New 25% Citi ThankYou transfer bonus to Qantas

Jan 20, 2020

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Update: Some offers mentioned below are no longer available. 

Citi is a TPG advertising partner

If you collect Citi ThankYou Rewards and have points stashed, listen up because you’re in luck.

From now through Feb. 22, 2020, targeted members who transfer Citi ThankYou points to Qantas will receive a 25% bonus. That means that the normal transfer rate of 1:1 will now net you 1:1.25. TPG Senior Editor Jasmin Baron on her Citi Prestige® Card.

The information for the Citi Prestige has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

For more TPG news delivered each morning to your inbox, sign up for our daily newsletter.


Related: Complete guide to maximizing the Qantas Frequent Flyer program

While Qantas might not be an airline you fly regularly, it’s important to remember that it’s is a member of the Oneworld alliance. That means you can use Qantas points to book award travel on partners such as American Airlines, British AirwaysCathay Pacific and Japan Airlines (and even non-alliance partners like Emirates) This option opens up a huge selection of airlines and award opportunities.

Qantas allows you to use points for seat upgrades as well as hotel stays, and even combine points and cash in its online shopping portal, giving you even more options to find maximum value for your points. The Qantas Frequent Flyer program is interesting because it’s also a transfer partner of American Express Membership Rewards, Capital One Miles, and Marriott Bonvoy points.

Related: Increased Marriott Bonvoy offers: Earn up to 100,000 bonus points

Note that if you have an immediate need for points, we found that it typically takes two days to transfer Citi points to Qantas.

Featured photo by Alberto Riva/The Points Guy.

Chase Sapphire Preferred® Card

WELCOME OFFER: 80,000 Points


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.

Apply Now
More Things to Know
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening.
  • Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 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, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
Regular APR
15.99%-22.99% Variable
Annual Fee
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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.