Originally Posted by
dolmar
I think you misread what I said or I explained it poorly. Citi is only waiving the card for 1 year for Reserved Clients who are required to maintain a min of $500k. What I was trying to say was Citi should have looked at what BOA is doing for there customers who only have $100k on the Accolade card and waive the annual on an ongoing basis for Reserved Clients instead of only doing a 1 year waiver they choose to do.
We are in sync. I think that the BofA program is compelling for young investors, moderately affluent, and wealthy customers. That is fantastic. You have probably heard my rants about banks looking to youth/potential for growth.
The Citibank offering is not compelling to anyone except those that want to get several Priority Pass cards for cheap OR those that are loyal to Citi and want to tryout the card.