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Tis the season to transfer!
First things first…I don’t advise speculatively transferring, but if you’re planning to take a trip, and could use these points to make it happen, this is exactly the time to make your transfer. A 40% transfer bonus is one of the best you are going to get, bar none, and it’s valid on transfers from Amex to BA, Iberia, and Aer Lingus until 11/15/18
Transfer bonus is offered until 11/15/18
Quick example of putting it to use on Iberia
I recently wrote a post illustrating a considerable amount of dates showing Iberia biz avail from NYC and Chicago to Madrid in the beginning of next year. All of these programs operate peak and off peak pricing, but I was able to snag a roundtrip flight from Chicago to Madrid for just 68k Avios. Insane deal. I used Avios I had effectively purchased from the Iberia promo earlier this year, but had a transfer bonus been in effect, it would have only cost me 49k Amex to fly roundtrip. WHAT?!?!?! That’s just nuts.
A couple of things to consider:
- BA transfers are instant and I’ve done it many times
- Iberia transfer aren’t always
- I’ve read reports of a couple days to even a week – keep that in mind with fluctuating avail
- I’ve had them instantly go over, but clearly this isn’t always the case
- Aer Lingus – Would love some data…I’ve personally not done this, nor know anyone personally who has…
Or…You could nab a BA First Class flight like the feature image for 49k Amex during off peak from ORD to LHR – those fees tho…
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
$300 Chase Travel℠ Credit + Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- $300 Chase Travel℠ Credit + Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
- That’s worth $750 when redeemed through Chase Travel℠. Plus, get up to $300 in statement credits on Chase Travel℠ purchases within your first year
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
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