Best Flexible/Transferable Reward Cards

In the interest of full disclosure, One Mile at a Time earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers that we have found for each card. Please check out our advertiser policy for further details about the partners we work with. We choose our OMAAT Picks based on the combination of benefits the card provides, and the ability to earn outsized rewards. Thanks for your support!

Updated: 7 days ago

There are three main types of points you can earn with travel rewards credit cards. Program-specific points are linked to a particular airline or hotel brand — these can give you great perks when you’re flying that airline or staying at that hotel, but don’t always earn the most rewards otherwise. Fixed-value points are awesome if you have limited flexibility — these are worth a set amount (often ~1¢ per point), so can usually be used to pay for nearly any travel expense, so you can get any seat on any flight, a room at a boutique hotel, or even use them towards trains and cruises.

Our absolute favorite kind of points however, are earned with the super-flexible transferable rewards credit cards. These really offer the best of both worlds, allowing you to decide when you’re ready to redeem your points whether you want to use them at a fixed-value rate, or transfer them to a loyalty program.

Any kind of travel card is going to be helpful when it comes time to plan your next trip, no matter whether you’re planning a dream vacation or a family trip, but if you have the option we definitely recommend picking a flexible points rewards cards:

Best Flexible Rewards Credit Card Offers (April 2020)

When we talk about flexible rewards cards, there are five major “currencies” to consider, each of which can be useful in their own way:

  • Chase Ultimate Rewards are the easiest to earn, given the great portfolio of Chase credit cards and their generous earnings rates
  • American Express Membership Rewards is the original transferable points program offered by certain American Express credit cards, and has unique transfer partners
  • Capital One introduced a mileage transfer option recently for key Capital One credit cards, so you can earn up to 1.5 airline miles for every dollar you spend on both their personal and business miles cards
  • Citi ThankYou lets you pool points between both your cards, and those of others earning ThankYou points on Citi credit cards, though they don’t have many cards to choose from
  • Marriott Bonvoy points can be transferred to over 30 airlines, which is a pathway to get points in more obscure airline programs when needed, and can be earned with a variety of Marriott credit cards
  • Brex rewards allow startups (especially tech companies) to earn rewards on a corporate card and then transfer those points to airlines

With all those options it can certainly get overwhelming. Be sure to check out the list of transfer partners for each flexible points program, then think about which credit cards will earn the most points for the purchases you normally make. We’d also recommend focusing on one currency to start with, so that you can learn how to maximize the program, and don’t find yourself with your points too spread out when it’s time to redeem your miles. Here are the best flexible rewards credit card offers available today:

Earn 30,000 Bonus Points

Marriott Bonvoy Bold™ Credit Card

Foreign Transaction Fee: $0
Annual Fee: $0
on Chase's secure site
Why we like this card

As no-fee Marriott co-brand card, with no foreign transactions, this card is a nice alternative if you want to keep your Marriott points alive without having to worry about annual fees. The 15 Elite Night Credits each calendar year qualifies you for Silver Elite status, and helps you achieve a higher level of status with Marriott.

Read our Review

Current Offer
Earn 30,000 Bonus Points after you spend $1,000 on purchases in the first 3 months from account opening.

Card Details
Earn 3X Bonvoy points per $1 spent at over 7,000 hotels participating in Marriott Bonvoy™. 2X Bonvoy points for every $1 spent on other travel purchases (from airfare to taxis and trains). 1X point for every $1 spent on all other purchases.

on Chase's secure site
Earn 75,000 bonus points

Marriott Bonvoy Brilliant™ American Express® Card

Foreign Transaction Fee: $0
Annual Fee: $450
The card details for the Marriott Bonvoy Brilliant card have been collected independently by OMAAT and have not been reviewed or provided by the card issuer.
on American Express' secure site
Why we like this card

Current Offer
Earn 75,000 bonus Marriott Bonvoy points after you use your new Card to make $3,000 in purchases within the first 3 months.

Card Details
• Earn 6x points on eligible purchases at participating Marriott hotels
• Earn 3x points at U.S. restaurants and on flights booked directly with airlines.
• Earn 2x points on all other eligible purchases
• Enjoy up to $300 in statement credits each year of Card Membership for eligible purchases at participating Marriott hotels
• Receive 1 Free Night Award every year after your Card account anniversary valid for redemption for a single night up to 50,000 points.
• Complimentary Gold Elite Status

on American Express' secure site
Earn 15,000 Bonus Points

Citi Rewards+℠ Card

Foreign Transaction Fee: 3%
Annual Fee: $0
on Citi's secure site
Why we like this card

Arguably the coolest feature of this new card is Citi will round up your purchase to the nearest 10 ThankYou points. Make a $1 purchase? You’ll earn 10 ThankYou points. Make an $11 purchase? You’ll earn 20 ThankYou points. This is a very interesting rewards structure that makes this card perfect for everyday purchases.

Read our Review

Current Offer
• The Citi Rewards+℠ Card - the only credit card that automatically rounds up to the nearest 10 points on every purchase - with no cap.
• Earn 15,000 bonus points after you spend $1,000 in purchases with your card within 3 months of account opening; redeemable for $150 in gift cards at thankyou.com
• 0% Intro APR on balance transfers and purchases for 15 months. After that, the variable APR will be 13.49% - 23.49%, based on your creditworthiness. Balance transfer fee — either $5 or 3% of the amount of each transfer, whichever is greater.
• Earn 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter. Plus, earn 1X Points on All Other Purchases.
• The standard variable APR for Citi Flex Plan is 13.49% - 23.49%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.

on Citi's secure site
Earn 75,000 Bonus Points

Marriott Bonvoy Boundless™ Credit Card

Foreign Transaction Fee: $0
Annual Fee: $95
on Chase's secure site
Why we like this card

The way I view it, this is a card that’s worth holding onto for the anniversary free night certificate, valid at a hotel that retails for up to 35,000 Marriott points per night. That benefit alone should more than justify the annual fee.

Read our Review

Current Offer
Earn 75,000 Bonus Points after you spend $3,000 on purchases in the first 3 months from account opening.

Card Details
Earn 6X Bonvoy points per $1 spent at over 7,000 hotels participating in Marriott Bonvoy™. 2X Bonvoy points for every $1 spent on all other purchases.

on Chase's secure site
Earn 20,000 Membership Rewards® points

Amex EveryDay® Preferred Credit Card

Foreign Transaction Fee: 2.7%
Annual Fee: $95
The card details for the Amex EveryDay Preferred have been collected independently by OMAAT and have not been reviewed or provided by the card issuer.
on American Express' secure site
Why we like this card

If you make frequent transactions in a month the Amex EveryDay cards are a great option. In addition to accruing points in bonus categories, these cards offer an additional incentive based on how many times the card is used in a month. This can be quite lucrative, especially as these cards accrue Membership Rewards points. Membership Rewards points can be transferred to airline partners for the best value, or used to pay for all or part of your flight, prepaid hotel, vacation or cruise through amextravel.com.

Current Offer
Earn 20,000 Membership Rewards® points after you use your new Card to make $1,000 in purchases in your first 3 months.

Card Details
3x points at US Supermarkets on up to $6,000 per year in purchases; 2x points at US gas stations; 1x points on other purchases. Use your Card 30 or more times on purchases in a billing period and earn 50% more points on those purchases less returns and credits.

on American Express' secure site
Earn 15,000 Membership Rewards® points

Amex EveryDay® Credit Card

Foreign Transaction Fee: 2.7%
Annual Fee: $0
The card details for the Amex EveryDay have been collected independently by OMAAT and have not been reviewed or provided by the card issuer.
on American Express' secure site
Why we like this card

If you make frequent transactions in a month the Amex EveryDay cards are a great option. In addition to accruing points in bonus categories, these cards offer an additional incentive based on how many times the card is used in a month. This can be quite lucrative, especially as these cards accrue Membership Rewards points. Membership Rewards points can be transferred to airline partners for the best value, or used to pay for all or part of your flight, prepaid hotel, vacation or cruise through amextravel.com.

Current Offer
Earn 15,000 Membership Rewards® points after you use your new Card to make $1,000 in purchases in your first 3 months.

Card Details
2x points at US supermarkets, on up to $6,000 per year in purchases (then 1x); 1x points on other purchases. Use your Card 20 or more times on purchases in a billing period and earn 20% more points on those purchases less returns and credits.

on American Express' secure site
30,000 in Brex Rewards points

Brex for Remote Teams

Limited Time Offer Ends March 31, 2020
Foreign Transaction Fee: N/A
Annual Fee: No Fees for Life*
on Brex's secure site
Why we like this card

Learn more about the Remote Teams earning structure

Current Offer

  • 30,000 in Brex Rewards points upon signup and waived card fees for life (equal to $300+ value)*
  • No personal guarantee needed - we do not ask for a personal credit check or security deposit during the application.
  • Credit limits 10-20x higher than traditional small business corporate cards.
on Brex's secure site
30,000 in Brex Rewards points

Brex for Startups

Limited Time Offer Ends March 31, 2020
Foreign Transaction Fee: N/A
Annual Fee: No Fees for Life*
on Brex's secure site
Why we like this card

Read our Review

Current Offer

  • 30,000 in Brex Rewards points upon signup and waived card fees for life (equal to $300+ value)*
  • No personal guarantee needed - we do not ask for a personal credit check or security deposit during the application.
  • Credit limits 10-20x higher than traditional small business corporate cards.
on Brex's secure site

The Benefits of Credit Cards with Transferable Points

Fundamentally, the biggest benefit of having transferable or flexible points is that you don’t have to decide right away how (or where) you’re going to use the points you earn. There are some awesome perks to transferable points that you won’t want to miss out on:

  1. Pay for nearly any travel expense – Having a flexible points card means you don’t have to decide in advance how you’re going to use your points. If you see a great deal on paid airfare or a bargain on a cruise, you can use your points towards those purchases! Depending on the bank you can use your points through their portal, over the phone, or directly with all kinds of travel providers.
  2. Transfer points to a loyalty partner – Rather than accumulating all your points with a single airline (which could change their program or devalue their awards before you have a chance to use your miles), a flexible rewards program allows you to move points to travel partners when you’re ready to book your trip. Transfer times are usually very quick
  3. Minimize risk – Think of earning transferable points like investing in a broad-market mutual fund versus picking single stocks. With flexible points you have the option to move points to a variety of hotels and airlines, so if one doesn’t have award availability, or makes negative changes to their program, you can transfer your points to another one, rather than getting stuck with points you can’t use.
  4. Combine your points — All the major flexible points programs allow you to pool points across multiple cards. Some even let you combine your points with someone else! So regardless of whether you earn points with a personal or business credit card, you can pool them together prior to making any redemptions.

We always encourage OMAAT readers to earn points with a flexible points program whenever possible. Yes, there are tons of great niche cards that grant you airport lounge access, or earn a big welcome bonus, and those should absolutely have a place in your wallet. But the majority of your long-term spend should be directed towards cards that allow you to choose how you want to use your miles when the time is right.

Regarding Comments: The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.
Leave a Reply

Your email address will not be published. Required fields are marked *