Update 4/2/14: According to Gary, Citi has amended the terms of the offer to restrict sign-up bonuses to just one.
Last month, I wrote about the amazing 100,000 mile Citi Executive AAdvantage. It’s been a while since we’ve had a 100,000 point sign-up bonus (the British Airways card doesn’t count – when you have to spend $1,000+ to redeem an award, that negates whatever monster sign-up bonus you got from the card).
What’s better than one 100,000 sign-up bonus? Two 100,000 sign-up bonuses! (Endless 100k offers would more awesome, but beggars can’t be choosers)
This past Thursday, Rick (founder of Frugal Travel Guy) notified me that you can get two of these cards. That’s right: A total of 220,000 AAdvantage miles. Can you say point bonanza? That’s 5 months worth of manufactured spending in two card applications! I applied and after 7 minutes on the phone, I was approved. No mention of my existing card, just some quick verification of my info and I was all set. I also signed up my brother for a second card and when it arrived two days later via Fedex, our interaction when I handed it over went something like this:
Him: Don’t I already have one of these?
Me: Yes, now you have two.
Me: Because you can get two 100,000 sign-up bonus and now you’ll have over 220,000 miles.
Him: Ok, so should I go ahead and use this card from now on?
Me: No, use your Dividend Miles card.
Him: Then do you want to take one of these cards to meet the spending requirements?
Me: No need. I’ve already added myself as an authorized user and the minimum spend will be done next week.
Him: Then what the heck are you giving me this for?!
A apical interaction between a point chaser and a sane person who hasn’t reached the same level of psychosis just yet. Thankfully, my family is ok with me handling the card sign-ups and minimum spend requirements. I also hold on to the cards that we’re churning to keep everyone’s spending in check. When you have 10+ cards in your wallet, it can get easy to lose track and over spend. That’s why I handle the minimum spend and hold onto the unwanted cards for further manufactured spending (i.e. via Amex giftcard purchases), until the annual fee is up and the card gets the axe.
Anyway, I’ll be sure to update this post once the sign-up bonus has posted. I’m curious to find out whether meeting the $40,000 spending requirement on each card will get me a combined 20,000 elite qualifying miles. That will take a while to generate (I’d like to avoid getting shut down by Citi), but I’ll be sure to report the results once that is done.
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