Transfer bonuses can boost the value of transferable points and miles when you move them to airline or hotel partners. They’re limited-time offers, so act quickly if one fits your travel plans. Note that some bonuses are targeted and may not be available to all accounts.
Active transfer bonuses
– Capital One → Japan Airlines Mileage Bank: 30% bonus, ends April 30. Transfer ratio: 1,000 Capital One miles → 975 JAL miles (regular Capital One-to-JAL ratios apply).
– Chase Ultimate Rewards → Air Canada Aeroplan: 20% bonus, ends April 30. Transfer ratio: 1,000 Chase points → 1,200 Aeroplan points.
– Chase Ultimate Rewards → IHG One Rewards: 70% bonus, ends April 30. Transfer ratio: 1,000 Chase points → 1,700 IHG points.
– Citi ThankYou Rewards → Avianca LifeMiles: 25% bonus, ends April 18. Transfer ratio: 1,000 TY points → 1,250 LifeMiles if you hold a Citi card that unlocks the full ratio; otherwise 1,000 → 875.
– Citi ThankYou Rewards → Virgin Atlantic Flying Club: 30% bonus, ends April 18. Transfer ratio: 1,000 TY points → 1,300 Virgin points with eligible Citi cards; otherwise 1,000 → 910.
– Rove Miles → SAS EuroBonus: 20% bonus, ends April 8. Transfer ratio: 1,000 Rove miles → 1,200 EuroBonus points.
American Express Membership Rewards
– No Membership Rewards transfer bonuses are running at this time.
How to earn Membership Rewards (examples)
– American Express® Gold Card — current welcome offers vary.
– American Express Platinum Card® — current welcome offers vary.
Capital One
– Capital One is offering a 30% bonus to Japan Airlines Mileage Bank through April 30. Check the exact transfer rate in your account before moving points.
How to earn Capital One miles (examples)
– Capital One Spark Miles for Business
– Capital One Venture Rewards Credit Card
– Capital One Venture X Rewards Credit Card
Notes: TPG values Capital One miles at 1.85 cents each (April 2026 valuation). Most transfers from Capital One are instant.
Chase Ultimate Rewards
– Two Chase bonuses run through April 30: 20% to Air Canada Aeroplan (1,000 → 1,200) and 70% to IHG One Rewards (1,000 → 1,700). Transfer only when you’re ready to book because transfers are irreversible and award space can change.
How to earn Chase Ultimate Rewards (examples)
– Chase Sapphire Preferred® Card
– Chase Sapphire Reserve®
– Ink Business Preferred® Credit Card
Citi ThankYou Rewards
– Through April 18 Citi is offering 30% to Virgin Atlantic and 25% to Avianca LifeMiles. The full bonus applies only if you hold a Citi card that unlocks the full transfer ratio (Citi Strata Elite, Citi Strata Premier, or the legacy Citi Prestige). With an eligible card: 1,000 TY → 1,300 Virgin or 1,250 Avianca. Without one: 1,000 → 910 Virgin or 875 Avianca.
How to earn Citi ThankYou Rewards (examples)
– Citi Strata Elite℠ Card
– Citi Strata Premier® Card
Notes: TPG values ThankYou points at 1.9 cents each (April 2026 valuation). Most transfers are instant.
Marriott Bonvoy
– Marriott currently has no transfer bonuses to airline partners.
How to earn Marriott Bonvoy (examples)
– Marriott Bonvoy Bold® Credit Card
– Marriott Bonvoy Boundless® Credit Card
– Marriott Bonvoy Brilliant® American Express® Card
Notes: TPG values Marriott points at 0.75 cents each (April 2026). Airline transfers from Marriott can take days or weeks.
Rove Miles
– Rove is offering a 20% bonus to SAS EuroBonus through April 8: 1,000 Rove miles → 1,200 EuroBonus points. Rove is a newer, no-credit-card-required program that lets you earn transferable miles via hotel bookings, flights, and shopping. New users can earn small signup bonuses through partner offers.
Should you transfer?
– Transfer points only if you have a clear, short-term redemption in mind. Transfers are irreversible and you may lose the flexibility of transferable currency if you move points into a partner you won’t use.
– If you don’t have a specific award in mind, earning points through card welcome bonuses and everyday spending may be preferable.
– Always verify award availability and the exact transfer ratios in your account before transferring.
Bottom line
– Transfer bonuses can increase value when you plan to use a partner program soon or frequently. Run the numbers and confirm award availability before transferring, since the flexibility of transferable points is a major part of their value.
