Credit card transfer bonuses are promotions that incentivize you to convert your bank points into airline miles and hotel points. These promotions can help you squeeze considerably more travel out of your credit card rewards.
You’ll typically receive between 15% and 40% more rewards than usual during a transfer bonus. For example, Capital One miles normally transfer to Avianca LifeMiles at a 1:1 ratio — but during a 20% transfer bonus, the conversion rate improves to 1:1.2. That means you’ll get 1,200 Avianca LifeMiles for every 1,000 Capital One miles you transfer.
You’ll likely see plenty of transfer bonuses for airline programs you’re not a member of or familiar with, but you might find some surprises. With a bit of algorithmic wizardry, PointsYeah will help you to use these promotions to save points on your upcoming flights.
How to spot credit card transfer bonuses
Credit card transfer bonuses come and go with little notice — and only a handful of airline and hotel loyalty programs are eligible for a bonus at any given time. This makes staying updated on current transfer bonuses a bit challenging for the average user.
The good thing for you is -> you’re a PointsYeah user.
There are two ways you can stay informed about valuable transfer bonuses with PointsYeah:
Bookmark this page. We keep the above chart updated just for you.
Search for flights through PointsYeah. The search result card will show you whenever there’s a transfer bonus and even calculate the number of points required, factoring in the bonus.
One final option is to check directly with the bank or airline’s website. Depending on who funds the promotion, the bank or the airline, is where you will find the information. If you don’t see the transfer bonus on your bank transfer portal, it is likely one you would see the T&C on the airline site, while still transferring through the bank portal.
Pretty simple, Yeah?
Credit card transfer bonuses are automatic. Just transfer your bank points to participating airline or hotel loyalty programs during a transfer bonus, and you’ll automatically get extra rewards.
Remember to bookmark this page to keep on top of current transfer bonuses. And if you want to learn more ways to stretch your points and miles, sign-up for the PointsYeah newsletter. More tips = more trips!
Chase Sapphire Reserve for Business, Chase’s first premium travel-focused credit card for businesses, brings the best Sapphire Reserve benefits to business owners who expect hard-working rewards. The card unlocks over $2,500 in annual value, more business and travel value than any other premium business card, including high-value partner services and merchant credits that help owners streamline operations.
• 8x points on Chase Travel purchases as well as 4x points on flights and hotels booked direct
• $300 annual travel credit – the most flexible travel credit available
• $120 Global Entry, TSA Precheck or Nexus credit every four years
• $500 annual The Edit credit – Chase Travel’s collection of over 1,100 hand-picked hotels and resorts
• Points Boost, the new points redemption accelerator
With Points Boost offers, cardmembers’ points will be worth up to 2x on thousands of both top booked hotels and flights with select airlines and hotels through Chase Travel
• Complimentary IHG One Rewards Platinum Elite Status
• Access to the Chase Sapphire Lounge by The Club network of airport lounges and entry to over 1,300 lounges with Priority Pass Select. The primary Chase Sapphire Reserve for Business cardmember can also bring two guests per visit.
• The most comprehensive suite of travel protections available through built-in benefits that cover a wider range of travel setbacks than any other card including primary car insurance and trip cancellation
Credits to Keep Businesses Running
The card features additional rewards earned on advertising expenses and annual partner credits on business services, selected to meet the needs of businesses at scale:
• 3x points on advertising purchases made with social media sites and search engines
• $400 ZipRecruiter credit to discover new talent
• $200 Google Workspace credit toward AI tools for business
• $100 Giftcards.com credit for flexible employee appreciation
• $300 annually in monthly DoorDash promos and complimentary DashPass membership worth $120 annually
• $120 in annual Lyft in-app credits, up to $10 monthly, plus 5x total points on eligible Lyft rides
Premium Benefits Unlocked
Cardmembers can earn loyalty program status and additional credits with leading travel and shopping brands after spending $120,000 each calendar year:
• IHG One Rewards Diamond Elite Status
• Southwest Airlines A-List Status and a $500 Southwest Airlines credit when booked through Chase Travel
• $500 credit to The Shops at Chase, a new online shopping experience designed exclusively for cardmembers allowing them to shop for brands including Dyson, Sony, Therabody and Tumi, with rotating promotions, using their ultimate rewards points or their card to pay
Sapphire Reserve for Business cardmembers have access to a high spending pay-in-full limit and Flex for Business, a credit line which allows payments over time with interest. There is a $795 annual fee with employee cards at $0, and no foreign transaction fees.
Editorial Disclosure: Opinions, reviews, analyses & recommendations are PointsYeah’s alone, and have not been reviewed, endorsed or approved by any of these entities. Some links on this website will earn an affiliate commission.
I’ve had the Chase Sapphire Preferred® Card for over 10 years. I’ve used its points and travel perks to hop all over the world for nearly free.
Case in point: My first award flight was to the Philippines for 40,000 Chase Ultimate Rewards® points and $5.60. That’s less out-of-pocket than the Grande six-pump Cinnamon Dolce Flat White I nursed while waiting for my flight.
You don’t have to know a ton about travel rewards to squeeze lots of trips out of its points.
The rewards it earns can be transferred to over a dozen airline and hotel programs. In other words, it’s a good points currency to invest in if you don’t have firm travel plans.
Its travel insurance is fantastic. It’s saved me thousands of dollars over the years.
The Chase Sapphire Preferred offers 60,000 Chase Ultimate Rewards® points after you spend $5,000 on purchases within the first three months from account opening. You can do just about anything with that big of a points stockpile. I’ll show you what I mean — and why the Chase Sapphire Preferred® Card is worth opening even without this huge bonus.
How do Chase Ultimate Rewards work?
How to earn Chase points
TheChase Sapphire Preferred® Card comes with 60,000 bonus points after you spend $5,000 on purchases within the first three months from account opening. That’s 40,000 points higher than its standard offer. It’s been nearly four years since the card has touted a bonus this juicy.
Beyond its welcome bonus, the Chase Sapphire Preferred earns points at the following rates:
3 points per dollar on dining (including eligible delivery services)
3 points per dollar for online grocery purchases (except for Target, Walmart, and wholesale clubs)
3 points per dollar for eligible streaming services
2 points per dollar on travel purchases (flights, hotels, Airbnb, rental cars, rideshare services, tolls, etc.)
1 point per dollar on all other eligible purchases
You’ll also earn 5 points per dollar when you book flights, hotel stays, rental cars, etc. through Chase Travel℠ (excluding expenses that are reimbursed by the card’s annual $50 hotel credit — we’ll talk about that in a minute).
How to use Chase points
You’ve got a lot of options when it comes to redeeming Chase points. You can cash them out at a rate of 1 cent per point; you can “buy” flights, hotels, and more through Chase’s proprietary booking platform, Chase Travel℠, at a rate of 1.25 cents per point.
But you’ll typically get the most travel (by far) when you convert points into airline miles and hotel points with Chase’s travel partners.
Here’s a quick look at all the loyalty programs that partner with Chase.
Aer Lingus
Emirates
IHG One
Singapore Airlines
Virgin Atlantic
Air Canada
Flying Blue (Air France and KLM)
JetBlue
Southwest
World of Hyatt
British Airways
Iberia
Marriott Bonvoy
United Airlines
PointsYeah lets you filter your award flights and hotel stays by bank program — giving you a quick and easy look at fun ways to use your Chase points no matter where you’re heading.
With the exception of that frigid white continent to the south, you can get just about anywhere with the current 60,000-point bonus.
PointsYeah also lets you set alerts to help you find inexpensive awards for super popular flights and hotels. I managed to book an $1,800 room at the Park Hyatt New York with 45,000 Chase points thanks to PointsYeah Hotel Alerts.
You’ll pay a $95 membership fee when you open the Chase Sapphire Preferred — and after every cardmember anniversary. But those who book even a couple of trips each year can easily justify the card’s fee.
Let’s take a quick look at the card’s best benefits. If you think these are worth more than $95 per year, the card is worth its annual fee.
Loads of statement credits
The Chase Sapphire Preferred comes with several credits and refunds. With very little effort, you could conceivably save hundreds of dollars per year:
$50 hotel credit. Each account anniversary year, you’ll get up to $50 in statement credits toward prepaid hotels booked through Chase Travel℠. If you regularly book your hotel stays through an online travel agency, like Expedia or Kayak, you’ll have no trouble using this credit.
DashPass membership. Get 12 months of free DashPass ($0 delivery fees, exclusive offers, and more) and $10 per month in non-restaurant orders when you activate the offer by Dec 31, 2027. DashPass otherwise costs $9.99 per month, so this is a nice value if you already pay for DoorDash.
Chase Offers. These are digital coupons and promotions that you can manually add to your card from your online account. Many times you’ll see offers that can save you money on purchases you planned to make anyway, such as gas, wireless services, streaming, etc.
Top-notch travelinsurance
The most compelling reason I keep the Chase Sapphire Preferred in my wallet year after year is its travel insurance. Coverage is automatic as long as you pay for your travel with the card. Here are some of the perks you’ll get:
Primary rental car insurance. Instead of paying the $10+ per day for a rental agency’s in-house insurance plan, the Chase Sapphire Preferred covers you up to $60,000 for theft and collision damage on most cars.
Trip delay insurance. If your flight is delayed by more than 12 hours (or requires an overnight stay), Chase will reimburse you for up to $500 in “reasonable” expenses — including a hotel night and meals.
Baggage delay insurance. When your bag is delayed by more than six hours, Chase will give you $100 per day (up to five days) to buy things that you need for your trip. This includes clothes, toiletries, a phone charger, etc.
Trip cancellation and interruption insurance. You’ll get reimbursed up to $10,000 per covered traveler (max $20,000 per trip) when your nonrefundable travel is canceled or cut short for a qualifying reason (such as inclement weather or injury).
Here’s an amusing/nightmarish anecdote: During a trip to Dublin, United Airlines lost my checked bag for over a week. Because I had paid for my flight with the Chase Sapphire Preferred, Chase reimbursed me for $500 in new clothes. And on the same trip, I ended up scraping my rental car and was charged $2,300 by the rental agency. I sent the bill to Chase — and they cut me a check for the full amount within a few weeks.
No foreign transaction fees
A lot of credit cards will stick you with a 3% fee when you make purchases outside the U.S. That can add up in a hurry, especially if you book expensive hotels or do a lot of shopping.
The Chase Sapphire Preferred waives this ridiculous fee — so it’s a great companion if you’ve got international travel plans.
There are a handful of questions you can ask yourself to quickly determine if the Chase Sapphire Preferred® Card is a good match for your wallet. Say yes to any of these and the card is a no-brainer.
Can you make $5,000 in purchases within the next three months? The card’s60,000-point bonus after spending $5,000 within the first three months is too good to pass up. Again — while the points are best used by transferring to airline and hotel partners, you could simply cash it out for $600. It’s like Chase is giving you a free $600 just to try the card out. That’s crazy.
Do you pay for travel insurance? You know how airlines and hotels often have a travel insurance add-on during checkout? If you typically opt for this coverage, the Chase Sapphire Preferred can save you a lot by giving you similar protections automatically.
Do you travel at least a couple times each year? For those who almost never travel, there are better cards out there with benefits that are more relevant to your lifestyle — such as cash back credit cards.
Do you spend a lot on dining, streaming, or online grocery shopping? The Chase Sapphire Preferred earns 3 points per dollar on eligible purchases in these categories. You could easily earn many tens of thousands of points each year from these expenses alone.
The Chase Sapphire Preferred isn’t more difficult to get than most other travel credit cards. Still, there are a few things that will guarantee you an application denial:
Credit score. The Chase Sapphire Preferred is recommended for those with a credit score of 670 or above. If your credit score isn’t quite there yet, keep exhibiting good credit habits. You’ll get there.
Chase “5/24 rule”. If you’ve opened five or more credit cards from any bank in the past 24 months (excluding most small business credit cards), you won’t be approved for the Chase Sapphire Preferred.
Sapphire 48-month rule. If you’ve earned a welcome bonus from a Chase Sapphire card in the past 48 months (including the Sapphire Preferred’s fancy sibling, the Chase Sapphire Reserve®), you aren’t eligible to earn another bonus.
One Sapphire rule. If you already hold the Chase Sapphire Preferred or Chase Sapphire Reserve, you’re not eligible to open another Sapphire card and earn the bonus. To open the Chase Sapphire Preferred again, you’ll have to either cancel your current card or downgrade it to a no annual fee Chase Freedom Flex℠ or Chase Freedom Unlimited®.
So yeah, that’s the deal
The Chase Sapphire Preferred® Card is one of our absolute favorite rewards credit cards. Chase has crammed a lot of great travel benefits inside its thin metal chassis.
And best of all, the card comes with a 60,000 bonus points after meeting minimum spending requirements.
