Points Earning Strategies, Points Redeeming, Travel Tips

July 24, 2023

Transfer Bonuses and Speculative Points Transfers

Episode Description

Is it a good idea to speculatively transfer points from a credit card account to an airline account? This is a particularly relevant question this week because three of the major transferable points currencies (Amex, Chase, and Capital One) are currently offering transfer bonuses when you move points from your credit card accounts to specific airline transfer partners for a limited time.

Transfer bonuses offer a unique opportunity to get even more value from your points. However, whether or not it’s really a good idea to speculatively transfer your flexible points to take advantage of a bonus is a subjective matter that you need to seriously consider before committing.

Tune in this week to discover whether it’s a good idea to speculatively transfer your flexible points to take advantage of bonuses. I’m sharing the specific offers that are on the market as of July 2023, and I’m showing you the risks you need to consider when trying to maximize the potential value of your transferable points.

What You’ll Learn from this Episode

  • What a transfer bonus is and how they can help you maximize the value of your transferable points.
  • Some of the specific transfer bonuses that are currently available for your flexible points.
  • What to consider when deciding what airline frequent flier programs will give you the best value.
  • Why you might decide not to take advantage of a transfer bonus offer from an airline.
  • The taxes, fees, and surcharges you need to be aware of regarding certain airlines’ frequent flier programs.
  • How to maximize the potential value of your points using the right transfer bonus offers for your specific requirements.

Featured on the Show:

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Point Me to First Class is the show for professionals and business owners with higher-than-average personal or business expenses, who want to learn to leverage these expenses into credit card points they can spend on travel.

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