For a limited time you can get a 20% bonus when converting your Citi ThankYou points to Asia Miles, the frequent flyer program of Cathay Pacific and Cathay Dragon. The regular conversion rate is 1,000:1,000, so you’ll be getting 1,200 AsiaMiles per 1,000 ThankYou points during the promotional period.
You have through September 6 to transfer ThankYou points at the promotional rate.
Best uses of Asia Miles?
Asia Miles is not a program that I have researched heavily, but it is definitely one of the more lucrative transfer partners in the Citi ThankYou program. Asia Miles has distance-based award charts that differ based on whether you are traveling on Cathay Pacific OR on a combination of oneworld partners. You’ll need to look at their site for some specifics.
If I’m reading things correctly, some of the best value is in flying business on multiple oneworld partners in business class. For example (and if I’m reading things correctly), you could fly SFO-NRT-HKG-KUL-DOH-CDG-JFK for only 140,000 miles in business class, as it is about 19,000 flown miles and falls into band 10 of the oneworld award chart. This is a steal. During the promotional period this will only cost 117,000 ThankYou points.
One of the better features of Asia Miles redemptions is the fact that you can build up to 5 stopovers into your trip. So…using the itinerary above, you could see Tokyo, Hong Kong, Kuala Lumpur, Doha, and Paris all in one trip and on one ticket!! You’d also likely be flying JAL, Cathay, Malaysia, Qatar, and American airlines on this itinerary.
Your ticket will be subject to fuel surcharges, so keep this in mind when picking partners. Avoid British Airways like the plague.
Conclusion
There is a lot of potential to this transfer option. I wouldn’t transfer miles speculatively, but if you can spend some time exploring their program, it might make for a lucrative use of your ThankYou points.
To contrast this great promo, Hilton is still offering a ThankYou point transfer promotion that you do NOT want to use.
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Dan Miller travels with his wife and 6 (SIX!) children. He loves to help families travel for free / cheap, especially larger families. If you are looking for help, drop him an email at 
Great article! I have a question. I built the following trip: jfk-nhd-sha-hkg-jfk and checked business class availability for it on ba.com. After finding available seats in business class I call American Airlines to book, but they told me the required AA miles for this trip is 180K instead of 140K (total miles 19,690 mi, just below 20K). Where is my mistake? Thanks!
These are Asia Miles, the Cathay Pacific Frequent Flyer currency. If you call AA, they will quote you their price in their own miles. You’ll need to call Asia Miles.
https://www.asiamiles.com/am/en/amtsl/contactus?format=popup