Transferrable bank points are especially valuable because they provide multiple options for booking travel. The conventional wisdom is that you get the most value transferring to a frequent flyer program. But that isn't always the right advice. Today, we explore how to make the right choice when you can redeem points towards the cost of a paid ticket or book an award through a frequent flyer program. www.abroaders.com/232

Capital One had created a major shakeup in the travel rewards space by announcing the ability to transfer points to a dozen frequent flyer programs. They now join Citi, Chase, Amex, and Marriott in the realm of super-flexible, transferrable points. We've also got major positive updates to the Amex Business Gold card, more details on the Citi Prestige 4th night free benefit, and a slew of new credit card offers to stack up points before the holidays. www.abroaders.com/230

Australia, New Zealand, and the Pacific Islands are among the trickiest destinations to reach from North America using miles—especially for premium cabin redemptions. Success depends on planning ahead, diversifying your points for maximum options, and knowing what routes to check. This week, we cover all the direct routings with Star Alliance, One World, Skyteam, and a few independent airlines you can book with the right miles. www.abroaders.com/229

Amex Membership Rewards is offering a 40% bonus on transfers to British Airways Executive Club and Iberia Plus through November 15th, 2018. These two loyalty programs can book flights with 29 different airlines—offering service to more than 1,000 destinations worldwide. Their pricing scheme is dramatically different from other loyalty programs, which means amazingly good deals on some itineraries, and horrible value on others.

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