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American Express just announced that it will be launching two simultaneous transfer bonuses starting tomorrow, October 15, 2013.

From tomorrow through December 31, 2013, Amex will be offering a 20% bonus on points transfers to partner British Airways. Also starting tomorrow and running just through November 30, 2013, Amex will be offering a 30% transfer bonus to Virgin Atlantic.

Membership Rewards has 16 airline partners.
Membership Rewards is offering transfer bonuses to BA and Virgin Atlantic.

There’s no need to register for these bonuses as they will just be automatically hard coded into the transfer pages for British Airways and Virgin Atlantic respectively.

While these aren’t the most lucrative Amex transfer bonuses that we’ve seen, even recently, they’re still something to consider if you were already thinking about transferring your points to either airline, or if you were instead going to transfer Chase Ultimate Rewards from your Sapphire Preferred, Ink Bold or Ink Plus accounts at a mere 1:1 ratio to either program.

I’m on a plane at the moment heading back from a busy weekend at the Chicago Seminars, but wanted to get this out there in case anyone was considering a transfer since you should wait until these go into effect and maybe even wait and see if Amex offers any other partner transfer bonuses in the near future.

I’ll write up some more detailed posts in the coming days on these transfer bonuses along with ideas on when they could be worth taking advantage of, but in the meantime, for more information, also be sure to check out these posts:

Top 10 Lesser Known Amex Membership Rewards Transfer Partners

Transferring Amex Membership Rewards to British Airways Avios Versus Cathay Pacific Asia Miles

A History of Amex Transfer Bonuses

2018 TPG Award Winner: Mid-Tier Card of the Year
Chase Sapphire Preferred® Card

NEW INCREASED OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

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More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
Intro APR on Purchases
N/A
Regular APR
18.24% - 25.24% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

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Editorial Disclaimer: Opinions expressed here are the 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.

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