This is an historic moment. Chase Ultimate Rewards is a program that has never offered any sort of bonus when transferring miles from their program to any of their partner loyalty programs. Everything has always been at a 1:1 ratio, in increments of 1,000 points.
But now they have released their first limited time transfer bonus opportunity!
Chase British Airways transfer bonus
For a limited time you can receive a 30% transfer bonus when converting your Chase Ultimate Rewards points to British Airways Avios. If you log into ultimaterewards.com, you will see that transfer will earn this bonus if completed from now through June 16, 2019.
One cool aspect of this transfer is that this is technically a 30% bonus to Iberia and Aer Lingus Avios, as the miles are transferable between all three IAG-owned airlines that use this shared currency. If you have a specific use of Avios in mind for an upcoming trip, this is a great opportunity.
One of the first uses I thought about was the ability to leverage this for nonstop short-haul U.S. and Caribbean flights on American Airlines that are less than 1,150 miles, which cost 7,500 Avios. The 30% bonus means that you are effectively getting these flights for only 5,770 Ultimate Rewards. Routes such as Dallas-Miami, Miami-Bermuda, Miami-Aruba, and Charlotte-Cancun are all potential options. If you live in an American Airlines hub, this is an excellent deal!
While this bonus is personally not especially appealing, it is a great opportunity for many folks. More importantly, I hope this opens the door to Chase offering transfer bonus opportunities for other currencies in the future. I’d love to see bonuses for Virgin Atlantic, Flying Blue, United, or even Hyatt. The last two are probably a pipe dream, but I can dream, can’t I?
Points With a Crew has partnered with CardRatings for our coverage of credit card products. Points With a Crew and CardRatings may receive a commission from card issuers. Responses are not provided or commissioned by the bank advertiser. Some or all of the card offers that appear on the website are from advertisers and that compensation may impact on how and where card products appear on the site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners and I do not include all card companies, or all available card offers. Terms apply to American Express benefits and offers and other offers and benefits listed on this page. Other links on this page may also pay me a commission - as always, thanks for your support if you use them
User Generated Content Disclosure: Points With a Crew encourages constructive discussions, comments, and questions. Responses are not provided by or commissioned by any bank advertisers. These responses have not been reviewed, approved, or endorsed by the bank advertiser. It is not the responsibility of the bank advertiser to respond to comments.