Chase Ultimate Rewards just announced it’s first ever transfer bonus. Through June 16, 2019 when you transfer your points to British Airways, you’ll receive a 30% bonus. This is quite an amazing deal and a great opportunity for those looking to use their British Avios points. Not only that, you can always transfer your British Airways Avios to Aer Lingus or Iberia (at a 1:1 ratio for both), meaning you can ultimately get the 30% bonus with those two loyalty programs as well.
With your Chase Ultimate Reward points all programs transfer at a 1:1 ratio, and transferring points to BA generally is one of the better values as well. So getting a 30% bonus on an already good transfer partner is definitely welcomed!
Since this promotion is going on for about two months, there is still also time to grab any Chase Ultimate Reward credit cards and transfer the points from the welcome bonus over to British Airways with the 30% bonus.
Overall…
This is definitely a great opportunity, although I would not transfer points over speculatively. Fortunately, you have two months to figure out where you are going to use your points and since the points transfer over instantly, you can search for award seats first, then transfer. I personally hope that this is a trend that continues with Chase and their loyalty partners!
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