Deal has now expired, view current & previous transfer bonuses by clicking here.
Update 11/15/18: Today is the last day for this deal.
The Offer
Direct link to offer (need to be logged in)
- You can currently receive a 40% transfer bonus when you transfer American Express Membership Rewards points to British Airways or Iberia Plus Avios. Normally you can transfer 1,000 MR points and receive 1,000 Avios, during this promotion you’ll receive 1,400 Avios instead (1:1.4)
The Fine Print
- Transfer bonus valid until November 15th, 2018
- Allow up to 48 hours for the transfer to be made (although these are usually done immediately)
Our Verdict
American Express frequently offers transfer bonuses for British Airways, you can view the history here:
- July 17th – September 17th, 2017: 40%
- July 13th, 2017: Transfer rate restored to 1:1
- August 10th – October 10th, 2016: 50%
- December 15th, 2014 – January 31st, 2015: 40%
- October 1st, 2015: Transfer rate decreased from 1:1 to 250:200
- October 15th – December 31st, 2013: 20%
- April 22nd, 2013 – June 7th, 2013: 35%
- December 3, 2012 – January 14, 2013: 30%
- August 28th, 2012 – September 27th, 2012: 40%
- March 15, 2012 – May 31, 2012: 50%
- March 1, 2012 – March 31, 2012: 50%
- November 28, 2011 – January 31, 2012: 30%
- June 1, 2011 – July 31, 2011: 50%
- February 2, 2011 – March 31, 2011: 40%
- November 2, 2010 – December 31, 2010: 30%
- April 1 – June 30, 2010: 20% (only for Platinum & Centurion cardholders)
You can more or less rely on a big transfer bonus later in the year. This bonus is definitely worth considering if you can make use of the Avios and some people might want to transfer offer to Iberia to help use up points from the previous 90k promotion earlier in the year.  They are also offering a 25% transfer bonus to JetBlue until October 1st. You can view a full list of all the transfer bonuses they have offered by clicking here.
Hat tip to MtM

