If you have a stash of AMEX Membership Rewards points and love Avios you may want to transfer point to British Airways today. As of tomorrow the transfer ratio from Membership Rewards to British Airways drops from 1K:1K down to 250:200.
It’s an odd change. After all, transfers to Avios have been bonused relatively frequently.
I do still think we’ll still see bonus promotions in the future, but a 25% bonus will only bring the transfer back to parity. A 40% bonus will mean that 1,000 AMEX points will net 1,120 Avios instead of 1,400.
Chase Ultimate Rewards will continue to transfer into British Airways Avios at a 1K:1K ratio and Starwood Starpoints will continue to transfer into British Airways Avios at a 20K:25K ratio.
So what’s the best card for everyday spending if you want Avios going forward?
-The Chase British Airways Visa has a limited time signup bonus of up to 100K Avios, but after you hit that bonus you’ll only earn 1 Avios per dollar spent. (This card no longer offers 1.25 Avios per dollar spent like it used to until earlier this year)
-The Chase Freedom, Chase Ink Plus or Chase Ink Cash cards offer the opportunity to earn up to 5 Avios per dollar, but everyday purchases will earn just 1 per dollar (unless you use those cards to buy gift cards at 5 points per dollar and use the gift cards for your everyday spending)
-The Starwood Consumer AMEX and the Starwood Business AMEX effectively earn 1.25 Avios per dollar spent, though if those transfers aren’t done in 20K increments the ratio falls from 1:1.25 to 1:1 and unlike Membership Rewards and Ultimate Rewards, transfers from Starwood aren’t instant. Still, this is likely the best option if you’re just looking to maximize your Avios earnings for everyday spend.
–The Amex EveryDay Preferred Credit Card earns between 1.5-4.5 Membership Rewards everywhere, contingent on using your card 30 times in that statement period. With the new 250:200 ratio there are better options than transferring those points to British Airways, but even if you do you’ll still earn an effective 1.2 Avios per dollar spent. Of course if you wait for a British Airways bonus transfer period (assuming those return) you can do better than that.
How will this change what credit card you use? Will you transfer lots of points from AMEX to British Airways before October? Sound off in the comments!