Got a stash of transferable points from banks like American Express, Capital One, or Chase? Take advantage of these current transfer bonuses to get even more out of them.
Think of transfer bonuses as a way to get free miles. The big banks routinely roll out bonuses of 10% to as much as 40% – and sometimes even more! – when transferring points to select airline or hotel partners. With a 25% transfer bonus, for example, you'd only need to transfer 40,000 points to get the 50,000 miles you may need to book an award ticket.
Here are all the current transfer bonuses available as of publication, broken down bank by bank.
| Transfer from | Transfer to | Bonus | Expires | More info |
|---|---|---|---|---|
| American Express | Hilton Honors | 20% | May 30, 2026 | Full details |
| American Express | JetBlue TrueBlue | 10% | May 11, 2026 | |
| Capital One | Qantas Frequent Flyer | 20% | May 31, 2026 | |
| Chase | Air France/KLM Flying Blue | 20% | May 27, 2026 | Full details |
| Chase | Marriott Bonvoy | 65% | May 15, 2026 | |
| Citi | The Leading Hotels of the World (Leaders Club) | 25% | May 16, 2026 | Points transfer 1,000:250 (with bonus) |
Wondering why you should transfer your points? Read up on how it can help you book flights for less!
But before you rush to send your points somewhere with a bonus, remember: These transfers are a one-way street. Once you send the points to an airline or hotel partner, you cannot get them back to your Capital One, Chase, or other credit card account. That means you'll generally want to have a redemption in mind (and make sure the flights or hotels you want are actually available to book) before transferring your points.
Let's take a closer look at each of the current transfer bonuses and how you may (or may not) want to use them.
20% Bonus on Amex Transfers to Hilton
If you've got a stash of Membership Rewards points from cards like *amex platinum* or *amex gold*, we've got good news: Amex just rolled out a new 20% bonus when transferring to Hilton Honors!
Since Amex points transfer to Hilton at a 1:2 ratio ordinarily, this new bonus means every 1,000 Amex points you transfer will get you 2,400 Hilton points. If you're thinking of taking advantage of this new bonus, you have nearly a month: It ends May 30.
On the surface, that 1:2.4 transfer ratio might seem like a steal. But keep in mind that it typically takes a whole lot of Hilton points to book a free night. Even with this transfer bonus, it may not be the slam dunk you think it is.
After a slew of recent devaluations that pushed nightly rates as high as 250,000 points for luxury properties, Hilton Honors points don't go nearly as far as they used to. This transfer bonus from American Express can take the sting out of it … or at least get you the additional points you'll now need.
If high-end boutique hotels are your jam, Hilton's partnership with SLH is just the thing. This has been a massive win for travelers with Hilton Honors points, as it opens the door to book some truly impressive properties around the globe, getting you some serious bang for your buck.
Take the little slice of Caribbean heaven known as the Hermitage Bay Resort in Antigua, for example. After a series of devaluations, this property now goes for a whopping 230,000 Hilton Honors points per night. At first glance, that might not seem like a great deal. But considering that this all-inclusive, adults-only resort in the Caribbean ordinarily costs $3,000 (or more) per night, you can quickly see just how valuable Hilton points can be.
With this transfer bonus, you'd need to transfer as few as 96,000 Amex points to book a free night.
If you've got any level of Hilton status – including the complimentary Hilton Honors™ Gold status that comes with the Amex Platinum Card – you get the fifth night free on award bookings. That means you could book a five-night stay at this island paradise … that might normally cost $15,000 or more … for as few as 384,000 Amex points.
Admittedly, that's a ton of points, but it's also a pretty solid bang for your buck … err, points. And if you've got a free night award from one of the Hilton Honors American Express credit cards, you could even tack that on for an additional night in paradise.
Read our full story on this transfer bonus for even more inspiration!
10% Bonus on Amex Transfers to JetBlue
If you'd ordinarily transfer Amex points to JetBlue, a 10% bonus is better than nothing – especially with Amex's recent drought of transfer bonuses, period – but this really isn't one to get excited about.
Amex points typically transfer to JetBlue at a ratio of 250:200 – that means even with this bonus, you're still getting less than 1 TrueBlue point for every 1 Amex Membership Reward. By contrast, transfers to JetBlue from banks like Chase, Citi, and Wells Fargo are all 1:1.
The other big “catch” here is that this is a one-week-only bonus that ends on Monday, May 11.
Read more: 7 Reasons JetBlue Mint is My New Favorite Way to Fly to Europe
20% Bonus on Capital One Transfers to Qantas
Capital One is currently offering a 20% bonus on transfers to the Australian flag-carrier Qantas. If you plan to take advantage of this bonus, you've got until May 31.
While this isn't the most lucrative transfer bonus on the list, seeing Capital One offer any sort of bonus is cause for excitement. Historically, they've been less generous with these kind of offers than competitors like Chase and American Express.
And if you're thinking Qantas points are only good for flying to and from Australia, think again. As a Oneworld alliance member, you can also use Qantas points to fly domestic airlines like American and Alaska in the U.S., as well as other one-off partner airlines like Emirates.
Here's a fun example of what you can do with this bonus. Emirates operates a funky, fifth-freedom route between Miami (MIA) and Bogota (BOG). Since Emirates and Qantas are partners, you could book Emirates vaunted first class on this relatively short four-hour flight for “just” 78,400 points.
By taking advantage of this transfer bonus, you'd only need to transfer 65,400 Capital One Miles to Qantas in order to make it a reality. That's pretty steep, but it seems like a relative bargain when you consider this flight comes with full caviar service and some of the best champagne in the sky.
This bonus is also a good one for those looking to stay closer to home. American Airlines-operated flights that clock in under 600 miles each way will cost you just 9,200 Qantas points. So you could transfer just 7,700 Capital One miles over to Qantas and book a flight from Minneapolis-St. Paul (MSP) to Chicago-O'Hare (ORD).
Considering there are thousands – literally, thousands – of American Airlines flights under 600 miles. The possibilities for booking short flights for 7,700 Capital One miles each way are practically endless.
20% Bonus on Chase Transfers to Air France/KLM Flying Blue
Got a big stash of Chase Ultimate Rewards points? Here's an easy way to get even more out of them: Chase just rolled out a new 20% transfer bonus when sending Ultimate Rewards points to Air France/KLM Flying Blue.
Best of all, you've got most of the month to take advantage: This bonus ends on May 27.
Unfortunately, if you had your sights set on using this bonus to fly Air France or KLM to Europe, both airlines recently raised fees on award tickets. From economy to business class, Flying Blue hiked fees by as much as 40% to combat rising fuel costs.
Even after Flying Blue raised rates last year, you can still find flights flying business class to Europe for as low as 60,000 miles each way – a relatively mild increase from the previous, 50,000-mile price point. You'll find this price whether you want to get to Paris-Charles de Gaulle (CDG), Amsterdam (AMS), or connect almost anywhere in Europe.
Factor in this transfer bonus, and you’d need just 50,000 Ultimate Rewards points to make it happen.
Read our full Air France business class review!
The big kicker here is the fees. Flying Blue now tacks on north of $300 for a one-way business class award to Europe – and about $600 or more for the way back. That's certainly not nothing and makes these rock-bottom award rates tougher to stomach.
The other hiccup is that it's gotten tough to find the availability to book at these ultra-low rates. With Flying Blue's dynamic award pricing, you're more likely to see rates of 200,000 miles or more – especially in business class. But if you're flexible, you can find a deal like this, and it remains one of the best ways to book business class with miles. Luckily, Air France and KLM allow you to easily scroll through up to a month's worth of flights to find the best deals.
Thrifty Tip: Leave your date(s) blank when searching for award tickets to pull up a monthly calendar – check out our full walkthrough on using Flying Blue miles!
You can also book economy awards to Europe using Air France and KLM miles, including one-way trips from most U.S. cities for 25,000 miles – just 21,000 Ultimate Rewards with this bonus … or less with Flying Blue's monthly list of promo rewards.
But again, the cash surcharges Flying Blue passes on, even on economy award tickets, can make that less appealing. While it can easily be worth paying a couple of hundred bucks for a one-way business class ticket to Europe, that's less competitive when it comes to economy class pricing.
Read more on the best ways to put this 25% transfer bonus to Air France/KLM to use!
65% Bonus on Chase Transfers to Marriott Bonvoy
Chase is also offering a 65% transfer bonus when moving Ultimate Rewards points to Marriott Bonvoy – but this bonus works a little differently than most others.
From now until May 15, you can transfer points and get a 65% bonus. On May 16, the rate drops to 50% and remains in effect through June 30. If you're planning to make use of this one, it would be best to act fast and take advantage of the better rate.
It's easy to see a 65% bonus and get excited. But be warned that not all points are created equal … especially with hotel points like Marriott. Still, if you have a particular hotel in mind and need to top off your account with a few extra points in order to make it a reality, transferring Membership Rewards to Marriott with a 65% bonus is certainly better than the usual 1:1 ratio.
Looking at a one-night stay in downtown Minneapolis, you can book the Minneapolis Marriott City Center for 30,000 Bonvoy points per night. If you didn't already have any Bonvoy points in your account, you'd need to transfer 19,000 Chase points with the current transfer bonus in order to have enough points to book this stay.
That sure beats the nearly $300-per-night rate Marriott charges when paying cash. You'll find similar deals at other Marriott hotels around the world, but not all of them will be quite so good. Be sure to do the math to make sure you're coming out ahead.
Bottom Line
Transfer bonuses can be a great way to get more value from your points and help you realize your dream vacation even sooner. These bonuses are constantly coming and going, so it's important to stay up-to-date on the current promotions before moving your points to ensure you're not leaving any free points on the table.
But it's always best to keep your points flexible until you're ready to book. Due to constant loyalty-program devaluations, transferring points without an immediate plan to use them is rarely a good option.
Please advise when they are any good transfer bonus from Chase!
Hi we’ve accumulated a lot of Capital One Venture points over the years. Are they transferable or should I have the Venture X or Amex or other cards instead? Ty!
They are also transferrable – identical, in fact, to the Venture X. Capital One just isn’t quite as generous with transfer bonuses as other banks, which is why you don’t see them in this story. Here’s our guide on Capital One transfer partners.
Flying Blue charges as LITTLE as 50k for biz to Europe. Redemptions increase significantly from that amount.
Thanks for sharing! I didn’t realize my Citi card was ineligible for points transfer until I read “To take advantage of this bonus you’ll first need to have a card that earns transferable ThankYou points like the Citi Premier® Card.” So although I am disappointed to not have flexible use of those ThankYou points, now I know to spend instead on my more flexible cards!
Hi! This is super helpful, thank you! Quick question – do you simply need to transfer the points from the card to the hotel or airline stated above by the deadline/deal expiration, or do you need to actually travel between the transfer bonus announcement and their expiration date? Thank you!
Hi Amy. You just need to transfer them. No requirement to use them by the expiration date for the transfer bonus.