Cathay Pacific, Citi

Citi ThankYou: 15% bonus to Cathay Pacific Asia Miles

Did you miss a deal? Never again! Apply to join the members-only MilesTalk Facebook group.

Advertiser Disclosure: MilesTalk has partnered with CardRatings for our coverage of credit card products. MilesTalk and CardRatings may receive a commission from card issuers and MilesTalk may also receive compensation for content. This site does not include all financial companies or all available financial offers. The editorial content on this page is not provided by any of the companies mentioned, and have not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author's alone.

The only thing I love more than “transferable currencies” are bonuses for transferring. Citi has launched a transfer bonus of 15% when transferring to Asia Miles.  

To get this deal, all you have to do is sign-in and transfer your points. (I don’t believe the offer is targeted but make sure you see the bonus before transferring.)

Need to know:

  • Cathay Pacific recently announced a devaluation of the award chart. One ways only changed a little in price but the sweeter spots of the program (round trips) went up significantly.  You still have until June 21st to book the current chart, though.
  • Asia Miles expire 36 months from when you earn them. They can only be extended with a high fee so be sure you’ll use them within 3 years.
  • Transfers from ThankYou to Asia Miles typically takes just a day or less, so you do have time to transfer and book on the old chart.
  • Promotion ends July 4, 2018

Current sweet spots in the chart involve round trips and longer trips on 2 or more Oneworld airlines (or 3 if you are including Cathay Pacific or Dragon Air in your trip).

Without delving into every possibility (and you can read more in my linked article above about the devaluation) you could construct a multi-carrier trip all in Business Class of up to 20,000 miles in distance flown for just 140,000 Asia Miles – or 205,000 in First class.   That’ll be just 122,000 Citi Thank You points in Business or 179,000 ThankYou points for First Class – for up to 20,000 flown miles!

AFTER the devaluation, that will jump to 240,000 Asia Miles in Business Class and 345,000 miles in First Class. Seems like one last shot for a real bargain on a Oneworld RTW with Asia Miles.

H/T: God Save the Points

Taking advantage of this?  Let me know here, on Twitter, or in the private MilesTalk Facebook group.

New to all of this? My new “introduction to miles and points” book, MilesTalk: Live Your Wildest Travel Dreams Using Miles and Points is available now.