– AirFrance \/ KLM FlyingBlue at 1:1
– Qantas Avios at 1:1
– Ethiopian Sheba Rewards at 1:1
– Accor ALL at 2:1<\/p>\n\n\n\n
They’re using a landing page at points.com for transfers, which means they’ll likely have access to many more transfer partners in the future.<\/p>\n\n\n\n
The Impact<\/h4>\n\n\n\n
Because this is U.S. Bank where mediocrity is a way of life, this launch turns out to be … mediocre. Here’s some two-day-late Monday morning quarterbacking:<\/p>\n\n\n\n
- \n
- Accor ALL points are worth a fixed two eurocents each so that partner is relatively lame at 2:1. With current exchange rates<\/a>, that’s effectively a fixed 1.15 cents per point
<\/li>\n\n\n\n- Ethiopian Sheba Rewards isn’t common, so let’s chat about it:
– Ethiopian is part of Star Alliance
– The Sheba Star Alliance Award chart is decidedly mediocre (to match U.S. Bank)
– Redemptions on Ethiopian metal are zone based:
Same zone: 15,000 miles in economy and 45,000 in business
Two zone: 30,000 miles in economy and 60,000 in business
Three zone: \ud83e\udd37\u200d\u2640\ufe0f
– Ethiopian has 22 fifth-freedom routes (routes between two countries that aren’t Ethiopia). Pricing on these routes can<\/em> be good
<\/li>\n\n\n\n- Because transfers are handled by points.com, I expect we’ll see more added rapidly after U.S. Bank figures itself out, but I really mean rapidly in U.S. Bank terms which means slowly in regular terms
<\/li>\n\n\n\n- Seats.aero already tracks Ethiopian miles<\/a>, so the best redemptions are probably going to be rare thanks to the Tragedy of the Commons<\/a>
<\/li>\n\n\n\n- Oh yeah, they have Avios and FlyingBlue transfers too. Welcome to every other bank and FinTech on the planet I guess<\/li>\n<\/ul>\n\n\n\n
The tl;dr: Some partners are better than none, but in this case not that much.<\/p>\n\n\n\n
Happy Wednesday!<\/p>\n\n\n\n
![\"\"](\"https:\/\/milesearnandburn.com\/wp-content\/uploads\/2026\/08\/image-8.png\")
<\/figure>\n\n\n\nU.S. Bank transfer partner launch celebration swag.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Thing US Bank launched transfer partners on its Altitude Reserve and FlexPerks Travel Rewards Visa cards (my hidden gem FlexPerks American Express card sunsetted<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[54,19],"tags":[],"class_list":["post-14121","post","type-post","status-publish","format-standard","hentry","category-credit-cards","category-miles"],"_links":{"self":[{"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/posts\/14121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/comments?post=14121"}],"version-history":[{"count":3,"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/posts\/14121\/revisions"}],"predecessor-version":[{"id":14126,"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/posts\/14121\/revisions\/14126"}],"wp:attachment":[{"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/media?parent=14121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/categories?post=14121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/tags?post=14121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- Ethiopian Sheba Rewards isn’t common, so let’s chat about it: