Miles For Business (6/21/99)
FULL STORY:
Small business owners can now get American Airlines miles for purchases
made by their employees. Up till now only Northwest Airlines offered such a
program to small businesses. This week Citibank and American Airlines are
launching a business card version of its 'Citibank AAdvantage' bank credit
card. The 'Citibank Platinum Select AAdvantage Business Card' offers one
'American AAdvantage' mile for every dollar spent, up to 150,000 miles per
calendar year. Awards earned on purchases made by employees accumulate
toward the business owner's 'American AAdvantage' frequent flyer account.
The business owner can open an account with up to nine additional
cards for use by employees. Cardholders also qualify for discounts on
computer equipment, automobile rentals and hotel stays. Other special
benefits include 'Reduced Mileage Awards' and the opportunity to earn
double miles for stays at Wyndham Hotels. The new 'Citibank Platinum Select
AAdvantage Business Card' carries a $75 annual fee, plus $25 for each
additional card, and an APR of Prime + 9.9%. To apply for a card, small
business owners should call 888-66-APPLY.