December Credit Card & Loyalty Program Transfer Bonuses [Up to a 30% Bonus!]

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

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

Here’s everything you need to know!

New Transfer Bonuses for December 2023

Amex Membership Rewards to Hilton Honors [Targeted]

Through December 31, 2023, you’ll receive a 30% bonus when transferring points from Amex Membership Rewards to Hilton Honors. The usual Amex to Hilton transfer rate is 1:2, so the 30% bonus boosts this to 1:2.6.

Keep in mind that this is a targeted offer, so you may not see it offered in your American Express account.

Amex Membership Rewards points are some of the easiest to earn, and they’re the most valuable flexible points around, worth 2.2 cents apiece according to our valuations. This means you’ll likely lose value when you transfer points to Hilton.

However, transferring Amex points over to Hilton can make sense if you need to top off your account balance for a specific redemption or if you have a short, inexpensive stay.

Amex Membership Rewards to Singapore Airlines (Targeted)

Through December 31, 2023, you can receive a targeted 20% bonus when transferring points from Amex Membership Rewards to Singapore Airlines. The usual Amex to Singapore transfer rate is 1:1, so the 20% transfer bonus boosts this to 1:1.2.

Sinagpore award tickets can be quite expensive, but 2 solid options are its fifth-freedom routes between NYC and Frankfurt, along with Houston and Manchester, for 81,000 points in business class each way. Thanks to the 20% transfer bonus, you can fly one of the best business class cabins in the world for just 68,000 Amex points.

Amex Membership Rewards to Virgin Atlantic

Through December 31, 2023, you’ll receive a 30% bonus when transferring points from Amex Membership Rewards to Virgin Atlantic. The usual Amex to Virgin Atlantic transfer rate is 1:1, so the 30% bonus boosts this to 1:1.3.

One of our favorite ways to redeem Virgin Atlantic miles is for tickets with ANA between the Western U.S. and Japan for 90,000 miles round-trip in business class, or 145,000 miles round-trip in first class. These prices are already fantastic on their own, but with the 30% transfer bonus, you’d need just 70,000 Amex points for business class, or 112,000 points for first class.

Chase Ultimate Rewards to Air Canada Aeroplan

Through January 15, 2024, you’ll receive a 20% bonus when transferring points from Chase Ultimate Rewards to Air Canada Aeroplan. The usual Chase to Aeroplan transfer rate is 1:1, so the 20% bonus boosts this to 1:1.2.

To make the deal even sweeter, if you also have the Aeroplan^® Credit Card you’ll receive an additional 10% bonus through December 31, 2023, totaling a 30% bonus on transfers of 50,000 points or more.

Some great redemption examples include:

• Houston (IAH) to Rio de Janeiro (GIG) for 60,000 points (47,000 to 50,000 Chase points before bonus) one-way in United Polaris business class
• New York (JFK) to Abu Dhabi (AUH) for 85,000 points (66,000 to 71,000 Chase points before bonus) one-way in Etihad Airways business class

Chase Ultimate Rewards to JetBlue TrueBlue

Through January 10, 2024, you’ll receive a 25% bonus when transferring points from Chase Ultimate Rewards to JetBlue TrueBlue. The usual Chase to JetBlue transfer rate is 1:1, so the 25% bonus boosts this to 1:1.25.

JetBlue is a fixed rewards program with most redemptions offering you roughly 1.3 cents per point. Meaning that you’d receive around 1.6 cents per Chase point during this transfer bonus. This is below our 2 cents per point valuation of Chase points, so we’d recommend holding off on this promotion.

Select Bank Points to Virgin Australia

Through January 31, 2024, you’ll receive a 20% bonus when you transfer your select U.S. bank points, including American Express Membership Rewards and Citi ThankYou Rewards, to the Virgin Australia Velocity program when you transfer points for 3 months in a row between November through January.

You can access this offer on the Virgin Velocity website. Note that since you must transfer points for 3 months in a row, you will not receive your 20% bonus points until February.

Other Active Transfer Bonuses

In case you missed it, there is another active transfer bonus from an issuer that you can take advantage of as you plan any upcoming travel:

Chase Ultimate Rewards

• Air Canada Aeroplan: 10% bonus; ends December 31, 2023 (bonus is exclusively for Aeroplan^® Credit Card members and must be a minimum of 50,000 points)

Hot Tip: You can always keep track of all the latest airline and hotel transfer bonuses using our transfer partner tool calculator!

Final Thoughts

Earning transferable points is always a great idea since they’re so flexible when it comes time to book your trip. Also, 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 typically only around 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.