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There is currently a 30% transfer bonus on Membership Rewards transfers to Virgin America.

Until April 30, 2014, 200 Membership Rewards transfer to 130 Elevate points. (The normal rate is 200 Membership Rewards to 100 Elevate points.)

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What are the sweetspots on the Virgin America chart that might make a transfer worthwhile?

Taking advantage of this transfer bonus is not a good idea if you want to fly Virgin America domestic flights. Virgin America offers a fixed-value program for redemptions on its own flights, so this transfer bonus would get you about 1.45 cents of value of per Membership Reward toward Virgin America flights. We can do better.

Virgin America has an incredible award chart for flights on its partners.

Bottom Line

One of the best things about having a pile of Membership Rewards is these occasional transfer bonuses. (Wouldn’t it be great if Ultimate Rewards offered them?)

The current 30% transfer bonus to Virgin America can be a great deal for people who want to use Elevate points to fly Hawaiian Airlines or Virgin Atlantic, but not those who want to fly Virgin America itself.