Citi has already had a 500k/transfer limit in the T&C for years, but it appears they recently started to enforce it for online transfers to airline/hotel partners.
I have two data-points confirming the above website limit. Anyone successfully able to transfer more than 500k in one shot to a travel partner this week? At least Citi doesn't limit to 79,999 like SPG does.
You heard it first here on DDF.