Why Transferable Points are Worth More than Other Rewards

Rewards points are a great way for travelers to get the most benefit from their credit card spending and cut costs on travel, hotels, car rentals, and a host of different retailers. Using Citi Thankyou Rewards, Chase Ultimate Rewards, Capital One Miles, and Bilt Rewards points, you can earn points for discounts and perks which can substantially cut your costs for both business and vacation travel.

Using the best travel credit cards, you can rack up reward points and then maximize them by taking advantage of exchange programs with partner hotels and air carriers. Where you choose to transfer your points will affect their value and how much money you are able to save.

The Value of Points Will Depend On Where You Redeem Them

You may be able to maximize the value of your credit card spending, or there is a danger that your points can actually devalue if you choose to spend them with certain loyalty schemes. For example, if you transfer points Chase has awarded you, you may find that the value when redeemed with Chase (2 cents) drops to below that when transferred to certain partners. So, it is worth researching which partners give you the most value for your reward points.

Why Are Transferable Credit Card Points Beneficial?

So, if the value of points is so changeable, why should you choose these instead of straightforward hotel and airline rewards points? In the article below we will look at the benefits that collecting transfer rewards points can bring to your travel and accommodation planning.

More Flexibility for Redemption Based on Value

Because of the fluctuating value of credit card points, it makes little sense to hoard airline miles or hotel points long term. But if you are looking to score a substantial discount by collecting a large number of points for a big trip – transfer rewards points may help you to ensure you get the best value.

You won’t be locked into redeeming your points with a carrier or hotel chain which has recently devalued their points and you can switch to other providers who have recently increased their valuations.

The value of award points is notoriously changeable. This year, the Virgin Atlantic Flying Club, Etihad Guest, United Airlines Mileage Plus, and Etihad Guest have all clashed redemption rates for their loyalty points. If you have all of your points locked in with one of these loyalty points programs, then you can find the value of your collected points has been severely limited.

Access a Variety of Different Hotel and Airline Loyalty Programs

As well as allowing you to shop around a little for the best redemption rates, you will also get more freedom to access benefits from different airline and hotel loyalty schemes. For example, you may increase a Chase Rewards point value depending on what airline you choose to redeem your points with.

If you have collected credit card points with a Delta SkyMiles credit card, your flight options for your next trip will be limited to Delta flights. But you may find that accessing a flight through an alternative airline is cheaper, or more suited to your needs. You may also find that you’ll be able to book better seats due to increased points value.

Increase the Value of Your Credit Card Welcome Offer or Transfer Bonus

If you sign up for a credit card offering transferable points, you will immediately access a valuable discount that can be redeemed with a wide host of airlines and hotels. And you can maximize these further by using a transfer bonus.

Many major credit cards offer transfer bonuses that increase the value at which you can redeem your points. This normally ranges around the 15 to 40% mark, but on special offer days can be more.

Using these transfer bonuses, you may be able to access even more favorable redemption rates with your chosen airline or hotel chain. You may even be able to access better seats and perks by redeeming your points using these offers.

Increase the Value of Your Points by Joining a Transferable Rewards Point Credit Card Program

So, as we have seen above, transferable rewards points offer you more flexibility when booking travel and hotels. And they also increase the value at which you can redeem your points so you get more rewards for your everyday credit card spending.

Here is a breakdown of some of the transferable rewards points programs and available Credit Cards.

American Express Membership Rewards

• The Platinum card from American Express.
• Platinum Cashback Everyday Credit Card
• American Express® Preferred Rewards Gold Credit Card
• The Business Platinum card from American Express
• The American Express Green Card.

[Bilt Rewards Card Loyalty Program](https://www.biltrewards.com/#:~:text=Earn 1x on Rent (up,Bilt with no transaction fees!)

• Bilt Mastercard.

Capital One Miles Rewards Program

• Capital One Venture X Rewards Credit Card
• Capital One Venture Rewards Credit Card
• Capital One Spark Miles for Business Card

Chase Ultimate Rewards Program

• Chase Sapphire Preferred Card
• Chase Sapphire Reserve
• Chase Ink Business Preferred Credit Card

Citi ThankYou Rewards

• Citi Premier Card
• Citi Rewards + Credit Card

To discover the best card and transferable points for you, you need to assess which program gives you the best flexibility and value for your personal travel plans and lifestyle. The value of points can vary, and when you transfer rewards points you can shop around and pick the best options for you.

Takeaway - Why Transferable Points are Worth More than Other Rewards

Using transferable credit card reward points, you will be able to ensure more flexibility and value when you redeem your rewards for hotels and travel. The value of points can vary and locking yourself into only being able to redeem with one airline, may not be the best way to access travel benefits with your everyday spending.

Applying for one of the rewards credit cards we have detailed above will allow you to start collecting transferable points and enjoy flexible rewards redemption rates in the future.