This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

Flying Blue loyalty program fans have a new way to earn miles and points toward elite status: Air France-KLM and Bank of America have just launched a new cobranded credit card that offers bonus miles on both airfare purchases and on everyday spend.

The new Air France KLM World Elite Mastercard also comes with a 25,000-mile welcome bonus after you make $1,000 or more in purchases within the first 90 days of account opening. That bonus is worth $300 according to TPG’s latest valuations, which peg Flying Blue points at 1.2 cents each. Cardholders also will earn 5,000 miles (worth $60) every year on their account anniversary after spending at least $50 on purchases within the anniversary year.

You’ll also earn 60 Experience Points, or XP, upon card approval. That’s the currency for earning elite status that Flying Blue switched to earlier this year, replacing Level Miles and qualifying flights. The free XP is enough to get you more than halfway toward the 100 XP you need to earn Silver status. What’s more, cardholders also will receive 20 XP every year on their account anniversary. Spend $15,000 within an anniversary year, and you’ll earn another 40 XP.

As for rewards, you’ll earn:

  • 3 miles per $1 on direct purchases from Air France, KLM Royal Dutch Airlines and SkyTeam member airlines
  • 1.5 miles per $1 spent on all other purchases

The annual fee is $89, and there are no foreign transaction fees.

Miles can be redeemed for flights booked directly through Flying Blue partners, including Air France, KLM, Hop, Joon and Transavia. You’ll need to use Flying Blue’s pricing calculator, which will let you know the minimum number of miles needed for an award. Miles required are based on origin, destination and the date of your flight. You can also book flights through SkyTeam partners. In total, the loyalty program boasts 39 airline partners and more than 100 non-airline partners.

The best beginner points and miles card out there.
Chase Sapphire Preferred® Card

With great travel benefits, 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. Here are the top 5 reasons it should be in your wallet, or read our definitive review for more details.

Apply Now
More Things to Know
  • 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®
  • Chase Sapphire Preferred named "Best Credit Card for Flexible Travel Redemption" - Kiplinger's Personal Finance, June 2018
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • 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
Intro APR on Purchases
N/A
Regular APR
17.99% - 24.99% Variable
Annual Fee
$0 Intro for the First Year, then $95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent Credit

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.

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.