Update: This offer for the Citi® / AAdvantage® Executive World Elite™ Mastercard® is expired. Learn more about the current offer here.
The Citi Executive AAdvantage World Mastercard, which is American Airlines’ premium co-branded credit card, is offering a hell of a sign-up bonus right now. They’re offering 100,000 AAdvantage miles after spending $10,000 within three months.
The card does have a hefty $450 annual fee which isn’t waived for the first year, though comes with a couple of other useful benefits:
- American Admirals Club access
- 10,000 American AAdvantage elite qualifying miles for any year in which you spend $40,000 on the card
- $200 statement credit
What makes this card even more interesting than before is that as of March 22, 2014, American Express Platinum cardmembers will no longer get access to American Admirals Clubs, so this will be the only credit card that comes with Admirals Club access. So it’s not surprising that they’re trying to gain market share in the “premium” credit card market and incentivize people to sign-up now.
I’m really tempted to apply for this. I don’t actually get anything out of the Admirals Club access that comes with the card, given that I already have status through British Airways, which gets me Admirals Club access even when traveling domestically. That being said, even if you value American miles at only one cent each (which is way on the low side — I value them at 1.8 cents each as of now), that’s still the equivalent of a 75,000 mile sign-up bonus with no annual fee the first year (after you factor in the $200 statement credit, essentially bringing down the annual fee to $250). It’s really tough to argue with the value of that, though there is a high minimum spend requirement.
One other thing to note is that this isn’t really an official link that’s available on Citi’s website. Instead this offer seems to be available through some Admirals Clubs. However, you can leave the fields for the six digit referral code and three letter airport code blank and it will still generate the application. I imagine the terms will be honored as advertised regardless, though can’t personally guarantee it since it’s not my link.
(Tip of the hat to The Points Guy)