With over 50 points and miles promotions set to expire or change in the next two weeks, now is the time for rewards enthusiasts to review their options. From transfer bonuses and award discounts to rotating cash-back categories and cardholder spending offers, a wide range of deals are on the chopping block—many of which can deliver hundreds of dollars in extra value if you act quickly.
Our Take
Good news for proactive rewards maximizers. This is a prime opportunity for savvy travelers and cardholders to squeeze extra value from their points, miles, and spending. But if you’re not paying attention, you could easily miss out on lucrative transfer bonuses or discounted redemptions that won’t be back for months.
What’s Ending Soon
- Over 50 promotions are expiring or changing in the next two weeks (per AwardWallet).
- Types of deals include:
- Transfer bonuses (e.g., extra points when moving from credit card to airline/hotel partners)
- Award discounts (reduced points required for flights or hotel stays)
- Rotating 5% cash-back categories
- Cardholder spending offers (bonus points for hitting spend targets)
- Status match opportunities
- Hotel bonus-point promotions
- Buy points and miles offers
- Gift card discounts
- Exact end dates and details vary by program—many are set to change or end within two weeks of June 20 and June 27, 2026.
Who Benefits Most
- Points transfer optimizers: If you have a stash of transferable points (like Chase Ultimate Rewards or Amex Membership Rewards), transfer bonuses can boost the value of your points by 10–40%. For example, a 30% transfer bonus to a partner airline could turn 50,000 points into 65,000 miles—worth up to $910 at our valuations.
- Award travelers with flexible dates: Award discounts can mean a business class flight that usually costs 70,000 miles might be available for 56,000 miles, saving you $189 (at 1.35¢/mile for United, for example).
- Cash-back maximizers: Rotating 5% categories (like groceries or gas) can mean an extra $25 back on $500 in spend if you act before the category changes.
- Elite status chasers: Status match or fast-track promos can save frequent travelers hundreds in upgrades and perks if they enroll before the deadline.
Who Should Be Cautious
- Casual cardholders: If you don’t have a plan for your points or aren’t ready to book, rushing to transfer or redeem just because a deal is ending could leave you with stranded points.
- Travelers with fixed plans: If your travel dates or destinations don’t align with the discounted awards, these promos may not offer real value.
- Points buyers: Buying points or miles speculatively—even with a bonus—rarely makes sense unless you have an immediate high-value redemption lined up.
What To Do Right Now
- Review your points balances and upcoming travel needs. Don’t transfer or redeem just for the sake of it—have a plan.
- Check the AwardWallet expiring deals roundup for the latest deadlines and details.
- For transfer bonuses: Calculate the effective value using our proprietary valuations (e.g., 2.05¢/point for Chase UR, 2¢/point for Amex MR) to see if the bonus makes sense.
- For award discounts: Search for availability and book before the promo ends—award space can disappear quickly.
- For cash-back categories: Max out your spend in current 5% categories before they rotate.
