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Qatar Airways Privilege Club is offering up to a 40% bonus converting bank points to Avios through June 30, 2022.
- 20% bonus when you convert up to 20,000 points
- 40% bonus converting 20,000 points or more
- The bonus is per-transaction (each transaction has to be 20,000 points or more to earn the 40% bonus) rather than based on the total you transfer, if making multiple transactions
This bonus won’t appear immediately and won’t show up when you go to make your transfer. It is awarded by Qatar Airways Privilege Club after the fact, not by your bank. The terms of the offer give Qatar up to 45 days to post the bonus.
Since Qatar Airways Privilege Club Avios transfer to British Airways and Iberia accounts (as long as those accounts are at least 90 days old and have had some activity) this can be effectively used as a 40% transfer bonus to those programs as well, just transfer to Qatar Airways first and then onto your preferred program.
The following bank partners whose points are transferable are eligible for the bonus:
The participating partners are Ahli Bank Qatar, Ahli United Bank, Ahlibank Oman, Air Miles, American Express, Amex Centurion Design Cards by Hyundai Card (Korea), Citibank, Commercial Bank of Qatar, Doha Bank, Dukhan Bank, Hana Members, HSBC (Greece, Mexico, Sri Lanka, Taiwan, Hong Kong), Kuwait Finance House, Masraf Al Rayan, Ping An E-wallet (Wanlitong), Qatar International Islamic Bank (QIIB), Qatar Islamic Bank (QIB), Qatar National Bank (QNB), CIMB, KBank, Standard Chartered Bank Singapore, BSF (Banque Saudi Fransi).
You’ll notice that American Express Membership Rewards is listed, but the U.S. Amex program isn’t a Qaar partner. Among U.S. banks Citi is unique with transfers to Qatar Airways.
In the fall I was approved for a Citi Premier® Card, which currently has an initial bonus to earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within .the first 3 months of account opening. I need to decide how to use these points, as the up front bonus is highly compelling but the card’s 3 Points per $1 spent at Restaurants and Supermarkets and 3 Points per $1 spent at Gas Stations, Air Travel and Hotels largely duplicates earning I generate on other cards.
Citi’s points can be transferred to a variety of frequent flyer programs, including:
- SkyTeam: Aeromexico Club Premier, Air France KLM Flying Blue
- oneworld: Cathay Pacific Asia Miles, Malaysia Airlines Enrich, Qantas Frequent Flyer, Qatar Airways Privilege Club
- Star Alliance: Avianca LifeMiles, EVA Air Infinity MileageLands, Singapore Airlines KrisFlyer, Thai Airways Royal Orchid Plus, Turkish Airlines Miles & Smiles
- Non-alliance: Emirates Skywards, Etihad Guest, JetBlue TrueBlue, Virgin Atlantic Flying Club
Qatar Airways al Safwa Lounge, Doha
If Citi is able to bring back American Airlines AAdvantage as a transfer partner many will prefer it, though with my large AAdvantage balance I’m not necessarily looking for more there. I can earn most of the other strong currencies elsewhere, and would primarily consider transferring to Turkish. However a 40% bonus with Qatar is pretty compelling – especially since Qatar Airways redemption rates for their own flights are downright reasonable; they offer one of the best products in the sky; and their route network is outstanding for flights to the Mideast, Africa, and parts of Asia.