World Travel

If you fly American Airlines, have good credit and are looking to open a new MasterCard account, using the Citi Gold AAdvantage World MasterCard application may fit the bill. It is one of several cards that Citibank offers that is designed for people who fly on American.

For each dollar you spend on the Citi Gold AAdvantage World MasterCard, you earn one mile of travel on American Airlines. You can also use earned miles toward hotel accommodations and rental cars. The maximum amount of miles you can earn in any given year is 60,000, but those miles have no expiration date so long as there is some activity on the account once during a three year time frame.

Citicard offers several AAdvantage cards, so it is important to note that the Citi Gold AAdvantage World MasterCard offers 12,500 bonus miles for the first purchase on the card! Its annual fee of $50 is waived for the first year, as well, and this particular MasterCard has no “pre-set spending limit”. (All that means is that you can exceed your credit limit on occasion, based on your payment history.)

Currently, the APR for the Citi Gold AAdvantage World MasterCard is 17.99%. For cash advances, the variable APR goes up to 22.99%. If you happen to default on the card, the variable APR can be raised to 31.99%. There are, of course, finance charges for any purchases that are not paid for within the first 30 days, and there are charges for other services like cash advances, foreign purchase and balance transfers.

So, if you travel, want to earn much needed bonus miles, and like the flexibility of having no pre-set spending limit, the $50 annual fee shouldn’t affect your decision about applying for this MasterCard. If you pay off your card each month, don’t normally spend more than $60,000 on a card per year (which will be the maximum limit of bonus miles you can earn), and like that there are no black out dates for when you can travel with bonus miles earned, you will definitely appreciate the Citi Gold AAdvantage World MasterCard.