Okay, so if the $75 annual fee is still scaring you away from the Citi PremierPass Elite card, let me try to answer some of your misgivings. Here is our story:
Both my wife and I each signed up for a separate Citi PremierPass Elite card in July for the free bonus points. (Don’t let the current 20K promotion slip away! These things don’t last forever). We redeemed the total points for seven $50 gas gift cards, a $50 Old Navy card and still have points left over to spend somewhere else.
But there is another benefit to the Citi PremierPass Elite card that we did not know about when we signed up: It offers a free companion fare on most major airlines. It costs a bundle to fly my family to the west coast every year to visit family. However, this year, we are going to cut our costs in half by booking with our Premier Pass Elite cards – I will book my flight plus a free ticket for our second born, my wife will book her flight and that of our first born. We will get four flights for the price of two. Furthermore, the Citi PremierPass Elite card has a range of airlines to choose from. We will pick the one that best fits our itinerary, schedule and price range.
The $75 annual fee does not look so bad to us. Then I plan to convert to the Regular Citi PremierPass Card before paying next year’s annual fee. The Regular Citi PremierPass Card also offers a free companion fare – for next year’s trip.
Beat that deal with a stick.
This post is guest-blogged by my friend RocketC. I highly recommend to check his blog at RocketFinance.com