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It’s the moment many have been waiting for. We’re talking about the FIRST-EVER Chase Ultimate Rewards transfer bonus. For a limited time, your 1:1 Ultimate Rewards point transfers to British Airways are worth 30% more. Every 1,000 Chase Ultimate Rewards points transferred through June 16, 2019, are worth 1,300 Avios.
If you have been keeping tabs, 2019 has been an exciting year so far for the Chase Ultimate Rewards cards. One recent change was increasing the Chase Sapphire Preferred® Card signup bonus to 60,000 bonus points worth $750 in award travel. This is earned after spending $4,000 in purchases in the first 3 months of account opening.
Now, you can earn more bonus transfer points. These point transfers happen almost instantly which means you can immediately book an award flight using your bonus points. You can also make multiple transfers and reap the 30% bonus on every transferred point.
Chase Ultimate Rewards Transfer Bonus Details
These are the basic details of the 30% British Airways transfer bonus:
- Ends 11:59 pm EST on June 16, 2019
- Must transfer points in 1,000-point increments
- British Airways adds the bonus points into your Executive Club account
- Can earn unlimited bonus points
You will see the transfer bonus details in the British Airways Executive Club transfer points section in the Ultimate Rewards redemption portal.
In the Ultimate Rewards portal, it will appear that you are still only receiving the 1:1 transfer ratio instead of the enhanced 1:1.3 ratio. Don’t worry. The bonus points will show once you log into your British Airways Executive Club account.
Chase requires you transfer Ultimate Rewards points in 1,000 point increments. You receive 300 bonus Avios for every 1,000 Avios transferred during this promotion.
Only transfers completed through June 16, 2019, receive the 30% bonus.
You can only transfer points with your:
- Chase Sapphire Preferred® Card
- Chase Sapphire Reserve®
- Ink Business Preferred® Credit Card
If you have a Chase Freedom, you can transfer your points by accessing them through your Sapphire account.
If you don’t own a Sapphire product or the Ink Business Preferred® Credit Card yet, you can still qualify for this bonus for any points you deposited into your Ultimate Rewards account that can be transferred through June 16, 2019.
Is This Chase Ultimate Rewards Transfer Bonus a Good Deal?
Should you take advantage of this first-ever Ultimate Rewards signup bonus? After all, it’s not every day you can get free bonus points. Not to deflate Chase’s bubble, but American Express Membership Rewards has periodic British Airways transfer bonuses. The most recent transfer bonus was worth 40% to British Airways and Avios partners Iberia and Aer Lingus.
However, this is an exciting milestone for the Chase Ultimate Rewards program which many consider as the most valuable and flexible travel rewards points.
If you plan on redeeming Avios soon, the 30% bonus can be worth it. We don’t know when the next British Airways transfer bonus will appear. Some people also transfer now to stockpile points in their frequent flyer account. Although point transfers can’t be reversed, transfer bonuses add an extra incentive to start saving for your next award flight.
30% Transfer Bonus vs. 25% Chase Travel Redemption Bonus
The Chase Sapphire Preferred and Chase Ink Business Preferred® Credit Card cardholders have the extra benefit of a 25% redemption bonus when booking a flight through the Ultimate Rewards travel portal. Before transferring points, compare award flight prices when booking directly through British Airways and on the Chase.
It’s possible the 30% transfer bonus will make your Avios more valuable than booking the same flight through Chase. As short-haul award flights start at 4,500 Avios booked through British Airways, it’s possible that booking directly through the airline can make each point worth at least 2 cents each.
Redeeming British Airways Avios
There are several ways you can find good value booking award flights through British Airways. One obvious way is to book transatlantic flights from the U.S. to England. The only problem is that British Airways charges a fuel surcharge on these long routes that can still make it feel like you purchased your flight with cash. Not so rewarding, huh?
These are some of the less obvious ways you can maximize this Ultimate Rewards transfer bonus.
Intra-Europe and Intra-Asia Flights from 4,000 Avios
Award flights shorter than 650 miles start at 4,000 Avios plus fees and taxes within Europe or Asia. You may want to fly another carrier to get across the ocean. Then you can use Avios to visit various islands and countries. Expect to pay 500 Avios more for peak season flights. Also, keep an eye on the cash surcharges which are still relatively high depending on which airports you travel between.
For instance, you can fly from Madrid to Lisbon on Iberia for 5000 Avios plus $21.96 in fees and taxes. Another option is flying from London to Paris for 4000 Avios plus $44.21.
When flying around Asia, partner airlines include Malaysia Airlines, SriLankan, and even Japan Airlines.
Domestic U.S. Flights from 7,500 Avios
American Airlines is one of the more exclusive legacy carriers in terms of booking award flights with credit card points not earned through one of their co-brand credit cards. It so happens you can use Avios to book award flights with oneworld alliance members.
Continental American Airlines flights shorter than 1,150 miles only cost 7,500 Avios plus fees and taxes. One of the best routes is flying from New York to Chicago for 7,500 Avios plus $5.60 each way. This same flight on United (another 1:1 Chase transfer partner) costs 12,500 miles.
U.S. West Coast to Hawaii for 12,500 Avios
Another exciting option is one-way economy flights from the U.S. west coast to Hawaii for only 12,500 Avios plus $5.60 on American or Alaska Airlines. A business class seat can cost 37,500 Avios plus $4.30 if you want to spring for the premium experience. These are some of the best award flights to Hawaii as a roundtrip award ticket can cost as much (or less) than a one-way award seat with other carriers.
If you can fly from some of the westernmost continental U.S. cities including Los Angeles, San Francisco, or Seattle, this is an excellent reason to transfer your Ultimate Rewards points.
Summary of the First Chase Ultimate Rewards Transfer Bonus
The 30% British Airways transfer bonus will be the first of (hopefully) many Ultimate Rewards transfer bonus opportunities to come. Through June 16, 2019, your standard 1,000 point transfers become 1,300 Avios. This bonus works for multiple transfers and completes almost instantly. If you’re ready to book a flight on British Airways, think about transferring your Ultimate Rewards points to squeeze more value from some of the best credit card points.
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Chase Sapphire Preferred® Card
- Our best offer ever! Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards®.
- Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 100,000 points are worth $1,250 toward travel.
- With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
- Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
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Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.