Here’s a nice surprise: Chase is offering its first-ever transfer bonus from Ultimate Rewards. You’ll get a 30% bonus on transfers to British Airways Avios through June 16th at 11:59pm ET.
- Get a 30% transfer bonus when transferring Chase Ultimate Rewards to British Airways Avios through 11:59pm ET on June 16, 2019
- Valid through June 16, 2019 at 11:59pm ET
- Bonus is applied on the British Airways end after the transfer is complete (so you’ll initially see a transfer ratio of 1,000:1,000 on the Chase end, but you’ll end up with 1,300 Avios).
One of the strengths I’ve previously noted about Membership Rewards over Ultimate Rewards (and indeed a strength shared by ThankYou points and Capital One miles) has been transfer bonuses. Until now, we’ve never seen one offered by Chase — hopefully, this is a sign of more to come.
It’s interesting that Chase notes that the bonus Avios are awarded by British Airways in your British Airways Executive Club account after the transfer is complete. The Points Guy confirms that the transfer and bonus post instantly and in one transaction, so it won’t make any difference in practice over Chase showing the bonus on the front end. By contrast, Amex usually shows the bonus automatically figured in when you go to transfer.
It’s nice that there is so much lead time on this transfer bonus. With nearly two months before it expires, there is plenty of time to hit up that fee-free Mastercard Gift Card deal at Staples this week or your other favorite way of increasing credit card spend in order to build up some more points to transfer if you’re in need of Avios. Since British Airways has a distance-based award chart, short flights (outside of North America) start at 4500 miles each way (before the bonus). You can also theoretically transfer Avios between British Airways and Iberia (or Aer Lingus), so this bonus should make it possible to take advantage of the strengths of any of the three (though note that some people have difficulty transferring between the programs and I believe it isn’t possible if your BA account is registered for family pooling).
As always, we have added this to our list of Current point transfer bonuses.
H/T: The Points Guy