December 4th, 2012

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Update: Some offers mentioned below are no longer available. View the current offers here – British Airways Visa Signature Card

The 30% transfer bonus from American Express Membership Rewards to British Airways Avios I wrote about a couple weeks ago has finally gone live and will be available until January 14, 2013. The bonus is, as usual,  hard coded into the transfer page at Membership Rewards.

I’m actually getting low on British Airways Avios (too many first class redemptions to Europe and Asia this year!), so it’s nice to be able to use my Membership Rewards points and get a bonus on top of them. If you don’t have many Amex and you need Avios, the British Airways Visa from Chase, just re-launched anot another 100,000 Avios bonus available until February 2013. You get 50,000 Avios right off the bat by spending $1,000 within the first 3 months and then up to another 50,000 with $20,000 in spend within a year.

Decisions, Decisions
Amex also launched a 35% transfer bonus to Virgin Atlantic until December 29, 2012 that I’m also considering – not because I’m after Virgin Atlantic miles (of all the Virgins, I’ll be considering Virgin America after my recent gold status match), but because I might want some Hilton HHonors points.

Virgin Atlantic Flying Club miles transfer to Hilton at a 2:1 ratio, so instead of the usual 1 Amex point to 1.5 Hilton HHonors points, I’d get 1 Amex point to 2.7 HHonors points, an 80% bonus. If I were to transfer 100,000 Amex points, I’d end up with 270,000 Hilton Honors points – more than enough for an 8-night stay at a Category 6 property like the Hilton Los Cabos, which is only 240,000 points with the GLON rate I get from being a Hilton HHonors Gold elite thanks to having the Citi Hilton HHonors Reserve card from Citi. Check out this post for more information on maximizing Hilton awards.

So what it comes down to for me is: airline miles versus hotel points? I’m leaning towards the latter, especially since I’m about to become a Hilton Diamond and look forward to redeeming at some of their top properties.

Chase Sapphire Preferred® Card

Even after the introduction of the Chase Sapphire Reserve, the Chase Sapphire Preferred is still a fantastic choice if you want to avoid the Reserve’s $450 annual fee, earn 2x on all travel & dining and earn a 50,000 point sign up bonus.

Apply Now
More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
N/A
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer Fee
5.00%
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.