68. Wondering Wednesday Q&A: How to Maximize Your Points with Transfer Bonuses AND What Current Bonuses are Available
Description
Welcome to today’s Wondering Wednesday mini episode! If you're looking to level up your points and miles game, this quick, bite-sized episode is packed with all the key info you need on transfer bonuses.
We dive into what transfer bonuses are, how they work, and why they’re such a powerful tool in your travel rewards strategy. Plus, we break down a simple math formula to help you calculate exactly how many points you need to transfer to reach your next trip goal.
With the right knowledge, you can make sure your points go further, faster. We’ll also highlight the current transfer bonuses you should be aware of so you don’t miss out on any valuable opportunities.
Every Wednesday, we bring you this quick, actionable episode to answer all your burning questions and help you level up your travel rewards game. So, let’s jump in and start maximizing your points! And make sure to head to the Facebook Group to ask your questions so we can feature them on a future episode!
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Example Formula for Transferring Points:
Total points needed divided by regular ratio + percentage (in a decimal number) = points you need to transfer
Here is what you would do if you wanted to book a 60,000 point flight and there was a 40% transfer bonus:
60,000/ 1.4 (1+40%) = 42,800 points
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