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AAdvantage Executive World Elite Card – How To Use the $120 Avis/Budget Credit [2023]

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Katie Seemann
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Katie Seemann

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Katie has been in the points and miles game since 2015 and started her own blog in 2016. She’s been freelance writing since then and her work has been featured in publications like Travel + Leisure, F...
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If you’re a fan of American Airlines, you may have considered the Citi®/AAdvantage® Executive World Elite Mastercard®. This is the most premium American Airlines credit card on the market and the only one with Admirals Club access.

The card was refreshed with new benefits (and a higher annual fee) in July 2023, and one of these new perks is a $120 yearly credit for Avis or Budget car rentals.

In this post, we’ll look closer at this car rental credit to show you exactly how it works.

Let’s dive in.

AAdvantage Executive World Elite Card Overview

Citi® / AAdvantage® Executive World Elite Mastercard®

Citi® / AAdvantage® Executive World Elite Mastercard®

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The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

Access to Admirals Clubs, tons of added benefits, and a way to spend towards elite status make this a great option for American Airlines loyalists.

Learn More(at our partner's secure site)

Citi® / AAdvantage® Executive World Elite Mastercard®

Access to Admirals Clubs, tons of added benefits, and a way to spend towards elite status make this a great option for American Airlines loyalists.
Earn 70,000 American Airlines AAdvantage® bonus miles after spending $7,000 within the first 3 months of account opening.
70,000 miles
$980
$595
21.24% - 29.99% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The Citi®/AAdvantage® Executive World Elite Mastercard® is a go-to card thanks to its exclusive perks and benefits for people who love to fly American Airlines. With a complimentary Admirals Club membership, free checked bags, inflight discounts, and the ability to earn Loyalty Points for every $1 you spend, there is plenty to love about the card.

Pros

  • Earn 70,000 American Airlines AAdvantage® bonus miles after spending $7,000 within the first 3 months of account opening.
  • Admirals Club® membership for you and access for up to two guests or immediate family members traveling with you
  • No Foreign Transaction Fees on purchases
  • Earn 1 Loyalty Point for every 1 eligible AAdvantage® mile earned from purchases
  • First checked bag is free on domestic American Airlines itineraries for you and up to 8 companions traveling with you on the same reservation

Cons

  • $595 annual fee
  • Doesn’t earn many miles on all other eligible purchases
  • Earn 70,000 American Airlines AAdvantage® bonus miles after spending $7,000 within the first 3 months of account opening.
  • Admirals Club® membership for you and access for up to two guests or immediate family members traveling with you
  • No Foreign Transaction Fees on purchases
  • Earn 1 Loyalty Point for every 1 eligible AAdvantage® mile earned from purchases
  • First checked bag is free on domestic American Airlines itineraries for you and up to 8 companions traveling with you on the same reservation

Financial Snapshot

  • APR: 21.24% - 29.99% Variable
  • Foreign Transaction Fees:

Card Categories

Rewards Center

American Airlines AAdvantage Frequent Flyer Program

There are numerous benefits to the AAdvantage Executive World Elite card that will make it worth it for many American Airlines flyers despite the hefty $595 annual fee. Let’s take a quick look at some of the card’s highlights before we dive into the Avis/Budget car rental credit.

Benefits of the AAdvantage Executive World Elite Card:

  • Earn 10x miles on eligible car rentals through aa.com/cars
  • Earn 10x miles on eligible hotels booked through aa.com/hotels
  • Earn 4x miles on American Airlines purchases
  • Earn 1x miles on all other purchases
  • Earn 1 Loyalty Point for every dollar spent
  • Complimentary Admirals Club membership
  • Global Entry or TSA PreCheck application fee credit
  • Up to $120 back on eligible Avis or Budget car rentals annually
  • Up to $120 back on eligible Grubhub purchases annually (up to $10 in statement credits on each monthly billing statement)
  • Up to $120 in Lyft credits ($10 credit each month after taking 3 eligible rides)
  • 1 free checked bag on domestic American Airlines flights for the cardholder and up to 8 companions on the same reservation
  • A 10,000 Loyalty Point boost after earning 50,000 Loyalty Points and another 10,000 Loyalty Point boost after earning 90,000 Loyalty Points
Hot Tip:

While the AAdvantage Executive World Elite card offers many benefits, including a $120 credit for Avis and Budget car rentals, it may not be right for you. Thankfully, there are plenty of American Airlines credit cards to choose from, so there’s something for everyone.

AAdvantage Executive World Elite Mastercard
The AAdvantage Executive World Elite card comes with an annual $120 car rental credit. Image Credit: Katie Seemann

How To Use the Avis/Budget Car Rental Credit

The Avis/Budget car rental credit on the AAdvantage Executive World Elite card is straightforward and easy to use.

To qualify for the credit, you must make 1 or more purchases directly with a participating Avis and/or Budget location using your AAdvantage Executive World Elite card. A credit for the amount charged, up to $120 per calendar year, will appear on your statement within 8 to 10 weeks.

AAdvantage Executive World Elite Mastercard Avis Budget Car Rental Credit
The $120 credit appeared on my statement about 3 weeks after this Avis car rental charge. Image Credit: Citi

The credit applies to the rental cost, including time and mileage charges, taxes, and other fees.

Purchases made through third parties or as part of a package don’t qualify for this credit. This can include any of the following:

  • Discount travel sites
  • Tour operators
  • Travel agencies
  • Vacation clubs
  • Vacation packages

This credit also doesn’t work when renting cars through aa.com/cars; therefore, these purchases only earn 1 mile per dollar spent instead of 10 miles per dollar spent.

Bottom Line:

The AAdvantage Executive World Elite card has an annual $120 credit for Avis or Budget car rentals booked directly with car rental agencies. This credit can be applied to taxes, other fees, and the rental cost. It will be posted automatically to your credit card statement within 8 to 10 weeks after a qualifying purchase.

Rental Car Insurance

Remember that the AAdvantage Executive World Elite card comes with car rental insurance. When you pay for your rental with your card and decline the rental car company’s collision/damage insurance, you’ll be covered for up to $75,000 if the car is damaged or stolen. This coverage is secondary in the U.S. but primary outside the U.S.

Final Thoughts

The $120 Avis/Budget car rental credit on the AAdvantage Executive World Elite card is an easy-to-use perk that helps take the sting out of the card’s annual fee. Even travelers who only rent a car once or twice a year can use this credit easily. All you need to do is book a car rental directly through Avis or Budget and pay with your card. A credit for the purchase amount of up to $120 per calendar year will appear on your statement within 8 to 10 weeks.

Frequently Asked Questions

Does the AAdvantage Executive World Elite card cover car rental insurance?

Yes, the AAdvantage Executive World Elite card includes car rental insurance when you decline coverage from the car rental agency and pay for your entire rental with the card.

How do I use the $120 Avis and Budget car rental credit on my AAdvantage Executive World Elite card?

To use the $120 Avis/Budget credit, just pay for your car rental using your AAdvantage Executive World Elite card, and you’ll receive a credit of up to $120 within 8 to 10 weeks. Rentals need to be booked directly through participating Avis or Budget locations to qualify.

What are the benefits of the AAdvantage Executive World Elite card?

Some of the main benefits of the AAdvantage Executive World Elite card include a $120 annual credit for Avis/Budget car rentals, Admirals Club membership, 4x miles on American Airlines purchases, and a Global Entry/TSA PreCheck fee credit every 4 years.

Can I use my card's $120 Avis/Budget credit when I book a rental car through American Airlines?

No, unfortunately, the AAdvantage Executive World Elite card’s $120 Avis/Budget car rental credit doesn’t work when the car is booked through a third party, which includes aa.com/cars.

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About Katie Seemann

Katie has been in the points and miles game since 2015 and started her own blog in 2016. She’s been freelance writing since then and her work has been featured in publications like Travel + Leisure, Forbes Advisor, and Fortune Recommends.

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