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Through July 4, 2018, Citi is offering a 15% bonus when you convert ThankYou points from their US program to Cathay Pacific Asia Miles. The bonus is hard coded into the transfer ratio, meaning that 1,000 ThankYou points converts into 1,150 Asia Miles, and the bonus should post the same time that the normal points do (transfers typically take one to two days, in my experience). There’s no limit to how often you can take advantage of this offer.
Cathay Pacific Asia Miles is transfer partners with Amex Membership Rewards, Citi ThankYou, and Starwood Preferred Guest. On top of that, they have an increased welcome bonus of up to 60,000 points upon completing minimum spend on their US co-branded credit card.
Of the major transferable points currencies, Citi ThankYou points are the ones I find least valuable, so if I were to transfer points to Asia Miles, I’d want them to be from there. Transfer bonuses to Asia Miles aren’t that common — the last time we saw a Citi ThankYou bonus was last summer, and that was for 20%.
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