When to Transfer vs When to Save

Managing loyalty points is as much about timing as it is about earning. Knowing when to transfer your points and when to hold onto them can be the difference between an average redemption and an incredible travel experience. Here is how to decide when to move and when to wait.

 1. When to Transfer Your Points

• A Redemption Opportunity is Available
  If you have a specific trip in mind and availability has opened up, this is the perfect time to transfer your points. Award seats and hotel rooms often have limited availability, so acting quickly can secure your ideal booking.
• A Bonus Transfer Promotion is Running
  Sometimes, partners offer bonus incentives when transferring points. For example, you might receive an extra 20 percent when transferring to a frequent flyer program. If these promotions align with your goals, transferring can unlock more value.
• You Are Close to a Redemption Goal
  If you need just a few thousand points to book a flight or hotel stay, transferring your points can help you reach that goal faster. Just be sure the redemption is worth it in terms of value per point.
• Upcoming Devaluation of a Program
  Loyalty programs occasionally change their redemption rates, making it more expensive to book flights or hotels with points. If you hear about an upcoming change, it can be wise to transfer and redeem before the new rates take effect.

2. When to Save Your Points

• You Do Not Have a Clear Plan
  Transferring points without a redemption in mind can lead to wasted value. Many airline and hotel points have expiry dates, so unless you are planning to book soon, it is often better to keep your points flexible.
• Better Transfer Promotions Could Be Coming
  If there is no urgency, it can be worth waiting for a better transfer bonus. These promotions can significantly increase the value of your points when the time is right.
• You Are Working Towards a Bigger Reward
  Sometimes it pays to be patient. Larger redemptions such as business class flights or longer hotel stays often offer better value per point. If you are still building your balance, it makes sense to wait.

• Market Conditions Are Uncertain
  In times of travel uncertainty, holding onto flexible points like Passport Points keeps your options open. Once your plans are more certain, you can transfer with confidence.

   

The best strategy combines patience with action at the right moment. Keep your travel goals in focus, monitor partner offers, and always calculate the true value of a transfer before making the move. With a little planning, you can make your points work harder and take you further.

Need help deciding? 

Explore Passport’s latest transfer partners and offers.