Through March 31st, US Airways is giving a 50% bonus when you transfer miles from a hotel program partner into Dividend Miles. They have a bunch of hotel partners, but the only one worth considering here is Starwood.
You’ll get 37,500 Dividend Miles when you transfer 20,000 Starwood points into the program (an 87% bonus). Keep in mind that US Airways has a few award redemptions that are bargains. For example, 35k/60k (coach/biz) for off-peak travel from the US to Hawaii, Europe and South America. That means coach tickets to those places are now just 20,000 SPG miles during off-peak times. Crazy. Africa is typically 70k/110k; with this promo it’s 40k/60k SPG points.
I rarely proactively transfer points, even with a bonus, unless I have a specific trip in mind. I did do it in 2008 with the just silly 150% transfer bonus from SPG to Delta (I’m still sitting on the 300,000 Skymiles from that one). This isn’t quite that good (in fact, it’s roughly half that good), but if you generally use your SPG points for air travel (rather than hotel redemption), you should seriously consider this (I’m considering taking 79,999k SPG and turning it into 142,500 US Airways miles). I would do more, but you’re only eligible for one bonus and you can only transfer up to 79,999 SPG points at a time. I was thinking of combining my wife’s account with mine (since you can have household accounts) and then transferring into our respective Dividend Miles accounts, but the name on the SPG account must match the Dividend Miles account, so I don’t think that will work.
Anyone see a reason not to take advantage of this offer?
(Thx to this Milepoint thread for the heads up).