AMEX Transfer Partners
Transferring your American Express Membership Rewards (MR) points to airline and hotel partners is often the best way to maximize their value.
August 2025 Devaluation — Click to see what changed
| Airline | Old Ratio | New Ratio |
|---|---|---|
| Emirates | 5 MR : 4 Miles | 2 MR : 1 Mile |
| Etihad | 5 MR : 4 Miles | 3 MR : 2 Miles |
| Cathay Pacific | 5 MR : 4 Miles | 3 MR : 2 Miles |
| Qatar Airways | 5 MR : 4 Avios | 3 MR : 2 Miles |
Etihad Guest is leaving (June 2026): American Express Germany ended its transfer partnership with Etihad Guest — the last possible transfer was 15 June 2026. It is no longer a usable transfer option and has been removed from the table below.
Lufthansa Miles & More: There is NO DIRECT TRANSFER from American Express Membership Rewards to Lufthansa Miles & More. The only way to transfer points is indirectly via Payback. The effective ratio is 3 MR Points = 1 Payback Point, and then 1 Payback Point = 1 M&M Mile, making the final effective ratio 3 MR -> 1 M&M Mile. It is critical to only transfer from Payback to M&M during a 20-30% bonus promotion.
✈️ Airline Partners
Key Airline Transfer Partners (Germany, June 2026)
Best Value Partners: British Airways (5:4), Flying Blue (5:4), and SAS EuroBonus (5:4) retain the best transfer ratios. Singapore KrisFlyer (3:2) remains useful for specific redemptions. Avoid heavily devalued Middle Eastern carriers (Emirates at 2:1).
| Airline Partner | Ratio (MR:Partner) | Min. Transfer | Est. Transfer Time |
|---|---|---|---|
| Asia Miles (Cathay Pacific) | 3 MR : 2 Miles | 900 MR | ~3 business days |
| British Airways Executive Club | 5 MR : 4 Avios | 1,000 MR | ~5 business days |
| Club Iberia Plus | 5 MR : 4 Avios | 1,000 MR | Up to 1 bus. day |
| Delta SkyMiles | 3 MR : 2 Miles | 3,000 MR | ~5 business days |
| Emirates Skywards | 2 MR : 1 Mile | 1,000 MR | Up to 1 bus. day |
| Flying Blue (Air France/KLM) | 5 MR : 4 Miles | 625 MR | Up to 1 bus. day |
| Qatar Airways Privilege Club | 3 MR : 2 Miles | 900 MR | ~7 business days |
| SAS EuroBonus | 5 MR : 4 Points | 1,000 MR | ~5 business days |
| Singapore Airlines KrisFlyer | 3 MR : 2 Miles | 1,500 MR | ~15 business days |