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- š Three new (and valuable) transfer bonuses
š Three new (and valuable) transfer bonuses
I'll break down why each one is worth considering (and how I'm using them myself!)
Estimated read time: 4 minutes and 8 seconds
š³ Daily Drop now has a dedicated website page highlighting all current transfer bonuses. So click this link, bookmark the page, and reference it whenever youāre thinking of transferring points. Youāll see why Iām telling you about this in a secā¦ š
Good morning from Dushanbe, the āParis of Central Asia.ā
Just kidding, itās way more beautiful than Paris.
But not more beautiful than these points and miles deals Iāve got for you.
Apparently, every bank decided to drop some new transfer bonuses on the same dayā¦ so today will be a transfer bonus bonanza:
š¬š§ 30% transfer bonus to Avios
š¦šŗ 20% transfer bonus to Qantas
š¬š§ 30% transfer bonus to Avios
First on the docket is certainly the best of the new bonus offers.
Until September 30th, you can transfer [[ american-express-gold-card.points-program-override.points-currency ]] [[ american-express-gold-card.points-program-override.points-currency-short ]] to Avios with a 30% bonus, which opens up some pretty epic value for booking award flights.
I know I sound like a broken record here, but I need to remind you:
When you have Avios in any program that uses that currency (British Airways, Qatar, Iberia, Aer Lingus, Finnair), you can freely transfer them around between all of those airlines.
As you might imagine, this means you have hundreds of cool ways to use these points after getting your tasty 30% bonus.
Personally, I was JUST about to pull the trigger and transfer some points to Avios for a flight I need to book from Montevideo, Uruguay to Dakar, Senegal via Madrid.
Side note: How awesome is it that we can use points and miles to book such random and specific itineraries, like going from an obscure city in South America to an even more obscure city in West Africa?
Anyway, this flight normally costs 31,350 Avios to fly on Iberia, which I was already fine with paying for such a long set of flights.
With this bonus, however, I only need to shell out 24,000 [[ american-express-gold-card.points-program-override.points-currency ]] [[ american-express-gold-card.points-program-override.points-currency-short ]], which is one of the better points deals Iāve booked all year.
But if you just want to use Avios to book flights with British Airways or even domestic flights in the U.S. on American Airlines, this is just an excellent opportunity and a great use of [[ american-express-gold-card.points-program-override.points-currency ]] [[ american-express-gold-card.points-program-override.points-currency-short ]].
š¦šŗ 20% transfer bonus to Qantas
Okay, hereās an interesting oneā¦
While there are tons of ways to book Qantas flights with other programs, we rarely talk about Qantasā own in-house award program.
As North Americans, there arenāt a ton of ways to really get outsize value out of it.
But when thereās a transfer bonus, itās certainly worth paying attention to.
Oh, look at that. Thereās a transfer bonus.
Until September 1st, 2024, you can transfer Capital One miles to Qantas with a 20% bonus.
Generally speaking, itās better to book Qantas flights with other programs like Avios or Flying Blue miles.
But I also found some great deals on Qantas that beat those other programs, especially with this bonus.
For example, I have already booked a flight on Qantas for later this year from Jakarta to Sydney, which only costs 20,000 Qantas miles.
With this transfer bonus, thatās only 17,000 Capital One miles, which is a great deal for a 7-hour flight that normally costs around $400.
Iāve also been eyeing a trip to the teeny country of Timor-Leste later this year.
There are only two places you can fly from to get to the countryās capital of Dili, one of which is Darwin, Australia, onā¦ you guessed itā¦ Qantas.
Despite being a short, 1-hour flight, it costs almost $300 any day of the week.
Instead, I can transfer just over 6,000 Capital One miles, get the transfer bonus, and book this flight while paying just a fraction of the cash cost in taxes and fees.
So hereās the bottom line:
If you have plans on flying into, out of, or around Australia, definitely compare cash rates against Qantas award rates with this transfer bonus.
While it will rarely work out to be a crazy deal, it could definitely save you some money and points if you find the right sweet spots like I did!
Since many of you have recently signed up for the Capital One Venture Card (because of its amazing welcome offer), this is just one way you can put those miles to good use.
šØ 70% transfer bonus to Marriott
Okay, weāre almost done, folks. This time, letās mix things up and move on to a hotel program.
Until August 14th (a weirdly short timeframe for a transfer bonus), you can transfer [[ ink-business-preferred-credit-card.points-program-override.points-currency ]] [[ ink-business-preferred-credit-card.points-program-override.points-currency-short ]] to Marriott Bonvoy with a 70% bonus.
Because Marriott points are worth less than most airline miles, it rarely makes sense to transfer [[ ink-business-preferred-credit-card.points-program-override.points-currency ]] [[ ink-business-preferred-credit-card.points-program-override.points-currency-short ]] there.
For example, you can book Hyatt hotels (also a transfer partner of [[ ink-business-preferred-credit-card.points-program-override.points-currency ]] [[ ink-business-preferred-credit-card.points-program-override.points-currency-short ]]) for as few as 3,500 points, while most Marriott hotels cost ten times that amount.
Still, if youāre a big Marriott boy like me, why not get some free stays and 70% more points than normal?
For example, letās say you want to visit Santiago, Chile - one of the coolest cities in the world.
You could book five nights at this Marriott hotel for a total of just 48,000 points.
With a 70% transfer bonus, thatās just 28,000 [[ ink-business-preferred-credit-card.points-program-override.points-currency ]] [[ ink-business-preferred-credit-card.points-program-override.points-currency-short ]], or around 5,000 points per night.
At this point, youāre basically on par with Hyattās lowest award rates.
So if you have better status with Marriott or you find a hotel thatās in a better location, youāre not leaving any value on the table by using your valuable [[ ink-business-preferred-credit-card.points-program-override.points-currency ]] [[ ink-business-preferred-credit-card.points-program-override.points-currency-short ]] for Marriott over Hyatt.
Similarly, you could book a more luxurious stay at a hotel like the Ritz-Carlton in Kuala Lumpur, which only costs 128,000 points for a five-night stay.
With the bonus, thatās just 75,000 [[ ink-business-preferred-credit-card.points-program-override.points-currency ]] [[ ink-business-preferred-credit-card.points-program-override.points-currency-short ]] for five nights at Marriottās most luxurious brand.
In the end, you should definitely do your research to make sure you canāt get better value elsewhere.
Still, thereās nothing wrong with getting 70% more points than normal to put toward a stay at a hotel chain that you like.
Holy cow, that was a lot of transfer bonus talkā¦
With these three banks offering bonuses to three different programs, Iām hopeful that thereās a little something here for everyone!
Which transfer bonus are you most stoked about? |
See you tomorrow for more points and miles fun times ā¤ļø