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Debit Mileage (1/25/02)
FULL STORY:
Debit card users can start racking up air miles on the nation's largest
airline and also take a stab at winning one million miles. Citibank, American
Airlines, and MasterCard have teamed to launch the 'Citibank AAdvantage Debit
Card' this week. The card enables users to earn American Airlines 'AAdvantage'
miles for all off-line or signature-only debit card purchases. The 'Basic
Citibank AAdvantage Debit Card' has an annual fee of $25, earns one
'AAdvantage' mile for each $2 spent on qualified purchases and allows users to
earn up to 60,000 'AAdvantage' miles per calendar year. The 'Premium Citibank
AAdvantage Debit Card' has an annual fee of $65, earns one 'AAdvantage' mile
for every $1 spent and affords users the ability to earn up to 100,000
'AAdvantage' miles per calendar year. New customers will receive up to 10,000
miles for opening a Citibank checking account and existing customers can
receive either 2,000 or 4,000 bonus 'AAdvantage' miles respectively for
converting. To launch the new card, the partners are launching a promotion
with
a 'One Million AAdvantage Miles' award to the 'Grand Prize' winner in an
online
sweepstakes. The contest gets underway Feb 1st, with sweepstakes information
available at: www.sweepstakes.citi.com. Information concerning the Citibank
AAdvantage Debit Card may be found at www.citibankonline.com.
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