At least not if you are Australian!  Etihad is running one of it’s 25% bonus points when you transfer your partner points to Etihad Guest Miles.  Unfortunately, the main partners we would be using are specifically excluded – Amex Membership Rewards & Flybuys.

• The offer is valid for all Points to Miles conversions made between 1 July and 31 July both days inclusive.

• Participating points conversion partners: Accor Hotels, ADCB, Radisson Blu, Citibank, Emirates Islamic Bank, Heathrow Rewards, Hilton Honors, Hyatt, IHG, Joyalukkas, Marriott Rewards, NBAD, Shangri-La.

• Non participating points conversion partners: HSBC, Etisalat Rewards, American Express Membership Rewards (All regions), Starwood StarPoints and Flybuys Rewards.

Full T&Cs here.  This is a good deal if you have Citi Thank You points but only if you plan to use the miles before they expire.