What's Happening?
Citi has announced a new promotion offering a 20% bonus on transfers of ThankYou points to the Qantas Frequent Flyer program. This offer is available from October 19 to November 8, 2025, and marks a rare opportunity for Citi ThankYou members, as such
bonuses to Qantas have not been seen in years. Typically, points transfer at a 1:1 ratio, but during this promotion, 1,000 Citi ThankYou points will convert to 1,200 Qantas Frequent Flyer points. The promotion is particularly appealing for those looking to redeem points for flights on Qantas, Emirates, Fiji Airways, and American Airlines, among others. The Citi ThankYou program includes several credit cards, such as the Citi Strata Premier and Citi Strata Elite, which allow for easy point accumulation and transfer.
Why It's Important?
This promotion is significant for frequent travelers and credit card users who leverage points for travel rewards. The 20% bonus enhances the value of Citi ThankYou points, making it an attractive option for those planning to book flights with Qantas and its partners. Given the devaluation of other frequent flyer programs, this offer could provide a more cost-effective way to book premium travel experiences, particularly on Emirates, which has seen less favorable redemption rates in recent years. The promotion underscores the competitive nature of credit card rewards programs, as issuers like Citi seek to attract and retain high-value customers by offering enhanced benefits.
What's Next?
As the promotion runs until November 8, 2025, Citi ThankYou members have a limited window to take advantage of the bonus. Travelers with specific plans to use Qantas Frequent Flyer points should consider transferring their points during this period to maximize value. The offer may prompt other credit card issuers to introduce similar promotions to maintain competitiveness in the rewards market. Additionally, frequent travelers might reassess their loyalty strategies, potentially shifting their focus to programs offering the best redemption value.