The Lowdown on the Citi AAdvantage World MasterCard

by : Eric Wasselman

As one of the many AAdvantage cards by Citibank, the Citi Platinum Select®/AAdvantage World MasterCard caters to individuals with a good credit score and who frequently travel on American Airlines.

The Citi AAdvantage World MasterCard awards cardholders with one AAdvantage mile for every dollar spent on the card. Accumulated miles can then be redeemed for hotel stays, car rentals and free travel via American Airlines, American Eagle, American Connection and other participating carriers, with no blackout dates. There is a maximum cap of 100,000 miles that can be earned per card each year, which is well within reason. This limit does not apply for the other AAdvantage cards from Citibank. However, the miles will expire if there is no account activity for three years.

The difference between this AAdvantage card and others is not very apparent. Aside from the maximum cap, the Platinum Select card offers 15,000 Bonus Miles on the first purchase as well as no 'pre-set spending limits', which provides cardholders with room to go over their credit limit once in a blue moon. Also, as this is a Platinum Select card and not a full fledged Platinum card, this card with several benefits that are typical of a Platinum card such as $1,000,000 in travel accident insurance for airline tickets purchased with the card.

Also, the card's APR is somewhat above average as compared to other cards of the same category. On the flip side, there is an $85 annual fee attached, thus making this card rather costly to own and use. To add to the cost, a minimum rate of 19.99% is imposed for cash advances, regardless of any drop in the Prime Rate with which the APR is dependent on.

To sum it up, individuals traveling frequently with American Airlines and partnering carriers will reap the full benefits from owning the Citi AAdvantage World MasterCard, as most of these benefits are specially tailored for this target market.