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

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 August 2026

Amex Membership Rewards to Avios Partners

Until September 27, there’s a 30% transfer bonus from Amex to the Aer Lingus, British Airways, and Iberia Avios programs. The elevated transfer rate is 1:1.3, up from the typical 1:1. That means 1,000 Amex points become 1,300 Avios.

There are many sweet spots when redeeming Avios, especially on short-haul U.S. domestic flights. However, one great example is booking flights with Qatar Airways, as the airline uses Avios as its reward currency.

Thanks to that partnership, you can book and fly the famous Qsuites on long-haul international flights for as low as 70,000 Avios each way! That means with this 30% bonus promotion, you could be flying in one of the world’s best business class seats for just 54,000 Membership Rewards points!

Capital One Miles to Avianca Lifemiles

Until August 31, there’s a 15% transfer bonus from Capital One to Avianca Lifemiles. The elevated transfer rate is 1:1.15, up from the typical 1:1. That means 1,000 Capital One miles become 1,150 Lifemiles.

Lifemiles is a quality program with good access to Star Alliance flights, mostly good award rates, and low fees on bookings in premium cabins. That said, the program has undergone a few devaluations lately, and it’s worth checking prices on your favorite route before transferring your miles.

Chase Ultimate Rewards to IHG One Rewards

Through August 31, 2026, there’s a 70% transfer bonus from Chase to IHG. The elevated transfer rate is 1:1.7.

IHG One Rewards is an easy-to-use program, but its dynamic pricing means this deal isn’t a slam dunk. You’re trading $20 for $8.50 with this transfer — even accounting for the 70% bonus. You need to redeem IHG points at above-average value for this to make sense, unless you’re just topping off your account with a few points for a redemption.

Citi ThankYou Points to Flying Blue

Until August 22, 2026, there’s a 20% transfer bonus from Citi to Flying Blue, the joint program of Air France and KLM. The elevated transfer rate is 1:1.2.

Flying Blue has some great award pricing, especially on shorter SkyTeam flights and flights between the U.S. and Europe. It can also show high taxes and fees and sky-high pricing as seats disappear. If you book early or have travel flexibility, the program can provide real value.

Citi ThankYou Points to Turkish Airlines

Until August 31, 2026, there’s a 40% transfer bonus from Citi to Turkish Airlines. The elevated transfer rate is 1:1.4.

The 40% transfer bonus isn’t offered directly from Citi, but rather is processed after the fact by Turkish, so you won’t see the transfer bonus listed when logging into your Citi ThankYou account.

Additionally, there is a maximum of up to 50,000 bonus miles you can receive from the transfer promotion, which would require you to transfer 125,000 Citi points to maximize.

Credit Card and Hotel Points to Cathay Pacific

Until August 28, 2026, there’s a 10% transfer bonus to Cathay Pacific from several credit card and hotel programs. The transfer rates among these programs vary, but each is boosted by 10% during this promotion.

Cathay Pacific’s Cathay program can have high taxes and fees on some premium redemptions, but its currency — Asia Miles — has some great uses for award flights.

Eligible credit card programs for the 10% transfer bonus include American Express Membership Rewards, Bilt Rewards, Brex Rewards, Capital One miles, Citi ThankYou Points, and Wells Fargo Rewards. Meanwhile, you can get a 10% transfer bonus from these hotel programs: Accor Live Limitless, Best Western Rewards, Hilton Honors, IHG One Rewards, Shangri-La, World of Hyatt, Anantara Vacation Club, Brilliant by Langham, and Dorsett.

Rove Miles to Qantas Frequent Flyer

Through August 14, 2026, there’s a 50% transfer bonus from Rove to Qantas Frequent Flyer. The elevated transfer rate is 1:1.5.

Qantas Frequent Flyer can be a valuable program for Oneworld redemptions, though its recent devaluations have changed how valuable the program is at present. That said, there are still some good redemptions to be found.

Final Thoughts

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

That said, remember that transfers can’t be undone, so be sure you have a plan for using points in these rewards programs before moving your credit card points to an airline or hotel’s program. If you change your mind or can’t find the trip you wanted to book, you can’t send the points back.

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