In light of the current pandemic we’re seeing card issuers add some more perks on select cards, in particular on cards with a travel focus. It goes without saying that consumer behavior has changed a lot, and this also impacts our credit card spending patterns. We’ve seen initiatives from Amex, Chase, and Citi, in this regard.
Citi has now announced a credit on one of my favorite cards that they issue.
Citi AAdvantage Executive Card gets $225 credit
The Citi® / AAdvantage® Executive World Elite™ Mastercard® (review) is one of my favorite airline credit cards out there. The primary benefit of this $450 annual fee card is that it offers an Admirals Club membership.
What makes this card so epic is that you can add up to 10 authorized users to the card, and each of them gets Admirals Club access as well, even when not traveling with you. Essentially with one annual fee you can get Admirals Club access for up to 11 people, and each can bring two guests with them.
Understandably Admirals Club access isn’t a very valuable benefit at the moment, with most people not traveling.
Given the impact of COVID-19 on travel, and the temporary closure of many Admirals Clubs, the Citi AAdvantage Executive Card will offer a $225 credit:
- This applies to those who had an open account as of March 31, 2020
- The one-time $225 credit will be issued when you renew your account, essentially slashing the annual fee in half
Citi Business Platinum Card companion certificate extension
The CitiBusiness® / AAdvantage® Platinum Select® Mastercard® (review) has a great sign-up bonus of 65,000 AAdvantage miles at the moment, so if you don’t have the card it’s worth considering.
For those who do have the card, the expiration of one perk will be extended. Existing cardmembers who hold a companion certificate with an expiration date of December 31, 2020, will receive a six month extension, with these now expiring on June 30, 2021.
I’m happy to see these initiatives from Citi, and in particular am happy to see that the the Citi AAdvantage Executive Card will have a credit equal to half the annual fee upon renewal. This is such a valuable card (for when travel is a thing), and it’s a card I’ll have for as long as benefits stay the same.
To those with the Executive Card, how do you feel about the $225 credit?