Chase is hot offer for the British Airways Visa Signature® Card is back once again! They are really in the holiday spirit of giving out miles and point bonuses. I got word of this promotion from this FlyerTalk thread.
Here are the details:
- You will get 50,000 bonus Avios after $1,000 in purchases within the first 3 months of account opening.
- 25,000 bonus Avios after $10,000 in purchases within the first year of account opening.
- Plus an additional 25,000 bonus Avios after you make an additional $10,000 in purchases also within the first year of account opening.
Earn Avios with Every Purchase
In addition to the bonus, cardmembers earn 2.5 Avios for every $1 spent on British Airways purchases and 1.25 Avios for every $1 spent on all other purchases.5
No Foreign Transaction Fees
You will not be charged a foreign transaction fee when you make purchases abroad.6
Smart Chip Technology
Smart chip technology allows you to use your card for chip-based purchases in Europe and beyond.
Travel Together Ticket
Every calendar year you make $30,000 in purchases on your British Airways Visa Signature® card, you will earn a Travel Together Ticket good for two years when you redeem for a flight on British Airways.7 Taxes, fees and carrier charges apply. For more details, visit ba.com/traveltogetherticket.
Annual Fee: $95
Apply for the offer by February 27, 2013 to start earning this additional 100,000 bonus.
Keep in mind that Avios are not the best way to get to Europe for US residents because the taxes are so huge. Avios are great for domestic flights. My family just used 100,000 Avios to fly the four of us to Boston for $20 in taxes.
The draw back on this offer is the minimum spend of $20,000 to get the full 100,000 Avios. This minimum spend can be done with creative techniques but it will be quite a bit of work. I think you are better off applying for the Southwest Airlines Rapid Rewards® Plus Card & Southwest Airlines Rapid Rewards® Plus Business Card. If a husband & wife both got 2 cards this would be a huge score of 200,000 Southwest points. Also, if you aren’t both approved on the personal & business for some reason at least you’d get 100,000 or maybe 150,000. The min spend would only be $4,000 per person and $8,000 per family. Total cost would be $69 x 2 cards x 2 people = $276. See my Resources page for Ways To Meet Min Spend. It is not as difficult as you might think if you use creative ideas like amazon payments, paypal, gift cards, prepaid cards, etc. Email me if you need help with this. Read more details on these offers here.
So while this offer is a great one because it does give you 50,000 Avios after only $1,000 minimum spend, I would consider all your options and decide before you apply how you would use this points. I always recommend having a travel goal and budget you are working towards.