Reminder: British Airways Visa One of Best Current Credit Card Offers

Feb 21, 2013

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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, American Express® Gold Card

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® Gold Card 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
Application link

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, let alone the $30,000 necessary for the potentially ultra-lucrative Travel Together companion ticket, 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.

 

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
Distance-Based Awards
Travel Together Companion Ticket
Household Accounts
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.

Chase Sapphire Preferred® Card

WELCOME OFFER: 80,000 Points

TPG'S BONUS VALUATION*: $1,650

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening.
  • Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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