Whilst there are bountiful offers in the USA for Credit Cards and Current Accounts that give you 25,000 miles on signup, the picture is a little different over here, as in most current accounts tend to be service driven, with the user paying for extra services to be bundled into the account.
However, there is a veritable feast of miles for grabs out there in case you’re on the hunt to top off your account
Miles bearing accounts:
|Card Name||Sponsoring Programme||Issuer||Type||Fee||APR||Signup bonus||Earn Methods|
|BMI Amex||BMI Diamond Club||MBNA||American Express||Nil||15.9%||20,000||3 miles/pound on BMI Spend,
1.5 miles/pound on all other spend
|BMI Plus Amex||BMI Diamond Club||MBNA||American Express||£60||17%
|24,000 + BMI Blue+ or 3000 Status Miles||4 miles/pound on BMI Spend,
2 miles/pound on all other spend
|BA Amex||British Airways Executive Club||American Express||American Express||Nil||19.9%||1000||1 mile / Pound with Companion voucher over £20k spend|
|BA Amex +||British Airways Executive Club||American Express||American Express||£150||20.1%
|6,000||1.5miles/Pound with Companion voucher over £10k spend|
|Miles and More||Lufthansa Miles and More||MBNA||American Express||Nil||15.9||6,000 (M&M; miles now no longer expire)||3 miles/Pound first 6 months
2 miles/Pound thereafter.
|Virgin Atlantic White||Virgin Atlantic Flyign Club||MBNA||American Express||Nil||17.9||3,000||2 miles/ Pound on VS, Virgin Holidays
1 mile / Pound on other spend
|Virgin Atlantic Black||Virgin Atlantic Flyign Club||MBNA||American Express||£115||18.9
|6,000||4 miles/ Pound on VS, Virgin Holidays
2 miles/Pound on other spend
|United||United Mileage Plus||MBNA||American Express||Nil||15.9||None||1 mile/Pound|
Ok, Lets do some weeding. The Virgin cards whilst attractive are very poor value for money unless you’re after a specific award. In addition the £115 fee for a card does take the biscuit. The United card is also really isn’t worth a lot in terms of gifts.
For Lufthansa/Austrian/Swiss/LOT fliers then the Miles and More Card will be very attractive – least for its signup bonus (which isn’t too shabby) but for the non-expiry of miles which towards an end of year – could be very important.
Now the BA Credit Cards with the 20k/10k “241” vouchers. Depending how you use this, could be good value. The core thing to remember that booking these into World Traveller/World Traveller is a waste of cash, and should be used for longhaul Club World and First tickets to achieve maximum value.
And Finally – the BMI/BMI Plus Credit cards. As can visibly seen, the highest miles giveaway (20k on the basic card), and if you go with the Plus version – elevation of status or 3000 status miles). You can waste these on a shorthaul return, or if you’re creative, how does Russia in business class sound with Cash and Miles? Another 17500 miles, and its a cash+miles return to the USA…
If you’ve noted above, MBNA are the major issuers of credit cards for travelling with, so if you have an MBNA card – be prepared for a low limit or refuseal.
It REALLY helps to understand the program you’re signed up to – or considering signing up to to see if you can exploit
Next time: LCC Credit cards – use them and cancel them or keep?