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On September 1, American Express Membership Rewards launched 12 transfer bonuses. Among them is a 20% transfer bonus to Qantas Frequent Flyer. With this transfer bonus promotion, you will receive 600 Qantas points for every 500 Membership Rewards points you transfer.
The promotion is valid on transfers through September 30, 2022. You need to log in to your Membership Rewards account to see the promotion.
Qantas Transfer Bonus Key Terms
- The promotion is valid on transfers through September 30, 2022.
- Receive a 20% bonus when you transfer Membership Rewards to Qantas.
- Typically, points transfer at a ratio of 1:1 with a minimum transfer of 500 points.
- The bonus is hardcoded into the transfer, giving a new ratio of 500:600 points.
- Point transfers from American Express to Qantas typically post instantly.
Using Qantas Frequent Flyer Points
You can find some good value when using Qantas points to book partner awards. Qantas is a member of the Oneworld alliance, so you can use Qantas points on any Oneworld airline. Award flights start at just 8,000 points each way for flights up to 600 miles in distance.
That might not sound like very far, but it can come in handy for relatively-short flights that would otherwise be a long drive. For example, that's enough to cover flights from Dallas/Fort Worth (DFW) to Colorado Springs (COS) — a 12-hour drive:
With the transfer bonus, you'll need to transfer just 7k Membership Rewards to book this one-way flight.
Or, fly from New York to London for 24,500 points in economy one way. You would need to transfer 20,500 Membership Rewards points to have enough in your Qantas account for this booking.
If you want to splurge, the same flight will set you back 61,200 points in business one way. Factoring in the promotion 20% transfer bonus, that works out as 51k Membership Rewards points — which is an excellent deal.
This 20% transfer bonus certainly isn't the best deal we've seen. But, it can be useful in niche cases — such as short-haul flights on partner airlines. If you are looking at a specific partner award that is good value, then this promotion has arrived just in time! If you're eyeing a redemption with Qantas, the fact you can now transfer Membership Rewards with a 20% bonus makes your redemption that much sweeter.
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