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 a specific airline or hotel partner. 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 |
|---|---|---|---|---|
| Amex | Aer Lingus, British Airways & Iberia | 30% | July 15, 2025 | Full details |
| Amex | Hilton | Up to 30% | Unknown | This bonus is targeted - not everyone will see it. |
| Chase | Marriott | 65% | June 30, 2025 | |
| Citi | Wyndham Rewards | 25% | June 21, 2025 |
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 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.
65% Bonus on Chase Transfers to Marriott Bonvoy
Chase is currently offering a 65% transfer bonus when moving Ultimate Rewards points to Marriott Bonvoy. This transfer bonus runs through June 30, so you've got a couple of weeks remaining to take advantage.
But this bonus is unique: After the 65% bonus ends at the end of the month, you can still get a 50% bonus on transfers through Aug. 15!
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 Ultimate Rewards to Marriott with a 50% bonus is certainly better than the usual 1:1 ratio.
The key to ending up on the right side of this transfer bonus is to do the math before booking. Since you can redeem points through Chase Travel℠ at a rate of 1.25 cents per point with the *chase sapphire preferred* or 1.5 cents per point with the *chase sapphire reserve*, that should be your baseline for determining the value that you're getting with this transfer bonus.
Looking at a one-night stay in downtown Minneapolis, I can book the Minneapolis Marriott City Center for 30,000 Bonvoy points per night. If I didn't already have any Bonvoy points in my account, I'd need to transfer 19,000 Chase Ultimate Rewards with the current transfer bonus in order to have enough points to book this stay.
Since I have the *chase sapphire preferred*, I could also book this hotel through the Chase Travel Portal and get 1.25 cents per point towards the cost of my stay. In this situation, that would cost me nearly 23,000 Ultimate Rewards for the one-night stay. By instead using the current 65% transfer bonus to Marriott, I could use fewer points than I would booking through the travel portal.
But the math changes if I had the *chase sapphire reserve* and got 1.5 cents per point for booking through the Chase Travel portal instead. In that case, I'd be able to book this room for just 19,000 Ultimate Rewards per night, making it a comparable redemption.
Another thing to consider when deciding how to book is your elite status level – or lack thereof. If you book through the Chase Travel Portal, you won't receive any elite benefits, earn points, or get elite-night credits for your stay. To some travelers, this won't matter at all … but to others, it could be a total dealbreaker.
30% Bonus on American Express Transfers to Avios
American Express is currently offering a 30% bonus when moving points to a trio of airlines: Aer Lingus, British Airways, and Iberia.
From booking short American Airlines flights within the U.S. to the world's best business class and one of the cheapest ways to book a lie-flat seat to Europe, there are tons of great ways to use Avios – and considering you can combine Avios between a growing number of airlines, that list is longer than ever.
And you've got plenty of time to put it to use: This excellent new Amex transfer bonus ends July 15!
So long as you've got a card that earns Membership Rewards like *amex platinum* or the *amex gold* you should see the bonus listed in the list of transfer partners for all these airlines. Co-branded Delta SkyMiles credit cards from American Express won’t do the trick, sorry.
Most airlines charge about 60,000 to 70,000 miles to fly from the U.S. to Europe and back. One airline can get you there and back for half that price.
It’s Iberia, the Spanish flag carrier. Depart from the right cities and at the right time, and you can score round-trip flights straight to Madrid (MAD) for just 32,000 miles plus about $200 in taxes and fees – or just 25,000 Amex points with this transfer bonus.
Iberia and British Airways both recently raised award rates for these Iberia nonstops between the U.S. and Madrid (MAD) in business class. Yet this economy redemption got (slightly) cheaper.
The trick? Iberia’s distance-based award pricing system means you have to start your journey from the East Coast hubs of Boston (BOS), Washington, D.C.-Dulles (IAD) or New York City (JFK). Luckily for Midwesterners, Chicago-O’Hare (ORD) still works at this price, too. Departing from other Iberia outposts like Miami (MIA), Dallas-Fort Worth (DFW), San Francisco (SFO), or Los Angeles (LAX) will cost you more miles.
Or you could use this transfer bonus, to take those same flights in style.
Even after that unannounced increase, flying business class to Europe doesn't much cheaper than this. And with a 30% transfer bonus to British Airways or Iberia, the best somehow gets even better.
After transferring to Iberia, it brings your final tally to just 32,000 points for a one-way Iberia business class flight to Madrid – or 63,000 points roundtrip! That’s a roundtrip flight in business class for less than what almost every other airline would charge you to fly in economy.
Why not fly like this rather than back in economy when you can do it using fewer points?
Read our full review of Iberia business class!
Booking Iberia business class flights follows the same script as the economy example above. Focus on flights from New York City, Boston, Washington DC, and Chicago to Madrid to get the lowest rates. Off-peak travel times are key. And you can book for these ultra-low rates through both British Airways and Iberia itself.
Oh, and a word of advice if you're looking to take advantage of this deal? It pays to plan far, far ahead: Often, your best bet for snagging these business class seats is by booking 10-plus months in advance.
Need more info? Read our guide to booking Iberia business class!
Up to a 30% 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 (maybe?): Amex is targeting some cardholders with a bonus when transferring to Hilton Honors!
Unfortunately, there doesn't appear to be any rhyme or reason to who's targeted … or how big of a bonus you'll get. For example, when I log into my Amex account, I see a “limited-time offer” for a 20% bonus. Meanwhile, another member of the Thrifty Traveler team was targeted for 30% and several others saw nothing at all.
Since Amex points ordinarily transfer to Hilton at a 1:2 ratio, this new (targeted) bonus means makes it an even better deal, no matter the size. But keep in mind, 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.
That said, this transfer bonus could be great if you have a particular redemption in mind.
If high-end boutique hotels are your thing, Hilton's partnership with Small Luxury Hotels (SLH) is perfect for you. This new partnership 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 – and get you some serious bang for your buck in the process.
Take the little slice of Caribbean heaven known as the Hermitage Bay Resort in Antigua, for example. After another recent devaluation, this property now goes for a whopping 190,000 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 my 20% transfer bonus, I'd only need to transfer 80,000 Amex points to book a free night. If you're targeted for a 30% bonus, it gets even better: You'd need just 74,000 Amex points to book a free night here.
If you've got any level of Hilton status – including the complimentary Hilton 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 293,000 Amex points.
Admittedly, that's a ton of Amex 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.
Since this bonus is targeted, there's no end date listed. If you've got a good use for Hilton points and see a bonus in your Amex account, it would be wise to take advantage before it's gone.
Read our full story on this transfer bonus for even more inspiration!
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 will rarely be 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.