Optimizing Point Exchange Routes: PeX / dot money / Real Pay
The basics of exchange routes
Points accumulated on point sites often convert at a higher rate via relay services like PeX / dot money / Real Pay than by exchanging directly to cash / miles. This article lays out how each route works.
Optimizing with PeX
PeX (operated by VOYAGE) is the de facto standard for point relays. You can consolidate from major sites like Hapitas, Gendama, and ECnavi, with 60+ exits including cash, e-money, and miles.
- 1 PeX = 0.1 yen
- Hapitas → PeX → cash (50-yen fee) or miles (high conversion rate)
- Ideal for consolidating small point balances
Where dot money fits
dot money (operated by CyberAgent) shines on "1:1 exchange + free bank-transfer fees." The Moppy → dot money → bank-transfer route achieves effectively zero fees.
Making use of Real Pay
Gendama cash-outs must go through Real Pay. Gendama → Real Pay → various exits (bank / PayPay / Amazon gift, etc.). You can also consolidate points from outside Gendama.
The strongest mile-conversion routes
- Best for JAL miles: Moppy → JAL miles (Dream 88%)
- Best for ANA miles: Moppy → dot money → JR Kyupo → JQ CARD → ANA (effectively 81%)
FAQ
How do I choose between PeX and dot money?
What's the point of consolidating points from multiple sites?
This article was written from publicly available information on each point site as of May 2026. Cashback rates, campaign terms, and redemption rules can change without notice — always check each site's official page for the latest. This site uses each point site's referral program, but going through a referral link never changes the rate you receive.