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I spent most of the day traveling (or trying to travel anyway), so didn’t have a chance to play miles and points catch-up for the day until now. While I was in the air, it turns out that today was the day that the first big 100,000 mile credit card sign-up offer of the year made its online appearance! Those of you who read several miles and points blogs most certainly know of this by now, but for the two of you who don’t read the other blogs (hi, mom and dad!), here are a few of the key details, as well as some discussion on if it is worth the hefty $450 annual fee.
The Citi Executive American Airlines AAdvantage MasterCard is offering a whooping 100,000 American Airlines miles if you sign-up and make $10,000 in purchases in the first three months. Plus, you get $200 in statement credits on purchases in the first 12 months and Admiral’s Club access. And unlike with some other AA offers, this sounds like $200 in statement credits toward any charges, not just those from AA, but I can’t swear 100% to that. There are other perks too like free checked bag, earn up to 10,000 elite qualifying miles, and more, but I think that the miles, the statement credits, and the Admiral’s Club membership are the big draws.
The big question is, of course, is all of that worth the $450 annual fee?
This is a very easy question for many….yes. At the saver level, the miles alone will get you four domestic round trip tickets, or just about three off-peak round trip tickets to Hawaii, or a round trip ticket to Europe in business class. Any of those are easily worth $450. Then factor in the $200 in statement credits and the Admiral’s Club membership that sells for $500 a year by itself, and this is a very good deal. If you frequent the Admirals’ Club this is especially good timing since the Amex Platinum card will be losing access to the Admiral’s Club and US Airways Clubs on March 22, 2014.
The $10,000 spending requirement is high, but the deal is solid. Very solid. I think it is a good deal even if you don’t really use the Admiral’s Club. I would likely get this deal myself even though I don’t often visit the Admiral’s Club if I wasn’t in the middle of a house refinance. If it is around as soon as I close on my refinance I will pull the trigger myself.
I do want to point out that it seems this offer originated in a Admiral’s Club, and there is a spot on the application to enter referral code from an agent in the club, but that spot seems very optional. This is not an affiliate link of mine, so I can’t guarantee anything, but everything looks good with this and there are tons of success stories from folks applying today.
I can’t help but wonder if this will trigger some more public offerings of the Amex Platinum 100,000 point offer to surface. Fingers crossed. Thanks to The Points Guy for sharing the news of this Citi offer and good luck if you decide to go for it!