Source: The Points Guy
Summary
Several credit card companies are offering transfer bonuses for loyalty programs, allowing customers to earn more points and miles. Chase is offering a 50% transfer bonus to Marriott Bonvoy, while Capital One is offering a 30% transfer bonus to Japan Airlines Mileage Bank and a 15% transfer bonus to Avianca LifeMiles. Citi ThankYou Rewards is not currently offering any transfer bonuses. It’s essential to run the numbers to determine whether a transfer bonus is worthwhile, as transferring points or miles can limit their flexibility.
Our Reading
The escape is carefully planned. With transfer bonuses, you can earn more points and miles to book flights, hotels, and other travel rewards. However, it’s crucial to verify award availability before transferring your rewards. Chase, Capital One, and Citi are offering transfer bonuses to various loyalty programs, including Marriott Bonvoy, Japan Airlines Mileage Bank, and Avianca LifeMiles. The key is to have a short-term plan to use the points or miles to maximize their value.
And, of course, the best part of traveling is the planning, not the actual trip.
Author: Evan Null
