With the impact of COVID-19 on travel and the closure of airport lounges, it’s been a challenge for credit cards that justify a large annual fee by including lounge access.
Yesterday, Amex announced a $150 credit on the Consumer version of the Delta Reserve Card and $125 on the Business Delta Reserve.
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$225 credit for Citi / AAdvantage Executive card
Today, Citi has gone even further, notifying eligible Citi / AAdvantage Executive cardmembers who had an open account as of March 31, 2020 and prior that they will be given a one-time courtesy credit of $225 upon card renewal.
Cardmembers will see the credit within two billing statements after the annual fee bills to their account.
Certificate Extensions for Citi / AAdvantage Platinum Select and Citi / AAdvantage Business Platinum cards
In addition, they will offer a 6-month extension to Flight Discount certificates with an expiration between March 31, 2020 and May 31, 2021 held by existing Citi / AAdvantage Platinum Select cardmembers. Also, existing Citi / AAdvantage Business Platinum cardmembers who hold a companion certificate with an expiration date of December 31, 2020 will receive a 6-month extension, with these certificates expiring on June 30, 2021.
This is great news for Citi AAdvantage credit card holders. The annual fee on the Citi / AAdvantage Executive is $450, so this is a 50% reduction in the annual fee.
Does this satisfy you if you are en existing cardmember?
Let me know here, on Twitter, or in the private MilesTalk Facebook group.
You can find credit cards that best match your spending habits and bonus categories at Your Best Credit Cards.
New to all of this? My “introduction to miles and points” book, MilesTalk: Live Your Wildest Travel Dreams Using Miles and Points is available on Amazon and at major booksellers.