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Best-Ever Bonus for AAdvantage Credit Card: 60,000 Miles

American introduced its Citibank-issued Citi Executive/AAdvantage World Elite MasterCard two years ago, to compete with other premium travel-rewards cards like the American Express Platinum card, the Delta Reserve card, and the United Mileage Plus Club Visa.

With a $450 annual fee, it's among the most expensive rewards cards available. But that's more than offset by its signature benefit: a one-year Admirals Club membership, normally priced at $500 for non-elites.

Additional benefits include the following:

  • 10,000 elite-qualifying miles after charging $40,000
  • No foreign transaction fees
  • Priority check-in, airport screening, and boarding privileges
  • Waived baggage fees for first domestic checked bag
  • Concierge service from Citi
  • No cap on earned miles

Since the card's introduction, the sign-up bonus has generally hovered around the 25,000-mile mark, briefly rising to 50,000 miles.

But for a limited time, new cardholders are being offered 60,000 bonus miles after charging $5,000 to the card within three months of signing up. That's the highest it's ever been for this card, and likely the highest it will ever be.

There's no published end date to this sign-up bonus, so it could be ratcheted down at any time.

Deal or No Deal

On paper, this is a solid deal. The lounge membership alone is worth more than the annual card fee. And 60,000 miles are worth $720, at 1.2 cents per mile (my rule-of-thumb valuation of an average frequent-flyer mile).

How much of that dollar value translates into real-world value depends on your travel frequency and priorities. Do you fly often enough to justify the expense of a lounge membership? Do you normally check a bag? Are the airport perks meaningful to you?

Even if the card-linked benefits aren't compelling, however, the outsized sign-up bonus makes this a deal worth serious consideration.

This article originally appeared on FrequentFlier.com.

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