It’s one of the least understood credit cards I’ve seen, it’s hard to apply for (cannot be applied for online), and the benefits aren’t even documented online. Anywhere, that I can tell.
He previously outlined some of the basics: $395 annual fee, comes with American Admirals Club access, 4% rebate on American Airlines spend and 1% on all other spend.
You call to express your interest, someone calls back to qualify you, then they’ll schedule a followup call. Seriously.
Well, he’s now apparently had his followup call and has additional answers.
It’s a true corporate card, they don’t pull your personal credit. They require $4 million in business revenue.
The 4% rebate on American purchase and 1% rebate on all spend are stackable, so it’s 5% cash back on your American Airlines air travel. And you can use that in combination with regularly available discount codes of 5% – 10% for use at AA.com.
In addition to the cash back (in the form of American Airlines gift cards), you also earn Business ExtrAA points: 3 points per $20 spend on American travel and 1 point per $20 on everything else.
So for most spend you earn 1% back plus 1/20th of a Business ExtrAA point. Not that appealing, except there are some interesting rewards in the Business ExtrAA program (which American flyers should seek to join anyway, to double dip on their American travels).
- 3000 points for an Admirals Club membership, so requires $60,000 spend (the card comes with the benefit, but you can assign the membership to anyone)
- 2400 points for American AAdvantage Gold status, so requires $48,000 spend (and you can assign the status to anyone)
- 2000 points for a North America roundtrip saver award, so requires $40,000 spend — but again this is on top of the 1% cash back
- 5400 points for a premium cabin Hawaii award, so requires $108,000 spend — on top of the 1% cash back of course.
I do wish the card was easier to apply for, and earned more Business ExtrAA points for non-American Airlines spend. But it could be useful to some. And thanks to Pizza in Motion for doing the research.