Welcome to Point Me to First Class, the only show for employed professionals, entrepreneurs,

and business owners who are looking to optimize their higher than average expenses to travel the world.

I'm your host, Stephen Gimbleimble and I believe that your expenses are your

greatest untapped asset if you know how to leverage them. Ready to dive into the world

of credit card points and miles so you can travel more, travel better, and travel often.

Let's get started.

Hey everybody,

welcome back to the podcast.

Today I want to talk about the question

of whether it's a good idea to speculatively transfer points

from a credit card account to an airline account

or whether it's not a good idea to speculatively transfer points.

And the reason that this is a particularly relevant question this week

is that three of the major transferable points currencies,

American Express, Chase, and Capital One, are currently

offering transfer bonuses when you move points from your credit card account to specific

airline transfer partners for a limited time. Transfer bonuses

offer a unique opportunity to get even more value from your points. So before we

dive in to whether it's a good idea or not to speculatively transfer your flexible

points to take advantage of a transfer bonus, first let's look closer at what a transfer

bonus is and how they can help you maximize the potential value of your transferable points.

Periodically, the issuers of the transferable points currencies,

...