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Just a friendly reminder that you have one more week to take advantage of the 40% Amex Membership Rewards transfer bonus to British Airways.
I just took advantage of it last night. I am going to Vancouver in June for the 2011 Travel Bloggers Exchange conference and flights were all $500+. Worse, flying Delta would have forced me to connect in Minneapolis or Salt Lake – wiping out nearly two whole days that I’d rather spend exploring Vancouver.
Instead, I decided to take Cathay Pacific from JFK-YVR nonstop (that flight then continues onto Hong Kong) because the flight times are ideal – an evening departure and redeye return, so I can maximize my time in Vancouver. The roundtrip in business class cost me a grand total of 50,000 British Airways miles and $85 in taxes, which came to just 36,000 Amex points with this transfer bonus.
I priced out the flight and if I wanted to buy business class, it would have cost: Total Price: USD 4,533.29 – per adult.
So 36,000 Amex points and $85 got me $4,533.29 in flights. Granted, I never would have paid that much, but you get the point. Amex points have unbelievable value when transferred into airline frequent flyer programs – especially when you can take advantage of transfer bonuses and you redeem for premium cabin travel.
If you don’t have an Amex card, the most generous sign-up bonus right now is the Amex Platinum 50,000 points after spending a mere $1,000 within 3 months. Full disclosure – I get credit whenever you sign up using that link, but it’s the best deal out there and I have personally benefited from having this card, so I feel confident endorsing it.
Premier Rewards Gold Card from American Express
|Intro APR||Regular APR||Annual Fee||Balance Transfer Fee||Credit Rating|
|N/A||Introductory annual fee of $0 for the first year, then $195||See Terms||Excellent Credit|