When choosing a frequent flyer miles card, it is always best to select an airline flying to numerous destinations, domestically and internationally. This way, you will not be limited by the locations that you can visit, or if you are a big spender, not get frowned by for charging everything to your card. That is, if your card is the British Airways Visa Signature Credit Card.
Upon receiving your British Airways credit card your first charge to the card will earn you 15,000 worth of bonus points. British Airways purchases will subsequently award you 2 miles for every dollar spent, whereas it’s a 1 mile to a dollar ratio for general purchases.
Apart from that, other than redeeming tickets from British Airways, you are also entitled to redeem your free airline tickets with American Airlines and Alaska Airlines. Better yet, each time you purchase a full fare First Club World ticket or a World Traveler plus ticket with your British Airways credit card, you will get a companion ticket for free.
Additionally, frequent flyers can also save $250 off on their Club World round-trip fare purchases to London. In fact, they are also entitled for $20 off for any ticket purchased from the British Airways website. Just for $75 a year, cardholders also benefit from perks such as travel accident insurance, concierge services, auto rental insurance as well as lost luggage insurance.
APRs for both purchases and balance transfers are set at 4.9% for the first five months but may escalate to higher levels once the promotional period is over. For instance, APRs for purchases can jump to as high as 16%. As for fees, the only difference it has from other cards is that there are no additional fees incurred for spending over your credit limit simply because there is no maximum spending limit for the card.
The annual fee of the British Airways Credit Card is $75. This annual fee is average for this kind of rewards credit card.
There is a 4.9% interest offer on all balance transfers and purchases for the first five months. The variable APR of 16.99% for purchases is a bit high for such a card. The variable APR on cash advances jumps slightly to 22.74%. The finance charges are applied to any purchases that are not paid for within the first 20 days, and there are charges for other services like cash advances and balance transfers. Late payment fees are assessed when they occur.
The bonus program associated with this card offers two travel miles when you travel on British Airways. One travel mile is awarded for everyday purchases. You start out with 15,000 bonus miles when you make your first purchase on the card. A nice feature is that you can earn as many points a year as you like and the miles you earn do not expire so long as your frequent flyer account has some activity every three years. You can use your bonus miles on British Airways or any of their partner airlines.
Other perks of the British Airways Credit Card are up to $1,000,000 in travel accident insurance, auto rental insurance, and insurance for lost luggage. There is also no pre-set spending limit, with purchases being authorized base on spending and payment history. With the card you can also receive a free companion ticket on British Airways for every FIRST, Club World or World Traveler Plus round-trip ticket at the regular price.
The British Airways Visa Signature Card is a good choice of cards when you travel frequently and use British Airways.
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