On the other hand, each program is limited by different transfer partners. (travelcodex.com)
These airlines belong to different alliances and some also come with different transfer ratios so it's important to note that when considering a transfer. (uponarriving.com)
Different award charts, different prices for tickets, and different transfer ratios make it difficult to say exactly what this means for the value of Membership Rewards points. (rewardexpert.com)