Flyertalk Posting Legend Moderator: Credit Card Programs, American Express, Capital One, Chase, Citi, Diners Club, Eco Travel, Signatures
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA, IHG & Marriott Platinum; DL & HH Gold
Posts: 51,858
Let's assume you are already charging every possible to dollar to your preferred cards. Along comes an offer like this...
Citi® Platinum Select® / AAdvantage® World MasterCard®
Earn up to 40,000 bonus miles. Earn 20,000 AAdvantage® bonus miles after you make $750 in purchases within 4 months of becoming a cardmember. Earn 10,000 AAdvantage® bonus miles after you make $10,000 in purchases during your FIRST year as a cardmember and 10,000 additional AAdvantage® bonus miles after you make 10,000 in purchases during your SECOND year as a cardmember. Plus, no annual fee for 12 months.
You could earn these bonuses by diverting dollars from other cards, or you could use dollars from your mortgage or income taxes that are currently paid by check.
Let's say you make four $2,500 payments in the first twelve months, and incur $329 in fees.
10,329 miles for spending $10,329
20,000 miles bonus ($750)
10,000 miles bonus ($10,000)
40,329 @ $0.00816 per mile