I receive compensation for many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, Capital One and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).
The American AAdvantage program updated its terms and conditions. Interestingly, or oddly, they’ve incorporated details of their Citi® / AAdvantage® Platinum Select® MasterCard® (but not of all of their co-brand cards).
They’ve even detailed the terms of the signup bonus in the program terms.
Earn 50,000 American Airlines AAdvantage ® bonus miles after making $3,000 in purchases within the first 3 months of account opening. American Airlines AAdvantage ® bonus miles are not available if you have had a Citi ® / AAdvantage ® Platinum Select ® Card opened or closed in the past 18 months.
Seeing the bonus in the card’s terms suggests to me that it could last awhile — although they also include APR interest rates in the terms as well and those can certainly change and will have to be updated.
Perhaps most interesting is that the requirements to earn a signup bonus for the card if you’re a previous cardmember are published with the AAdvantage terms and conditions.
If your previous card account has been closed for 18 months you are eligible to receive the signup bonus again.
In that way, they keep people from continually signing up and canceling for the purpose of receiving bonus after bonus, but they still position themselves to ‘win back’ the business of someone who had the card in the past.
Say that they got angry with an American Airlines flight and decided to respond by cancelling their AAdvantage credit card. A couple of years last they fly American again, realize they liked the benefits of the card like free checked bags and priority boarding. They see an ad for the card with a bonus, and they apply.
If Citi doesn’t give them the bonus, they get mad again, thinking “how come I’m not as valuable to Citibank as someone that’s never even been their customer before?” Citi would lose their business, when in fact they’ve demonstrated a likelihood already of being a good customer who uses their card. Citi wants that person back.
It’s not like the old days when Citi allowed customers to get the same bonus for the card every 90 days.
But even if you’ve had the card in the past, as long as you haven’t had it for 18 months, you’re eligible to receive that signup bonus again. 50,000 miles is a compelling offer for this $0 the first year ($95 thereafter) card.