May Credit Card and Loyalty Program Transfer Bonuses [Up to 100%!]

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 May 2025

Capital One Miles to Qantas Frequent Flyer

From now through June 1, 2025, there’s a 20% transfer bonus from Capital One Miles to the Qantas Frequent Flyer program. The elevated transfer rate is 1:1.2.

Qantas Airways, Australia’s flag carrier, is not an airline you’d typically think of for redeeming rewards. Although it uses a distance-based award chart, its rates tend to be pricier than those of other airlines.

Chase Ultimate Rewards to Air France-KLM Flying Blue

From now through May 31, 2025, there’s a 25% transfer bonus from Chase Ultimate Rewards to the Air France-KLM Flying Blue program. The elevated transfer rate is 1:1.25.

If you’re looking to fly business class between the U.S. and Europe, you can do so for as low as 60,000 points each way — which will cost just 48,000 Chase points before the bonus.

Better yet, this transfer bonus can make for a killer combination with the monthly Flying Blue Promo Awards where award tickets on select flight routes can be 25% to 50% off their usual price.

Chase Ultimate Rewards to Virgin Atlantic Flying Club

From now through June 15, 2025, there’s a 25% transfer bonus from Chase Ultimate Rewards to the Virgin Atlantic Flying Club program. The elevated transfer rate is 1:1.25.

If you were hoping to book a round-trip ticket on Virgin Atlantic between New York and London, you can typically score these tickets for 15,000 Virgin Points in economy during off-peak times. Thanks to this transfer bonus, you’d only need to transfer 12,000 Ultimate Rewards points to book tickets to Europe.

Citi ThankYou Rewards to Qatar Airways Privilege Club

From now through May 31, 2025, there’s a 30% transfer bonus from Citi ThankYou Rewards to the Qatar Airways Privilege Club program. The elevated transfer rate is 1:1.3. This transfer bonus is not offered by Citi but by Qatar directly, so it is not listed on the Citi transfer partner page.

Qatar’s business class cabin, Qsuite, is widely regarded as one of the best business class seats in the sky. Usually, a one-way ticket aboard Qsuite from the U.S. to Doha will set you back 70,000 Avios. But thanks to the 30% transfer bonus, you’d need to transfer just 54,000 Citi ThankYou Points to book this ticket.

Choice Privileges to Air France-KLM Flying Blue

Through May 31, 2025, you can get a 100% transfer bonus when moving points from Choice Privileges (the hotel program) to Flying Blue, the joint airline rewards program of Air France and KLM. Typically, you’ll convert 5,000 Choice points to 1,000 Flying Blue miles, which almost always means a loss of value along the way. With the 100% bonus, you can turn 5,000 hotel points into 2,000 airline miles, and that could be worth it under the right circumstances.

There’s a minimum transfer of 5,000 Choice points per transaction, and you must transfer in increments of 1,000. Transfers are available here.

Citi ThankYou Points to Virgin Atlantic

If you have Citi ThankYou Points, you can enjoy a transfer bonus through May 17, 2025. The 30% transfer bonus from Citi to Virgin Atlantic provides a transfer ratio of 1:1.3 right now.

Virgin Atlantic Flying Club is a great program for booking awards with SkyTeam airlines — think Delta, Air France, KLM, and others — at good prices if you know where to look. The program adopted dynamic pricing recently, but that came with the ability to find flights to Europe for 6,000 points in economy and 29,000 points in business class. That’s a great deal!

Plus, you could use this transfer bonus to fly to or from Europe for just 5,000 (economy) or 23,000 (business) points per person.

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.