Marriott Rewards is offering a 20% bonus on points transfers to American AAdvantage between October 1 and October 31, 2014.
You can earn the bonus multiple times during the promotion period, and the bonus miles should be posted to eligible AAdvantage accounts within seven business days of the initial conversation activity being posted by Marriott Rewards.
There are two ways to convert Marriott Rewards points into AAdvantage miles:
The most straightforward way to convert Marriott Rewards points into AAdvantage miles is using their standard mileage conversion program:
As you can see, the transfer ratio is 2.8:1 at best. With a 20% bonus, you’d be earning 60,000 AAdvantage miles for 140,000 Marriott Rewards points.
For what it’s worth, I value Marriott Rewards points at ~0.8 cents each, while I value American AAdvantage miles at ~1.8 cents each. So by my valuation it’s almost a “fair trade.”
That being said, it’s not a rate at which I’d speculatively transfer points.
Hotel + Air Packages
One of the absolute best uses of Marriott Rewards points is for their Hotel + Air packages:
Through Hotel + Air packages you receive a set number of free nights plus a set number of miles as part of the package. These packages are in my opinion the best use of Marriott Rewards points to begin with, so the value only gets better when you add in a 20% bonus.
To put this into perspective, seven nights at a Category 1-5 property plus 120,000 miles will run you 270,000 Marriott Rewards points (which I value at ~$2,160).
The Renaissance Tuscany is a Category 5, and a great value through Hotel + Air
You’d earn a total of 144,000 AAdvantage miles through the promotion (which I value at ~$2,600 — more than the value of the Marriott points required for the package, in my opinion), plus seven free nights at Category 1-5 properties. That’s a heck of a deal.
There’s quite some value to be had here.
Hotel + Air packages are the best use of Marriott Rewards points to begin with. Add in the 20% transfer bonus, and you have a really compelling reason to redeem for one of these awards, in my opinion. Of course that requires having a lot of Marriott points, which I don’t have (fortunately).