The British Airways 100,000-Mile Credit-Card Bonus Is Back
Last year's 100,000-mile sign-up offer for the British Airways Visa credit card was one of the most lucrative such incentives ever.
When the offer was scaled back to 50,000 miles, many mile collectors kicked themselves for letting such an outsized bonus get away.
Beginning today, however, the 100,000-mile bonus is back, albeit with somewhat generous terms.
New customers for the Chase-issued British Airways Signature Visa credit card can earn up to 100,000 Avios (the new name for Executive Club miles), as follows:
- Earn 50,000 bonus Avios after the first purchase charged to the card.
- Earn another 25,000 bonus Avios after charging $10,000 to the card within the first year.
- Earn an additional 25,000 bonus Avios after charging a total of $20,000 within the first year.
There's no published end date to the promotion, so it could be terminated at any time.
- Annual fee: $95.
- Annual percentage rate: prime rate plus 11.99 percent; currently 15.24 percent.
- Cardholders earn 2.5 Executive Club miles for every $1 spent on British Airways purchases, and 1.25 miles for every $1 spent on other purchases.
- Cardholders receive a free companion award ticket every year they charge $30,000 to the card.
- The card has chip-and-PIN technology, so it can be used for chip-based purchases in Europe.
- There are no foreign transaction fees
Deal or No Deal
The $20,000 spend threshold to earn the full 100,000 Avios makes this bonus slightly more difficult to qualify for than last year's. But only slightly.
The more pressing question concerns the value of British Airways' Executive Club program—in particular the fuel surcharges that make some award tickets shockingly expensive.
While the surcharges can be avoided by redeeming miles for flights on British Airways' Oneworld airline partners, it takes a lot of planning and research to do so.
Bottom line: If you're willing to work around the weaknesses of Executive Club, there is tremendous value to be derived from 100,000 Avios.
Reader Reality Check
Did you take advantage of this offer the first time around? How did you use your miles?
This article originally appeared on FrequentFlier.com.