Ten bank transfer bonuses are running in November: five from Chase, three from Capital One, and one each from Citi and Amex. The table puts our value for a point next to what it's worth with the bonus, plus what it's worth without the bonus, all at our Balanced values.
| Bonus | Last day | Our value | Moved normally | Moved with bonus |
|---|---|---|---|---|
| Citi to Cathay Pacific, +10% | Nov 14 | 2.3¢ | 2.8¢ | 3.1¢ |
| Capital One to Virgin Atlantic, +30% | Nov 20 | 2.2¢ | 2.4¢ | 3.1¢ |
| Capital One to Flying Blue, +20% | Nov 30 | 2.2¢ | 2.5¢ | 3.0¢ |
| Capital One to Copa, +30% | Dec 1 | 2.2¢ | 0.9¢ | 1.2¢ |
| Chase to British Airways, +30% | Dec 1 | 2.2¢ | 2.0¢ | 2.6¢ |
| Chase to Iberia, +30% | Dec 1 | 2.2¢ | 2.5¢ | 3.3¢ |
| Chase to Aer Lingus, +30% | Dec 1 | 2.2¢ | 2.1¢ | 2.7¢ |
| Chase to IHG, +80% | Dec 3 | 2.2¢ | 0.7¢ | 1.3¢ |
| Chase to Wyndham, +30% | Dec 3 | 2.2¢ | 0.7¢ | 0.9¢ |
| Amex to Marriott, +35% | Dec 10 | 2.5¢ | 0.7¢ | 0.9¢ |
The Cathay figures are for the Strata Premier, Strata Elite and Prestige. On Citi's other ThankYou cards, such as the Double Cash, Custom Cash and Strata, points move at 70% of that rate, so every Cathay figure is about 30% lower, unless you also hold one of the three above. The Chase figures are for the Sapphire Reserve. We value a Sapphire Preferred or Ink Business Preferred point at 2.1¢ (because of the Hyatt disparity), unless you also hold a Sapphire Reserve.
Where your points gain the most value
Chase to Iberia comes out on top. A Chase point we value at 2.2¢ turns into about 3.3¢ of Iberia Avios with the 30% bonus. Capital One to Virgin Atlantic and Citi to Cathay Pacific both are worth 3.1¢, and Capital One to Flying Blue is worth 3.0¢.
We value an Iberia Avios at 2.5¢ and a British Airways Avios at 2.0¢. Avios can move between British Airways, Iberia and Aer Lingus once the accounts are linked, though not in or out of an Iberia account in its first 90 days, so check where your trip prices lowest. Normally that is not with British Airways due to the surcharges at London Heathrow.
Cathay Pacific ends first, and the transfer has to finish by the end date
Citi's transfer page says the offer "is valid for points transfers to Asia Miles completed between 12:01 AM ET October 25, 2026 and 11:59 PM ET November 14, 2026." It also says "Transfers to Cathay Pacific are often completed within 24 hours, however the process may occasionally take up to 5 business days." Start it a week or more ahead to be safe.
Where your points edge out a small advantage
With the bonus, a Chase point we value at 2.2¢ reaches 2.7¢ at Aer Lingus and 2.6¢ at British Airways. Without it, both fall just short. They make sense only for a trip you've already priced in Avios.
Even IHG's 80% falls short of a Chase point's potential
It's the biggest number this month and still gets you less than a Chase point can reach elsewhere: about 1.3¢ in hotel stays, against the 2.2¢ we value it at. Wyndham's 30% takes a Chase point to 0.9¢. Amex's Marriott bonus is 35%, and it takes an Amex point we value at 2.5¢ to 0.9¢. Use them to finish off a specific stay that's a few thousand points short, or for a stay you want if you have plenty of points and don't want to pay for it.
Capital One's new bonus to Copa also gets you less than those miles can reach elsewhere, at about 1.2¢ a mile, or about 2¢ at Copa's cheaper Saver business price. We went through what a Copa mile is worth in its own post.
Cutoffs and timing
Chase and Capital One end their bonuses at 11:59 PM Eastern on the last day. Amex gives the Marriott cutoff as 11:59 PM Mountain time on December 10. It offers the bonus to "Eligible Card Members", so check that it shows on your own Marriott tile first.
Chase's tiles say "Point transfers may take up to 7 business days, but most process by the next business day." The airline or hotel adds the bonus after the transfer is complete. Transfers can't be reversed, so confirm the award seat or room is open before you send points anywhere.
Our transfer bonuses page lists each bonus we track, with its last day.
