Amex Decreasing British Airways Transfer Rate by 20%

Jun 4, 2015

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Amex card holders have a variety of options for using points. Some Membership Rewards partners offer great value for exchanging points between rewards programs, while others have a less lucrative value proposition. Unfortunately, beginning later this year, one of Amex’s most popular partners will become a bit less appealing. American Express recently shared plans to reduce the exchange rate between Amex Membership Rewards and British Airways and Iberia Airlines, according to Travel with Grant.

The change is set to begin on October 1, 2015, at which point cardholders will receive 200 Avios for every 250 Membership Rewards points. Currently, points transfer between the two programs at a 1:1 ratio. The new 250:200 (or 1,000:800) ratio means travelers will lose about 20% of points they previous would have gotten from a transfer. Most cardholders can convert Membership Rewards to miles at 1:1 ratio with a few notable exceptions, including JetBlue and Virgin America.

You’ll soon have to use about 20% more points transferring to British Airways from Amex.

As a reminder, you can earn American Express Membership Rewards points using the the Amex Platinum Card and Premier Rewards Gold card, as well as The Amex EveryDay Preferred Everyday Credit Card from American Express and The Amex EveryDay Credit Card from American Express cards.

There’s no word on whether or not Amex plans to continue offering transfer bonuses between Membership Rewards and British Airways, which could help compensate for the lower rate (and then some). For example, last winter Amex offered a 40% transfer bonus to British Airways, so despite this devaluation, we can always hope that Amex will continue to offer transfer bonuses once this change goes into effect. 

British Airways Visa Signature® Card

One of the biggest benefits that this card offers is a Travel Together ticket (good for two years) that can be earned annually after you spend $30,000 in a calendar year. You'll earn 3 Avios per dollar spent on British Airways purchases and 1 Avios per dollar spent on all other purchases.

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More Things to Know
  • Earn 50,000 bonus Avios after you spend $3,000 on purchases within the first 3 months from account opening.
  • Plus earn an additional 50,000 bonus Avios after you spend $20,000 on your purchases within your first year of account opening.
  • 3 Avios per $1 spent on purchases with British Airways, Aer Lingus, Iberia, and Level.
  • 2 Avios per $1 spent on hotel accommodations, plus 1 Avios per $1 spent on all other purchases.
  • 10% off British Airways flights starting in the US when you book by March 31, 2020.
  • Every calendar year you make $30,000 in purchases on your British Airways Visa card, you'll earn a Travel Together Ticket good for two years.
  • Pay no foreign transaction fees when you travel abroad.
  • Simply tap to pay with your contactless British Airways Visa Signature Card. Just look for the contactless symbol at checkout. It's fast, easy and secure!
Intro APR on Purchases
Regular APR
17.49% - 24.49% Variable
Annual Fee
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent Credit

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