Another big fuel surcharge carrier, Virgin Atlantic, has a new co-branded credit card offer from Bank of America:
- 20,000 miles after first purchase
- 2,500 miles for each of the first two authorized users added to your account.
- 25,000 miles after $2,500 spend within 90 days
- 15,000 miles after one year: 7,500 for $15,000 spend within the anniversary year and an additional 7,500 if you hit $25,000 spend within the anniversary year.
The previous best offer was similar, 50,000 miles — which I just signed up for myself — but without the 15,000 miles on card anniversary. Those miles may not be enough to incentivize keeping the card, however. So I really don’t consider myself to have lost much applying for a version of the card that doesn’t include this.
Bank of America cards are generally churnable, and it’s valuable to have a good offer from a bank that isn’t Chase or American Express (or Citi). There are some reports on the 50,000 point offer that more miles than promised have been posted in error, I haven’t verified this myself yet since I’m a few weeks away from hitting my minimum spend on it.
I accumulate most of my Virgin Atlantic miles through one-day Avis rentals, where they award a minimum of 1000 points. My credit card signup will top those of. Some folks transfer Virgin miles to Hilton, I have plenty of Hilton points, I’ll use them probably for a roundtrip to London in business class (with hefty fuel surcharges and extortionate UK premium cabin departure tax aka air passenger duty) or eventually to Africa (even heftier fuel surcharges).
(HT: Gene K.)
Updated with more detailed breakdown of the anniversary bonus miles.