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Update: Some offers mentioned below are no longer available. View the current offers here – Citi ThankYou Premier CardCiti Prestige

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.

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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.

Virgin Atlantic Chart

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.

Virgin Atlantic has 13 other airline partners on which you can redeem your miles.
Virgin Atlantic has 13 other airline partners on which you can redeem your miles.

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: MileValue

Chase Sapphire Preferred® Card

Even after the introduction of the Chase Sapphire Reserve, the Chase Sapphire Preferred is still a fantastic choice if you want to avoid the Reserve’s $450 annual fee, earn 2x on all travel & dining and earn a 50,000 point sign up bonus.

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More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
N/A
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer Fee
5.00%
Recommended Credit
Excellent Credit

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Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.