Just came across this in my emails. Better than the previous 10% bonus deal here
Is it worth the transfer?
Well $100 Coles eVoucher via CitiRewards is 20,900 points
If you have CitiSignature, your 20,000 Citirewards will turn into 23,000 points of which 20,000 points translate to $100 FlyBuys credit.
When transferring from CitiClassic or CitiGold Card it will cost you 37,209.3 points for $100 Flybuys Credit
When transferring from CitiRewards Card it will cost you 24,744.19 points for $100 Flybuys Credit
When transferring from CitiSignature CC it will cost you 18,604.65 points for $100 Flybuys Credit
With CitiRewards it will directly through CitiBank will cost you 20,900 points for $100 Coles eVoucher
Therefore this deal is only worth transferring from CitiSignature CC assuming that you have no use for your Citibank rewards points and that you shop at Coles.
Terms and Conditions
1. You must have an eligible credit card enrolled in Citibank Rewards. CitiBusiness Cardholders and customers who are enrolled in Citibank Qantas Rewards and the Skywards Miles Program will not be eligible. To redeem Citi reward Points for flybuys points, you must be a flybuys member and advise Citi of your flybuys membership number at the time of redemption. You may transfer a minimum of 2,000 Citi reward Points per redemption and receive 15% bonus flybuys points on each successful transfer made between Fri 20 Mar and Sun 31 May 2020. Only whole points will be allocated, fractions of points will be rounded to the nearest whole number. Visit citirewards.com to transfer Citi reward Points to flybuys points. Citi reward Points transferred for flybuys points will be credited to your flybuys account within 21 business days. The redemption of Citi reward Points will be administered solely by Citi and are subject to the Citi Rewards Program Terms and Conditions. Once Citi reward Points have been redeemed for flybuys points, they are governed by the standard flybuys terms and conditions and cannot be changed, cancelled or reversed.
Citi Prestige and Citi Premier cardholders: Currently 1 Citi reward Point equals 1 flybuys point. If you transfer 20,000 Citi reward Points you will receive 20,000 flybuys points and an additional 3,000 flybuys BONUS POINTS.
Citi Rewards cardholders: Currently 1.33 Citi reward Points equals 1 flybuys point. If you transfer 26,600 Citi reward Points you will receive 20,000 flybuys points and an additional 3,000 flybuys BONUS POINTS.
Citi Classic and Citi Gold cardholders: Currently 2 Citi reward Points equals 1 flybuys point. If you transfer 40,000 Citi reward Points you will receive 20,000 flybuys points and an additional 3,000 flybuys BONUS POINTS. 10058345