American Express announced that they will be running a new transfer bonus! From December 3rd to January 14th, you will receive a 30% bonus if you transfer your Membership Rewards points into British Airways. Score!
No, this isn’t as lucrative as the 40% or 50% transfer opportunities last year, but there is still value here. I’m always excited to hear about transfer bonus opportunities with American Express and their Membership Rewards program. It’s how I choose to use Membership Rewards points.
To receive your 30% transfer bonus, all you have to do is go here. There is no registration process, just proceed and transfer as normal.
What to do with Avios?
Oh, the things I can do with Avios points. I’ve written several posts on how Avios bailed me out, and allowed me to fly short hauls on the cheap. I spent 15,000 Avios for a direct roundtrip ticket to Chicago for the seminars last month. I’ve also been able to find one way flights for only 4,500 Avios!
When you use British Airways Avios points domestically, you’re actually flying on American Airlines, which is a partner of British Airways. Here’s my post on how to book American Airlines flights with Avios.
Here are some other posts on what Avios can do for you.
British Airways has a distance based award chart, and with longer haul flights, there are often huge fuel surcharges. Iberia airlines is one partner of British Airways where you can avoid such mega fuel surcharges.
How to acquire Membership Rewards.
I love Membership Rewards for these transfer bonus opportunities. This is the one area where Chase’s Ultimate Rewards program is behind American Express’ Membership Rewards program.
Sum it up
I stack up and unload my Membership Rewards points when there’s a bonus. Now only you can make the call if Avios and the 30% transfer opportunity is right for you. But the great thing is, you have some time to think to about it. The promotion will be live December 3rd to January 14th. That gives you plenty of time to earn Membership Rewards points and to find out if using Avios is your style.
— Geoff Whitmore