As I wrote about yesterday, the increased welcome bonus on the Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard® is scheduled to end tomorrow, Thursday, July 13, 2017. This is the best sign-up bonus we’ve ever seen on the card, so in this post I wanted to look at a few reasons you should consider picking up this card today.
The best bonus we’ve ever seen on the card
The Citi AAdvantage Platinum Mastercard is offering a welcome bonus of 50,000 AAdvantage miles after making $2,500 of purchases within the first three months, which is the biggest publicly available bonus I ever recall seeing on the card.
In fairness, American miles have been devalued a bit over the years, so that’s only reasonable. However, 50,000 miles is a very good welcome bonus. We don’t know what the bonus will be after tomorrow, but I suspect it’ll be somewhere between 30,000 and 50,000 miles upon completing minimum spend.
The first year’s annual fee waived
While the card has a reasonable $99 annual fee, it’s waived for the first year, so this is a chance to “try it before you buy it,” as you’ll have 12 months without an annual fee.
Perks when flying American
If you’re not an American elite member, you’ll appreciate the perks offered with the card if you ever fly American. These perks include preferred boarding on domestic American flights, as well as the first checked bag free on domestic itineraries for you and up to four companions on the same reservation. That can save you a significant amount of money if you ever check bags on domestic itineraries.
Great premium cabin partner redemption opportunities
While I’m extremely frustrated by American’s lack of saver level award seats on their own flights, there are still excellent redemption opportunities available on partner airlines.
Just looking at redemptions originating in the US, 70,000 AAdvantage miles will get you a one-way business class ticket from the US to Asia, the Middle East, India, etc. This can be on airlines like Cathay Pacific, Japan Airlines, Etihad, Qatar, etc.
I’ve lowered my valuation of American miles from 1.5 cents to 1.3 cents each recently, but I can’t value them much lower than that. At the end of the day, one of the above awards is easily worth ~$1,800 roundtrip, which is what you’d be paying with my valuation.
American miles are worth less than they were before, but most definitely not worthless.
This is your last chance to take advantage of the increased sign-up bonus on the Citi AAdvantage Platinum Mastercard. This bonus is the best we’ve seen on the card, the card should be pretty easy to be approved for. Even with my recently lowered valuation of 1.3 cents per American mile, the sign-up bonus on this card is still worth ~$780.