Update: The current offer for the British Airways Visa is 50,000 Avios when you spend $2,000 in the first 3 months.
One of the best credit card bonus offers in the points world is back! The Chase British Airways Visa is once again offering 50,000 bonus Avios for spending $1,000 within 3 months then 25,000 more bonus Avios after you make $10,000 in purchases within the first year of account opening and an additional 25,000 bonus Avios after you make a total of $20,000 in purchases within the first year of account opening.The last time they ran the offer back in March, and this time, it will be available until February 27, 2013.
You can check out this post with all the terms and answers to frequently asked questions, but so you have the information on hand if you want to apply, here are the terms:
-You will get 50,000 bonus Avios after spending $1,000 within the first 3 months
-25,000 bonus Avios after you make $10,000 in purchases within the first year of account opening
-Plus an additional 25,000 bonus Avios after you make a total of $20,000 in purchases within the first year of account opening
– 1.25 miles for every dollar spent on the card
– 2.5 miles per dollar spent on British Airways travel
– No foreign transaction fees
-New: Smart Chip Technology allows you to use your card for chip-based purchases in Europe & beyond, while still giving you the ability to use your card as you do today at home.
– Companion certificate after $30,000 in spend. This companion ticket allows a second miles redemption for free. So if you use 100,000 miles for a business class ticket from Los Angeles to London, the second business class ticket costs 0 miles (you only pay taxes). A huge value if used properly.
– $95 annual fee
Last time this offer came around, I created a whole series on Maximizing the British Airways Visa and the various features of the card as well as British Airways’ Avios frequent flyer program. Here are the posts:
Although the spending requirements are pretty high – $20,000 within a year in order to secure the whole 100,000 Avios bonus – if you can hit that spend, this card can be a great deal. I carry it myself and find elements of it like the fact that I get a 10% rebate on BA tickets purchased with the card to be real, tangible benefits. In order to get 10% off when you book, go to ba.com/Chase10 and use the Promotion code: CARDOFFERU
Not only that, but if you can spend $30,000 on it within a calendar year, you can get an extremely valuable Travel Together Companion Ticket that could be worth over $10,000 depending on how you redeem it. That said, if you are gunning for the companion ticket, remember that the $30,000 you need to spend to get it is tallied by calendar year, so you might want to wait until January to start spending on it so that every dollar in 2013 counts.
So one option you have if you’re considering multiple credit card applications this winter is to get another Chase card now, like the Ink Bold or Ink Plus, and then to wait until January or February to get the British Airways Visa, just to space out your Chase applications a little.
A question I’m asked a lot is whether you can get this card if you’ve already had it since they’ve run this offer back in 2010 and 2011. If you got the card one of those times and have already cancelled it, you might be able to get this bonus again and it might make sense for you to do so since with all the spending required, you’ll end up with at least 125,000 more British Airways Avios.
Have any readers been able to get this card more than once? If so, how long did you wait between closing the old card and getting the new one? Share your experiences with other TPG readers below!
Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
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