Citi Adds Preferred Hotels & Resorts as 1:4 Transfer Partner
Update: Looks like more properties have award availability. Take another look if you have a stash of ThankYou points.
Citi has one new transfer partner as of today, bringing the total number of partner programs to 19. Citi cardholders can now transfer ThankYou points to I Prefer Hotel Rewards, which is the loyalty program for Preferred Hotels & Resorts.
If you have one of the Citi premier products such as the Citi Strata Premier, you can transfer points at a ratio of 1:4. That means that for every 1,000 ThankYou points you will receive 4,000 I Prefer points.
You can start transferring points here.
Preferred Hotels & Resorts is a collection of more than 650 independent hotels in over 80 countries. I Prefer members enjoy instant rewards and benefits including exclusive member rates, points for future stays, and hotel benefits such as early check-in and free Wi-Fi.
Reward nights start at just 15,000 points, but they can go as high as 150,000 points per night. But those top properties can cost more than $1,000 per night. The Wall Street Hotel in New York for example is priced at 150,000 points or $1,495 per night.
That would be a good redemptions of 37,500 ThankYou Points.
With all that said, finding any award availability seems almost impossible. While you will see the price in points when you first search, you will then only see a cash price or cash + points option. I’m not sure if this is just temporary, but for now it doesn’t make sense to transfer points, unless you want to redeem at a handful of properties.
Examples
I did find a few properties that have award availability. The Inn by the Sea in Cape Elizabeth, Maine shows a cost of 100,000 points or $345.80 per night in late November. That’s not a bad deal for 25,000 ThankYou points.
Hotel Espana in Central Barcelona cost 50,000 points per night.
Cash prices vary between $170 and $220.
Other options include the H10 Metropolitan in Barcelona Spain and The Windsor Court in New Orleans.
Let me know if you see any other properties that are available to book with points.
Citi ThankYou Transfer Partners
PartnerRatio Accor Live Limitless2 : 1 Aeromexico Club Premier1 : 1 Air France KLM Flying Blue1 : 1 Avianca LifeMiles1 : 1 Cathay Pacific Asia Miles1 : 1 Choice Privileges1 : 2 Emirates Skywards1 : 1 Etihad Guest1 : 1 EVA Air Infinity MileageLands1 : 1 JetBlue TrueBlue1 : 1 Leading Hotels of the World5 : 1 Preferred Hotels & Resorts1 : 4 Qantas Frequent Flyer1 : 1 Qatar Privilege Club1 : 1 Singapore Airlines KrisFlyer1 : 1 Thai Royal Orchid Plus1 : 1 Turkish Airlines Miles & Smiles1 : 1 Virgin Atlantic Flying Club1 : 1 Virgin Atlantic1 : 1HT: newg33b
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