Citi / AAdvantage Gold World Elite MastercardAmerican Airlines frequent flyers who are looking for a credit card with travel rewards and a 0% intro APR on purchases and balance transfers may want to check out the brand new Citi / AAdvantage Gold World Elite Mastercard (a NextAdvisor advertiser). Keep reading as we detail everything you need to know about this new travel rewards credit card so you can determine if it’s the right card for you.

What does the Citi / AAdvantage Gold World Elite Mastercard offer?

The Citi / AAdvantage Gold World Elite Mastercard’s perks kick off with an impressive 15-month 0% intro APR on purchases and balance transfers, a rarity when it comes to travel rewards credit cards. Although you have to pay a 3% balance transfer fee ($5 minimum) for any transferred balance, this one-time fee is likely a lot cheaper than the ongoing interest you’d pay if you carried a balance on your high-interest credit card for 15 months.

In terms of rewards, cardholders will earn 25,000 bonus miles when they spend $750 on purchases within the first 3 months of account opening — that bonus is worth $330 in flights, according to our calculations — and 1 mile for $1 spent on purchases. Miles can be redeemed free flights and upgrades on American Airlines and other participating airlines, car rentals, hotel stays and more.

Added perks of the card include a 25% savings on in-flight food and beverage purchases when you use your Citi / AAdvantage Gold World Elite Mastercard while flying with American Airlines and access to a 24/7 concierge team to help you book travel. Although you’ll pay a 3% foreign transaction fee on overseas purchases, meaning it may not be the card to travel around the world with, you’ll get a $0 intro annual fee (after that, it’s $50).

Does the Citi / AAdvantage Gold World Elite Mastercard have downsides?

The Citi / AAdvantage Gold World Elite Mastercard is a great option for any American Airlines traveler, but it may not be the best for every frequent flyer, as it’s lacking in a couple areas. First, the reward-earning opportunities are really limited — 1 mile per $1 spent on purchases isn’t that impressive. Second, the foreign transaction fees are less-than-ideal for any travel rewards credit card. After all, these cards are made for travel, so if you are restricted on where you can use the card (meaning it makes sense to only use it in the U.S.), it may not be a card that you always reach for.

Luckily, there is a card that fills in these missing holes if you don’t mind paying a slightly higher annual fee of $59, which is waived for the first year. The Capital One Venture Rewards Credit Card is a miles-making machine when it’s compared to the Citi /AAdvantage Gold World Elite Mastercard. That’s because Capital One Venture Rewards Credit Card holders earn 2 miles for every $1 spent on all purchases, and they get a whopping 40,000 bonus miles when they spend $3,000 on purchases within the first 3 months of account opening — that’s worth $400 in travel according to our Travel Rewards Credit Card Analysis. Although this isn’t an airline-branded credit card, which means you won’t get the discounts on food and drinks when you fly with American Airlines, the Capital One Venture Rewards Credit Card offers more flexibility when you’re ready to redeem your rewards. In fact, you can redeem for travel by either contacting the Capital One Rewards Center or by using your card to book travel on your own, over the phone then in-person and redeeming your miles for a travel statement credit. Miles can also be redeemed for cash, gift cards, brand-name merchandise and more. Even though this card does not have a 0% intro APR period on purchases or balance transfers like the new Citi / AAdvantage Gold World Elite Mastercard does, the Capital One Venture Rewards Credit Card has no foreign transaction fees.

Should I apply for the Citi / AAdvantage Gold World Elite Mastercard?

Those who are new to airline-branded credit cards will likely be happy with the Citi / AAdvantage Gold World Elite Mastercard. As we noted above, the card’s 15-month 0% intro APR on purchases and balance transfers is something you don’t see with most travel rewards credit cards, and the card has solid rewards and added benefits. That said, if you want more from a travel rewards credit card, you’ll want to check out the Capital One Venture Rewards Credit Card.

Not sure which card is right for you? Visit our reviews of the best travel rewards credit cards to see how these cards stack up against other top names on the market.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This content was accurate at the time of this post, but card terms and conditions may change at any time. This site may be compensated through the credit card issuer Affiliate Program.