Current and Historical Transfer Bonuses Plus Transfer Bonus Alerts

Get 25% bonus Southwest Rapid Rewards points when you transfer Ultimate Rewards points between 12:00 AM ET on October 23, 2025 and 11:59 PM ET on November 6, 2025. Bonus points will be awarded by Southwest in your Rapid Rewards account after your transfer is complete.

This is notable, but only because I am quite sure this is the first ever transfer bonus from Chase to Southwest. It’s also interesting that the bonus will be awarded on the Southwest side, so clearly Southwest is trying to drum up some incremental revenue in the wake of all the changes there recently which have changed the value proposition for Southwest rather significantly.

As to “should you transfer?” the answer is “unlikely.” If you need to top off your Rapid Rewards balance then, with Chase and Bilt as the only transfer partner, it could make sense in small amounts.

Otherwise keep in mind that Rapid Rewards prices dynamically and without a very strong redemption rate per point (the low 1 cents) so you won’t want to exchange Ultimate Rewards for Rapid Rewards unless you have done the math and see an outsized redemption vs. buying via Chase Travel or even cash.

Get 30% Bonus Avios when you transfer points between 12:00 AM ET on October 1, 2025 and 11:59 PM ET on October 31, 2025

Aer Lingus has some sweet spots as well, like the US to Ireland for 13,000 – 16,250 Avios with no surcharges or 50,000 Avios – 62,500 Avios each way in Business Class. This would be if you find space on Aer Lingus metal. The lower pricing is from the East Coast, the higher is West Coast.

Combinable with other Avios programs like BA on the avios.com website.

That said, generally you want to move your points to British Airways first for the most flexibility – since you can move from there to Finnair, which has some great redemptions, or Qatar (or Iberia).

See this post on the transfer bonus to British Airways Avios for more on the Finnair program.

Get 30% Bonus Avios when you transfer points between 12:00 AM ET on October 1, 2025 and 11:59 PM ET on October 31, 2025

There are identical transfer bonuses on now to both British Airways and Aer Lingus Avios and British Airways are the most common / easy to use and link directly with Qatar so there are few people that would want to transfer to Iberia directly.

They ripped out their award charts in May 2025 and replaced them with new higher ones and the biggest Iberia Sweet Spot of US East Coast to Madrid in business class off peak for 34,000 Avios is now 40,500 Avios and at peak times it’s now 50,000 to 59,000 Avios.  This is the 3,001–4,000 mileage band.

This still remains about the only award you would book with Iberia (you may find other instances where Iberia remains cheaper on its own metal) but keep in mind the biggest flaw of the Iberia program:

Award travel on partner airlines booked with Iberia Avios is non-refundable!!

That said, generally you want to move your points to British Airways first for the most flexibility – since you can move from there to Finnair, which has some great redemptions, or Qatar.

See this post on the transfer bonus to British Airways Avios for more on the Finnair program.

Get 30% Bonus Avios when you transfer points between 12:00 AM ET on October 1, 2025 and 11:59 PM ET on October 31, 2025

Personally, I value a Chase point at well more than even 1.3 British Airways Avios, but if you have plenty of Chase points and a planned redemption it’s something to consider. Also consider, however, that Chase tends to offer these transfer bonuses 1-2X a year. See historical transfer bonuses to British Airways Avios.

Get 80% Bonus IHG One Rewards points when you transfer Ultimate Rewards points between 12:00 AM ET on October 1, 2025 and 11:59 PM ET on October 22, 2025.

We value IHG Rewards points at 0.4 cents and Chase Ultimate Rewards at 1.75 cents, so this is far from a slam dunk and we’d advise to only transfer if you’ve already found a great redemption.

And that does happen! When researching IHG Rewards during elevated offers on the two co-branded IHG credit cards that offer 4th night free, we have occasionally found points to be worth just over a cent each meaning you could get around 2 cents in value from this transfer bonus. Still, you have to hunt for the outsized redemptions, so caution is advised

You also may be looking to “top up” an existing IHG Rewards balance for a reward stay and this would be an opportune time.

But as a general rule, we find that one Chase Ultimate Rewards point is at least 4 times more valuable than  IHG Rewards points, so, again, do your homework before transferring and make sure you have a deal lined up – ideally using the 4th night free benefit from a co-branded credit card.

Also see past transfer bonuses from Chase Ultimate Rewards to IHG One Rewards.

Get 20% bonus Flying Blue miles when you transfer from Chase Ultimate Rewards by September 30, 2025 at 11:59pm ET.

We see frequent transfer bonuses to Flying Blue, a frequent flyer program that partners with nearly everyone.

We count 10 transfer bonuses to Flying Blue from Chase, Citi, American Express, and Capital One since mid-2023. They have ranged from 10%-25% so this is near the top end of the range, though personally I feel like it’s best to save Chase Ultimate Rewards points for Hyatt redemptions and transfer other issuer’s points to Flying Blue – if you have multiple transferable point banks.

Flying Blue rates are variable, so run a search before transferring. When you get lucky, business class from the US to Europe can run as low as 60,000 Flying Blue miles (up from 50,000 previously). But that would be just 48,000 credit card points during this promotion!

Flying Blue is often the best way to book Virgin Atlantic Upper Class from the US to Europe and beyond, due to the lowest taxes of any way to book Virgin Atlantic, however with Virgin’s new dynamic pricing you really have to compare the pricing on both programs as it can now be cheaper with Virgin in some cases. Flying Blue can also book Delta, KLM, and other SkyTeam members when Saver award space is available.

If you have lots of points across programs, no need to speculatively transfer due to the number of overall transfer bonuses each year.

Get 100% Bonus IHG One Rewards points when you transfer Ultimate Rewards points between 12:00 AM ET on August 16, 2025 and 11:59 PM ET on September 4, 2025.

Past transfer bonuses from Chase Ultimate Rewards to IHG Rewards have ranged from 60% to 80%, so you might be tempted to think this is an amazing deal. Yet we value IHG Rewards points at 0.4 cents and Chase Ultimate Rewards at 1.75 cents, so this is far from a slam dunk and we’d advise to only transfer if you’ve already found a great redemption.

And that does happen! When researching IHG Rewards during elevated offers on the two co-branded IHG credit cards that offer 4th night free, we have occasionally found points to be worth just over a cent each meaning you could get 2 cents+ in value from this transfer bonus.

You also may be looking to “top up” an existing IHG Rewards balance for a reward stay and this would be an opportune time.

But as a general rule, we find that one Chase Ultimate Rewards point is more valuable than two IHG Rewards points, so, again, do your homework before transferring and make sure you have a deal lined up – ideally using the 4th night free benefit from a co-branded credit card.

The elevated 65% bonus has ended – it’s now 50% until August 15th.

Get 65% bonus Marriott Bonvoy points when you transfer Ultimate Rewards points between 12:00 AM ET on June 15, 2025 and 11:59 PM ET on June 30, 2025. When the early bird offer ends, get 50% bonus Marriott Bonvoy points when you transfer Ultimate Rewards points between 12:00 AM ET on July 1, 2025 and 11:59 PM ET on August 15, 2025. Bonus points will be awarded by Marriott Bonvoy in your Marriott Bonvoy account up to 7 days after your transfer is complete.

Get 20% Bonus Aeroplan^® points when you transfer Chase Ultimate Rewards^®points between 12:00 AM ET on June 5, 2025 and 11:59 PM ET on July 17, 2025. Bonus points will be awarded by Aeroplan in your Aeroplan account after your transfer is complete. Promotional offer terms and conditions apply.

Note that if you have the Aeroplan® Credit Card you can get up to 30% bonus Aeroplan points (20% from the limited time offer and an extra 10% for being a Cardmember). To get the additional 10% bonus, Chase Aeroplan Cardmembers need to transfer a minimum of 50,000 points or more from Chase Ultimate Rewards® to Aeroplan, up to a maximum of 25,000 bonus Aeroplan points per calendar year. Bonus points will be awarded by Aeroplan in your Aeroplan account after your transfer is complete.

Get 25% bonus Virgin Points when you transfer Ultimate Rewards points between 12:00 AM ET on May 1, 2025 and 11:59 PM ET on June 15, 2025. Bonus points will be awarded by Virgin Atlantic Flying Club in your Flying Club account after your transfer is complete.

The first thing I’ll note is that there is currently a 30% transfer bonus from Citi ThankYou to Virgin Flying Club that ends May 17th.

Chase also had a limited two week only 30% transfer bonus to Virgin the first half of February.

Across all programs, there were 9 transfer bonuses to Virgin Atlantic’s Flying Club in 2024.

Bonuses are often 30% or even 40%, so I would not jump on a 25% bonus unless you are both flush with Ultimate Rewards and have a flight ready to book.

Keep in mind there are now massive surcharges on international Delta flights booked via Virgin to/from the US, killing off one of Virgin’s very best sweet spots (50k to/from Europe). So really, run a search before you transfer!

Best Uses of Virgin Flying Club points: