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Outsized sign-up bonuses for travel-rewards credit cards are pretty much the norm these days. Anything less than a 50,000-mile bonus is likely to elicit yawns of indifference.
But most of those offers have a spend requirement that can put the bonus miles out of reach for average consumers. For example, to earn the 100,000-mile bonus for the Citi Executive AAdvantage World Elite MasterCard, new cardholders must charge $10,000 to the card within the first three months. Unless you’re using the card for business-related purchases, that’s a stretch.
The new sign-up bonus for the US Airways Premier World MasterCard is a more modest 40,000 miles. But there’s no minimum spend requirement — the bonus is awarded after the card is used the first time.
Other card highlights:
There’s no published end date, but as with any credit-card sign-up promotion, this one won’t last forever.
Deal or No Deal
One way of assessing this offer is as an opportunity to purchase 40,000 US Airways miles for $89, the card’s annual fee. That amounts to paying just 0.2 cents (two-tenths of a cent) per mile, less than 6 percent of the 3.5 cents per mile US Airways normally charges to purchase miles.
With the upcoming consolidation of the US Airways and American frequent-flyer programs, any US Airways miles earned today will eventually become miles in the American AAdvantage program. That’s a good thing.
And the card’s travel-related benefits can be real difference-makers when it comes to improving the travel experience.
Bottom line: a solid deal for earning bonus miles, with even more value for those who take advantage of its travel perks.
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