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American Express just launched a new 30% bonus for transferring Membership Rewards points to Marriott Bonvoy. Typically, points transfer from Amex to Marriott at a 1:1 rate. That means you'll get 1.3 Marriott points for every 1 Membership Rewards point after the 30% bonus. As you'll see below, that's not the best deal, but this offer may still be worth taking advantage of.
Amex-Marriott Transfer Bonus Offer Terms
- Get 1,300 Marriott Bonvoy points per 1,000 Amex Membership Reward points transferred
- Offer valid until December 31, 2020
- Transfers must be made in increments of 1,000 Membership Rewards points
- Amex notes that transfers may take 5 days. However, AwardWallet points transfer tracking shows that a 1-day transfer time is typical.
- This transfer bonus only appears when users log in. So, it's possible that this transfer bonus is targeted.
Note that you will need to reenter your Marriott Bonvoy membership number into Amex if you have not transferred Membership Rewards points to Marriott since January 1, 2015.
Is This Marriott Transfer Bonus Worth It?
This Marriott transfer bonus doesn't provide a compelling opportunity for many travelers. Marriott Bonvoy points are generally worth around 0.8 cents each. So, even after the transfer bonus, you're only getting 1.04 cents in value per Membership Rewards point. There are a lot of other uses for Membership Rewards points that provide a higher value.
However, transferring points can make sense depending on your situation. If you have an immediate need for Marriott points—or are using your Marriott points for very high value—it can make sense to take advantage of this promotion.
I had a good friend spend a couple of weeks in the Maldives. If you wanted to follow suit and take a much-needed vacation, you can use your Marriott Bonvoy points at one of five Marriott properties in the Maldives:
You'll need to transfer at least 47,000 Membership Rewards points (before the transfer bonus) per night to book the least-expensive property. That may not sound bad. However, hotel rates have cratered due to the pandemic. So, you'll want to do the math to see if it makes more sense to book with cash or use points through AmexTravel instead.
Earn Marriott Bonvoy Points Through Credit Card Bonuses
Don't forget, you can currently earn 30,000 bonus points when signing up for the $0 annual fee Marriott Bonvoy Bold™ Credit Card.
We love American Express Membership Rewards for their value and versitity. But at a 1:1 transfer rate, it rarely makes sense to transfer points to Marriott Bonvoy. And even with a 30% bonus, it still doesn't make sense for most cardmembers to transfer their valuable Membership Rewards points. With that said, this promotion helps sweeten the pot if you need to top off your Marriott account for a redemption.
Will you utilize this Marriott transfer bonus?
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