Maximize your transferrable rewards with up to 40% bonus points

7h ago

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If you want to truly maximize your miles, periodic transfer bonuses offer some of the most lucrative opportunities for fantastic points redemptions. Specifically, you can often get up to 40% more for your points by transferring them at the right moment. And we’ve seen a rise of such offers recently as travel ramps back up.

To help make it easier for you to track these offers, we’ve compiled all of the current transfer bonuses for the major transferable rewards programs.

To give you an idea of the value of these bonuses, let’s say you transfer 26,000 points to British Airways with a 30% bonus. This would give you 33,800 British Airways Miles points – enough to book a roundtrip domestic business class flight of up to 1,151 miles (i.e., New York to Miami). Business-class tickets on this route often sell for $800 roundtrip. So, you could get a value of more than 3 cents per point.

Now that you have an idea of why you should care about transfer bonuses, let’s take a look at the current offerings. Note that some transfer bonuses are targeted, so not all bonuses noted will necessarily be available to you.

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In This Post

American Express Membership Rewards

 

Partner program Transfer bonus End date Note
Avianca LifeMiles 15% Dec. 15, 2020 Avianca LifeMiles are great for booking Star Alliance awards, including domestic U.S. flights operated by United.
Cathay Pacific Asia Miles (targeted) 25% Dec. 31, 2020 Cathay Pacific Asia Miles can be useful for booking premium cabin Oneworld flights.
Marriott Bonvoy 30% Dec. 31, 2020 You can book most Marriott award nights at off-peak pricing through Dec. 14
Hilton Honors 40% Jan. 31, 2021 Hilton recently announced significant loyalty changes for 2021.

Cards that earn Amex points

If you want to take advantage of transfer bonus offers with American Express, you’ll need Membership Rewards points. And, if you’re looking to earn Membership Rewards points, the following Amex cards could be useful additions to your wallet:

Card Welcome bonus Bonus category earning rates Annual fee
The Platinum Card® from American Express 75,000 Membership Rewards® Points after you spend $5,000 on your new card in your first 6 months of card membership. 10x points on eligible purchases on your new card at U.S. gas stations and U.S. supermarkets, on up to $15,000 in combined purchases, during your first 6 months of account opening. 5x points on flights booked directly with airlines or through amextravel.com (starting Jan. 1, 2021, earn 5x points on up to $500,000 on these purchases per calendar year)

5x points on prepaid hotels booked through amextravel.com

$550 (see rates & fees)
American Express® Gold Card 60,000 Membership Rewards points after you spend $4,000 in your first six months of account opening.

Terms apply.

4x points on dining worldwide and at U.S. supermarkets (on up to $25,000 per calendar year in purchases; then 1x)

4x points on takeout and delivery

3x points on flights booked directly with airlines or through amextravel.com

$250 (see rates & fees)
The Business Platinum Card® from American Express 75,000 Membership Rewards points after you spend $15,000 within the first three months of account opening.

Terms apply.

5x points on flights and prepaid hotels booked through amextravel.com

1.5x points on each eligible purchase of $5,000 or more

$595 (see rates & fees)
American Express® Green Card 30,000 Membership Rewards points after you spend $2,000 in your first three months of account opening.

Terms apply.

3x points on takeout and delivery, transit and travel $150 (see rates & fees)

The information for the Amex Green Card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

You may even be targeted for a higher bonus through the CardMatch Tool. Keep in mind that CardMatch offers are subject to change at any time.

Most Membership Rewards transfer instantly to most programs. Finally, Amex is waiving all excise taxes on Membership Rewards point transfers to U.S. airlines through Dec. 31, 2020.

Other ways to earn Amex points

You can also earn extra Membership Rewards points through Amex Offers and by shopping with Rakuten. Based on TPG’s valuations, Membership Rewards points are worth about two cents each.

Related: Redeeming American Express Membership Rewards points for maximum value

Chase Ultimate Rewards

Chase doesn’t run transfer bonuses very often. It offered its first transfer bonus to British Airways Avios back in 2019 and then a 60% bonus on IHG Rewards Club transfers this August.

In November, Chase and British Airways announced a new transfer 30% transfer bonus through Dec. 9, 2020. This transfer bonus applies to transfers to AerLingus AerClub, British Airways Executive Club and Iberia Plus. All three of these programs participate in the Avios program.

Partner program Transfer bonus End date Note
British Airways Avios 30% Dec. 9, 2020 You can use British Airways’ distance-based partner award chart for short-haul tickets.

Cards that earn Chase Ultimate Rewards

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

Other ways to earn Chase Ultimate Rewards points

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

  • Chase Freedom Flex: $200 bonus after spending $500 in the first three months of account opening. Earn 5% cash back on grocery store purchases on up to $12,000 spent in the first year (excluding Walmart and Target). Finally, earn 5% cash back on rotating bonus categories on up to $1,500 in combined purchases each quarter you activate, 5% on travel purchased through Chase Ultimate Rewards, 3% on dining and 3% at drugstores.
  • Chase Freedom Unlimited: $200 bonus after spending $500 in the first three months. And, earn 5% cash back on grocery store purchases on up to $12,000 spent in your first 12 months (excluding Walmart and Target). Finally, earn 5% cash back on travel purchased through Chase Ultimate Rewards, 3% on dining, 3% at drugstores and 1.5% on everything else.
  • Ink Business Cash Credit Card: $750 bonus after spending $7,500 in the first three months of account opening. Earn 5% cash back on up to $25,000 in combined purchases at office supply stores and telecommunications providers each account anniversary. Finally, earn 2% cash back on up to $25,000 in combined purchases at restaurants and gas stations each account anniversary.
  • Ink Business Unlimited Credit Card: $750 bonus after spending $7,500 in the first three months of account opening. Earn 1.5% cash back on all purchases.

The information for the Chase Freedom Flex 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 the Chase quartet or Chase trifecta a part of your card strategy. According to TPG’s valuations, Chase Ultimate Rewards points are worth two cents each. And, most Ultimate Rewards transfers will process instantly.

Related: How to maximize your Chase Ultimate Rewards points

Citi ThankYou Rewards

Although it frequently does, the Citi ThankYou Rewards program isn’t offering any transfer bonuses at the moment. We’ll update this page when there’s a new bonus.

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 useful additions to your wallet:

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

Based on TPG’s valuations, Citi ThankYou points are worth about 1.7 cents each. However, note that some Citi transfers will not process instantly. So, be sure to factor in the transfer time if you’re trying to book an award with scarce availability.

Related: Is Citi ThankYou Rewards the most underappreciated and misunderstood program?

Capital One

Unfortunately, Capital One isn’t currently offering any transfer bonuses. But, we’ll update this page if there’s a new transfer bonus.

How to earn Capital One miles

There aren’t any transfer bonuses currently. But, if you want to utilize a future transfer bonus offer, the following Capital One cards could make good additions to your wallet:

  • Capital One Venture Rewards Credit Card: Earn 100,000 bonus miles after you spend $20,000 on purchases within the first 12 months from account opening. Or still earn 50,000 bonus miles after you spend $3,000 on purchases within the first three months of account opening. Earn 2x miles on every purchase. Finally, earn 5x on Uber Eats through Jan. 31, 2021.
  • Capital One Spark Miles for Business:  50,000 bonus miles after spending $4,500 in the first three months of account opening. Plus, earn 5x miles on hotel and rental car bookings with the card through Capital One Travel and 2x miles on everything else.

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.

TPG’s valuations peg the value of Capital One miles at 1.4 cents each. For more details, check out our guide to all of the Capital One transfer partners, as well as how to transfer Capital One miles to airline partners. Finally, note that most transfers from Capital One will process instantly.

Related: Best ways to maximize Capital One miles

Singapore Airlines

Singapore Airlines Krisflyer is currently offering a 15% bonus when you transfer points from American Express Membership Rewards, Brex, Capital One, Citi ThankYou Rewards or Chase Ultimate Rewards from now through Dec. 27, 2020. You can take advantage of this promotion by logging into your bank account and converting your points to Krisflyer miles in minimum blocks of 10,000 miles per transaction.

Singapore only releases long-haul business and first-class awards to Krisflyer members, so transferring your points to Krisflyer could make sense if you’re after a product like Singapore Suites.

How to earn Krisflyer miles

Singapore partners with all of the major transferrable rewards programs. These include American Express Membership RewardsCapital One RewardsCiti ThankYou and Chase Ultimate Rewards. All of these programs transfer miles to Singapore Krisflyer at a 1:1 ratio, except for Capital One, which transfers at a 2:1 transfer ratio.

Your best bet is to transfer from programs that offer a 1:1 transfer ratio like Chase Ultimate Rewards through the Chase Sapphire Preferred Card or Chase Sapphire Reserve or on an American Express Membership Rewards card like The Platinum Card® from American Express.

Marriott Bonvoy

Marriott Bonvoy isn’t currently offering any limited-time transfer bonuses. But, 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. TPG’s valuations peg the value of Marriott Bonvoy points at 0.8 cents each.

How to earn Marriott Bonvoy points

If you’re looking to earn more Marriott Bonvoy points, the following Marriott Bonvoy credit cards may be of interest:

  • Marriott Bonvoy Brilliant™ American Express® Card: Earn up to 125,000 Marriott Bonvoy points: 100,000 bonus points after you spend $5,000 in purchases on your new card in your first three months. Plus, earn an additional 25,000 bonus points after your first anniversary of card membership. Offer ends 1/13/2021. Earn 6x points at participating Marriott hotels, 3x points at U.S. restaurants and on flights booked directly with airlines and 2x points on all other purchases. However, this card has an annual fee of $450 (see rates and fees). Terms apply.
  • Marriott Bonvoy Boundless Credit Card: Earn 75,000 bonus points after you spend $3,000 on purchases in the first 3 months from account opening. Earn 6x points at participating Marriott hotels and 2x points on everything else. However, this card has a $95 annual fee.
  • Marriott Bonvoy Business™ American Express® Card: Earn 100,000 Marriott Bonvoy points after using your new Card to make $5,000 in purchases within your first 3 months of Card Membership. Earn up to $150 in statement credits within your first 6 months of card membership for all eligible purchases on your card on U.S. Advertising in select Media. Plus, receive complimentary Marriott Bonvoy Platinum Elite status for one year (February 1, 2021-January 31, 2022). Offer ends 1/13/21. Earn 6x points at participating Marriott hotels and 4x points at U.S. restaurants, at U.S. gas stations, on wireless telephone services purchased directly from U.S. service providers and on U.S. purchases for shipping. Finally, earn 2x points on all other purchases. However, this card has an annual fee of $125 (see rates and fees). Terms apply.
  • Marriott Bonvoy Bold Credit Card: 30,000 bonus points after you spend $1,000 in your first three months of account opening. Earn 3x points at participating Marriott hotels, 2x points on other travel purchases and 1x points on everything else. However, this card has no annual fee.

But, be sure to review our tests of Marriott transfer times. After all, some airlines take a few days (or even weeks) to receive the miles.

Related: How to redeem points with the Marriott Bonvoy program

Should you transfer points now?

We generally only recommend transferring points if you have an immediate plan to use them. With the travel industry turning to rewards programs to drum up cash, promotions like these could spell out devaluations in the future. Transfers are irreversible, so you don’t want to be stuck with thousands of points in a program you have little use for.

If you don’t have a specific redemption in mind but still want to earn miles, you’re likely better off earning points and miles through credit card welcome bonuses and everyday spending.

Bottom line

When a transferable currency program offers a transfer bonus, it’s worth considering whether the bonus is worthwhile. Generally, you won’t want to transfer your points without a specific redemption in mind. After all, transferable points are usually more valuable when they remain transferable. If you use the program frequently or plan to make a redemption soon, utilizing a transfer bonus can help you get more value from your points.

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

For rates and fees of the Amex Platinum Card, please click here.
For rates and fees of the Amex Gold Card, please click here.
For rates and fees of the Amex Business Platinum Card, please click here.
For rates and fees of the Amex Green Card, please click here.
For rates and fees of the Marriott Bonvoy Brilliant Card, please click here.
For rates and fees of the Marriott Bonvoy Business Card, please click here.

Additional reporting by Carissa Rawson, Katie Genter, Joseph Hostetler, Summer Hull, Liz Hund and Jason Stauffer.

Featured photo by Markus Mainka/Shutterstock

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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