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 |
|---|---|---|---|---|
| Chase | IHG | 70% | Jan. 15, 2026 |
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.
70% Bonus on Chase Transfers to IHG One Rewards
Chase is currently offering a 70% transfer bonus when moving Ultimate Rewards points to the IHG One Rewards program. It's easy to see a 70% bonus and get excited, but be warned that not all points are created equal … and this is especially true with IHG.
Having said that, there are still plenty of situations where this can make good sense. Take the Kimpton Seafire Resort + Spa in Grand Cayman, for example. This hotel goes for a whopping $1,300-plus per night during peak season.
If you instead booked this hotel with points, it would only cost 70,000 IHG points per night – just 42,000 Chase Ultimate Rewards with this bonus! If you've got an IHG co-branded credit card, it gets even better. By taking advantage of your card's fourth-night-free benefit, you could book a four-night stay here for only 210,000 IHG points – just 124,000 Ultimate Rewards with this 100% bonus.
You'd still be on the hook for an $85 per night “amenity fee”, but considering the cash cost of this stay would be north of $5,000 per night, it's still an excellent use of Chase points.
If you're not flush with Chase points (or prefer to save them), there is another option to consider: IHG frequently sells points with a 100% bonus. Since you can cash out credit card points from banks like Wells Fargo, Discover, and even Chase for one cent each, you'd be better off getting 2 IHG points per credit card point with one of these sales … albeit with an extra step in the process.
If you have a particular hotel in mind, transferring Ultimate Rewards to IHG with a 70% bonus could be a solid choice. Just be sure to make your transfer before this bonus expires on Jan. 15, 2026!
Read more: When Does It Make Sense to Buy Hotel Points?
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.