Welcome to the August 2024 edition of our monthly credit card transfer bonus update! Whether you’re a seasoned travel hacker or just starting out, staying on top of the latest transfer bonuses is crucial for getting the most out of your points and miles. This month, we’ve got a few standout offers that can significantly boost your travel plans, with generous bonuses from some of the most popular credit card programs.
Make sure to act fast on these offers, as they are time-sensitive and can disappear quickly. Let’s dive into the details and see how you can maximize your points this month.
New Transfer Bonuses for This Month
Here are the latest transfer bonuses available for August 2024. Be sure to check the terms and conditions for each bonus, as they can vary by issuer and transfer partner.
| Transfer From | Transfer Bonus | Expiration Date |
|---|---|---|
| Amex Membership Rewards | 30% bonus on British Airways Avios | 09/30/24 |
| Amex Membership Rewards | 30% bonus on Aer Lingus AerClub Avios | 09/30/24 |
| Amex Membership Rewards | 30% bonus on Iberia Plus Avios | 09/30/24 |
| Amex Membership Rewards | 20% bonus on Hawaiian Airlines miles | 08/31/24 |
| Capital One Miles | 20% bonus on Qantas Frequent Flyer miles | 08/31/24 |
Analysis of the Best Bonuses
This month’s bonuses offer a variety of options depending on your travel goals. Here’s our take on the best opportunities:
- American Express to British Airways/Aer Lingus/Iberia: The 30% bonus to British Airways, Aer Lingus and Iberia is a fantastic deal, especially if you’re planning to use Avios for short haul trips or if you are planning on taking advantage of sweet spot redemptions on Iberia. Remember that Avios can be transfered between each airlines, including Qatar.
- American Express to Hawaiian Airlines: Hawaiian Airlines’ award tickets can be more expensive compared to other programs, and the value of Hawaiian Miles is not as competitive. Therefore, this bonus might not be the best option unless you have a specific use case in mind.
- Capital One to Qantas: Qantas points can be valuable for booking flights on Qantas and its partner airlines, such as American Airlines. For example, you can book short domestic flights on American Airlines for 8,000 Qantas points, which would require only 6,700 Capital One miles during the bonus period. But check other redemption options to make sure you are getting the best deal.
Past Updates
This is our first Transfer Bonuses post. We will be providing future posts on these bonuses and will show the past updates. This will give you a frequency or compare old bonuses. Stay tuned!
Conclusion
The transfer bonuses available this month present a variety of opportunities to maximize your travel rewards. Whether you’re looking to book a luxurious long-haul flight or just want to stretch your points for a few extra nights at a hotel, these bonuses can help you get there faster. The Amex transfer to Iberia at 30% is very attractive if you can find a business class seat to Europe.
Act fast to take advantage of these transfer bonuses and maximize your travel rewards. Subscribe to our newsletter and check back on our website for future updates. Stay tuned for next month’s bonuses.
