I’m hearing that Citibank should be notifying its customers today of benefits changes that go into effect May 1 for the Citi® / AAdvantage® Platinum Select® card
- Earning 2 points per dollar at restaurants and gas stations
- An annual $100 American Airlines flight discount after $20,000 spend within a year provided after card renewal
This annual flight discount for $20,000 spend on the card is being increased to $125. Either they find this is so successful they want to do even more here, or it’s not moving the needle on customer spend at all and they think $25 more will make a difference.
Unfortunately the card’s benefit of rebating 10% of AAdvantage miles redeemed (up to 10,000 miles back) each year is going away and you don’t have long to take advantage of it. American tells me that redemptions “on or before April 30, 2019” only will earn this rebate.
The challenge this creates is that the card is good for a nice initial bonus, and good for benefits (like earlier boarding and free checked bags) but doesn’t do a lot to encourage spend. To my mind the $125 flight credit doesn’t get you there. So they’re not making the card more attractive.
The loss of the 10% rebate on redemptions applies to Barclays-issued cards as well, though those are getting an even bigger refresh whose details I shared on Wednesday that help offset earning up to 10,000 fewer points per year through the benefit.