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Credit card transfer bonuses (April): Get bonus points when you transfer to Etihad, IHG and more

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Editor’s note: This is a recurring post, regularly updated with new information and offers.

Transfer bonuses can offer lucrative opportunities to maximize your points and miles and work your way toward fantastic award redemptions. You can sometimes get significantly more value from your rewards by transferring them to an airline or hotel partner during one of these bonus periods.

Remember, though, that these are limited-time offers — so you’ll need to act fast if you find one that suits your travel plans.

We’ve compiled transfer bonus updates for most major programs with transferable rewards to make tracking these offers easier. Just note that transfer bonuses are sometimes targeted, so some may not be available.

American Express Membership Rewards transfer bonus

Aeromexico plane being loaded
ZACH GRIFF/THE POINTS GUY

You can currently transfer American Express Membership Rewards points to Aeromexico Rewards with a 20% bonus through April 30. Since Amex points typically transfer to Aeromexico at a 1:1.6 ratio, this means 1,000 Amex points will net you 1,920 Aeromexico points — not a bad deal.

You can also earn a 20% bonus when you transfer American Express Membership Rewards points to Etihad Guest through April 30. This offer is targeted; check your Membership Rewards account to see if you can access it — in which case, you’ll receive 1,200 Etihad Guest miles for every 1,000 Amex points you transfer.

To maximize the Etihad Guest transfer bonus, we suggest redeeming your miles on the airline’s long-haul flights, such as New York to Abu Dhabi. We’ve found first-class GuestSeat fares for 160,000 miles from New York City’s John F. Kennedy International Airport (JFK) to Abu Dhabi’s Zayed International Airport (AUH). With this transfer bonus, you can book this international first-class ticket on the Boeing 787-9 for just 134,000 Amex points.

Booking American Airlines short-haul domestic Y fares with Etihad Guest miles is another great way to use this transfer bonus.

How to earn American Express Membership Rewards points

If you’re looking to earn more of these valuable points, the following American Express cards could prove useful additions to your wallet:

Check the CardMatch tool to see if you’re targeted for an even higher welcome offer (subject to change at any time).

You can also earn extra Membership Rewards points when you enroll in Amex Offers and shop with Rakuten.

Based on TPG’s March 2025 valuations, Membership Rewards points are worth 2 cents each, and our tests indicate that they transfer instantly to most of American Express’ transfer partners.

Related: How to redeem American Express Membership Rewards points for maximum value

Chase Ultimate Rewards transfer bonus

inside cream/green/gold hotel room
Costa Irminia Retreat & Spa, Vignette Collection. IHG HOTELS & RESORTS

IHG One Rewards members can get an impressive 80% bonus when converting Chase Ultimate Rewards points into IHG points through April 30. That means a transfer of 1,000 Ultimate Rewards points would become 1,800 IHG points during this period.

For example, you could stay at the InterContinental Danang Sun Peninsula Resort (which usually starts at around 66,000 IHG points per night) for as little as 37,000 Amex points per night with this transfer bonus. Plus, if you stay three nights on points, you’ll get your fourth night free.

How to earn Chase Ultimate Rewards points

If you want to earn more Chase Ultimate Rewards points, the following Chase cards could make good additions to your wallet:

According to TPG’s March 2025 valuations, Chase Ultimate Rewards points are worth 2.05 cents each when maximized with travel partners. Most Ultimate Rewards transfers will process instantly.

Related: How to redeem Chase Ultimate Rewards points for maximum value

Capital One transfer bonus

Capital One lounge logo IAD
EMILY THOMPSON/THE POINTS GUY

There are currently no active transfer bonuses for Capital One miles.

How to earn Capital One miles

If you’re looking to earn more transferable miles, the following Capital One cards are solid options to consider:

TPG’s March 2025 valuations peg Capital One miles at 1.85 cents apiece, and most transfers from Capital One will process instantly. For more details, check out our guides to the Capital One transfer partners and how to transfer Capital One miles.

Citi ThankYou Rewards transfer bonus

empty rows of seats inside Avianca plane
ZACH GRIFF/THE POINTS GUY

Citi ThankYou Rewards is offering a 25% transfer bonus when you convert your ThankYou points to Avianca LifeMiles by April 12. Since Citi normally transfers to Avianca at a 1:1 ratio, this means you’ll get 1,250 LifeMiles for every 1,000 ThankYou points you transfer.

This bonus could help you save points on your next redemption and partially offset Avianca’s recent devaluation. For example, you could book an 80,000-point business-class ticket to Europe for just 64,000 Citi points.

How to earn Citi ThankYou Rewards points

These Citi credit cards could make useful additions to your wallet for earning Citi ThankYou Rewards points:

  • Citi Strata Premier℠ Card (see rates and fees): Earn 75,000 bonus points after spending $4,000 on purchases within three months from account opening.
  • Citi Rewards+® Card: Earn 20,000 bonus points after spending $1,500 on purchases within three months from account opening. Plus, earn 5 bonus ThankYou Rewards points per dollar spent on hotels, car rentals and attractions via the Citi travel portal through Dec. 31. (Note: You must pair this card with a premium Citi ThankYou card to access a full-fledged, transferable ThankYou points account.)

The information for the Citi Rewards+ has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

TPG values Citi ThankYou Rewards points at 1.8 cents each based on our March 2025 valuations, and most transfers happen instantly.

Marriott Bonvoy transfer bonus

woman and girl at Marriott pool
FAIRFIELD ANAHEIM RESORT/FACEBOOK

Though you can transfer Marriott Bonvoy points to a variety of airlines, the program is not currently offering any transfer bonuses.

How to earn Marriott Bonvoy points

If you’re looking to earn more Marriott Bonvoy points, the following Marriott Bonvoy cards may be of interest:

According to TPG’s March 2025 valuations, Marriott Bonvoy points are worth 0.7 cents each. Review our tests of Marriott transfer times before transferring points, since some airlines take a few days (or even weeks) to receive the points.

Related: Marriott Bonvoy program: How to redeem points for hotel stays, airfare and more

Should you transfer points and miles?

We only recommend transferring points or miles if you have a short-term plan to use them. Many programs have implemented devaluations over the last few years, so speculative transfers could prove a losing proposition. Transfers are irreversible — and you don’t want to be stuck with thousands of points or miles in a program you have little use for.

If you don’t have a specific redemption in mind but still want to earn points or miles, you’re likely better off earning rewards through card welcome bonuses and everyday spending.

And we always recommend you ensure award availability before transferring your rewards.

Bottom line

When a program with a transferable currency offers a transfer bonus, it’s important to run the numbers to determine whether it is worthwhile.

Generally, you won’t want to transfer your points or miles without a specific redemption in mind. After all, a large part of the value of transferable points and miles comes from their flexibility — which you’ll give up when you convert them to a partner’s currency. However, a transfer bonus can help you get more value from your points and miles if you use a partner program frequently or plan to redeem soon.

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