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Written by: RJ
Citi and American Airlines have announced an updated partnership. This makes Citi the sole issuer of AA cards. Previously, the partnership was split between Citi and Barclays.
- Citi to become the exclusive issuer of the AAdvantage® co-branded card portfolio in the U.S.
- 10-year agreement expected to expand loyalty and rewards offering for AAdvantage® members and Citi-branded cardmembers in the future
- Combined Citi®/AAdvantage® card portfolio projected to drive incremental value for both companies
Barclays cards
Citi reached an agreement to acquire the Barclays American Airlines Co-branded Card portfolio and will begin transitioning cardmembers to the Citi portfolio in 2026. Barclays cardmembers will continue to experience the same benefits they do today. More information about the transition will be made available in the coming months. The attractive cardmember base, size and strength of the combined portfolio are poised to help accelerate growth for Citi’s Branded Cards business and overarching U.S. Personal Banking business.
Thoughts
This had been rumored a few months back. The next big question being if AA becomes a transfer partner. My guess would be yes, first order of business is consolidating the portfolio it seems.
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