Through July 31 American Express is offering a 50% bonus on transfers from Membership Rewards to British Airways Executive Club. The bonus only applies to the first transfer for each cardmember, and the bonus miles post immediately with the original transfer amount.
They had a 40% transfer bonus earlier in the year which was great, but this is truly incredible.
Executive Club charges 150,000 miles for a first class award on Cathay Pacific from North America to much of Asia, so through this promotion it’s only 100,000 Membership Rewards points. Similarly, business class on Cathay Pacific to most of Asia is 100,000 miles, so through this promotion it’s only 67,000 Membership Rewards points.
Business class on LAN from the US to South America is 80,000 miles, so through this promotion it’s only 54,000 Membership Rewards points.
It’s also worth noting that British Airways allows unlimited stopovers, though they have started imposing some fuel surcharges on partner awards too. I recently booked a Cathay Pacific award to Asia for someone and the taxes and fuel surcharges totaled around $400. Still, 67,000 miles plus $400 is beyond a steal for a business class award to Asia, especially with a stopover. Lastly, keep in mind that Executive Club awards get substantially more expensive when you book more than one airline on a single award.
Still, this is one I’ll most definitely be taking advantage of.
(Tip of the hat to Gary)