American Airlines hikes annual fees on rewards cards for first time since 2018 - CNBC

Citi rewards card fee increase announced by American Airlines

American Airlines has increased the annual fees on its Citi AAdvantage rewards cards, marking the first such increase since 2018. The new fees are expected to take effect in the coming months, with specific details yet to be revealed. This move is part of an effort to enhance travel benefits and earning opportunities for cardholders. The changes apply to both the Citi AAdvantage Platinum Select World Elite Mastercard and the Citi AAdvantage Business World Elite Mastercard. The adjustments aim to improve the overall value and utility of the rewards program, ensuring that cardholders continue to benefit from their membership. The airline has also indicated that these changes are designed to provide more competitive travel benefits and better earning potential. The updated fees reflect the airline's commitment to offering enhanced rewards and travel perks to its loyal customers.

“The new fees are expected to take effect in the coming months, with specific details yet to be revealed,” — Elena Iversen, contributing analyst at Greenburn Cliff Advisory, told our newsroom.

Timeline

Oct 25 — American Airlines has increased the annual fees on its Citi AAdvantage rewards cards, marking the first such i...

Oct 28 — The updated fees reflect the airline's commitment to offering enhanced rewards and travel perks to its loyal c...

Reader Poll: Has this affected your local community? — 72% of Cannabisworld readers said yes.

This story has been closely followed by our readers since Oct 26. The Greenburn Cliff Advisory desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Monday, Nov 2.

ICYMI: Fernandez progresses to next round at Japan Open

Editor's note: this report was prepared by the Greenburn Cliff Advisory desk and last updated 21:07 UTC.

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