{"id":65778,"date":"2024-01-01T13:00:45","date_gmt":"2024-01-01T13:00:45","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/01\/01\/why-all-travelers-should-earn-transferable-credit-card-points-the-points-guy\/"},"modified":"2024-01-01T13:00:45","modified_gmt":"2024-01-01T13:00:45","slug":"why-all-travelers-should-earn-transferable-credit-card-points-the-points-guy","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/01\/01\/why-all-travelers-should-earn-transferable-credit-card-points-the-points-guy\/","title":{"rendered":"Why all travelers should earn transferable credit card points – The Points Guy"},"content":{"rendered":"


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If you’re looking to up your travel game in 2024, there’s one important strategy you can pursue: Focus on earning (and then redeeming) transferable credit card rewards<\/a>.<\/p>\n

Transferable points are, simply put, the most valuable type of currency to earn in the points and miles world. This is entirely due to their versatility. American Express<\/a>, Bilt<\/a>, Capital One<\/a>, Chase<\/a> and Citi<\/a> offer rewards credit cards<\/a> with points you can transfer to various flight and hotel partners.<\/p>\n

This can be especially valuable when you hope to travel in a premium cabin or want to minimize the number of points or miles you redeem for an award. Instead of being limited to a single airline (and its partners) or one hotel program, you can leverage your rewards to book the best available option for the lowest possible price.<\/p>\n

And if you’re looking to optimize your redemptions this year, learning how to transfer your credit card rewards can be one of the most important steps.<\/p>\n

Here is a guide on which cards earn transferable points, when you should transfer points, and which airlines and hotels partner with each program.<\/p>\n

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Why are transferable points so valuable?<\/h2>\n

In short, transferable point currencies offer flexibility when it’s time to use your rewards to book travel. For example, if you have a large stash of American Airlines AAdvantage miles<\/a>, you can only redeem your miles on American and its partners. However, you have many more options if you have a big balance of Chase Ultimate Rewards points<\/a>. Here are just a few:<\/p>\n

You could also transfer points to the World of Hyatt<\/a> for luxurious hotel stays.<\/p>\n

You’re in the driver’s seat, as you can hold on to your hard-earned rewards until you find a specific trip you want to book.<\/p>\n

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When should you transfer points?<\/h2>\n

There are seemingly infinite ways to use your points \u2014 flights, hotels, gift cards, merchandise and more. It can be quite complex. While you shouldn’t consider your loyalty program account balances as long-term investments<\/a>, you should <\/em>ensure that you spend your points just like hard-earned money: with strategy and efficiency. It becomes critical to determine when to transfer points to partners versus redeem them in other ways<\/a>.<\/p>\n

When you want to redeem your transferable points on flights, there are several ways to go about it. You can purchase them through the travel site specific to the bank (like the Chase Ultimate Rewards portal<\/a> or Amex Travel<\/a>), or you can transfer your points to a frequent flyer program and book flights based on that program’s award rates. While your end goal is the same \u2014 book a flight using your rewards \u2014 the costs can vary widely.<\/p>\n

If you need to book a last-minute flight (for a spontaneous trip or due to a family emergency) or are looking at a premium-class ticket or luxury hotel room with a high price tag, transferring your points can make for a fantastic redemption.<\/p>\n

For example, I’m taking a trip to the Philippines next March, and our first three nights are at the Grand Hyatt Manila. Booking directly through Hyatt would set me back 49,168.77 Philippine pesos (roughly $882 at current exchange rates, or $294 per night).<\/p>\n

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