial: min 500, steps of 500, 3-20 business days.5:48,000Varies
Singapore Airlines KrisFlyerOfficial: min 1,500 (the calculator says steps of 300), 3-20 business days.3:26,666Varies
Emirates SkywardsNot on the public Amex IT list; requested via the logged-in 'Programmi Fedeltà' section since 1 Jul 2026. The Flight Club (9 Feb 2026) says it was cut from 5:4 to 5:2 after 31 Jan 2026 without notice, with only Centurion keeping the better rate. Emirates' Ital5:24,000Varies

Hotels

PartnerRatio (Amex Italy : partner)10,000 points becomeTransfer time
ALL AccorOfficial: min 3, steps of 3, up to 48 hours. Part of Amex-Accor's 2026 roll-out across 12 markets; The Flight Club reported transfers re-enabled in Oct 2026 (seen via search snippets).3:13,3331-2 days
Hilton HonorsOfficial: min 1, steps of 1, 3-20 business days.1:110,000Varies
Marriott BonvoyOfficial: min 5, steps of 5, 3-20 business days.5:48,000Varies
Radisson RewardsOfficial: 2 MR = 5 Gold Points; min 4, steps of 4, 3-20 business days.2:525,000Varies

Other

PartnerRatio (Amex Italy : partner)10,000 points becomeTransfer time
Italo PiùOfficial: min 5, steps of 5, 3-30 business days.5:12,000Varies
PAYBACKOfficial: min 1, up to 30 minutes, annual cap of 999,999 points. PAYBACK number needs the prefix 637152.1:110,000instant

Good to know

The official Amex Italy page lists 13 partners: 7 airline, 4 hotel, plus Italo Più and PAYBACK. Most airlines are 5:4 or 3:2. No transfer fee is mentioned, and amounts above a partner's maximum are rejected. Many transfers are quoted as 3-20 business days. Emirates is not on the public list: from 1 Jul 2026 it is requested through the logged-in 'Programmi Fedeltà' section. The Emirates ratio comes only from search snippets (The Flight Club 9 Feb 2026, and emirates.com saying '5 MR = 4 or 2 Skywards miles depending on card type'). Both pages blocked or timed out, so treat it as lower confidence. ALL Accor (3:1) is live per the official page; The Flight Club (Oct 2026) says transfers were re-enabled after a pause and Gold status for Platinum is still pending (pages returned 403; seen via search snippets). ITA Airways Volare was announced as a partner in 2023 but is not on the current official page; omitted. One Italian source says there is no direct Etihad transfer from Italy. Amex flagged rewards maintenance on 3-4 Nov 2026.

Questions

What are the Amex Italy transfer partners?

As of 2 November 2026, Amex Italy transfers to 8 airlines and 4 hotel programs: Cathay Asia Miles 5:4, Delta SkyMiles 3:2, Air France-KLM Flying Blue 3:2, Iberia Club 5:4, British Airways Club 5:4, SAS EuroBonus 5:4, Singapore Airlines KrisFlyer 3:2, Emirates Skywards 5:2, and more.

What is the Amex Italy to Cathay Asia Miles transfer ratio?

5:4: 10,000 Amex Italy points become 8,000 Cathay Asia Miles miles.

Is it worth transferring Amex Italy points to airlines?

Usually only for a specific award you have already found, often a premium-cabin seat. Compare the miles needed (plus taxes and surcharges) against the cash fare before you move points: transfers can't be undone, and conversion fees can apply.

Sources: americanexpress.com, americanexpress.com, theflightclub.it, emirates.com, theflightclub.it. Ratios change; check your bank's own transfer page before you move points. Every currency side by side: Points Ratio Index.

Points or cash for this trip?

Tell Mila the trip and your Amex Italy balance. She checks the award, the transfer ratio and the cash fare, then tells you which way to pay.

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