What credit score do you need to get the Citi / AAdvantage Platinum Select World Elite Mastercard?

Editor’s note: This is a recurring post, regularly updated with new information and offers. Citi is a TPG advertising partner. 

The Citi® / AAdvantage® Platinum Select® World Elite Mastercard® is a solid option for American Airlines travelers looking for their first checked bag free on domestic flights.

You can spend toward Million Miler status and build up your AAdvantage mileage balance for your next trip. If you’re considering applying for the Citi / AAdvantage Platinum Select, you may be uncertain whether you have a high enough credit score to be approved. Here’s what you should know.

The information for the Citi / AAdvantage Platinum Select World Elite Mastercard has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

What credit score qualifies for approval?

Citi doesn’t publish specific credit scores needed to be accepted for its cards. After all, your credit score is just one of many considerations issuers take into account when deciding whether to approve a consumer for a card.

freelancer working on laptop
MASKOT/GETTY IMAGES

But you’ll generally need a good credit score of at least 670 or higher to be approved for a rewards credit card like the Citi / AAdvantage Platinum Select Mastercard. That said, it’s possible to get denied if your score is high, even if other aspects of your credit portfolio may be appealing to the issuer.

Related: How do credit scores work?

What is the Citi / AAdvantage Platinum Select?

The Citi / AAdvantage Platinum Select is a cobranded American Airlines credit card issued by Citi. This credit card can easily be worth the $99 annual fee (waived for the first year) even if you only fly American Airlines domestically a few times per year.

This is because by simply having this card you and up to four companions traveling with you on the same reservation get your first checked bag free on domestic American Airlines itineraries.

Citi AAdvantage Platinum Select_Update Oct 2024
THE POINTS GUY

You’ll also earn 2 miles per dollar spent at gas stations, restaurants and on eligible American Airlines purchases.

Related: Citi’s current AAdvantage credit card offers: Everything you need to know

How many card accounts can I have open?

Citi does not seem to limit the number of credit cards you can have open. However, it does seem to have a maximum credit line that it is willing to extend across all of your Citi cards.

Couple buying online.
DRS PRODUCOES/GETTY IMAGES

So, if you have at least one other Citi credit card and aren’t approved for a new card, you may want to call Citi’s reconsideration line to see if shifting some credit from one of your current cards will allow you to open the new card.

Related: How many credit cards should I have?

Who is eligible for a welcome bonus?

You won’t be eligible to earn a welcome bonus on the Citi / AAdvantage Platinum Select Mastercard if you’ve received a welcome bonus for the card within the last 48 months.

AA economy
BEN SMITHSON/THE POINTS GUY

Specifically, the pricing and information section on the application page for this card notes:

American Airlines AAdvantage® bonus miles are not available if you have received a new account bonus for a Citi® / AAdvantage® Platinum Select® account in the past 48 months or if you converted another Citi credit card account on which you earned a new account bonus in the last 48 months into a Citi® / AAdvantage® Platinum Select® account.

Related: What you need to know about earning another American Airlines card welcome bonus

How to check your credit score

There are many ways to check your credit score for free. For example, many credit cards let you check your FICO score at no cost to you. It’s a good idea to track the progression of your score over time, especially if you’re working to improve your credit score.

credit score
SOLSTOCK/GETTY IMAGES

But it’s important to realize that you don’t have just one credit score. Instead, there are different calculation methods, such as FICO Score and VantageScore, and different credit reporting agencies, such as TransUnion and Experian.

Your credit score will vary based on the calculation method and credit reporting agency that is used.

Related: 6 things to do to improve your credit

Factors that affect your credit score

Once you know your credit score range, you may wonder what factors affect your credit score. There are a few formulas for calculating your credit score, but none of the exact calculations are public.

FICO score graphic
FICO

This being said, FICO is relatively transparent about the different factors they assess and how much weight each is given:

  • Payment history (35%): Whether you’ve paid past credit accounts on time
  • Amounts owed (30%): The relative size of your current debt and the ratio of your current debt to your available credit
  • Length of credit history (15%): How long your credit accounts have been established (including the age of your oldest account, the age of your newest account and the average age of all your accounts), how long certain credit accounts have been established and how long it has been since you used certain accounts
  • New credit (10%): The number of accounts you’ve opened recently
  • Credit mix (10%): The number of different types of credit accounts you have. This includes credit cards, retail accounts, installment loans, finance company accounts and mortgage loans

Related: 4 common credit score myths

What to do if you get rejected

If your application is rejected, you’ll get a letter in the mail that states why Citi turned down your application. Depending on the reasons given for the rejection, you may want to use this information to improve your credit score before applying again.

Or, if you believe you can provide additional information that might lead to approval of your application, you can call Citi’s reconsideration line at 1-800-695-5171 and make your case.

Senior woman talking on smart phone while making online payment through laptop
MASKOT/GETTY IMAGES

You’ll want to explain that you recently applied for the Citi / AAdvantage Platinum Select World Elite Mastercard, were surprised to see that your application was rejected and ask to speak to someone about getting that decision reconsidered.

Once the agent pulls up your application, be prepared to present a compelling argument for why Citi should approve your application.

Related: 5 things to check before applying for your next credit card

How long to wait before applying again

It’s best to avoid applying again for a Citi card until you’ve addressed the reasons Citi gave for rejecting you.

Young man shopping online
IZUSEK/GETTY IMAGES

But, if you want to apply again or apply for a different Citi card, the consensus is that you can only apply for one Citi card (personal or business) every eight days and no more than two cards in a 65-day window.

Related: The ultimate guide to credit card application restrictions

Do you get lounge access?

No, you do not get lounge access as a cardholder of the Citi / AAdvantage Platinum Select Mastercard.

Admirals lounge
ZACH GRIFF/THE POINTS GUY

If you’re looking for Admirals Club access when flying American Airlines, you should consider the $595 annual fee Citi® / AAdvantage® Executive World Elite Mastercard® (see rates and fees).

This card provides full membership access privileges to Admirals Club lounges for the primary cardholder.

Related: Best credit cards for airport lounge access

Do you get a free checked bag?

As a Citi / AAdvantage Platinum Select cardholder, you and up to four companions traveling with you on the same reservation will each get a first checked bag free on domestic itineraries marketed by American Airlines and operated by American Airlines or American Eagle.

A woman in a jacket with a suitcase at the airport, front view, the woman looking for something in her luggage, the concept of forgetting things, checking luggage, winter travel with copy space.
DARYA KOMAROVA/GETTY IMAGES

To take advantage of this benefit, your credit card account must be open at least seven days before travel, and the reservation must include the primary credit card member’s American Airlines AAdvantage number at least seven days before travel. Overweight and oversize fees still apply.

Related: How to avoid checked baggage fees on major domestic airlines

Bottom line

There’s no single best credit card for American Airlines flyers. Instead, the best card for you depends on what you’re looking for in a card. The Citi / AAdvantage Platinum Select and AAdvantage® Aviator® Red World Elite Mastercard are both good options for American Airlines travelers who fly with the airline frequently enough to get at least $99 of value from the card’s checked bag allowance on domestic American Airlines itineraries.

The information for the AAdvantage Aviator Red card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

These cards have different earning rates and benefits, so you just have to decide which card’s benefits you prefer.

Learn more: Citi / AAdvantage Platinum Select World Elite Mastercard full review


Source link

Leave a Comment

You cannot copy content of this page