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Update: Some offers mentioned below are no longer available – Citi ThankYou Preferred CardCiti Prestige Card

Citi is back with a fantastic promotion, offering a 30% bonus when transferring ThankYou points to Air France/KLM’s Flying Blue program.

Normally, points transfer instantly to the loyalty program at a 1:1 ratio, but with this bonus, you’ll be getting 1,300 Flying Blue miles every time you transfer 1,000 ThankYou Points. The promotion is valid through August 29, giving plenty of time to decide if it makes sense to transfer your points to the program. Air France and KLM are part of the SkyTeam alliance, meaning you can book awards with their partners like Aeromexico, Delta and Korean Air.

Flying Blue recently changed its award pricing to a more dynamic system. While it can be harder to predict what an award flight will cost, we have seen some pretty good deals. For instance, as part of the monthly Flying Blue promos the program is offering round-trip flights from Washington DC (IAD) and Houston (IAH) to Europe from 21,500 miles. With the 30% transfer bonus, it takes just 16,540 ThankYou points to book one of these awards.

You can search the Flying Blue calculator to see what the program will charge for certain routes. Just keep in mind that it will display the minimum miles required, and the actual award price may be higher. Flying Blue can also tack on significant fuel surcharges and fees on award tickets (although that usually happens only when flying on Air France or KLM planes). If you want to learn more about maximizing this transfer bonus, you can check out our post on Amex’s 25% Flying Blue transfer bonus, which can give you some ideas on what to book.

With the 30% bonus, examples include a flight from New York (JFK) to Frankfurt (FRA) for 53,000 miles, or 40,770 ThankYou points, in lie-flat business class on Air France, KLM or Delta. Or fly to Tel Aviv (TLV) in economy for just 50,000 miles round-trip, or 38,463 ThankYou points.

I love the seats
Air France business class aboard the carrier’s Boeing 777.

If you’re short on ThankYou points, the Citi Premier Card is currently offering a sign-up bonus of 50,000 points after spending $4,000 in the first three months of opening your account. If you meet the minimum spend fast enough, you may even be able to transfer your new ThankYou points to Flying Blue before the promotion ends. Even if you don’t, Citi frequently runs transfer bonuses for different airlines when transferring to its partners.

Other ThankYou point earning cards include the Citi Prestige, Citi ThankYou Preferred Card and AT&T Access Card from Citi. If you’re not keen on transferring your ThankYou Points to Flying Blue, the program has a variety of other transfer partners that can be utilized for significant value.

Featured image by SJO / Getty Images.

Citi Premier℠ Card

This card is now offering a 50,000-point bonus after spending $4,000 in the first three months.

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More Things to Know
  • Earn 50,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening
  • Earn 3 points per $1 spent on travel including gas stations
  • Earn 2 points per $1 spent at restaurants and on entertainment
  • Earn 1 point per $1 spent on all other purchases
  • 50,000 Points are redeemable for $625 in airfare on any airline, anytime with no blackout dates when booked through the ThankYou® Travel Center, or $500 in gift cards when redeemed at thankyou.com
  • No expiration and no limit to the amount of points you can earn with this card
  • Points Transfer allows you to transfer points to participating airline loyalty programs
  • No Foreign Transaction Fees on purchases
Intro APR on Purchases
N/A
Regular APR
16.74% - 25.74% (Variable)
Annual Fee
$95, waived for first 12 months
Balance Transfer Fee
3% of each balance transfer; $5 minimum.
Recommended Credit
Excellent

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