Amex Is Offering A 25% Transfer Bonus To Air France KLM Flying Blue

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Through June 15, 2018, the US American Express Membership Rewards program is offering a 25% bonus when you convert points into Air France KLM Flying Blue miles. Points ordinarily convert at a 1:1 ratio, though during this promotion you can convert 1,000 Amex points into 1,250 FlyingBlue miles.

There’s no limit to how often you can take advantage of this promotion, and the bonus is hard coded into the transfer ratio, meaning that you can earn the bonus on multiple transactions.

This type of transfer bonus is actually quite rare. With some frequency we see Amex transfer bonuses to British Airways Executive Club and Virgin Atlantic Flying Club, though it has been a while since we’ve seen a transfer bonus to Air France KLM Flying Blue.

There are so many great cards that accrue Membership Rewards points, and when you consider that some cards earn up to 2x points per dollar spent, you’re looking at quite a good return when you stack with a transfer bonus.

Transfer points to Flying Blue from:

This promotion comes at an interesting time, as Flying Blue will have new award pricing as of June 1, 2018. They’re switching to a dynamic pricing model, though fortunately they’ll continue to have “saver” level award space, with reasonable business class pricing.

The great thing about Flying Blue is that it gives you access to more award availability on Air France and KLM than if you’re booking through a partner program. For example, a business class ticket from the US to Europe presently costs 62,500 Flying Blue miles, so you could transfer over just 50,000 Amex points and have enough miles for a one-way ticket. That’s a great deal, even with their (fairly mild) carrier imposed surcharges.


Air France’s 777 business class

You could also leverage this bonus to score a deal on a Delta ticket. For example, a Delta ticket from the US to Europe costs 62,500 Flying Blue miles without any carrier imposed surcharges (though there are surcharges if originating in Europe), so you could redeem just 50,000 Amex points for that. As a point of comparison, SkyMiles directly would charge 70,000 miles for the same ticket.

Bottom line

There’s potentially a ton of value to be had from this promotion. That’s true regardless of whether you’re trying to redeem directly on Air France or KLM, or whether you’re trying to redeem on a SkyTeam partner, where a 25% bonus could represent an excellent value.

That being said, personally I wouldn’t speculatively transfer points to take advantage of this. The promotion is around for over six weeks, and I’d only transfer points with a short term use in mind. Typically points transfers from Amex to Flying Blue should be instant.

Do you plan on transferring Amex points to Flying Blue with a 25% bonus?

(Tip of the hat to @IadisGr8)

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Comments

  1. I was planning on using Flying Blue in 2019 for Delta US to Paris – are you saying not to transfer speculatively because it may not be a good deal in the future? I would hate to miss the bonus and just use more MR next year than I need to. I guess it’s flexibility vs. a possible discount…

  2. Don’t do it !!!
    Take my advice
    Email me at micedp at yahoo.com
    If you have any questions
    I wouldn’t want anyone to get stuck sitting in flying blue miles. They are only good 20 months. Only way to reset is to fly on them or a partner
    I transferred over 90,000 and I’m basically stuck
    I wanted to FLy to Hawaii
    That 15,000 mike one way is non existent. Not one day of the year
    So then I thought well maybe PVR. Puerto Vayarta Not!!!!
    It shows availability but when you go to buy the ticket shows up as an error !! Call the number and they can’t do a thing
    So many glitches in their system !
    It does let you fly to and from Europe without glitches but the taxes of $169 is more than what it would cost me to fly one way on Norwegian
    I bought a one way night time red eye flight to Barcelona on Norwegian and it cost me $160
    I wanted to book the return with Flying blue miles so I could check my rollerboard full of liquids. The raves are more than a return on Norwegian
    American charges the same mileage plus $40 in taxes. Not 150-250
    This program is worthless. I will have to take a delta flight and credit to flying blue to extend miles. I am hoping when it goes revenue based the glitches will be fixed
    If not we’ll I’ll have to book way in advance from FLL to nyc for 25k round trip on delta. Not a good use of miles but I want to use them
    BUYER BEWARE!!!!
    I don’t know why these blogs promote flying blue so much

  3. This is awesome! I’ve been waiting for this — the last time they had a transfer bonus was 2013 I think.

  4. FYI I transferred from Amex to FB a few weeks ago, and it took several hours to show up.

  5. I had read that when you transfer from amx to blue some have been shut down by blue after the transfer and it took months to sort out

  6. Between account shut downs for no apparent reason and Mikes comments I’m going to pass thank you !
    Horrible customer service is the number 1 reason I’ve heard over and over again
    Cheers

  7. I bought 2 tickets to Hawaii from PDX to HNL via SEA for 25.000 flying blue miles and thought it was a great deal to burn point…. we indeed got error while booking like Mike said, called their service desk and tickets were booked without any problems…

  8. I recently did a transfer with the 25% bonus but a few days later, the ratio went back to 1000:1000 when I wanted to do another transfer. Has anybody else experienced this?

  9. What Mike said is terrible. Lucky, is it true they expire so quickly? If so, it’s pretty bad for you not to have mentioned it. Guess I’ll go look it up on another blogger’s site.

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