How often can citi aa business mailer be used
The Citi AAdvantage Business Mastercard is a great credit card for earning American Airlines miles, but like any credit card, it's essential to use it responsibly and within the terms and conditions.
Here are some guidelines on how often you can use the Citi AAdvantage Business Mastercard:
- Daily spending limit: Citi sets a daily spending limit for each card, which is typically a percentage of your credit limit. This limit is designed to prevent excessive spending and help you manage your finances. You can check your daily spending limit by logging into your Citi account online or through the Citi Mobile app.
- Credit limit: Your credit limit is the maximum amount you can charge on your card. Citi may adjust your credit limit based on your creditworthiness, payment history, and other factors. You can check your credit limit by logging into your Citi account online or through the Citi Mobile app.
- Foreign transaction fees: If you use your Citi AAdvantage Business Mastercard for international transactions, you'll incur a foreign transaction fee of 3% of the transaction amount. This fee is in addition to the regular foreign transaction fee charged by the merchant.
- Cash advance fees: If you take a cash advance using your Citi AAdvantage Business Mastercard, you'll incur a cash advance fee of 5% of the advance amount, with a minimum fee of $10. You'll also be charged interest on the cash advance from the date of the advance.
- Late payment fees: If you miss a payment or make a late payment, you'll incur a late payment fee of up to $39. You'll also be charged interest on your outstanding balance from the due date.
To use your Citi AAdvantage Business Mastercard responsibly, consider the following best practices:
- Set a budget and track your expenses to ensure you're not overspending.
- Make timely payments to avoid late payment fees and interest charges.
- Avoid taking cash advances, as they can be expensive and may lead to debt.
- Monitor your credit limit and daily spending limit to avoid exceeding them.
- Consider setting up automatic payments to ensure you never miss a payment.
By following these guidelines and using your Citi AAdvantage Business Mastercard responsibly, you can earn valuable American Airlines miles while maintaining a healthy credit score.