June Transfer Bonuses

It's that time of the month again! Not that one, it's time for new transfer bonuses.

Every month the banks typically announce transfer bonuses, which means if you transfer points from the bank to the partner with the bonus, you’ll get more points for free with that partner! In order to take advantage of these bonuses, you need to transfer your flexible bank points to the travel partner with the bonus. You can learn how to transfer points here!

Put this on Your To-Do List: Partner Program Enrollments

You need to be enrolled in the travel partners program in order to connect your flight/hotel partner to the bank and to transfer points. Some programs require that you be enrolled for a certain about of time before you're eligible to transfer points in or book reward flights. It's best practice to spend a minute signing up for ALL of the travel partners a bank offers as soon as you can. That way, in the future, you won't miss out on a waiting period to be able to transfer and book.

How to Calculate How Many Points to Transfer

To figure out how many points you NEED to transfer, you take the amount of points needs to book your flight/hotel and divide that number by the transfer bonus (in numerical form, the percent plus 1). So say you want to book a 50,000 point flight and there's a 20% transfer bonus. You would calculate 50,000 / (1.2) to figure out how many points you need to actually transfer. In this case, it calculates out to 41,667 points. But most programs require you transfer points in 1,000 point increments, which means you'd transfer 42,000 points to book your 50,000 point travel.

On the flip side of the equation above, if come across a 20% transfer bonus, that means it you were to transfer 10,000 bank points to that travel partner, you would get 10,000 * 1.2, or 12,000 points with the travel partner after your transfer! 

Keep in mind... once you transfer points, you cannot transfer them back to your bank. They are then "stuck" in whichever airline/hotel partner you transferred to.

It is NOT recommended to transfer points from a bank to a travel partner, just because there's a bonus. It's generally best to keep your points flexible until you're ready to book travel, at which point you then transfer out of the bank.

June Transfer Bonuses

(these are subject to change/additional bonuses added)

American Express 

• British Airways: 30% bonus through July 15, 2025
• Aer Lingus: 30% bonus through July 15, 2025
• Iberia Plus: 30% bonus through July 15, 2025

Note, Amex will conveniently show you automatically how many points (in this case Avios) you'll get when you transfer your Membership Reward points, so you don't have to necessarily do the math:

Chase

• Air Canada Aeroplan: 20% bonus through July 17, 2025*

• Virgin Atlantic: 25% bonus through June 15, 2025**

Air Canada/Aeroplan Tip*

What's cool about Air Canada transfer bonus is that they are in Star Alliance, the airline alliance that includes United. So you could potentially book United flights for 20% off with this promo! However to do this, you need to search Air Canada and ensure that your United flight is bookable on Air Canada's website and actually book through Air Canada (after you've transferred your Chase points).

Virgin Atlantic Tip**

Virgin Atlantic also happens to be the lowest points options to book a flight from the US to Europe, at as low as 6k one way points. However, they do have higher fees than the traditional $5.60 of other airlines

Wrapping up... 

Will you be utilizing any of these transfer bonuses? I am using two! I'll create another post to share how.

Looking for more information on points/miles? You can find all of my points talk posts linked here

Curious what cards I (and/or my husband) have, and why? Read here!