Maximize your miles: Complete guide to current transfer bonuses

Feb 15, 2020

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Update: Some offers mentioned below are no longer available. 

Editor’s note: This is a recurring post, regularly updated with new information.

If you want to truly maximize your miles, periodic transfer bonuses offer some of the most lucrative opportunities for fantastic points redemptions. With them, you can often get between 20% and 50% more for your points just by transferring them at the right moment. To help make it easier for you to track these offers, we’ve launched a guide that compiles all current, valid transfer bonuses across the major credit card issuers and loyalty programs.

To give an idea of the value of capitalizing on these bonuses, you could transfer 54,000 points to Marriott with a 30% bonus and reserve a Category 8 hotel during off-peak dates, such as the St. Regis Maldives. Rooms here easily sell for $1,200+ per night, even during less popular times of the year, giving you a value of more than 2.2 cents per point. Not a bad deal.

If you’d like to review a past list of these bonuses, check out our complete history of airline transfer bonuses.

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st regis maldives (Photo by Joseph Hostetler/The Points Guy)
The St. Regis Maldives is one of the priciest Marriott hotels. You can book rooms for as little as 70,000 points during off-peak dates. (Photo by Joseph Hostetler/The Points Guy.)

In This Post

American Express Membership Rewards

Partner program

Bonus %

End date

Note

Marriott (targeted) 30% N/A Our valuations of Amex points are significantly higher than Marriott points. This is generally only a good deal if you need to top off your account for a specific stay.
Qantas (targeted) 20% N/A You can use Qantas points to book awards with oneworld airlines and other partners, like Emirates and El Al.

How to earn Amex points

If you want to take advantage of these, or future, bonus offers with American Express, these Amex cards could make good additions to your wallet:

  • The Platinum Card® from American Express: Earn a welcome bonus of 60,000 Membership Rewards points after you use your new card to make $5,000 in purchases in your first three months (though you may be targeted for a higher bonus through the CardMatch Tool; offer subject to change at any time). Plus, earn 5x points on flights booked directly with airlines or with American Express Travel and prepaid hotels booked on amextravel.com. ($550 annual fee, see rates and fees). Terms apply. 
  • American Express® Gold Card: Earn a welcome bonus of 35,000 Membership Rewards points after you spend $4,000 on purchases on your new card in your first 3 months of card membership (though you may be targeted for a higher bonus through the CardMatch Tool; offer subject to change at any time). Plus earn 4x points on dining worldwide and at U.S. supermarkets (on up to $25,000 per year in purchases; then 1x) and 3x points on flights booked directly with airlines or on amextravel.com. ($250 annual fee, see rates and fees). Terms apply.
  • The Business Platinum Card® from American Express: Earn 75,000 bonus points after you spend $15,000 on qualifying purchases within your first 3 months of Card Membership. Plus earn 5x points on flights and prepaid hotels on amextravel.com. ($595 annual fee, see rates and fees). Terms apply. 
  • American Express® Green Card: Earn up to 30,000 bonus Membership Rewards points after spending $2,000 in purchases on the card in the first three months. ($150 annual fee, see rates and fees). Terms apply.

You can also pick up bonus points through Amex Offers, and note that most transfers process instantly.

Related: Redeeming American Express Membership Rewards points for maximum value

Chase Ultimate Rewards

Partner program

Bonus %

End date

Note

None at this time N/A N/A N/A

Unfortunately, Chase’s first (and thus far only) transfer bonus to British Airways Avios has expired. Let’s hope that this will be the first of many to come in the future, at which point the above chart will be updated.

How to earn Chase points

If you want to utilize any future bonus offers with Chase, the following cards could make good additions to your wallet:

  • Chase Sapphire Reserve: Earn 50,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. Earn 3x points on all travel and dining purchases.
  • Chase Sapphire Preferred Card: 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. Earn 2x points on all travel and dining purchases.
  • Ink Business Preferred Credit Card: 100,000 bonus points after you spend $15,000 on purchases in the first 3 months. Earn 3x points on the first $150,000 spent on travel and select business categories each account anniversary year.

The information for the Ink Business Preferred has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

Note that if you have one (or more) of the above cards, you can combine your Ultimate Rewards points into a single account. This then allows you to effectively convert the cash-back earnings on the following cards into fully-transferable points:

  • Chase Freedom: Earn a $150 bonus (which can become 15,000 Ultimate Rewards points by holding one of the above cards) after you spend $500 on purchases in your first three months from account opening. Earn 5% cash back (5x points) on rotating bonus categories up to $1,500 in combined purchases each quarter you activate.
  • Chase Freedom Unlimited: Earn a $150 bonus after spending $500 on purchases in the first three months.
  • Ink Business Cash Credit Card: Earn $500 cash back (50,000 points) after you spend $3,000 on purchases in the first three months after account opening. Earn 5% cash back (5x points) on up to $25,000 in combined purchases at office supply stores and telecommunications providers and 2% cash back on up to $25,000 in combined purchases at restaurants and gas stations.
  • Ink Business Unlimited Credit Card: Earn $500 cash back (50,000 points) after you spend $3,000 on purchases in the first three months after account opening. Earn 1.5% cash back (1.5x points) on all purchases.

The information for the Ink Business Cash, Ink Business Unlimited, Chase Freedom and Chase Freedom Unlimited has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

To truly maximize your earnings with Chase, consider making Chase’s perfect quartet a part of your life. Most Chase transfers will process instantly.

Related: How to maximize your Chase Ultimate Rewards points

Citi ThankYou Rewards

Partner program

Bonus %

End date

Note

Qantas 25% February 22, 2020 It normally takes up to two days to transfer ThankYou points to Qantas.

How to earn Citi ThankYou points

If you don’t want to miss out on a future bonus offer, these Citi credit cards could make good additions to your wallet:

  • Citi Prestige® Card: Earn 50,000 bonus points after spending $4,000 on purchases within three months of account opening. Plus, earn 5x points on dining and air travel and 3x points on cruise lines and hotels.
  • Citi Premier℠ Card: Earn 60,000 bonus points after you spend $4,000 on purchases in the first three months of account opening. Plus, earn 3x points on travel (including gas) and 2x points on dining and entertainment.
  • Citi Rewards+℠ Card: Earn 15,000 bonus points after spending $1,000 on purchases within three months of account opening. Plus earn 2x points at supermarkets and gas stations for the first $6,000 per year and then 1x point thereafter. Just note that you must pair this card with the Citi Prestige or Citi Premier for access to a full-fledged, transferrable ThankYou points account.

The information for the Citi Prestige, Citi Premier has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

Just note that most Citi transfers will not process instantly, so factor that in if you’re booking a sought-after award.

Related: Redeeming Citi ThankYou points for maximum value

Capital One

Partner program

Bonus %

End date

None at this time N/A N/A

How to earn Capital One miles

Capital One was the most recent issuer to join the realm of transferable points realm, and if you want to utilize this — or a future — bonus offer, the following Capital One cards could make good additions to your wallet:

The information for the Capital One Spark Miles for Business has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

For more details, check out our guide to transferring Capital One miles to airline partners, and note that most transfers from Capital One will process instantly. While there are no Capital One transfer bonuses at the moment, there certainly have been in the past so hopefully, they will return! You can also get 5x miles on hotels and rental car bookings when booked through Capital One Travel℠ on the Venture and Spark Miles cards.

Related: Best ways to maximize Capital One miles

Airlines and Hotels

Program

Bonus %

End date

Note

Marriott N/A N/A While not a limited-time offer, remember that Marriott Bonvoy points convert to more than 40 airline partners at a 3:1 ratio, and you’ll receive 5,000 bonus miles for every 60,000 points transferred. This bonus is in addition to any of the above offers, but be sure to review our tests of Marriott transfer times, since many airlines take a few days (or even weeks) to receive the miles.

Related: The best ways to earn points with the Marriott Bonvoy program

Did we miss any? Feel free to let us know by emailing tips@thepointsguy.com.

For rates and fees of the Amex Gold Card, please click here.  

For rates and fees of the Platinum Card, please click here.

For rates and fees of the Amex Green Card, please click here.

For rates and fees of the Amex Business Platinum Card, please click here.

Additional reporting by Liz Hund, Summer Hull, Jason Stauffer and Joseph Hostetler.

Featured photo by Ethan Steinberg/The Points Guy.

Chase Sapphire Preferred® Card

WELCOME 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.

Apply Now
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
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
Intro APR on Purchases
N/A
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

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.

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.