Amex is Offering a 20% Transfer Bonus for Qantas
American Express added Australia’s Qantas as its 22nd transfer partner earlier this year. And it just got even sweeter.
Amex on Friday launched a 20% transfer bonus when sending Membership Rewards points to Qantas. This promotion runs through Nov. 30, so you’ve got plenty of time to maximize the bonus.
These transfer bonuses are great because they’re basically a way to get free airline miles. You’ll just need a card that earns Membership Rewards points like the Platinum Card from American Express or the American Express Gold and Green cards. Unfortunately, Delta’s co-branded Amex cards won’t cut it.
Read up on all 22 Amex transfer partners, and how to transfer Amex Membership Rewards points.
American Express is also currently offering a 25% bonus on transfer to Air France/KLM Flying Blue.
Maximizing the Qantas Transfer Bonus
Unfortunately, there aren’t that many great ways to use Qantas miles. This transfer bonus could change that.
In most cases, you’d be much better off using a different program to book flights – including flights on Qantas itself. That’s due in large part to the fact that Qantas uses a distance-based award chart, so the price depends on the length of the flight.
But with this 20% transfer bonus in mind, it could make sense. Let’s look at flights from Los Angeles (LAX) to Sydney (SYD) as an example. Flying economy, you could book that 7,488-mile flight via American Airlines using 40,000 AAdvantage miles. Booking with Qantas, it would normally be 41,900 miles for the one-way flight.
Factor in the current transfer bonus, and you’d need only transfer 35,000 Amex points to get the miles you need to book. So if getting to Australia is your top priority with your Amex Membership Rewards points, this could make sense.
Unfortunately, it won’t always work out so well. Longer flights from Dallas-Fort Worth (DFW) will be more expensive. And flying business or first class is exorbitantly more pricey when using Qantas miles.
There’s one other fantastic way to put this transfer bonus to use: Use Qantas miles to book business class flights to Tel Aviv (TLV) on El Al. You could fly from many East Coast hubs like Boston (BOS), New York City (JFK), or Newark (EWR) for 78,000 Qantas miles. With this transfer bonus, you need just 65,000 Amex points to book the one-way flight.
Qantas miles aren’t the best in the world, but this transfer bonus could help make a trip down under more palatable. Put it to use before it expires Nov. 30!
Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any card issuer.