The best credit card bonus of 2014 had to be the 100,000 mile Citi Executive AAdvantage card. Sure, it came with a $450 annual fee that was not waived, but it also gave a $200 statement credit as well as Admiral Club access and the 100,000 AA miles. Many people got 2 of these cards, others received 3, 4 or even more of this card to pad their AA accounts.
But, now the last batch of those cards are getting ready to come due with another annual fee or have already had them post. I know I am canceling my card as I now have access to oneworld lounges thanks to my newly minted Air Berlin status (From Zero To Gold In 7 Hours – Status Matching For oneworld Sapphire) and the card really does not give me anything else of value.
Don’t Cancel Your Citi Executive AAdvantage Card Yet!
However, before you canceling the card, you may want to take advantage of a new feature that has just been added over the last week. That feature allows the Citi Executive AAdvantage card to join other high-fee cards (like the Amex Platinum and Citi Prestige) to offer reimbursement for a Global Entry payment. To apply for the Global Entry program, it costs $100 and, if approved, the status lasts 5 years. If you have been thinking about going for Global Entry, hold off on canceling your Citi Executive AAdvantage card so you can use this feature!
Once the annual fee hits your card, you have 37 days to get a refund of the annual fee. According to the new Global Entry reimbursement program, Citi says it can take 1 or 2 billing cycles to see that reimbursement post. I would guess it would be similar to the Amex Platinum which posts a reimbursement within just a couple/few days after the charge has posted. It was also similar to how the $200 statement credit worked with the Citi card last year.
If you already have Global Entry, you can renew it if it will expire within 365 days (see this post for step-by-step renewal instructions). Alternatively, if you already have Global Entry and cannot renew yet, you can use the card to pay someone else’s Global Entry fee. The reimbursement is not specific to the cardholder.
So, this card has one last chance to give some great value before you close it out! Give it a shot soon before you have your annual fee to pay.
HT: Doctor of Credit