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Citi has really been upping its game lately when it comes to transfer bonuses. A few months ago, Citi offered a 25% Transfer Bonus To Etihad Guest Miles, and now it’s offering a 25% bonus to Virgin Atlantic Flying Club through August 23, 2015. (Note: You must be logged into your Citi account for the bonus to appear.)
ThankYou points normally transfer at a 1:1 ratio in increments of 1,000, so 1,000 ThankYou points = 1,000 Virgin Atlantic Flying Club miles, but with this bonus you’ll earn 1,250 miles for every 1,000 transferred from Citi.
ThankYou Rewards is the points program of cards like the Citi Prestige and Citi ThankYou Premier, both of which are currently offering higher-than-usual sign-up bonuses of 50,000 points when you spend $3,000 in the first three months of account opening.
Here is Virgin’s award chart to/from North America.
As you can see, if you wanted to catch a flight from New York JFK to London Heathrow, you would need to transfer the following amount of Citi ThankYou points with the 25% bonus.
- Economy: 35,000 miles = 28,000 Citi ThankYou points
- Premium Economy: 55,000 miles = 44,000 Citi ThankYou points
- Upper Class: 80,000 miles = 64,000 Citi ThankYou points
Before you get too excited, remember that Virgin Atlantic levies high fuel surcharges that regularly top $1,100 on award flights to/from London, so you might get stuck paying a chunk of change on top of those miles.
Virgin Atlantic also has 13 airline partners on which you can redeem your Flying Club miles, including ANA, Delta, Hawaiian Airlines, Singapore, South African Airways, Virgin America and Virgin Australia, so there are some other opportunities to maximize this transfer bonus while avoiding fuel surcharges.
As with all similar promotions, be sure to plot out your travel strategy, do the math and initiate a transfer only if it makes sense for your individual travel needs and budget. If you do not have a specific, imminent redemption in mind, then you may want to hold off on this offer.
Limited Time Offer: Transfer ThankYou Points to Virgin Atlantic and receive 25% bonus miles. Offer is valid for Points Transfers to Virgin Atlantic completed by 11:59 PM ET August 23, 2015.
Hat Tip: MileValueCiti ThankYou® Premier Card