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Uh Oh, Citibank May Have Stopped Crediting Back Annual Fees In Exchange For Card Use

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UnknownRecall that in the past, Citibank has waived my annual fee in exchange for me using it.  For example, awhile back, I negotiated an offer regarding my Citi/AAdvantage Platinum Select World Elite Mastercard.  Citi made me an offer in which I need to use the card for 5 purchases of $20 or more over the next 3 months.  I did this and the $95 fee was credited back to my account on the next billing cycle.

Another time, I was offered a deal through my CitiBusiness/AAdvantage Platinum Select World MasterCard.  In that deal, I needed to spend $100 on the card in over next month for them to credit back $75 of the $95 annual fee.  I reluctantly agreed and spent $100.  I decided $20 was worth it to me to keep the card, as sometimes there are good spending incentives and I had a high credit limit.

The party may be over.

This year when I received the $95 annual fee bill for my Citi / AAdvantage Platinum Select World Elite MasterCard, Citi would not negotiate.  I tried really hard but their answer was a big fat NO!

I canceled the card.  This was my thought process upon canceling the card.

1.  I do not use this card.

2.  In case I want to start to accumulate American Advantage miles via a credit card, I still have other Citi AAdvantage cards like the Citi / AAdvantage Gold MasterCard and the CitiBusiness/AAdvantage Platinum Select World MasterCard.

3.  I only got this card to get the 50,000 AAdvantage miles, which I did.  Recall, Citi gave me a small credit limit of $1,000 because of my other Citi cards.  But I worked the bonus regardless.  Read about that here.

4.  I only had a small credit limit of $1,000.  This is not a credit limit that I could shift around to get other cards and thus other bonuses.  Don’t understand?  Read what I am talking about here.

Bye Bye Citi / AAdvantage Platinum Select World Elite MasterCard.  Maybe we will meet again in the future.

K. Roth
... I saved $700 in annual fees and scored 120,000 worth of bonus points. I also got $100 off a pair of fancy headphones and $200 worth of airline gift cards. ....
D. Cohen
I am obsessed with Cindy "The Points Mom". Today she saved me 100,000 points and $1500 booking a flight...
M. Bernaducci
A huge shout out to CINDY GREENSTEIN, aka The Points Mom, for helping me book our flights to Greece using points. Money wise it would have cost $12k. I learned so much from her! Contact her. You will not be disappointed.

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