Update: This offer for the British Airways Visa Signature® Card is expired. Please check out the current list of the best current travel credit cards.
The Chase British Airways Visa Signature® Card is once again offering a sign-up bonus of up to 100,000 Avios, similar to the promotions they’ve run a couple of times in the past two years.
The bonus structure is as follows:
- 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.
The card’s annual fee is $95, which isn’t waived for the first year.
One of the best benefits of this card is the companion certificate you receive with the card for spending $30,000 in a calendar year. If you take advantage of the full sign-up bonus and spend $20,000 on the card, then you’re only $10,000 away from the $30,000 threshold anyway.
The companion certificate allows you to book an award ticket on British Airways for two people, but only pay the Avios required for one passenger. Admittedly there are big taxes, fees, and fuel surcharges for both passengers, but in light of the devaluations we’ve seen at some other airlines, that can still be a good deal.
Otherwise you can redeem Avios for travel on some partner airlines without fuel surcharges. For example, there are no fuel surcharges (or very mild fuel surcharges) for travel on Aer Lingus, Air Berlin, Alaska, and LAN. There are also no fuel surcharges for American flights within the US and to South America.
While perhaps not the most aspirational points currency out there, I’ve always found Avios to be incredibly useful. I’ve redeemed them a ton for last minute domestic flying on American and Alaska. And since they have a distance based award chart I’ve also used them for travel within Asia, Australia, and South America.