June 2026 Transfer Bonus Roundup: Chase 55%, Amex 25%, Citi 30%

June is an unusually active month for transfer bonuses. There are six live promotions across four programs right now, headlined by a rare 55% Chase to Marriott bonus and a first-in-months 25% Amex to Flying Blue bonus. Here is every active deal, what it is actually worth in cents per point, and which ones are genuinely worth acting on before they expire.

Chase Ultimate Rewards → Marriott Bonvoy: 55% Bonus (Through June 30)

The headline deal. Chase is offering a 55% bonus to Marriott Bonvoy, converting 1,000 UR points into 1,550 Bonvoy points. At Marriott’s baseline CPP of ~0.8¢, the effective yield is roughly 1.24¢ per UR point — still below the ~2.0¢ you get keeping points flexible or transferring to Hyatt. A 55% bonus does not make Marriott the default; it makes Marriott viable for specific situations.

Transfer if you have an aspirational Marriott property (Ritz-Carlton, St. Regis, EDITION, W) priced out and bookable, and especially for five-night award stays where the 5th night free benefit adds another ~20% on top of the bonus. Skip it for mid-tier Marriott hotels where Bonvoy points return 0.7–0.8¢.

Amex Membership Rewards → Flying Blue: 25% Bonus (Through June 30)

A notably strong deal. Amex is offering a 25% bonus to Air France/KLM Flying Blue, yielding 1,250 miles per 1,000 MR points. At a base Flying Blue CPP of ~1.2¢, the effective rate is roughly 1.5¢ per MR point — one of the better Amex transfer values of the year. Flying Blue regularly runs Promo Rewards sales with discounted awards on Air France and KLM. Combining a 25% transfer bonus with an active sale is among the cleanest value plays in the loyalty space. This bonus appears less than once per year from Amex.

Amex Membership Rewards → Marriott Bonvoy: 20% Bonus (Through June 30)

A smaller deal. The 20% Amex bonus yields 1,200 Bonvoy points per 1,000 MR. At 0.8¢ per Bonvoy point, that’s ~0.96¢ per MR — well below the flexible value of Membership Rewards. If you need Marriott points, use the Chase 55% deal first. The Amex 20% bonus only makes sense if your Chase balance is zero and you have a specific, high-value Bonvoy redemption queued.

Citi ThankYou → Qatar Airways Privilege Club: 30% Bonus (Through June 30)

A strong deal for Citi cardholders. The 30% bonus yields 1,300 Qatar Avios per 1,000 ThankYou points. Qatar Avios are valued at ~1.4¢, giving an effective yield of roughly 1.82¢ per ThankYou point — one of the higher-value Citi transfer options. Qatar Avios now sit on the same platform as British Airways, Iberia, and Aer Lingus Avios, expanding redemption options. Note: the 30% bonus Avios credit separately by July 31, not at transfer time. Book based on base points and treat the bonus as a future top-up.

Citi ThankYou → Wyndham Rewards: 25% Bonus (Through June 13)

Shorter window. The 25% bonus yields 1,250 Wyndham points per 1,000 ThankYou. At ~0.8¢ per Wyndham point, the effective yield is ~1.0¢ per ThankYou point. Low for a flexible currency, but useful if you are topping off a Wyndham balance for a specific property. Wyndham’s ~9,000 properties give useful geographic coverage.

Citi ThankYou → I Prefer Hotel Rewards: 30% Bonus (Through June 13)

Niche but notable. Post-April devaluation, the Citi→I Prefer base ratio dropped from 1:4 to 1:2. With the 30% bonus the effective rate is 1:2.6. At ~0.5¢ per I Prefer point, the yield is about 1.3¢ per ThankYou point. Relevant only for Preferred Hotels stays on expensive properties where the points-vs-cash math works.

Action Required: Amex → Etihad Guest Ends June 30

This is not a bonus — it is a permanent cut-off. Amex will stop transferring Membership Rewards points to Etihad Guest after June 30, 2026. The 1:1 ratio holds until the last day. If you have a specific Etihad award sketched out, you have until June 29 to initiate the transfer. After June 30, the partnership ends. Full analysis: Amex Drops Etihad Guest as Transfer Partner.

The One Rule That Applies to Every Bonus

Only transfer points when you have a specific redemption priced out and ready to book. A 55% bonus into a low-CPP program does not automatically beat a 0% bonus into a high-CPP program. Flexible points are only flexible until the moment you move them. Model any of these deals against your specific redemption in our Transfer Partner Calculator before moving anything.

Key Takeaways

• Chase → Marriott 55% (Jun 30): ~1.24¢/UR; worth it only for aspirational Bonvoy stays or 5-night awards. Hyatt still wins for most Chase cardholders.
• Amex MR → Flying Blue 25% (Jun 30): ~1.5¢/MR; one of the best Amex transfer deals of 2026, especially stacked with a Promo Rewards sale.
• Amex MR → Marriott 20% (Jun 30): ~0.96¢/MR; use only if Chase points are gone and you need Bonvoy for a high-value property.
• Citi → Qatar Airways 30% (Jun 30): ~1.82¢/ThankYou point; strong deal, but 30% bonus credits by Jul 31 — not instantly.
• Citi → Wyndham 25% / I Prefer 30% (Jun 13): Shorter deadline; niche value for targeted hotel stays.
• Amex → Etihad ends June 30: Transfer before June 29 for any specific Etihad award you have planned.