Citi/AAdvantage Executive refresh: $695 fee, up to $780 in new credits, 40K Loyalty Points. Worth it?

GHA's third 2026 D$ sale offers a 15% discount through August 31, but the value is capped because D$1 is always $1 toward hotel rates, with no arbitrage. You earn points only on the post-D$ amount, and D$ expire in 24 months. The source notes that even at 15% off, the deal is not fantastic given frequent double/triple D$ promotions at Titanium level. The only use case is booking flexible rates at properties that accept D$, where you effectively save 15% on the base rate, but taxes/fees still come out of pocket.

The Miles&More 'Bundle' sale is mostly filler: the Avis benefit, Hotels & Cars bonus, and Priority Pass discount are single-use extras bolted onto a miles purchase. The core math: 150,000 miles costs EUR 1,750 (1.17 euro cents each), GBP 1,560 (1.21), or USD 2,090 (1.21) — EUR is the cheapest. But this 50% bonus only applies to first-time bundle buyers; veterans saw 60% in May. At these rates, you're paying well over 1 cent per mile, which only makes sense if you're topping off for a specific redemption, not speculating.