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If you are familiar with credit card rewards programs, you'll notice that transferable rewards are considered the most valuable rewards. You can earn these rewards with some of the best travel credit cards. But what makes these rewards so valuable?
The first and most important reason transferable rewards are particularly valuable is that these rewards can be transferred to various airline and hotel loyalty programs. These loyalty programs vary depending on the credit card you use. So, if you are loyal to any particular airline or hotel program, check out transfer partners to make sure you will be able to transfer earned rewards to the loyalty program you need.
The second important reason is that you can accumulate transferable rewards as long as you want or need for an upcoming trip. Unlike airline miles, transferable rewards will not devaluate over time.
Another good thing about transferable rewards is that you can earn transfer bonuses, meaning you can transfer your rewards at a better ratio. A good transfer bonus can boost the value you can get from your transferable rewards. Transfer bonuses are offered from time to time for different transfer partners.
Here are rewards programs along with top credit cards that allow you to earn transferable rewards:
- American Express Membership Rewards: The Platinum Card® from American Express* and American Express® Gold Card*
- Chase Ultimate Rewards: Chase Sapphire Reserve®* and Chase Sapphire Preferred® Card*
- Citi ThankYou® Rewards: Citi Strata Premier® Card and Citi Rewards+® Card (expired offer)
- Capital One Venture Rewards: Capital One Venture X Rewards Credit Card and Capital One Venture Rewards Credit Card.
*Non-Monetized. The information related to Chase Sapphire Preferred® Credit Card, Chase Sapphire Reserve® Credit Card, The Platinum Card® from American Express, American Express® Gold Card were collected by Credit-Land.com and has not been reviewed or provided by the issuer of this product/card. Product details may vary. Please see issuer website for current information. Credit-Land.com does not receive commission for this product.