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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. With some great bonus categories and an annual fee that’s waived for the first year, the American Express Premier Rewards Gold Card has a lot going for it. If you don’t have PRG, now’s as good a time as any to add it to your wallet, as Amex added some great new benefits several months back.
With some great bonus categories and an annual fee that’s waived for the first year, the American Express Premier Rewards Gold Card has a lot going for it. If you don’t have PRG, now’s as good a time as any to add it to your wallet, as Amex added some great new benefits several months back.