There’s a great new transfer bonus for those with Amex Membership Rewards points.
Amex offering 25% Flying Blue transfer bonus
Through Wednesday, June 15, 2022, you can receive a 25% bonus when you transfer Amex Membership Rewards points to Air France-KLM Flying Blue.
This promotion is being offered on Amex’s end (in the United States), and is hard coded into the transfer ratio, meaning you should see the bonus at the time that you make the transfer. You can take advantage of this offer an unlimited number of times, though you’re limited to transferring 999,999 points per transaction (not that this is a limit that will impact many people).
There are lots of fantastic cards for earning Amex Membership Rewards points, so this is an awesome opportunity. Transfers from Amex to Flying Blue are generally instant.
Should you transfer Amex points to Flying Blue?
Flying Blue nowadays has dynamic and roughly distance based award pricing. I get quite a bit of value through the program, thanks to the reasonable award pricing for travel on Air France and KLM.
On top of that, Air France and KLM make more award seats available to members of the Flying Blue program, than to members of partner programs. So even when Flying Blue’s pricing isn’t the best, there are situations where it could make sense to book through Flying Blue (though with all of the Delta SkyMiles devaluations we’ve seen, typically you will find the best pricing through Flying Blue).
There’s always value in having a stash of Flying Blue miles if you think you’ll be traveling transatlantic in the coming months. I redeem through Flying Blue every year (usually multiple times per year), and consistently get value.
Through June 15, 2022, you can receive a 25% bonus when you transfer Amex Membership Rewards points to Air France-KLM Flying Blue.
I’m always conflicted when it comes to transferring points during transfer bonuses. On one hand, a lot of the value from transferrable points comes from the flexibility you have of being able to transfer them to any program once you actually have a specific redemption in mind. That’s the best way to protect yourself from devaluations.
At the same time, you’re going to get the most value if you can transfer points while there’s also a bonus, since your points can be stretched a lot further.
Lastly, do consider that Amex isn’t the only program offering a Flying Blue transfer bonus at the moment — through May 20, 2022, Citi ThankYou is also offering a 25% bonus on Flying Blue transfers.
Do you plan on transferring Amex points to Flying Blue with a 25% bonus?