Tag Archives for citibank.
Citi is revamping its Premier and Preferred cards. Citi Premier gets new earning categories, and spending points on paid travel will no longer be as lucrative (making points-to-miles transfers the only good option). Citi Preferred is getting new bonus categories.
They say that they can convince airlines to unlock frequent flyer accounts that have been audited for breaking the rules, and they want the owners of those accounts to break the rules again by bartering half the miles they get back. That won’t end well.
You can fly business class to Europe for 63,000 miles each way or Southeast Asia for 78,000. First class (Lufthansa) is 87,000 miles each way between the US and Europe. And that’s before special deals or cutting the cost with lower-cabin connecting flights.
And right now you can transfer points from Citi with a 25% bonus (or earn a 50% bigger than normal bonus from the LifeMiles credit card).
Their no annual fee card that earns 2% back is about to become much more useful, but travel protections are out the window from most of their cards in a matter of days. What’s the best Citi Rewards cards out there in light of these changes?
Citibank hosts an only invitation-only community of American AAdvantage co-brand cardholders. They provide incentives like gift cards for participation. And they’ve just sent out another round of invitations.
Barclays has just increased the initial bonus offer for its AAdvantage Aviator Red Mastercard to (what’s tied for) a best-ever bonus offer of 60,000 miles after first purchase within 90 days and paying the card’s $99 annual fee — there is no minimum spend — but added on an unprecedented $99 companion ticket also after first purchase within 90 days.
I have a companion ticket from my Aviator Silver card and was just lamenting that I have only one as I plan a few domestic trips with my wife and infant daughter where American Airlines travel makes the most sense.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
Citibank pulled out of advanced negotiations with Apple to be the new issuer of a co-brand card that will now launch from Goldman Sachs this summer. According to a report “J.P. Morgan Chase, Barclays and Synchrony, also bid on the business.”
One bank staffer is said to have texted a Goldman Sachs executive, “Dude, if that portfolio ever makes money, I’m buying you a beer.”
American Express confirmed that Priority Pass cards they provide to customers will no longer provide a dining credit at airport restaurants effective August 1.
That naturally leads to a great deal of speculation about whether other card issuers will do the same thing. Here’s what I’ve uncovered.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
