Similar to transferring points to airline partners in other
flexible point currencies like Amex Membership Rewards, you'll need to select the transfer partner and enter your loyalty program membership details.
Flexible points currencies like Chase Ultimate Rewards offer more protection against airline and hotel award program changes.
Not exact matches
Like other
flexible currencies, ThankYou
points can also be redeemed directly for airfare instead of transferring them to partners.
And taking the analysis even further, is it ever worth transferring a
flexible bank
currency to a hotel chain
like Hilton or Marriott or IHG when their
points are usually worth less than 1 cent each at best?
Most travel hackers take advantage of the loyalty programs of foreign airlines through
flexible points currencies,
like transfers of Chase Ultimate Rewards
points to British Airways Executive Club Avios, American Express Membership Rewards
points to Singapore KrisFlyer, or Citi ThankYou
points to Air France KLM Flying Blue.
Even with
flexible currencies, you'll often have redemptions worth closer to 2 - 3 cents per
point unless you're doing nothing but traveling internationally in business class (and I agree there are some people
like that, but not most people).
Unfortunately, unlike some other
flexible points currencies, transfers from SPG
points to miles are not instantaneous so there is a risk the award you would
like to book will be gone by the time the transfer goes through.
Like the Reserve card, the Chase Sapphire Preferred card is an Ultimate Rewards card, and Ultimate Rewards cards, as mentioned above, have the most
flexible point currency.