Sunday, 27 May 2012

Travel Hacking - Tip #14 – Transfer / Exchange Points and Miles

There are numerous options for exchanging points and miles from one program into another e.g. Starwood and Ultimate Rewards points have numerous transfer options to airline and hotel points.  With these and other transfer options, sometimes the exchange rate is great and sometimes it’s not so good e.g. with but when you need extra points to get that coveted award it’s important you know what your options are.

There is a very useful point conversion calculator at WebFlyer here. It shows how you can convert from one award partner to another.  It also lists options for how to top up a specific account.

You should also keep your eyes open for limited time deals and promotions e.g. American Express are currently offering (until May 31st) a 50% bonus on Amex Membership Reward Points transferred to British Airways Avios points.  As I mentioned here I have signed up for numerous credit card sign-up bonuses including the 180,000 MR points I earned from applying for 2 AMEX credit cards, so today I availed of the transfer bonus into 270,000 Avios points which posted instantly.  I had already got the bonus of 100,000 Avios points from signing up for a British Airways Visa credit card so now I have 370,000 Avios points for future trips by simply opening 3 credit cards. Not bad for a few minutes work.  Let me know of any good transfer promos you know of.

Check out the rest of my travel hacking tips here.
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