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Who doesn’t love a transfer bonus?! Amex is currently offering a 25% transfer bonus to Air France, and now Citi has joined in on the fun. Until July 4th, you will enjoy a 15% bonus when transferring your hard earned Citi Thank You points to Cathay Pacific’s loyalty program: Asia Miles. Unfamiliar with Asia Miles? Let’s take a look…
The Transfer bonus:
Asia Miles has a lot of value – don’t discount it.
For instance, if you book by June 22nd, you could fly roundtrip from LA to Hong Kong in their fabulous business class for just 120k Asia miles. That’s just 104k Thank You points. You can book one way for just 70k miles. These rates go up June 22nd, so book quick if you’re interested, but even after the deval, there are a number of great deals if you’re willing to do a bit of searching.
I’d highly recommend flying their A350 from San Fran to Hong Kong if you get a chance. Awesome product.
Several weeks ago I wrote about an Asia Miles sweet spot: The One World multi partner award chart – it also changes on June 22nd. So book fast to get lower rates.
The post I wrote spoke of adding a second airline to your itinerary that would qualify the itinerary for the Multi-partner award ( you need 2 airlines that aren’t Cathay to qualify, or 2 plus Cathay). The example I used was a trip to South America, whereby, this trick would allow you to fly roundtrip for just 115k miles instead of 175k with a single carrier. If you do this by June 22nd, apply the 15% bonus, you could do the same itinerary for just 100k Thank You points.
The new chart – effective June 22nd
If you can’t book by June 22nd, you can book an itinerary similar to what I wrote about, for 135k points, or 117k Thank You points. Still a very good deal, IMO.
The Old Chart
The long/short of it.
Programs like Asia Miles are often overlooked, but if you have a bit of time to investigate, you’ll find there is a lot of value especially when combined with transfer bonuses like these.
Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers