March Credit Card and Loyalty Program Transfer Bonuses [Up to 50%!]

It’s a new month, which means a fresh set 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 March 2025

Accor Live Limitless to Japan Airlines Mileage Bank

From March 1 to March 31, 2025, you can get a 20% transfer bonus in either direction between these programs. It’s rare that we find out about transfer bonuses so far in advance, so the planning aspect is nice, but the value isn’t great.

Typically, 4,000 Accor Live Limitless (ALL) points convert to 2,000 JAL Mileage Bank miles, but that becomes 2,400 miles during this bonus. In the other direction, you’ll typically turn 5,000 JAL miles into 1,000 ALL points or 10,000 JAL miles into 4,000 ALL points. During the transfer bonus, you’ll get 1,200 or 4,800 ALL points, respectively.

Given the uses of these programs and the values of their rewards, transfers from Accor to JAL may make sense but not the other way around.

Amex Membership Rewards to Marriott Bonvoy

From now through March 21, 2025, there’s a 25% transfer bonus from Amex Membership Rewards to Marriott Bonvoy. The elevated transfer ratio is 1:1.25.

While any opportunity to get a transfer bonus might feel like good value, this isn’t always the case. We value Amex Membership Rewards points at 2.2 cents per point, and Marriott points at just 0.7 cents per point.

This means if you were to transfer 1,000 Amex points (worth $22 based on our valuation), you would end up with 1,250 Marriott points (worth $8.75 based on our valuation), which is a net loss of 60% on the original value of the Amex points — not a great deal.

Amex Membership Rewards to Qatar Airways Privilege Club

From now through March 31, 2025, there’s a 20% transfer bonus from Amex Membership Rewards to Qatar Airways Privilege Club. The elevated transfer ratio is 1:1.2.

Transferring Amex points to Qatar Airways can unlock some great uses of Avios. It also provides a transfer bonus to other Avios programs since you can move your rewards freely among them — effectively giving you a 20% transfer bonus to British Airways, Finnair, Aer Lingus, and Iberia as well.

Capital One Miles to Etihad Guest

From now through March 31, 2025, there’s an up to 40% transfer bonus from Capital One Miles to Etihad Guest. The elevated transfer ratio is 1:1.4.

Etihad offers a distance-based award chart, and there are some opportunities to get good value. For example, a one-way Etihad business class flight from Chicago (ORD) to Abu Dhabi (AUH) covers 7,276 miles and costs 120,000 miles. By using the current transfer bonus, it would be possible to book this award for only 86,000 Etihad Guest miles with the 40% transfer bonus.

Chase Ultimate Rewards to Aer Lingus, British Airways, and Iberia Avios

From now through March 31, 2025, there’s a 20% transfer bonus from Chase Ultimate Rewards to 3 of the Avios currency airlines, including Aer Lingus, British Airways, and Iberia. The elevated transfer ratio is 1:1.2.

Remember that you can easily transfer Avios at a 1:1 rate between any Avios partner, including Qatar, so this opens up some great redemptions for redeeming British Airways Avios, Aer Lingus Avios, Iberia Avios, and Qatar Avios.

Chase Ultimate Rewards to Marriott Bonvoy

If you send your Chase Ultimate Rewards points to Marriott Bonvoy, you’ll get a 50% transfer bonus through March 31, 2025. The elevated transfer ratio is 1:1.5.

While 50% sounds great, pause before you rush to transfer points. With Marriott’s dynamic pricing model, getting outsized value for your points is increasingly difficult. Consider that we value Chase points at 2 cents each but Marriott points at just 0.7 cents apiece. Even with a 50% transfer bonus, you’re trading 2 cents for 1.05 cents — losing nearly 50% of the value. This bonus really only makes sense if you’re a few points shy of a great redemption using Marriott points.

Citi ThankYou Points to Avianca LifeMiles

If you have Citi ThankYou Points, you can enjoy a transfer bonus through April 12, 205. The 25% transfer bonus from Citi to Avianca LifeMiles provides a transfer ratio of 1:1.25 right now.

Avianca LifeMiles is a great program for booking awards with Star Alliance airlines — think United, Lufthansa, Swiss, ANA, and others — without the hefty fees you’ll find booking award tickets with other airlines. That said, the program has undergone a few devaluations recently, and the deals aren’t as great as they were last year, but there are still fantastic ways to redeem LifeMiles, whether you’re crossing an ocean in first class or traveling in economy within the U.S.

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.