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.
| Partner | Ratio (Amex Italy : partner) | 10,000 points become | Transfer time |
|---|---|---|---|
| 5:4 | 8,000 | Varies | |
| 3:2 | 6,666 | Varies | |
| 3:2 | 6,666 | Varies | |
| 5:4 | 8,000 | instant | |
| 5:4 | 8,000 | instant | |
| 5:4 | 8,000 | Varies | |
| 3:2 | 6,666 | Varies | |
| 5:2 | 4,000 | Varies |
Hotels
| Partner | Ratio (Amex Italy : partner) | 10,000 points become | Transfer time |
|---|---|---|---|
| 3:1 | 3,333 | 1-2 days | |
| 1:1 | 10,000 | Varies | |
| 5:4 | 8,000 | Varies | |
| 2:5 | 25,000 | Varies |
Other
| Partner | Ratio (Amex Italy : partner) | 10,000 points become | Transfer time |
|---|---|---|---|
| Italo PiùOfficial: min 5, steps of 5, 3-30 business days. | 5:1 | 2,000 | Varies |
| PAYBACKOfficial: min 1, up to 30 minutes, annual cap of 999,999 points. PAYBACK number needs the prefix 637152. | 1:1 | 10,000 | instant |
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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