Current Transfer Bonuses November 2026: Every Active Points Promo Ranked

Last Updated: November 4, 2026

The biggest transfer bonus on the board this month is 80%, and it is not the best one. That is the core lesson of the current transfer bonuses November 2026 lineup: Chase is offering 80% to IHG, but a 30% bonus to Virgin Atlantic or Avios delivers more value per point moved for most travelers. This guide lists every active promo, ranks them by real redemption value rather than headline percentage, and flags which ones to skip.

If you only have time for one decision: transfer only when you have a specific award with confirmed award space. A bonus on points you never use is not a bonus.

Every Active Transfer Bonus in November 2026 at a Glance

Chase opened the month with five new promotions on November 1. Amex and Capital One carried offers over from late October and added more. Below is every active offer confirmed as of November 6, 2026, along with the TPG valuation of the destination currency, which is a useful starting point for comparing offers.

Program	Partner	Bonus	Effective Ratio	Ends	Partner Value (TPG)
Chase	British Airways, Iberia, Aer Lingus Avios	30%	1:1.3	Dec 1	~1.35 cents
Chase	IHG One Rewards	80%	1:1.8	Dec 3	~0.6 cents
Chase	Wyndham Rewards	30%	1:1.3	Dec 3	~0.55 cents
Amex	Virgin Atlantic Flying Club	30%	1:1.3	Nov 30	~1.5 cents
Amex	Marriott Bonvoy	35%	1:1.35	Dec 10	~0.75 cents
Capital One	Virgin Atlantic / Virgin Red	30%	1:1.3	Nov 20	~1.5 cents
Capital One	Air France-KLM Flying Blue	20%	1:1.2	Nov 30	~1.45 cents
Capital One	Copa ConnectMiles (new partner)	Launch bonus	~1:0.975	Dec 1	Not yet valued

For comparison, TPG currently values Chase points at 2.05 cents, Amex Membership Rewards at 2.0 cents, and Capital One miles at 1.85 cents. Those bank valuations reflect flexibility, which is exactly what you give up when you transfer.

To see how this month compares, review the current transfer bonuses for October 2026. Several hotel offers carried over, while the airline mix shifted.

Chase Ultimate Rewards Transfer Bonuses This Month

Chase points holders have the most options this month, but only one of them is a clear win for most people. All three offers launched November 1.

30% to Avios (British Airways, Iberia, Aer Lingus)

Every 1,000 Chase points becomes 1,300 Avios through December 1. Because Avios can be moved between British Airways, Iberia, and Aer Lingus accounts (after meeting each program’s linking rules), this single bonus effectively covers three airline programs. That flexibility is the main reason it ranks highly.

80% to IHG One Rewards

A 100,000-point transfer becomes 180,000 IHG points through December 3. It is the highest major bank transfer bonus listed right now. The catch is that IHG points are worth roughly 0.6 cents each, so even with the bonus, each Chase point is worth about 1.08 cents in IHG value. Our earlier analysis of the Chase to IHG transfer bonus covers when even a larger bonus made sense.

30% to Wyndham Rewards

Through December 3, 1,000 Chase points become 1,300 Wyndham points. At about 0.55 cents per Wyndham point, the effective return is roughly 0.72 cents per Chase point. That is weak unless you have a specific high-value Wyndham or Vacasa booking in mind.

Amex, Capital One, Citi, and Bilt Transfer Bonuses This Month

Outside Chase, the strongest airline offers belong to Amex and Capital One, and both point toward Virgin Atlantic.

Amex Membership Rewards. The 30% Virgin Atlantic Flying Club bonus runs through November 30. The 35% Marriott Bonvoy bonus runs from October 25 through December 10 and is available to U.S. Membership Rewards accounts, converting 1,000 Amex points into 1,350 Marriott points. The Virgin offer is the more useful of the two by a wide margin. See Amex transfer partners ranked for 2026 for broader context.

Capital One. Three offers are live:

• 30% to Virgin Atlantic and Virgin Red through November 20, the earliest deadline this month. 10,000 Capital One miles becomes 13,000 Virgin points.
• 20% to Air France-KLM Flying Blue through November 30. The minimum transfer is 1,000 miles.
• Copa Airlines ConnectMiles, added as a new partner on November 2. The standard ratio is 2:1.5, but a launch promotion reportedly lifts the result to 975 ConnectMiles per 1,000 Capital One miles through December 1.

Not every major source lists the Copa offer yet, so confirm it inside the Capital One transfer screen before moving miles.

Citi ThankYou. No Citi transfer bonus was confirmed as active as of November 6. Citi frequently launches mid-month offers, so check the ThankYou portal before assuming nothing is available.

Bilt. Bilt’s November Rent Day focused on hotel deals and a gift card promotion rather than a standard airline transfer bonus. Details are in our Bilt Rent Day November 2026 guide.

Devaluation watch. No partner award chart changes announced since October have been confirmed for these programs. Even so, Virgin Atlantic, Flying Blue, and the hotel programs all use some degree of dynamic pricing, so prices can move without notice.

How We Rank Transfer Bonuses: Effective Cost per Award

Headline percentages are misleading because the destination currencies are worth very different amounts. The ranking below uses two measures.

1. Value per bank point transferred. Multiply the partner’s estimated value by the bonus ratio:

• Virgin Atlantic: 1.5 x 1.3 = about 1.95 cents
• Avios: 1.35 x 1.3 = about 1.76 cents
• Flying Blue: 1.45 x 1.2 = about 1.74 cents
• IHG: 0.6 x 1.8 = about 1.08 cents
• Marriott: 0.75 x 1.35 = about 1.01 cents
• Wyndham: 0.55 x 1.3 = about 0.72 cents

2. Effective points cost of a real award. Divide the miles required by the bonus ratio, then add taxes, fees, and fuel surcharges. A 50,000-mile award with a 30% bonus costs about 38,462 bank points.

Then compare that against the cash fare. If the cash price is low, paying cash and keeping your transferable points usually wins. This is the same framework covered in when to transfer points and when to wait.

Valuations are averages, not guarantees. Your actual cents per point depends on the specific redemption.

Bonuses Worth Moving Points For Right Now

These four offers can deliver strong value when award space is confirmed first.

1. Virgin Atlantic 30% (Amex and Capital One)

This is the strongest airline offer of the month on a value-per-point basis. Virgin Atlantic Flying Club is useful for partner awards on Delta and other partner airlines, as well as Virgin’s own Upper Class.

Example: Assume a partner business class award prices at 50,000 Virgin points one-way. With the bonus, that costs about 38,462 Amex points or Capital One miles. If the cash fare is $3,500 and taxes are $100, the redemption returns roughly 8.8 cents per bank point.

Tradeoffs: Virgin’s own flights out of London carry significant surcharges and fees, and partner pricing has shifted toward dynamic levels in recent years. Capital One’s offer ends November 20, so Capital One holders have less time to search.

Best for: Travelers with confirmed partner space or a Virgin Atlantic Upper Class itinerary where surcharges are acceptable. Not for: Anyone transferring speculatively.

2. Chase to Avios 30%

The Avios bonus is the most flexible offer this month because one transfer can support British Airways, Iberia, or Aer Lingus awards.

Example: Assume Iberia business class between the U.S. East Coast and Madrid prices at 34,000 Avios one-way during off-peak dates. After the bonus, that costs about 26,154 Chase points, plus moderate taxes and fees. Against a $2,500 cash fare, that is roughly 9 cents per point before fees.

Short-haul flights on partner airlines priced by distance can also be a sweet spot for domestic and regional hops.

Tradeoffs: British Airways flights carry high surcharges on many routes. Iberia and Aer Lingus routes tend to have lower fees. Off-peak dates matter significantly.

Best for: Iberia business class, Aer Lingus transatlantic, and short-haul partner flights. Not for: Travelers set on booking British Airways long-haul from London with heavy surcharges.

3. Capital One to Flying Blue 20%

Flying Blue’s monthly Promo Rewards can stack with this bonus to produce low effective costs on Air France and KLM business class.

Example: Assume a business class award to Paris prices at 50,000 Flying Blue miles. With the 20% bonus, that costs about 41,667 Capital One miles. Taxes and surcharges from the U.S. are typically moderate rather than extreme.

Tradeoffs: Flying Blue uses dynamic pricing, so award prices can rise on popular dates. A 20% bonus is smaller than other offers, so it only makes sense with a specific itinerary in mind. If you hold Citi points, our Citi Flying Blue transfer bonus guide explains past offers.

4. Capital One to Copa ConnectMiles Launch Bonus

The Copa offer is a strategic play rather than a clear value winner. The launch bonus temporarily brings an inferior 2:1.5 standard ratio close to 1:1, and ConnectMiles can be used on Copa flights and Star Alliance partner awards.

Tradeoffs: The program has not been valued yet, partner award availability through ConnectMiles has not been widely tested, and the offer should be verified in your account first. Treat this as worth testing with a specific award, not a speculative transfer.

Bonuses to Skip and Why

Most readers should skip these three offers, despite the eye-catching headlines.

5. Chase to IHG 80% (Situational)

At about 1.08 cents per Chase point, IHG is worth roughly half of Chase’s 2.05-cent valuation. The break-even point is clear: IHG redemptions need to be worth at least 1.14 cents per IHG point to match the Chase valuation.

Example where it works: A luxury IHG property prices at 70,000 points per night and costs $850 in cash. After the bonus, that night costs about 38,889 Chase points, which yields roughly 2.2 cents per Chase point. Using the fourth-night-free benefit for IHG credit cardholders can improve that further.

When to skip: Standard hotel nights priced at 0.5 to 0.7 cents per IHG point.

6. Amex to Marriott 35%

Even with the bonus, Amex points are worth only about 1 cent each when converted to Marriott points. That is half of the Amex valuation. The offer only makes sense to top off an account for a specific award, especially when used with the fifth-night-free benefit. Read more on our page about the Amex to Marriott 35% transfer bonus.

7. Chase to Wyndham 30%

At about 0.72 cents per Chase point, this is the weakest offer this month. Skip it unless a specific Wyndham award, such as a high-priced vacation rental, prices well above average.

Transfer Bonus Rules: Timing, Minimums, and Irreversibility

A transfer bonus is a temporary boost to the normal transfer ratio between a bank program and a partner. You claim it by transferring points during the promotion window. There are no enrollment requirements for these offers, and no fees, but the following rules still apply.

Transfers cannot be undone. Once points leave Chase, Amex, or Capital One, they cannot be returned. This is the biggest risk with any transfer bonus.

Timing varies. Most transfers are instant, but some partners take one to two days. The bonus portion may post separately. Don’t move points on the last day of a promotion if you need them right away.

Minimums apply. Most programs require at least 1,000 points and increments of 1,000.

Deadlines are firm. Capital One’s Virgin offer ends November 20, Amex Virgin and Capital One Flying Blue on November 30, Chase Avios and Copa on December 1, Chase IHG and Wyndham on December 3, and Amex Marriott on December 10.

Bonuses only reduce points costs. Taxes, fees, and fuel surcharges are not affected.

Combining bonuses is possible. You can pool points from Amex and Capital One into one Virgin Atlantic account, for example. For more, see our guide to stacking transfer bonuses.

Common pitfalls to avoid:

• Transferring before confirming award space
• Mismatched names between accounts
• Ignoring surcharges
• Treating a bonus as a reason to transfer without a plan
• Missing the earliest deadline

FAQ

Which November 2026 transfer bonus is best overall? The 30% Virgin Atlantic bonus from Amex or Capital One offers the highest estimated value per point moved. Chase’s 30% Avios bonus is a close second and is more flexible.

Is the 80% Chase to IHG bonus worth it? Only for redemptions worth more than about 1.14 cents per IHG point, such as premium properties or fourth-night-free stays. Avoid it for standard nights.

How long do bonus transfers take to post? Most transfers post instantly or within a day. Some partners take longer, and bonus points occasionally arrive separately.

Do transfer bonuses work for international flights? Yes. Virgin Atlantic, Avios, Flying Blue, and Copa all serve international routes and partner flights. The bonus reduces the miles required but not the taxes or surcharges.

Should I transfer now for travel next year? Only if you have a specific need. Points sitting in an airline account face devaluation risk. Points kept in a bank program stay flexible.

Conclusion

The current transfer bonuses in the November 2026 lineup reward travelers who rank offers by value, not percentage. The Virgin Atlantic and Avios offers are worth acting on with confirmed award space, Flying Blue and Copa are situational, and the hotel offers generally lose value.

The next step is practical: search award space on Virgin Atlantic partners now if you hold Capital One miles, since that offer ends November 20 first. For the full list of ratios, see our credit card transfer partners chart.