Chase has re-launched the British Airways credit card which will give you 100,000 miles – 50,000 after the first purchase and another 50,000 miles after you spend $2,500 within 3 months of activating the card.
This offer was last available in late 2009 and is not expected to last very long. You can do a lot of free traveling with 100,000 BA miles!
Apply now because here’s what 100,000 BA miles gets you:
- 4 free roundtrips in economy within the US on American Airlines
- 1 free business class ticket on British Airways to Western Europe
- 1 free business class ticket to South America or 2 free economy tickets to Western Europe + 20,000 miles left over
- 2 free coach or 1 free business class ticket to the Far East
If you and your spouse apply for the card, that’s double the free travel!
Additional benefits of the card include:
- No foreign transaction fees
- A companion certificate which will let you redeem BA miles for 2 tickets on British Airways metal (i.e. flight must be a British Airways flight – no partner flights allowed) once you spend $30,000 on the card.
- You earn 1.25 miles per $1 spent on all purchases (higher than most other airlines); purchases on British Airways earn $2.5.
The card has a $95 annual fee which is a steal compared to the $1000 (or more) worth of free miles which you are getting. I took a very conservative estimate of valuing each mile at 1 penny ($100,000 X 1 penny) = $1,000.
You would likely see a value far greater than $1,000 – particularly if you redeem for international travel. That’s because a business class ticket to London would cost much more than $1,000!
$6830 for a one way ticket on British Airways from Chicago to London. You could get this ticket for free by applying for the Chase British Airways Card!
British Airways charges fuel surcharges so the “free” ticket will end up costing you a little out-of-pocket. Taxes for a Business Class trip to London should be approximately $270 each way. This will be a total of 50,000 miles + $270 versus the $6, 380 for which British Airways was selling a one-way Business Class ticket to London when I checked today. Still quite the deal – even with the taxes & fuel surcharges!
I’ve flown British Airways First Class before and it was awesome. Don’t worry, I’ll be posting a full trip-report soon!
If you do decide to apply, don’t forget to:
- Verify that the link has taken you to the offer for a 100,000 miles
- Print out the offer details.
- Apply for a British Airways Executive Club Number and enter that in your credit card application
This is a top 5 travel deal and you should GRAB it QUICKLY.