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. So with a 25% transfer bonus, you'd only need to transfer 40,000 points to get the 50,000 miles you need to book an award flight.

Here are all the current transfer bonuses available as of publication, broken down by bank.

 

Transfer fromTransfer toBonusExpiresMore info
AmexVirgin Atlantic40%Dec. 31, 2024Full details
AmexMarriott Bonvoy35%Dec. 31, 2024
ChaseAir Canada Aeroplan20%Jan. 15, 2025Full details
ChaseAir France/KLM20%Jan. 15, 2025
ChaseIHG70%Jan. 15, 2025Full details

 

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 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 might want (or not want) to use them.

 

40% Bonus from Amex to Virgin Atlantic

When one door closes, another opens: Just days after a record-setting transfer bonus from Chase Ultimate Rewards to Virgin ended, American Express is stepping in to pick up the slack with an equally impressive bonus. 

American Express just rolled out a huge 40% bonus when transferring Amex points to your Virgin account. This bonus is widely available so long as you've got a card that earns Membership Rewards like *amex platinum* or *amex gold* – your co-branded Delta SkyMiles credit cards from American Express won’t do the trick, unfortunately. 

This transfer bonus runs through the end of the month, expiring on Tuesday, Dec. 31.

 

40% transfer bonus from Amex to Virgin

 

And the timing is impeccable. Not only will your Amex points go even further, but Virgin Atlantic Flying Club is arguably better than ever, too.

After introducing dynamic award pricing last month, the airline ushered in some of the best deals to cross the pond we've ever seen: 

  • Economy flights to London-Heathrow (LHR) start as low as 6,000 miles and just $75 
  • You can book Virgin Atlantic Upper Class for as low as just 29,000 miles and $254 – half the mileage and a quarter of the taxes and fees the airline previously charged

 

Virgin business class fare

 

With a 40% bonus, this business class ticket to London would cost you just 21,000 Amex points. That's an absurdly, unbelievably good deal.

The savings spread to Virgin's bevy of excellent airline partners. A few other standouts include:

Read our full guide to maximizing this massive transfer bonus!

 

20% Bonus on Chase Transfers to Flying Blue

Chase recently rolled out a new 20% bonus on transfers to Air France/KLM Flying Blue, a great mileage program to get from the U.S. to Europe using fewer points. It runs through Jan. 15, so you've still got some time to make use of this bonus if it fits your travel plans.

 

Chase to Flying Blue 20% transfer bonus details

 

Whether you want to get to Paris-Charles de Gaulle (CDG), Amsterdam (AMS), or connect almost anywhere flying business class to Europe, Flying Blue now charges just 50,000 miles each way. With this transfer bonus, you’d need as few as 42,000 Ultimate Rewards points to make it happen.  

 

Flying Blue MSP-AMS business class

 

You can also book economy awards to Europe using Air France and KLM miles – including one-way trips from several North American cities for less than 20,000 miles. 

Take this one-way flight from Montreal (YUL) to Prague (PRG) for example. Flying Blue is charging just 15,000 miles plus $144 in taxes and fees for this one-way flight on Air France, with a quick connection in Paris (CDG). By taking advantage of the current 25% transfer bonus from Chase, you'd only need to transfer 13,000 Chase Ultimate Rewards to Flying Blue in order to make the hop across the pond. That's an absolute steal!

 

Flying Blue economy award from YUL-PRG

 

Just be warned: Flying Blue does pass on some hefty cash surcharges on award tickets that make it less appealing when booking economy tickets. While it can easily be worth paying $200 or so for a one-way business class ticket to Europe, that's not always the case with booking economy fares. 

Finding flights at these low rates may require some flexibility, as you won't find them on every single date. Luckily, Air France and KLM allow you to easily scroll through up to a month's worth of flights to find the best deals. 

 

20% Bonus on Chase Transfers to Aeroplan

Chase recently rolled out a 20% bonus when transferring Chase Ultimate Rewards points to your Air Canada Aeroplan account. This bonus is widely available so long as you've got a card that earns Chase Ultimate Rewards points like the *chase sapphire preferred* or *chase sapphire reserve*. It's available through Jan. 15, 2025.

 

Aeroplan 20% transfer bonus

 

Aeroplan is one of the best mileage programs on the planet – and not just to fly Air Canada. You can use it to book cheap United award tickets for domestic flights, business class flights to Europe from 60,000 miles each way or to Asia as low as 55,000 miles one-way.

 

aeroplan ord-lhr in business class

 

Factor in that 20% transfer bonus and you can score a business class flight to Europe for as few as just 50,000 Chase points.

Read our guide to booking award flights through Air Canada Aeroplan! 

If Hawaii has been on your radar, you're in luck. Due to Aeroplan's distance-based pricing model, you'll want to start from the West Coast where flights are shorter. Your best bet is looking for flights from Los Angeles (LAX) or San Francisco (SFO) flying United Airlines.

 

aeroplan sfo-hnl on united

 

You can book a one-way flight for just 12,500 miles in economy – roughly half of what United itself would normally charge. Factor in this transfer bonus, and you can book roundtrip flights to Hawaii using just 21,000 Chase points.

Got an *aeroplan card* in your wallet, too? It gets even better: So long as you transfer at least 50,000 Chase points, Aeroplan will tack on an extra 10% bonus for Aeroplan cardholders (a maximum of 25,000 bonus points each year). That means a 50,000-point transfer would net you a total of 65,000 Aeroplan points!

Check out this story for full details on this transfer bonus!

 

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.