December Credit Card and Loyalty Program Transfer Bonuses [Up to 70%!]

It’s a new month, and with a new month comes a new round of transfer bonuses to take advantage of.

Today, we’ll examine this month’s newest transfer bonuses for the top transferable rewards programs so you can get the most out of your hard-earned points and miles.

Here’s everything you need to know!

New Transfer Bonuses for December 2024

Amex Membership Rewards to JetBlue TrueBlue

Through December 31, 2024, you’ll receive a 25% bonus when transferring Amex Membership Rewards to JetBlue TrueBlue. The elevated transfer rate is 1:1.

Usually, you’ll receive somewhere around 1.3 cents to 1.5 cents per point in value on your JetBlue redemptions. So while this transfer bonus is certainly helpful for some travelers, it’s also not the most optimal way to redeem Amex points, which we value at 2.2 cents apiece.

Amex Membership Rewards to Marriott Bonvoy

Through December 31, 2024, you’ll receive a 35% bonus when transferring Amex Membership Rewards to Marriott Bonvoy. The elevated transfer rate is 1:1.35.

We value Amex Membership Rewards at 2.2 cents per point and Marriott Bonvoy points at 0.7 cents per point, so even with the 35% bonus, we do not recommend transferring your Amex points to Marriott. This should only be used if you need just a few points to top off your account for a valuable redemption.

Amex Membership Rewards to Virgin Atlantic

Through December 31, 2024, you’ll receive a 40% bonus when transferring Amex Membership Rewards to Virgin Atlantic. The elevated transfer rate is 1:1.4.

Perhaps the best use of Virgin Points is booking premium award flights with ANA. Virgin Atlantic and ANA already share an excellent award chart, but with the 40% bonus, you’re able to score extraordinary value!

Chase Ultimate Rewards to Air Canada Aeroplan

Through January 15, 2025, you’ll receive up to a 30% bonus when transferring Chase Ultimate Rewards to Aeroplan. The elevated transfer rate is 1:1.3.

Only cardholders of the Aeroplan^® Credit Card can receive a 30% bonus, while all others can receive a 20% bonus. With partners including SWISS, Turkish Airlines, United Airlines, and even Emirates, you can unlock some incredible travel with your Aeroplan points.

Chase Ultimate Rewards to Air France-KLM Flying Blue

Through January 15, 2025, you’ll receive a 20% bonus when transferring Chase Ultimate Rewards to Flying Blue. The elevated transfer rate is 1:1.2.

In our view, this is an excellent deal. The Flying Blue program often has pretty good award availability for business class flights between the U.S. and Europe for as low as 55,000 points each way, which will cost just 46,000 Chase points before the bonus.

Chase Ultimate Rewards to IHG One Rewards

Through January 15, 2025, you’ll receive a 70% bonus when transferring Chase Ultimate Rewards to IHG One Rewards. The elevated transfer rate is 1:1.7.

In general, this promotion is not worth it unless you have a specific redemption in mind or need more points to pay for a stay.

Final Thoughts

Earning transferable points is always a great idea since they’re so flexible when it comes time to book your trip. You can choose to book your hotel or flight through whichever program provides the best deal, transferring points once you’ve found something you like. Elevated transfer bonuses make transferable rewards even better because you’ll be able to use fewer points and get even more value out of your next award booking!

Remember that transfer bonuses are usually available just for a limited time, so if you’re interested in any of these offers, make sure you take advantage of them before the expiration date.