Frequent Miler on the Air
Citi tires of throupling. Will AA & Citi go exclusive? | Card Talk Ep7 | 9-26-24
Sep 26, 2024
The discussion dives into the implications of Citi potentially becoming the only issuer of American Airlines credit cards. Experts weigh the pros and cons of such exclusivity, including its effects on welcome bonuses. The conversation emphasizes the advantages of the Barclays Aviator Silver card and its exclusive perks. Listeners are guided on how to prepare for potential changes in credit card offerings, highlighting a tantalizing promotion with 70,000 bonus points. It's a blend of strategy and insights for frequent flyers and credit card enthusiasts.
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Quick takeaways
- The potential exclusive partnership between Citi and American Airlines may diminish competition, impacting cardholder benefits and welcome bonuses.
- If Citi becomes the sole issuer, it could enhance its rewards program by allowing ThankYou points to transfer to American Airlines, thus increasing appeal.
Deep dives
Potential Exclusive Partnership Between Citi and American Airlines
There are ongoing discussions between Citibank and American Airlines that could lead to Citi becoming the sole issuer of American Airlines credit cards. This change would result in Barclays no longer offering these cards, a significant shift in the landscape of airline credit cards. An exclusive partnership could benefit both parties; Citi would face less competition and possibly charge higher fees for miles, while American Airlines might generate more revenue from this arrangement. Nevertheless, the timeline and certainty of this development remain unclear, as it is still based on rumors from industry sources.
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