Tag Archives for transfer bonus.
I don’t see any points bonuses without being logged into my American Express Membership Rewards account. But as soon as I log in, it’s a bonanza. Through September 30 American Express is offering simultaneous points transfer bonuses, including with programs where we rarely see Amex offering a bonus to all of 12 different programs.
There’s no “obvious place” to transfer miles. Normally I don’t want to transfer points out of a transferrable program unless I have to. The option value is too strong. However I don’t entirely trust Brex as a place to store points, especially since I’m not actively continuing to use the account.
Through August 8, 2021, Brex is offering a 20% bonus on points transfers to several mileage programs. And that caused me to work through my options.
Capital One is building out a lounge network. The first lounge will be at Dallas – Fort Worth opening this year. Washington Dulles has been announced for 2022. And now they’ve announced plans for a Denver lounge, as well as two mileage transfer bonus promotions.
Outside of Chase transfers to Hyatt, conversions of transferrable points into hotel points is simply a bad deal and a 30% transfer bonus doesn’t reverse that calculus. American Express points are just too valuable to transfer to Marriott given the weak transfer ratio.
Singapore Airlines is offering offering a 15% bonus on points transferred into KrisFlyer miles from credit card programs through December 27, 2020. Nearly all of their bank partners are eligible for the bonus, including Chase Ultimate Rewards, Citibank ThankYou Rewards, American Express Membership Rewards and Capital One miles that are trasnferrable to airline miles.
Chase is running 30% a transfer bonus from Ultimate Rewards to British Airways, Iberia and Aer Lingus through December 9, 2020. Every 1000 Chase points becomes 1300 points in the destination program, and that bonus posts along with the transfer (usually immediately).
Cathay Pacific is offering a 10% bonus transferring credit card points to Asia Miles in January (registration required). This is a bonus offered by Cathay itself, rather than by the bank, so you won’t see it on the Membership Rewards or Citi Thank You Rewards websites.
American Express is running a 30% bonus on transfers to Virgin Atlantic through December 28. You have to be logged into your Membership Rewards account to see the bonus.
There are some great uses for Virgin Atlantic’s miles.
You can fly business class to Europe for 63,000 miles each way or Southeast Asia for 78,000. First class (Lufthansa) is 87,000 miles each way between the US and Europe. And that’s before special deals or cutting the cost with lower-cabin connecting flights.
And right now you can transfer points from Citi with a 25% bonus (or earn a 50% bigger than normal bonus from the LifeMiles credit card).
Already on their sixth transfer bonus of the year, having just launched transferable points, and Capital One has shared in the past that “limited-time offers like this will be another major perk for Venture and Spark Miles account holders to take advantage of.”
This month they’re back with a bonus on transfers to Air France KLM Flying Blue, a great program to pool points in, with reasonable redemption rates and good business class availability.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
