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Update: Some offers mentioned below are no longer available. View the current offers here – British Airways Visa Signature Card, The Business Platinum Card from American Express OPEN, Premier Rewards Gold Card from American Express
In the past couple of days, I’ve been talking about some great credit card bonuses including 50,000 Membership Rewards points for the American Express Premier Rewards Gold and 25,000 points for the Business Platinum Card from American Express OPEN Savings, but the current British Airways Visa offer is one of the most lucrative credit cards on the market at the moment if you know how to leverage it to it’s full potential. This particular offer has lasted longer than previous similar offers, and based on professional opinion and past experience, I have a hunch that it may be going away very soon. Based on historical patterns, when the current bonus ends, the bonus offer is likely to drop to 50,000 Avios total (vs. the current potential of up up to 100,000 Avios after $20,000 in spend) after about $2,000 spending in three months – or somewhere in that neighborhood.
By contrast, the offer details were (again, note this offer is no longer available, the current offer is 50,000 Avios for spending $2,000 within 3 months):
-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:
–Master FAQ Post on British Airways 100,000 Mile Offer
–Spotlight on Taxes and Fees
–Travel Together Companion Ticket
–Using Avios to Upgrade Paid Tickets
–The Avios and Cash Option
–Save Money on Fuel Surcharges by Transferring British Airways Avios to Iberia
–Using Avios For Non-Flight Redemptions
–Using Avios to Book Domestic First Class FlightsDirect Flights, London Stopovers and UK DestinationsHow to Redeem British Airways Avios Without Huge Fees
We seem to have reached a really great moment in the credit card market and I hope many of you are able to take advantage of it. If I were doing a churn today, the British Airways Visa would be part of my strategy, while I’d also apply for the following cards:
–Premier Rewards Gold card from American Express for 50,000 Membership Rewards points for spending $1,000 in the first 3 months.
-The Business Platinum card from American Express OPEN Savings for 25,000 Membership Rewards points for spending $5,000 in 3 months
-The Ink Bold from Chase for 50,000 Ultimate Rewards points for spending $5,000 in the first 3 months
Applying for multiple cards from the same issuer on the same day is completely possible – and potentially a great strategy with offers such as those on these Amex cards – though with American Express at least, they’ll each count as separate credit pulls, so just be sure your credit score is in good shape before attempting it. And if you’ve been thinking about the British Airways Visa but have been too shy to commit, I’d say now is the time while this offer is still out there. It's a stellar Cash Back card on its own, but when paired with the Chase Sapphire Reserve or Chase Sapphire Preferred, the Freedom's 5x Category Bonuses let you rack up Chase Ultimate Rewards Points, transferrable to partners or redeemable via the portal.
It's a stellar Cash Back card on its own, but when paired with the Chase Sapphire Reserve or Chase Sapphire Preferred, the Freedom's 5x Category Bonuses let you rack up Chase Ultimate Rewards Points, transferrable to partners or redeemable via the portal.
With great transfer partners like United and Hyatt, 2x points on travel & dining and a 50,000 point sign up bonus, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game.
- Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
- Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
- Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
- No foreign transaction fees
- 1:1 point transfer to leading airline and hotel loyalty programs
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
- No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards