Credit card transfer bonuses (September): 50% bonus to Turkish Airlines, 30% bonus to Virgin Atlantic and more

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.

Active credit card transfer bonuses

We’re currently seeing transfer bonuses from:

American Express Membership Rewards transfer bonus

American Express Membership Rewards is currently not offering any transfer bonuses at this time.

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:

• American Express® Gold Card: Find out your offer and see if you are eligible for as high as 100,000 Membership Rewards points after spending $6,000 on purchases within the first six months of card membership. Welcome offers vary, and you may not be eligible for an offer.
• The Platinum Card® from American Express: Find out your offer and see if you are eligible for as high as 175,000 Membership Rewards points after spending $8,000 on purchases in the first six months of card membership. Welcome offers vary, and you may not be eligible for an offer.

Based on TPG’s September 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

Capital One transfer bonus

Capital One is offering a 30% transfer bonus to Virgin Red until Oct. 1.

Virgin Red is a loyalty program that uses Virgin points as its currency. Virgin points can be used on flights with Virgin Atlantic Flying Club and limited-time offers on stays at Virgin Hotels and cruises with Virgin Voyages.

This 30% bonus means that 1,000 Capital One miles equate to 1,300 Virgin points.

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 Spark Miles for Business: Earn 50,000 bonus miles after spending $4,500 on purchases in the first three months from account opening.
• Capital One Venture Rewards Credit Card: Earn 75,000 bonus miles after spending $4,000 on purchases within the first three months from account opening.
• Capital One Venture X Rewards Credit Card: Earn 75,000 bonus miles after spending $4,000 on purchases in the first three months from account opening.

TPG’s September 2025 valuations deem Capital One miles are worth 1.85 cents apiece, and most transfers from Capital One will process instantly. For more details, read our guides to the Capital One transfer partners and how to transfer Capital One miles.

Related: Should you transfer Capital One miles to partners or redeem directly for travel?

Chase Ultimate Rewards transfer bonus

Chase is currently offering a 20% bonus when you transfer Chase Ultimate Rewards points to Air France-KLM Flying Blue by Sept. 30. Therefore, for every 1,000 Chase points you transfer, you’ll receive 1,200 Flying Blue miles. This can be a lucrative offer for those wanting to double-dip on two deals and capitalize on Flying Blue’s monthly Promo Rewards and the transfer bonus.

If so, you could potentially book an economy fare from several U.S. cities to Europe for just 16,000 Flying Blue miles or only 25,000 miles for premium economy.

But before you transfer your Chase points to Flying Blue, make sure you find award availability, as transfers are irreversible.

Related: When to transfer Chase points instead of booking a hotel through Chase Travel

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 Preferred® Card (see rates and fees): Earn 75,000 bonus points after spending $5,000 on purchases in the first three months from account opening.
• Chase Sapphire Reserve® (see rates and fees): Earn 125,000 bonus points after spending $6,000 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.

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

The information for the Ink Business Preferred has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

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

Citi ThankYou Rewards transfer bonus

Citi ThankYou Rewards is currently offering three transfer bonuses, all expiring Oct. 18.

• Avianca LifeMiles: 25% bonus
• Turkish Miles&Smiles: 50% bonus
• Virgin Atlantic Flying Club and Virgin Red: 30% bonus

ThankYou Rewards points transfer to these airline loyalty programs at a 1:1 ratio (with select cards), which means you’ll receive:

• 1,250 LifeMiles for 1,000 ThankYou Rewards points
• 1,500 Miles&Smiles miles for 1,000 ThankYou Rewards points
• 1,300 Virgin points for 1,000 ThankYou Rewards points

It’s important to note that you’ll only unlock this bonus in its entirety if you hold the Citi Strata Elite℠ Card (see rates and fees), the Citi Strata Premier® Card (see rates and fees) or the Citi Prestige® Card (no longer available to new applicants). Other Citi cards do not unlock the full 1:1 transfer ratio, so the transfers aren’t as valuable.

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

How to earn Citi ThankYou Rewards points

To earn more ThankYou Rewards points, consider these Citi credit cards:

• Citi Strata Elite Card: Earn 80,000 bonus points after spending $4,000 on purchases in the first three months from account opening.
• Citi Strata Premier Card: Earn 60,000 bonus points after spending $4,000 on purchases in the first three months from account opening.

TPG values Citi ThankYou Rewards points at 1.9 cents each, per our September 2025 valuations, and most transfers happen instantly.

Related: Citi ThankYou Rewards transfer partners: Redeem your points with airlines and hotels

Marriott Bonvoy transfer bonus

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

How to earn Marriott Bonvoy points

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

• Marriott Bonvoy Bold® Credit Card (see rates and fees): Earn 30,000 bonus points after spending $1,000 on purchases in the first three months from account opening.
• Marriott Bonvoy Boundless® Credit Card (see rates and fees): Earn three free night awards (each night valued at up to 50,000 points) after spending $3,000 on purchases in the first three months from account opening. Certain hotels have resort fees.
• Marriott Bonvoy Brilliant® American Express® Card: Earn 185,000 bonus points after spending $6,000 on purchases within the first six months of card membership.
• Marriott Bonvoy Business® American Express® Card: Earn 125,000 bonus points after spending $8,000 on purchases within the first six months of card membership.

According to TPG’s September 2025 valuations, Marriott Bonvoy points are worth 0.7 cents each. Some airlines take a few days (or even weeks) to receive the points.

Related: How to redeem Marriott Bonvoy points for maximum value

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 that 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.

Related: The best time to book flights for the cheapest airfare