Credit card transfer bonuses (August): 70% to IHG, 50% to Qantas, 30% to British Airways and more

Transfer bonuses can offer lucrative opportunities to help you maximize your points and miles and work your way toward fantastic award redemptions. You can sometimes get significantly more value from your rewards by transferring them to an airline or hotel partner during one of these bonus periods.Remember, though, that these are limited-time offers: You’ll need to act fast if you find one that suits your travel plans.We’ve compiled transfer bonus updates for most major programs with transferable rewards to make tracking these offers easier. Just note that transfer bonuses are sometimes targeted, so some may not be available to you.Active credit card transfer bonusesWe’re currently seeing these transfer bonuses:Transfer fromTransfer toBonus details End dateTransfer ratioAmerican Express Membership RewardsBritish Airways Club, Iberia Club or Aer Lingus AerClub30%Sept. 271,000 points equals 1,300 AviosCapital One milesAvianca Lifemiles15%Aug. 311,000 miles equals 1,150 milesChase Ultimate RewardsIHG One Rewards70%Aug. 311,000 points equals 1,700 pointsCiti ThankYou RewardsAir France-KLM Flying Blue20%Aug. 221,000 points equals 1,200 miles if you have a Citi card that unlocks the full transfer ratio (1,000 points equals 840 miles with other cards)Citi ThankYou RewardsTurkish Miles&Smiles40%Aug. 311,000 points equals 1,400 miles if you have a Citi card that unlocks the full transfer ratio (1,000 points equals 980 miles with other cards)RoveQantas Frequent Flyer50%Aug. 141,000 miles equals 1,500 pointsAmerican Express Membership Rewards, Bilt, Capital One miles, Citi ThankYou Rewards, Marriott Bonvoy and Wells Fargo RewardsCathay Pacific’s Cathay loyalty program10%Aug. 28Varies depending on which points or miles you transferAmerican Express Membership Rewards transfer bonusesAmerican Express Membership Rewards is offering a 30% bonus to British Airways Club, Iberia Club and Aer Lingus AerClub through Sept. 27. All three of these programs use the same loyalty currency (Avios), and you can transfer Avios between the programs in any direction at a 1:1 rate at no cost.How to earn American Express Membership Rewards pointsIf you’re looking to earn more of these valuable points, the following American Express cards could prove useful additions to your wallet:American Express® Gold Card: Find out your offer and see if you are eligible for as high as 100,000 bonus points after spending $8,000 on purchases in the first six months of card membership. Welcome offers vary, and you may not be eligible for an offer.American Express Platinum Card®: Find out your offer and see if you are eligible for as high as 175,000 bonus points after spending $12,000 on purchases in the first six months of card membership. Welcome offers vary, and you may not be eligible for an offer.Related: How to redeem American Express Membership Rewards points for maximum valueCapital One transfer bonusesCapital One is currently offering a 15% transfer bonus to Avianca Lifemiles through Aug. 31.How to earn Capital One milesIf you’re looking to earn more transferable miles, the following Capital One cards are solid options to consider:Capital One Venture Business: Earn 100,000 bonus miles after spending $10,000 on purchases in the first three months from account opening.Capital One Venture Rewards Credit Card: Earn 75,000 bonus miles after spending $4,000 on purchases in the first three months from account opening.Capital One Venture X Rewards Credit Card: Earn 75,000 bonus miles after spending $4,000 on purchases in the first three months from account opening.According to TPG’s August 2026 valuations, Capital One miles are worth 1.85 cents each. Most transfers from Capital One will process instantly. For more details, read our guides to Capital One transfer partners and how to transfer Capital One miles.Related: Should you transfer Capital One miles to partners or redeem directly for travel?Chase Ultimate Rewards transfer bonusesYou can receive a 70% bonus by transferring your Chase Ultimate Rewards points to IHG One Rewards through Aug. 31.As always, it’s best to transfer points only when you’re ready to book an award since transfers are irreversible and award availability can change quickly.How to earn Chase Ultimate Rewards pointsIf you want to earn more Chase Ultimate Rewards points, the following Chase cards could make good additions to your wallet:Chase Sapphire Preferred® Card (see rates and fees): Earn 75,000 bonus points after spending $5,000 on purchases in the first three months from account opening.Chase Sapphire Reserve® (see rates and fees): Earn 100,000 bonus points after spending $6,000 on purchases in the first three months from account opening.Ink Business Preferred® Credit Card (see rates and fees): Earn 100,000 bonus points after spending $8,000 on purchases in the first three months from account opening.Related: Chase Ultimate Rewards points: How to redeem for maximum valueCiti ThankYou Rewards transfer bonusesCiti ThankYou Rewards is offering a 20% transfer bonus to Air France-KLM Flying Blue through Aug. 22 and a 40% bonus to Turkish Miles&Smiles until Aug. 31.You’ll only unlock the bonus in its entirety if you hold the Citi Strata Elite℠ Card (see rates and fees), the Citi Strata Premier® Card (see rates and fees) or the Citi Prestige® Card (no longer available to new applicants). Other Citi cards do not unlock the full 1:1 transfer ratio, so the transfers aren’t as valuable.The information for the Citi Prestige has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.How to earn Citi ThankYou Rewards pointsTo earn more Citi ThankYou Rewards points, consider these Citi credit cards:Citi Strata Elite Card: Earn 75,000 bonus points after spending $6,000 on purchases in the first three months from account opening.Citi Strata Premier Card: Earn 60,000 bonus points after spending $4,000 on purchases in the first three months from account opening.TPG values Citi ThankYou Rewards points at 1.9 cents each, per our August 2026 valuations, and most transfers happen instantly.Related: Citi ThankYou Rewards transfer partners: Redeem your points with airlines and hotelsMarriott Bonvoy transfer bonusesMarriott Bonvoy is offering a transfer bonus to Cathay Pacific’s Cathay program. Normally, you’ll get 1,000 Asia Miles in the Cathay program for every 3,000 Bonvoy points you transfer; however, with the bonus, you’ll get 1,100 Asia Miles for every 3,000 Bonvoy points transferred.While you can transfer Marriott Bonvoy points to various airlines, it’s generally not recommended because you’ll receive a 3:1 transfer ratio.How to earn Marriott Bonvoy pointsIf you’re looking to earn Marriott Bonvoy points, the following Marriott cards may be of interest:Marriott Bonvoy Bold® Credit Card (see rates and fees): Earn 60,000 bonus points after spending $1,000 on purchases in the first three months from account opening.Marriott Bonvoy Boundless® Credit Card (see rates and fees): Earn 125,000 bonus points and a free night award (valued at up to 50,000 points) after spending $3,000 on purchases in the first three months from account opening. Additionally, earn up to $100 in statement credits (up to $50 biannually) after spending $500 on eligible airline purchases. Certain hotels have resort fees.Marriott Bonvoy Brilliant® American Express® Card: Earn up to 150,000 bonus points: 100,000 bonus points after spending $6,000 on purchases in the first six months of card membership, plus an additional 50,000 bonus points after spending $2,000 on purchases (for a total of $8,000) in the first six months of card membership.Marriott Bonvoy Business® American Express® Card: Earn up to 125,000 bonus points: 75,000 bonus points after spending $6,000 on purchases in the first six months of card membership, plus an additional 50,000 bonus points after spending $3,000 on purchases (for a total of $9,000) in the first six months of card membership.According to TPG’s August 2026 valuations, Marriott Bonvoy points are worth 0.75 cents each. Some airlines take a few days (or even weeks) to receive the points.Related: How to redeem Marriott Bonvoy points for maximum valueRove transfer bonusesTo celebrate one of its newest transfer partners, Rove is currently offering a 50% transfer bonus to Qantas Frequent Flyer until Aug. 14.How to earn Rove milesWe’re excited about the new “no credit card required” rewards program, Rove. You can book hotels and flights and shop online through the Rove portal; it lets you earn incredible amounts of transferable miles, including up to 54 miles per dollar spent on select hotels.Rove is rapidly adding transfer partners, including Lufthansa Miles & More, a program that has traditionally been difficult to earn miles in. This enables you to book Lufthansa’s incredible first-class product in advance with miles.If you don’t have any Rove miles, you can earn 1,000 miles at no cost right now just by signing up through TPG’s offer.A special transfer bonus to CathayWhile transfer bonuses are usually offered by one transferable currency at a time, until Aug. 28, you can receive a 10% bonus when you transfer any transferable currency that partners with Cathay Pacific’s Cathay loyalty program. Here are the eligible programs and transfer rates with the bonus:American Express Membership Rewards: 1,000 points equals 880 milesBilt, Capital One miles and Wells Fargo Rewards: 1,000 points or miles equals 1,100 milesCiti ThankYou Rewards: 1,000 points equals 1,100 miles if you have a Citi card that unlocks the full transfer ratio (1,000 points equals 770 miles with other cards)Should you transfer points and miles?We only recommend transferring points or miles if you have a short-term plan to use them. Transfers are irreversible, and you don’t want to be stuck with thousands of points or miles in a program you have little use for.If you don’t have a specific redemption in mind but still want to earn points or miles, you’re likely better off earning rewards through card welcome bonuses and everyday spending.We always recommend verifying award availability before transferring your rewards.Bottom lineWhen a program with a transferable currency offers a transfer bonus, it’s important to run the numbers to determine whether it is worthwhile.Generally, you won’t want to transfer your points or miles unless you have a specific redemption in mind. After all, a large part of the value of transferable points and miles comes from their flexibility, which you’ll give up when you convert them to a partner’s currency. However, a transfer bonus can help you get more value from your points and miles if you frequently use a partner program or plan to redeem them soon.Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.