Credit card transfer bonuses (March): Get bonus points when you transfer to Qatar Airways, Hilton and Marriott

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 a specific 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

You can currently transfer American Express Membership Rewards points to Hilton Honors at a 25% bonus rate through March 14. Amex usually transfers to Hilton Honors at a 1:2 bonus, but here you would be transferring at a 1:2.5 rate.

For example, transferring 1,000 Membership Rewards points yields 2,500 Hilton Honors points. TPG currently values Hilton Honors points at 0.6 cents per dollar and Membership Rewards points at 2 cents each in our February 2025 valuations, so you could get 1.5 cents per Membership Rewards point in value by transferring points to Hilton.

screenshot of Amex Hilton Honors promo — AMERICAN EXPRESS

There’s also an opportunity to transfer American Express Membership Rewards points to Qatar Airways Privilege Club and earn a 20% bonus through March 15.

You must transfer a minimum of 1,000 Membership Rewards points to receive 1,200 Avios. Up to 750,000 points can be transferred, and Avios will appear in your Privilege Club account within 48 hours.

Qatar Airways Privilege Club is one of five frequent flyer programs that use Avios. Other programs include:

This means you can transfer Avios between any of the participating programs at a 1:1 ratio — but the way in which you redeem Avios in each program can change the value of them.

Screenshot of Amex Qatar bonus opportunity — AMERICAN EXPRESS

How to earn American Express Membership Rewards points

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

The Platinum Card® from American Express: Earn 80,000 Membership Rewards points after you spend $8,000 on your new card in your first six months of card membership.
American Express® Gold Card: Earn 60,000 Membership Rewards points after spending $6,000 on purchases in the first six months of card membership.
The Business Platinum Card® from American Express: Earn 150,000 Membership Rewards points after you spend $20,000 on eligible purchases with your card in the first three months of card membership.

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 February 2025 valuations, Membership Rewards points are worth 2 cents each, and our tests indicate that they transfer instantly to most of Amex’s transfer partners.

Chase Ultimate Rewards transfer bonus

hotel rooftop pool with waterfall and cabanas overlooking city — IHG

British Airways Executive Club, Aer Lingus Aer Club and Iberia Plus members can all earn a 20% bonus when converting Chase Ultimate Rewards points into Avios through March 31. So, for example, a transfer of 1,000 Ultimate Rewards points would become 1,200 Avios during this period.

There’s also a 50% transfer bonus opportunity when you transfer Chase Ultimate Rewards points to your Marriott Bonvoy account by 11:59 p.m. EDT on March 31.

screenshot of Marriott Chase promo — CHASE

Bear in mind that TPG currently values Marriott Bonvoy points at 0.85 cents, Avios at 1.4 cents apiece and Chase Ultimate Rewards points at 2.05 cents each, so neither of these transfers is likely the best use of Chase points.

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:

Chase Sapphire Reserve®: Earn 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening.
Ink Business Preferred® Credit Card: Earn 90,000 bonus points after spending $8,000 on purchases in the first three months from account opening.

If you have one (or more) of the above cards, you can combine your Ultimate Rewards points in a single account. Then, you can effectively convert the cash-back earnings on the following cards into fully transferable Ultimate Rewards points:

Chase Freedom Flex®: Earn $200 cash back after spending $500 on purchases in the first three months from account opening.
Chase Freedom Unlimited®: Earn an additional 1.5% cash back on everything you buy in the first year (on up to $20,000 spent), worth up to $300 cash back.
Ink Business Cash® Credit Card: Earn up to $750 bonus cash back — $350 after you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months from account opening.
Ink Business Unlimited® Credit Card: Earn $750 bonus cash back after spending $6,000 on purchases in the first three months from account opening.

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

Capital One transfer bonus

EMILY THOMPSON/THE POINTS GUY

Unfortunately, Capital One is not offering any transfer bonuses at the moment.

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:

Capital One Venture X Rewards Credit Card: Earn 75,000 bonus miles when you spend $4,000 on purchases in the first three months from account opening.
Capital One Venture Rewards Credit Card: Earn 75,000 bonus miles when you spend $4,000 on purchases within the first three months from account opening, plus a $250 Capital One Travel credit to use in your first cardholder year.
Capital One Spark Miles for Business: Earn 50,000 bonus miles after spending $4,500 on purchases in the first three months from account opening.

TPG’s February 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 to airline and hotel partners.

Citi ThankYou Rewards transfer bonus

Woman paying with a credit card while shopping online — D3SIGN/GETTY IMAGES

Citi ThankYou Rewards is offering a 20% transfer bonus when you transfer ThankYou Rewards points to Qatar Airways Privilege Club.

This promotion is valid for transfers through 11:59 p.m. EDT on March 15. For example, you could transfer 1,000 Citi ThankYou Rewards points for 1,200 Avios.

Citi ThankYou and Qatar rewards transfer — CITI THANKYOU REWARDS

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 you spend $4,000 on purchases with your card within three months from account opening.
Citi Rewards+® Card (see rates and fees): Earn 20,000 bonus points after you spend $1,500 on purchases with your card 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.)

Marriott Bonvoy transfer bonus

woman and girl at Marriott pool — FAIRFIELD ANAHEIM RESORT/FACEBOOK

Marriott Bonvoy 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:

Marriott Bonvoy Brilliant® American Express® Card: Earn 95,000 Marriott Bonvoy bonus points after spending $6,000 on purchases within the first six months of card membership.
Marriott Bonvoy Boundless® Credit Card: Earn a $150 statement credit after making your first purchase in the first 12 months from account opening, and earn 100,000 bonus points after spending $3,000 on purchases in your first three months from account opening.
Marriott Bonvoy Business® American Express® Card: Earn 125,000 Marriott Bonvoy bonus points after spending $8,000 on eligible purchases in the first six months of card membership.
Marriott Bonvoy Bold® Credit Card: Earn 60,000 bonus points plus one free night award after spending $2,000 on purchases in the first three months from account opening. The free night is valued at 50,000 points. Certain hotels have resort fees.

According to TPG’s February 2025 valuations, Marriott Bonvoy points are worth 0.85 cents each. Before transferring points, review our tests of Marriott transfer times since some airlines take a few days (or even weeks) to receive the points.

Should you transfer points?

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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