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Chase Ultimate Rewards® transfer bonuses: Air Canada, Flying Blue, and IHG in December 2024

December 10, 2024: Chase has released a new set of Ultimate Rewards® point transfer bonuses through January 15, 2025 and two of them are incredibly useful: Air Canada Aeroplan® and Air France KLM Flying Blue.

If you hold a premium Ultimate Rewards® credit card, you can transfer your Ultimate Rewards points to any one of Chase’s 11 airline transfer partners and three hotel transfer partners. Transfers to travel partners are key to maximizing the value of your Ultimate Rewards points and a transfer bonus can provide opportunity to get additional value.

Here’s what you need to know about the current Ultimate Rewards transfer bonuses.

Current Chase Ultimate Rewards® transfer bonuses in December 2024

Here are the current transfer bonuses offered by Chase Ultimate Rewards®:

  • Air Canada Aeroplan®: 20% bonus. 1,000 points = 1,200 Aeroplan® points from December 4, 2024 through January 15, 2025.
  • Air France KLM Flying Blue: 20% bonus. 1,000 points = 1,200 miles from December 4, 2024 through January 15, 2025.
  • IHG One Rewards: 70% bonus. 1,000 points = 1,700 IHG points from December 4, 2024 through January 15, 2025.

My take: Aeroplan and Flying Blue transfer bonuses are great!

Personally, I transfer most of my Ultimate Rewards® points to Hyatt, but I’m excited about Aeroplan and Flying Blue transfer bonuses. Here’s why: These programs offer both great awards and are relatively easy to use.

Flying Blue is the program I personally use the most often to get SkyTeam awards across the Atlantic. Flying Blue monthly promo rewards are a great deal and I find the program useful for the occasional Delta flight domestically where the cash prices are outrageous, but Delta has opened up award availability to its partners. (Yes, this does still happen!)

And Aeroplan offers one of the most useful programs for booking Star Alliance awards. The prices are reasonable when there is award availability—although not often not absolutely the cheapest available. And I like being able to add a few extra miles onto your ticket to make it refundable.

As for IHG? I don’t think that this is a good deal, even with a 70% transfer bonus.

Regular Ultimate Rewards® point transfer rates

This table shows all Chase Ultimate Rewards® normal transfer rates.

Aer Lingus AerClub - American Express transfer partnerAer Lingus Aer Club1,000 points = Aer Club points
Flying Blue LogoAir France KLM Flying Blue1,000 points = 1,000 miles
Air Canada Aeroplan - American Express transfer partnerAir Canda Aeroplan1,000 points = 1,000 Aeroplan® points
British Airways Executive Club - American Express transfer partnerBritish Airways Executive Club1,000 points = 1,000 Avios
Emirates Skywards - American Express transfer partnerEmirates Skywards1,000 points = 1,000 miles
Iberia Plus - American Express transfer partnerIberia Plus1,000 points = 1,000 Avios
JetBlue TrueBlue - American Express transfer partnerJetBlue True Blue1,000 points = 1,000 True Blue points
Singapore Airlines KrisFlyer - American Express transfer partnerSingapore Airlines KrisFlyer®1,000 points = 1,000 miles
Southwest Rapid Rewards LogoSouthwest Rapid Rewards1,000 points = 1,000 Rapid Rewards points
United MileagePlus LogoUnited MileagePlus1,000 points = 1,000 miles
Virgin Atlantic Flying - American Express transfer partnerVirgin Atlantic Flying Club1,000 points = 1,000 Virgin points
IHG One Rewards LogoIHG One Rewards1,000 points = 1,000 IHG One Rewards points
Marriott Bonvoy - American Express transfer partnerMarriott Bonvoy®1,000 points = 1,000 Marriott Bonvoy point
World of Hyatt LogoWorld of Hyatt1,000 points = 1,000 World of Hyatt points

About the author

  • Photo of Aaron Hurd, credit card and travel rewards expert.

    Aaron Hurd is a credit card, travel rewards, and loyalty program expert. Over the past 15 years, he has authored over a thousand expert contributions published by leading outlets including WSJ, TIME, Newsweek, Forbes, NerdWallet, The Points Guy, Bankrate, CNET, and many others. He has also served in consulting roles for many of these same outlets, designing content strategy, hiring teams of teams of editors and contributors, developing thought-leadership pieces, and ghost-editing for senior editors. Aaron is well-known in the miles and points community and regularly presents about travel rewards at conferences like the Chicago Seminars and Minnebar. Aaron has enjoyed the game of optimizing credit card rewards since getting his first credit card shortly after he turned 18. He started learning about credit cards and travel rewards from the (now defunct) FatWallet Finance forums and FlyerTalk. He holds more than 40 open credit cards and has first-hand experience with almost every major credit card product.

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