March 25th, 2012
Confirmed: Citi ThankYou Points To Be Transferable To British Airways And Singapore Airlines Starting In April!
Update: 3 separate representatives have confirmed to me that point transferring from ThankYou to British Airways And Singapore Airlines will indeed start in April! The exact date is unknown at this point.
You will now be able to transfer points to OneWorld carrier BA from American Express Membership Rewards, Chase Ultimate Rewards, and Starwood Starpoints, as well as ThankYou points. You can transfer points to Star Alliance carrier Singapore from American Express Membership Rewards, Starwood Starpoints, as well as ThankYou points.
-Get A 50% Bonus When You Transfer American Express Membership Rewards Points Into British Airways Avios!
-Flying With An Infant With Miles In Business Or First Class? Start Collecting Air Canada Or British Airways Miles…
-Short-Haul Flights: BA Avios Versus LAN Lanpass.
-BA Miles Are Now Avios…For Better Or For Worse.
According to this DDF thread, starting in April you will be able to transfer Citi ThankYou points over to British Airways at a 1:1 ratio.
I haven’t been able to personally confirm this yet as their offices are closed right now, but if true it’s a nice value being added to ThankYou points.
I’m not fond of points that have a set value, typically a penny each, like ones from Citi, Discover, Capital One, and many other banks.
I prefer true airlines miles and hotel points, (or currencies like American Express Membership Rewards, Chase Ultimate Rewards, and Starwood Starpoints that allow points to be transferred to dozens of other mileage programs) where the value of each point can be 2 cents, 5 cents, 10 cents, heck even 50 cents each if you redeem for an awesome award, like an around-the-world. With real miles the price of the paid ticket has nothing to do with the points required. I’ve redeemed miles for first class flights that would have cost $20,000 (or 2 million Capital One points as those are pegged to the cost of a ticket) but cost less than 150,000 airline miles.
While British Airways isn’t great for long-haul connecting flights it’s an excellent program if you’re traveling with infants or flying on shorter flights. There are no fuel surcharges for flights wholly within the western hemisphere.
With British Airways I can fly round-trip from Cleveland to New York with no advance notice for 9,000 miles plus $5 tax. A paid ticket for a same-day turn like that would cost over $1,100. Or a similar ticket between NYC and Montreal like that would cost over $1,500. So you could fly on that flight for 150,000 Capital One points or 9,000 British Airways miles.
Currently Citi ThankYou points can only be used as points pegged to the cost of a ticket. As I’m sitting on a hoard of them I sure hope this rumor turns out to be true as I’ll transfer them all over to British Airways!