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[Expired] Get a 30% Bonus When You Transfer Citi Points to I Prefer Hotel Rewards [Ends June 13]

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Ryan Smith
Edited by: Keri Stooksbury
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Update:

The offer mentioned below has expired and is no longer available.

The Citi ThankYou Rewards program is back with another transfer bonus to a hotel program, this time to I Prefer Hotel Rewards, the loyalty program for Preferred Hotels & Resorts.

Let’s take a look at the details of the promotion to determine whether it’s worth taking advantage of for your upcoming travels.

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Transfer Citi Points to I Prefer With a 30% Bonus

Citi ThankYou Points usually transfer to I Prefer at a 1:2 rate. This means that every 1,000 Citi ThankYou Points transferred normally gets you 2,000 I Prefer points.

However, until June 13, 2026, you’ll receive a 30% bonus on transferred points. In other words, you’ll enjoy a temporary transfer rate of 1:2.6 — or 2,600 I Prefer points for every 1,000 Citi ThankYou Points you transfer.

Citi transfer bonus Preferred Hotels May 2026
Image Credit: Citi

Just keep in mind that:

  • The bonus is valid through 11:59 p.m. ET on June 13, 2026.
  • Points must be transferred in increments of 1,000 Citi ThankYou Points.
  • Point transfers cannot be canceled or reversed once initiated.
  • The first and last names on your Citi ThankYou Rewards account and I Prefer account must match.
Hot Tip:

Leveraging transfer bonuses is a great way to maximize the value of your hard-earned points and miles. Don’t forget to bookmark our updated monthly guide to the current transfer bonus promotions you can utilize.

Is It Worth It?

If you’ve got a stay coming up at a Preferred Hotels & Resorts property, this transfer bonus could help you top off your balance or knock down the cost of a night.

However, we value Citi ThankYou Points at 1.6 cents per point and I Prefer points at just 0.5 cents per point. Even with the 30% transfer bonus, it’s like swapping 1.6 cents worth of points for 1.3 cents worth of points. That’s because 2,600 I Prefer points valued at 0.5 cents each equals $13, while 1,000 Citi ThankYou Points at 1.6 cents each is worth $16.

In other words, the math doesn’t work in your favor with this transfer — even when accounting for the 30% bonus.

Montage Laguna Beach aerial Preferred Hotels & Resorts
Preferred Hotels can be found in some incredible locations. Image Credit: Montage Laguna Beach

That said, transferring your points during this promotion could still make sense in a couple of scenarios. If you need to top off your I Prefer balance to unlock a specific redemption, moving a small number of Citi points over might be exactly what gets you across the finish line. I Prefer points convert into Cash Rewards Certificates that can be applied toward stays at more than 600 luxury hotels across 80 countries.

It’s also worth considering if you’ve located a high-value redemption that beats our baseline of 0.5 cents per point through I Prefer. Just be sure to crunch the numbers before you transfer, since these moves can’t be undone.

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Final Thoughts

Ultimately, this 30% transfer bonus to I Prefer Hotel Rewards is a niche play. The straight math suggests Citi ThankYou Points hold more value when used in other ways, but the bonus could be useful if you’re topping off for a specific Preferred Hotels stay. If you’re going to take advantage of this deal, do so before the promotion ends on June 13.

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About Ryan Smith

Ryan completed his goal of visiting every country in the world in December of 2023 and is now revisiting some favorites. Over the years, he’s written about award travel and credit cards for publications like AwardWallet, The Points Guy, USA Today Blueprint, CNBC Select, Tripadvisor, Point.me, Forbes Advisor, and more.

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