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Update: This offer is expired. You can find the current offer details here.
Update: This offer for the Citi® / AAdvantage® Executive World Elite™ Mastercard® is expired. Learn more about the current offer here.
For much of the year, Citi has been offering a very nice sign-up bonus on the Citi AAdvantage Executive World Elite MasterCard. The bonus is for 75,000 AAdvantage miles after spending $7,500 in purchases within the first three months of account opening.
I’ve just been informed that the current sign-up bonus will be pulled on Tuesday, October 27, 2015. So you have roughly a week to apply under the current offer.
While that’s a big minimum spend, it’s also a huge sign-up bonus. 75,000 AAdvantage miles will go a long way, especially given how valuable AAdvantage miles are. Personally I value American miles at ~1.8 cents each. So to me the 75,000 AAdvantage miles are worth $1,350.
The “catch” is that the card has a $450 annual fee, which isn’t waived the first year. Fortunately the Citi AAdvantage Executive World Elite MasterCard comes with some great perks which help offset the annual fee:
- An Admirals Club membership, giving you access to Admirals Clubs regardless of which airline you’re flying (while the Citi Prestige® Card is awesome, it only gives you Admirals Club access when traveling on American, so it’s not quite the same as a membership)
- 10,000 AAdvantage elite qualifying miles if you spend $40,000 on the card in a calendar year
- 25% savings on in-flight purchases of food, beverages, and headsets on flights operated by American Airlines when purchased with the card
- Priority check-in, screening, and boarding on American operated flights
This card is a fantastic option for anyone who would otherwise buy an Admirals Club membership, given that they range in cost from $400-500 per year. That means for most people getting an Admirals Club membership through the card is cheaper than buying it outright.
But beyond that, the sign-up bonus is huge, so the card is worth having for the miles alone. American miles remain one of the most valuable mileage currencies out there, as they can be redeemed efficiently for travel in premium cabins on Cathay Pacific, Etihad, Japan Airlines, Qatar, etc.
I think the card is worth having for at least a year, and then after that you can decide whether the card is worth it for you or not, depending on how often you travel with American.
You have about a week left to take advantage of the increased sign-up bonus on the Citi AAdvantage Executive World Elite MasterCard. We don’t know what the sign-up bonus will be after that, though I would guess it won’t be above 50,000 miles.
By my estimation, this sign-up bonus is worth over $900. I value the 75,000 miles at ~$1,350, so when you subtract the $450 annual fee, that brings you down to $900. But then when you factor in all the other perks — including Admirals Club access — the sign-up bonus is potentially worth even more than that. That’s a heck of an offer.
If you’ve been eying this offer, don’t delay!