Citi American Airlines Platinum Card Adding New Benefits & Increased Annual Fee

Citi has announced the following benefits will be added to the Citi American Airlines Platinum card from July 22nd:

  • Earn 2X miles at restaurants and at gas stations
  • $100 American Airlines flight discount after you spend $20,000 or more in purchases during your cardmembership year and renew your card

The annual fee will also increase to $99 from $95. I was also told that a 60,000 mile bonus was coming on May 3rd, they obviously don’t know about the 60,000 mile offer that already exists. Citi is positioning this as a positive change for card members, I don’t think the new 2x categories are that exciting considering it’s possible to earn 4x on restaurant purchases and 5x on gas purchases with other cards. The $100 flight discount is useful, but spending $20,000 on the card doesn’t make sense as the bonus categories are so weak. If you put $20,000 on spend on this card you’d earn the $100 discount and 20,000 miles or 40,000 miles on the 2x category. If you put that same spend on a 2% card you’d earn $400. If you put it on a 4x card (for restaurant spend) you’d earn $800, for a 5x card (for gas spend) you’d earn $1,000.

Overall I see this as adding benefits nobody will/should take advantage of and increasing the annual fee by $4. Usually the annual fee is waived first year and I don’t think this card is worth keeping long term, so overall no real change I guess.

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