Transfer Citi ThankYou Points to Virgin Atlantic With a 25% Bonus

Jan 6, 2017

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In the return of a promotion that’ll pop up from time to time, Citi is offering a 25% bonus for transferring Citi ThankYou points to Virgin Atlantic Flying Club miles. The promotion runs now through March 2, but if you’re looking to redeem Flying Club miles for peak travel times, you’ll want to jump on this promo within the next week.

Virgin Atlantic is in the midst of a program devaluation announced last October. As part of the change, you can no longer redeem Virgin Atlantic miles for Virgin America flights, leaving Delta as the only partner available for US domestic flights. This change was the major catalyst that led TPG to reduce our valuation of Flying Club miles from 1.5 cents per mile to 1.3 cents each.

Get a 25% bonus when you transfer Citi ThankYou points to Virgin Atlantic Flying Club miles.
Get a 25% bonus when you transfer Citi ThankYou points to Virgin Atlantic Flying Club miles.

For redeeming miles on Virgin Atlantic’s own flights, there’s 10 more days until the award chart goes through a mixed bag of changes. With the addition of off-peak awards, Flying Club miles will become more valuable than before for certain redemptions. However, other award prices are generally going up.

If you’re looking for a once-in-a-lifetime redemption, one of the absolute best uses of Virgin Atlantic miles is redeeming 1,200,000 miles for a seven night stay on Richard Branson’s Necker Island. With this 25% transfer bonus, you’ll only need to transfer 960,000 Citi ThankYou points to have enough for this luxurious redemption.

Transfer 960,000 Citi ThankYou points for enough Virgin Atlantic points to book a week stay at Richard Branson
Transfer 960,000 Citi ThankYou points to Virgin Atlantic for a week long stay at Richard Branson’s Necker Island. Image courtesy of the resort.

No matter what you plan to do with your Flying Club miles, there’s no lack of transfer partners. Virgin Atlantic is a 1:1 partner with all four major transferable currencies: American Express Membership Rewards (value: 1.9 cents), Chase Ultimate Rewards (2.1 cents), Citi ThankYou points (1.6 cents) and Starwood Preferred Guest (2.7 cents). Based on current TPG valuations, you can see that Citi ThankYou points are already the best source. With this transfer bonus, ThankYou points are the clear winner.

That said, if you want to snag some award bookings using the current award chart, you’ll want to start transferring Citi ThankYou points soon. Our testing shows that points take about 2 days to transfer to Virgin Atlantic, and the last day to book awards using the current award chart is January 15.

Bottom Line

This transfer bonus isn’t a great deal. But if you’re looking to top off your Flying Club account for some last-minute redemptions before the award chart changes, this is a great opportunity to do so.

H/T: One Mile At A Time

2018 TPG Award Winner: Mid-Tier Card of the Year
Chase Sapphire Preferred® Card

WELCOME OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

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More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
Intro APR on Purchases
N/A
Regular APR
17.74% - 24.74% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

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