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American Express Membership Rewards is currently offering several transfer bonuses to airline partners. The most recent being a 50% bonus with Iberia, and now Amex is offering a 40% bonus on transfers of Membership Rewards to Alitalia’s MilleMiglia program.
The offer is valid through the end of the year (December 31, 2016, 23:59 Central Time). Bonus miles will be awarded at the time of the transfer with each Membership Rewards point yielding 1.4 miles. Points must be transferred in increments of 1,000 and for that you'll receive 1,400 miles. This deal is better than the recent bonus offer from October 2016 where the bonus was limited to 25% only.

Does It Make Sense to Transfer?
Performing the transfer is as simple as accessing your Amex account and initiating the transfer. Even though Alitalia recently made some changes to the MilleMiglia program in October, there is still some good value to be had thanks to this transfer.
One scenario would be a roundtrip business class award from the US to Europe. Alitalia charges 80,000 miles, and while you will pay fuel surcharges likely in the range of a few hundred dollars. With this transfer bonus the ticket would cost only 58,000 Membership Rewards; a tremendous value. There is also value to be had if you are looking to upgrade your class of service from economy to business class—which is great since the hard product on Alitalia’s business class is excellent, with some of the best catering to be had; on par with Turkish Airlines and Austrian’s outstanding catering.
Overall this deal can represent great value for anyone who is fully confident with the Alitalia MilleMiligia program, since it does have some unique quirks and turns that can make it somewhat complex to navigate. However, if you are set on traveling on Alitalia or using the airline for travel into Europe, then it is an excellent value. If you need a hand with a booking, you can always reach out to our award booking experts.
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