Transfer Citi Points To Cathay Pacific With 15% Bonus

Transfer Citi Points To Cathay Pacific With 15% Bonus

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We’ve just seen a new transfer bonus introduced for those looking to move Citi ThankYou points to Cathay Pacific Asia Miles…

Cathay Pacific 15% transfer bonus from Citi

Between June 17 and July 20, 2024, the Citi ThankYou program in the United States is offering a 15% bonus on points transfers to Cathay Pacific Asia Miles.

Citi ThankYou 15% transfer bonus to Cathay Pacific

Ordinarily points transfer at a 1:1 ratio (in 1,000 point increments), while through this promotion you’d get 1,150 Asia Miles for every 1,000 Citi ThankYou points transferred.

It’s fairly rare to see transferable points currencies offering bonuses when moving rewards to Cathay Pacific Asia Miles, so this is worth considering. There are several great cards earning Citi ThankYou points, including the Citi Strata Premier℠ Card (review), and it’s easy to combine points between the cards.

Redeem miles for Cathay Pacific business class

Is this Cathay Pacific transfer bonus worth it?

The Cathay Pacific Asia Miles program is one that has become increasingly useful over time, even though it’s one I historically haven’t really liked.

The single biggest thing to be aware of is that while Cathay Pacific belongs to the oneworld alliance, Cathay Pacific restricts a vast majority of its first and business class award space to members of the Asia Miles program, so that award space isn’t bookable through programs like Alaska Mileage Plan and American AAdvantage. That didn’t used to be the case, and it’s the single biggest way that the value of this currency has improved.

Asia Miles award chart for Cathay Pacific flights

There are also some situations where partner redemptions represent a good deal, though I’d say they’re the exception rather than the norm. For example, one valuable partner sweet spot of the program is that when booking through Asia Miles, British Airways flights have lower carrier imposed surcharges than through other programs.

Asia Miles is best for Cathay Pacific premium redemptions

Bottom line

Through July 20, 2024, the Citi ThankYou program is offering a 15% bonus when you transfer points to Cathay Pacific Asia Miles. While this is hardly the most lucrative promotion ever, it’s worth taking advantage of if you’re going to make a transfer anyway. For example, I recently used the Asia Miles program to book a Cathay Pacific award ticket, as partner programs didn’t have any award space.

I wouldn’t take advantage of this speculatively, but if you have a specific use in mind and you know what you’re doing, this could be worth it.

Are any OMAAT readers taking advantage of this Asia Miles transfer bonus?

Conversations (4)
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  1. Jonathan Ozol Guest

    So what are the sweet spots? What do you like and what don’t you like?

  2. Omri Guest

    Doesn't work. Only transfered 1000 miles, not 1150 when I just tried.

    Boo.

  3. Notbad41 Guest

    What’s good are Cathay miles? You can’t redeem them. They are like US dollars on the titanic.

  4. TravelinWilly Diamond

    Cathay has lost a lot of its lustre in the last five years or so.

    I hope they can gain it back.

Featured Comments Most helpful comments ( as chosen by the OMAAT community ).

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

Jonathan Ozol Guest

So what are the sweet spots? What do you like and what don’t you like?

0
Omri Guest

Doesn't work. Only transfered 1000 miles, not 1150 when I just tried. Boo.

0
Notbad41 Guest

What’s good are Cathay miles? You can’t redeem them. They are like US dollars on the titanic.

0
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