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Home » Present bank card switch bonuses: Get extra out of your rewards
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Present bank card switch bonuses: Get extra out of your rewards

adminBy adminFebruary 29, 2024No Comments8 Mins Read
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Citi is a TPG promoting companion.

In case you actually wish to maximize your factors and miles, periodic transfer bonuses can supply profitable alternatives for fantastic award redemptions. You possibly can generally get considerably extra worth out of your rewards by transferring them to a specific airline or hotel partner throughout one in all these bonuses.

Nonetheless, these are limited-time gives.

We have compiled the switch bonuses for the most important transferable rewards programs to make monitoring these gives simpler. Simply notice that switch bonuses are generally focused, so some is probably not out there.

American Specific Membership Rewards

You possibly can at the moment switch American Express Membership Rewards factors to Avianca LifeMiles with a 15% bonus. The promotion, which is being offered through LifeMiles, will run via March 15.

For the reason that supply is thru LifeMiles, you will solely see the switch bonus submit after the switch has been made. Membership Rewards factors switch to LifeMiles at a 1:1 ratio, so with this promo, you’d get 1,150 LifeMiles for each 1,000 Membership Rewards factors transferred.

Accomplice program Switch bonus Efficient switch ratio Dates
Avianca LifeMiles 15% 1:1.15 Till March 15

The way to earn American Specific Membership Rewards factors

You will want Membership Rewards factors to maximise Amex switch bonuses. In case you’re seeking to earn Membership Rewards factors, the next Amex cards could possibly be helpful additions to your pockets:

Examine the CardMatch tool to see should you’re focused for an even higher welcome offer (topic to alter at any time).

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Reward your inbox with the TPG Day by day e-newsletter

Be a part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s specialists

You may also earn further Membership Rewards factors while you enroll in Amex Offers and shop with Rakuten.

Primarily based on TPG’s valuations, Membership Rewards factors are price 2 cents every, and our assessments point out that they transfer instantly to most applications.

Associated: How to redeem American Express Membership Rewards for maximum value

THOMAS BARWICK/GETTY IMAGES

Chase Final Rewards

Chase is at the moment providing a 60% bonus when transferring Ultimate Rewards points to IHG One Rewards. Transfers may be carried out in increments of 1,000, which successfully makes 1,000 Ultimate Rewards factors price 1,600 IHG One Rewards factors.

Nonetheless, based mostly on TPG’s valuations, this is not an excellent deal except you are searching for an choice to prime off your IHG account for a selected redemption. TPG values Final Rewards factors at 2.05 cents every, whereas IHG One Rewards factors are valued at simply 0.5 cents apiece.

By this calculation, transferring 1,000 Final Rewards factors, even with this bonus, could be like buying and selling $20.50 price of Final Rewards factors for $8 price of IHG factors.

Accomplice program Switch bonus Efficient switch ratio Dates
IHG One Rewards 60% 1:1.6 Till March 1

The way to earn Chase Final Rewards factors

If you wish to earn extra Chase Final Rewards factors, the next playing cards might make good additions to your pockets:

When you have one (or extra) of the above playing cards, you possibly can combine your Ultimate Rewards points in a single account. Then, you possibly can successfully convert the cash-back earnings on the next playing cards into absolutely transferable Final Rewards factors:

  • Chase Freedom Flex℠: Earn $200 money again after spending $500 on purchases within the first three months of account opening.
  • Chase Freedom Unlimited®: Earn a further 1.5% money again on every thing you purchase (on as much as $20,000 spent within the first yr), price as much as $300 money again.
  • Ink Business Cash® Credit Card: Earn $750 bonus money again after you spend $6,000 on purchases within the first three months after account opening.
  • Ink Business Unlimited® Credit Card: Earn $750 bonus money again after you spend $6,000 on purchases within the first three months from account opening.

Based on TPG’s valuations, Chase Final Rewards factors are price 2.05 cents every when maximized with journey companions. Most Ultimate Rewards transfers will course of immediately.

Associated: How to redeem Chase Ultimate Rewards points for maximum value

Capital One miles

There are at the moment no switch bonuses for Capital One miles.

The way to earn Capital One miles

For a future switch bonus, the next Capital One cards might make good additions to your pockets:

  • Capital One Venture X Rewards Credit Card: Earn 75,000 bonus miles while you spend $4,000 on purchases within the first three months from account opening.
  • Capital One Venture X Business: Earn as much as 300,000 bonus miles: 150,000 bonus miles after spending $20,000 within the first three months and a further 150,000 bonus miles after spending $100,000 within the first six months from account opening.
  • Capital One Venture Rewards Credit Card: Earn 75,000 bonus miles while you spend $4,000 on purchases within the first three months from account opening.
  • Capital One Spark Miles for Business: Earn 50,000 bonus miles after spending $4,500 on purchases within the first three months of account opening.

TPG’s valuations peg the worth of Capital One miles at 1.85 cents every, and most transfers from Capital One will course of immediately.

For extra particulars, take a look at our guides to the Capital One transfer partners and find out how to transfer Capital One miles to airline partners.

Associated: Cashing in Capital One miles? How to get the maximum value when redeeming miles

ZACH GRIFF/THE POINTS GUY

Citi ThankYou Rewards

Citi cardholders can receive a 30% bonus when transferring Citi ThankYou Rewards points to Virgin Atlantic Flying Club via March 16.

Transfers should be accomplished in increments of 1,000. Citi ThankYou Rewards factors and Virgin Atlantic Flying Club factors usually switch at a 1:1 ratio, and this bonus means you will get 1,300 Virgin factors while you switch 1,000 ThankYou factors.

Accomplice program Switch bonus Efficient switch ratio Dates
Virgin Atlantic Flying Membership 30% 1:1.3 Till March 16

The way to earn Citi ThankYou Rewards factors

These Citi credit cards might make helpful additions to your pockets for incomes Citi ThankYou Rewards factors:

  • Citi Premier® Card (see rates and fees): Earn 60,000 bonus factors after you spend $4,000 on purchases along with your card inside three months of account opening.
  • Citi Rewards+® Card (see rates and fees): Earn 20,000 bonus factors after you spend $1,500 on purchases along with your card inside three months of account opening. Plus, earn 5 bonus ThankYou Rewards factors per greenback spent on motels, automobile leases and sights, excluding air journey, on the Citi journey portal via June 30. (Observe: You should pair this card with a premium Citi ThankYou card to entry a full-fledged, transferable ThankYou factors account.)

Primarily based on TPG’s valuations, Citi ThankYou Rewards factors are price about 1.8 cents every. Nonetheless, notice that some Citi transfers will not process instantly. So, issue within the switch time should you’re attempting to e book an award with scarce availability.

Associated: Is Citi ThankYou Rewards the most underappreciated and misunderstood program?

FAIRFIELD BY MARRIOTT ANAHEIM RESORT/FACEBOOK

Marriott Bonvoy

Marriott Bonvoy shouldn’t be operating any switch bonuses at the moment.

The way to earn Marriott Bonvoy factors

In case you’re seeking to earn more Marriott Bonvoy points, the next Marriott Bonvoy cards could also be of curiosity:

  • Marriott Bonvoy Brilliant® American Express® Card: Earn 185,000 Marriott Bonvoy bonus factors after utilizing your card to spend $6,000 on purchases within the first six months of card membership.
  • Marriott Bonvoy Bevy™ American Express® Card: Earn 155,000 Marriott Bonvoy bonus factors after utilizing your card to spend $5,000 on purchases within the first six months of card membership.
  • Marriott Bonvoy Boundless® Credit Card: Earn 5 free evening awards (every evening valued at as much as 50,000 factors) after spending $5,000 on purchases within the first three months of account opening. Sure motels have resort charges.
  • Marriott Bonvoy Business® American Express® Card: Restricted-time supply: Earn 5 free evening awards after you employ your new card to make $8,000 in eligible purchases inside the first six months of card membership. Every award can be utilized for one evening at a redemption degree at or beneath 50,000 factors. Sure motels have resort charges. Provide ends March 20.
  • Marriott Bonvoy Bold® Credit Card: Earn 30,000 Marriott Bonvoy bonus factors after utilizing your card to spend $1,000 on eligible purchases within the first three months from account opening.

TPG’s valuations peg the worth of Marriott Bonvoy factors at 0.84 cents every. Earlier than transferring factors, assessment our tests of Marriott transfer times since some airways take a number of days (and even weeks) to obtain the factors.

Associated: How to redeem points with the Marriott Bonvoy program

Do you have to switch factors?

We solely suggest transferring factors you probably have a short-term plan to make use of them. Many applications have carried out devaluations over the previous couple of years, so any speculative transfers could possibly be a dropping proposition.

Transfers are irreversible, and you do not wish to be caught with 1000’s of factors in a program you could have little use for.

If you do not have a particular redemption in thoughts however nonetheless wish to earn miles, you are seemingly higher off incomes rewards via credit card welcome bonuses and on a regular basis spending.

Backside line

When a transferable forex program gives a switch bonus, operating the numbers is necessary to see whether or not it’s worthwhile.

Usually, you will not wish to switch your factors with no particular redemption in thoughts. In any case, a big a part of the worth of transferable factors comes from their flexibility — which you will quit the second you change them to a companion’s forex.

Nonetheless, should you use this system ceaselessly or plan to redeem quickly, a switch bonus may also help you get extra worth out of your factors.

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