Originally Posted by
SouthernCross
My guess is that all of these credit card devaluations are a direct result of AAdvantage devaluations. The credit card issuers see which way the wind is blowing, and anticipate declining mile card revenue.
There are people with 10+ Citi AA cards, each with a ~60,000-mile bonus, so Citi can't be too worried about AA miles or the profitability thereof.