Chase Ultimate Rewards has just launched its latest transfer bonus. Actually, it’s a trio of transfer bonuses, and I think some members will find this to be worthwhile…
In this post:
Chase offering 30% bonus on Avios transfers
Between October 1 and October 31, 2024, Chase Ultimate Rewards is offering a 30% bonus when you transfer points to British Airways Executive Club.
This is the fifth time we’ve seen such a bonus, as it seems to be offered once per year — we also saw this in 2023, 2022, 2021, and 2020.
Not only is there a 30% transfer bonus to British Airways Executive Club, but the same bonus is available to Aer Lingus AerClub and Iberia Plus. That’s nice, though keep in mind that you can freely transfer Avios between the various “flavors.”
When you go to make a transfer, you should immediately see the 30% bonus reflected. Transfers from Ultimate Rewards to these partners are typically instant.
British Airways Executive Club is also transfer partners with Amex Membership Rewards and Capital One. We do sometimes see transfer bonuses from those currencies to British Airways Executive Club as well.
Is acquiring Avios with a 30% bonus worth it?
I think there’s huge value to be had in taking advantage of a 30% bonus on points transfers from Ultimate Rewards to Avios. That’s not because of any one particular redemption opportunity, but rather because of the collective value of the Avios ecosystem.
Back in the day, the best uses of British Airways Avios were for short haul travel on partner airlines, including on Alaska and American. Unfortunately those redemption opportunities have been devalued horribly.
However, lots of great new options using Avios have emerged. For example, I love how Qatar Airways Privilege Club is now an Avios airline, as this opens up some great opportunities:
- Qatar Airways has one of the world’s best business class products, and the airline makes a vast majority of business class award space available only to those redeeming Avios
- Qatar Airways Privilege Club has some unique partner redemption opportunities, like being able to fly JetBlue Mint across the Atlantic for 78,000 Avios (so with a 30% bonus, that would be just 60,000 Amex points)
Anyway, there’s a ton of potential value here, so see my guides to maximizing Avios with British Airways Executive Club, Iberia Plus, Aer Lingus Aer Club, Qatar Airways Privilege Club, and Finnair Plus.
Bottom line
For the next several weeks, you can get a 30% bonus when you convert your Chase Ultimate Rewards points into British Airways Executive Club Avios. The same bonus is also available to Aer Lingus AerClub and Iberia Plus.
Avios is one of the most useful points currencies out there, especially given across how many airlines you can redeem these rewards. I think for many people, this could be worth a speculative transfer.
Do you plan on taking advantage of this transfer bonus from Chase Ultimate Rewards to British Airways Avios?
Honestly, with how points are being devalued and programs making it harder and harder to get good awards relying on transfer bonuses will become even more important.
I was able to book ATL-LHR-EDI for 23k (+leftover Avios) and $94.40 which is pretty good in my book. Just hate that BA charges cash for selecting a seat...
what cabin and airline?