Underwhelming 25% transfer bonus from Amex to Marriott Bonvoy

Amex has been advertising “Member Week” specials to come this week, which were to be kicked off by a transfer bonus to Marriott Bonvoy. That transfer bonus kicked off today, and it is very underwhelming. At just a 25% transfer bonus when you transfer Membership Rewards points through 3/21/25, it isn’t worth transferring to Marriott Bonvoy unless it is to top off a little bit for a valuable award.

The Deal

• Amex Membership Rewards is offering a 25% bonus when you transfer points to Marriott Bonvoy through 3/21/25
• With this bonus, the transfer ratio is temporarily increased to 1,000 Membership Rewards points = 1,250 Marriott Bonvoy points

Key Terms

• Eligible Card Members may redeem for this offer from 12:00 a.m. MT on 3/17/2025 to 11:59 p.m. MT on 3/21/2025 to receive 25% additional Marriott Bonvoy bonus points per transfer.
• Offers valid for eligible U.S. Membership Rewards® program enrollees only.
• Offers are not transferable and may not be combined with other offers.
• To be eligible to receive these offers, you must be an eligible Membership Rewards program enrollee with access to Marriott as a points transfer partner. If you only have a Legacy Card Product linked to your Rewards Account, (as defined in the Membership Rewards® Terms & Conditions), or if American Express® Rewards Checking, and/or American Express® Business Checking are your only Membership Rewards Products, you are not eligible for this offer.
• All Card accounts linked to an enrollee’s Membership Rewards program account must not be canceled, past due or have a returned payment outstanding at the time of both point redemption and point fulfillment. Individual terms, conditions and restrictions apply to the respective Membership Rewards offers.
• Minimum transfer per transaction is 1,000 Membership Rewards points. Maximum transfer per transaction is 999,999 Membership Rewards points.
• Please allow up to eight weeks for the additional Marriott Bonvoy bonus points to be awarded.
• See your offer for full terms

Quick Thoughts

Our Reasonable Redemption Value for Marriott Bonvoy points is 0.76c per point. That means that with a 25% transfer bonus, you’re trading each Membership Rewards point for less than 1 cent worth of Marriott points. That’s a bad deal, particularly when you consider the fact that Marriott is currently selling points for as low as 0.86c per point. Our Reasonable Redemption Value for Amex Membership Rewards points is 1.55c per point — you can generally expect much better value by strategically using your Amex points for flight awards.

This deal might make sense if you just need a few more points for a valuable award, but otherwise it is a miss. It is surprising that this offer is so low for “Member Week”, especially when you consider the fact that Amex offered a 35% transfer bonus just a few months ago.

The post Underwhelming 25% transfer bonus from Amex to Marriott Bonvoy appeared first on Frequent Miler. Frequent Miler may receive compensation from CHASE. American Express, Capital One, or other partners.