- Wells Fargo added Cathay Pacific’s Asia Miles as a 1:1 transfer partner, which is probably the last nail needed to secure Wells Fargo as a valuable bank currency.
For those keeping track at home, American Express lowered their transfer ratio for Cathay Pacific from 1:1 to 1:0.8 just 59 days ago. Are we about to enter the Wells Fargo era of churning? - On Friday, Bilt will have a transfer bonus between 40% and 100% to British Airways, Iberia, and Aer Lingus Avios. The bonus you’ll get depends on your Bilt status and whether or not you’re willing to spend Bilt cash, and you’ve still probably got today to earn points and have them post in time to transfer.
In case you’re wondering if Bilt devalued the brightest spot of their dim program: Yes, they have. They’ve limited the transfer bonus to the first 100,000 miles.
Happy Tuesday friends!
If you don’t have a transferrable points Wells Fargo credit card yet, don’t worry you actually might.