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Citi has 2 cards with $400+ annual fees?

Super Contributor

Re: Citi has 2 cards with $400+ annual fees?

US Airways card is backed by Barclays.

 

Those 2 Citi cards mentioned are also World Elite Mastercards. Generally you need to spend A LOT, especially on the prestige, to make it worthwhile.

If you can spend a lot on it, the reward structure can much better than CSP and most cards out there.

read this link: https://www.accountonline.com/ACQ/DisplayPage?docId=CompleteDetailsPop&sc=4KMZ12C31000111111W&app=UN...

 

Basically the Prestige is targetted towards HNW clients or people who can somehow swipe lots of charges on it.

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Message 11 of 28
Regular Contributor

Re: Citi has 2 cards with $400+ annual fees?

AA bought out US Airways.

Message 12 of 28
Valued Contributor

Re: Citi has 2 cards with $400+ annual fees?


jzon450 wrote:

Why if you don't mind me asking?


MyFico TOS

 

Promotion of a credit repair organization, as defined in the federal Credit Repair Organizations Act or similar state laws, or the services of such an organization;

Spam, such as advertisements for other web sites and services, or other solicitation; chain letters, pyramid schemes, or securities offerings

Posting a link to the poster’s personal blog or web site without explicit permission from a FICO Forums administrator;

Posting a link directing users to any information or content that, if posted on FICO Forums, would constitute a violation of the Terms or of any State or Federal law;

Material, the posting of which violates any party’s copyright or other intellectual property rights;

 


not saying this is the intent but its better to be safe than sorry.

as a reminder this website is ran and operated by Fair Issacs....

 

Just a heads up...

ccpics2.jpg
Message 13 of 28
Super Contributor

Re: Citi has 2 cards with $400+ annual fees?

Then the US air card will probably go away, not AA, but probably not for quite some time.
Message 14 of 28
New Member

Re: Citi has 2 cards with $400+ annual fees?

I thought US bought AA?  Weren't they going through bankrupcy?  

Message 15 of 28
Super Contributor

Re: Citi has 2 cards with $400+ annual fees?

its a "merger".

http://en.wikipedia.org/wiki/American_Airlines%E2%80%93US_Airways_merger

 

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Message 16 of 28
Valued Contributor

Re: Citi has 2 cards with $400+ annual fees?


jzon450 wrote:

I thought US bought AA?  Weren't they going through bankrupcy?  


That deal should be finalized by Q3 of this year..

ccpics2.jpg
Message 17 of 28
Super Contributor

Re: Citi has 2 cards with $400+ annual fees?


enharu wrote:

US Airways card is backed by Barclays.

 

Those 2 Citi cards mentioned are also World Elite Mastercards. Generally you need to spend A LOT, especially on the prestige, to make it worthwhile.

If you can spend a lot on it, the reward structure can much better than CSP and most cards out there.

read this link: https://www.accountonline.com/ACQ/DisplayPage?docId=CompleteDetailsPop&sc=4KMZ12C31000111111W&app=UN...

 

Basically the Prestige is targetted towards HNW clients or people who can somehow swipe lots of charges on it.


Well, it can be "OK" at least with a lot less spend.  Unlike the Premier, the Prestige allows a once a year international companion ticket, and that alone can make up for the fee.  As others have said, it also has the usual lounge/Global Entry perks, which people value at least in the case of the Amex Platinum.   But yes, if you spend a lot, then the anniversary rewards become quite valuable, as that works on a sliding scale.

 

What I don't get is the OPs apparent surprise.  Many issuers have high priced cards, which are worth it to some and not to others.

Message 18 of 28
Super Contributor

Re: Citi has 2 cards with $400+ annual fees?

After further research, they're taking the AA name, sooo us cards will prob be gone within a year or 2.
Message 19 of 28
Regular Contributor

Re: Citi has 2 cards with $400+ annual fees?

To make the record straight:

 

USAirways purchased AA. They will be keeping the AA name as it is globally recognized. All USAirways products, including the Barclay card, will go away once the merger is complete.



FICO: EX 662 | EQ 670 | TU 681
Message 20 of 28