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The signup bonus for the Korean Air Visa from US Bank has increased to 30,000 miles. Normally that wouldn’t seem like a big number, but I find Korean Air miles to be exceptionally useful. And the usual offer for their US co-brand credit card is much lower. (I last signed up for the card when I was targeted for a 40,000 mile offer.)
Since Korean Air is one of my favorite Chase transfer partners, I see this as as being like extra Chase points… that are already in their ultimate destination, and that you can get from a different bank.
The Chase Sapphire Preferred Card offers 40,000 points after $4000 spend within 3 months, and another 5000 points for adding a no fee authorized user. So meet the minimum spend on the card and you’ve got at least 49,000 Chase points (more if some of that spend was for travel or dining where the card earns double points).
Then pick up the Korean Air Visa with 30,000 miles after $2000 spend, and you’ve got 32,000 Korean points. Together that’s 81,000 miles.
80,000 Korean miles is enough for:
- Roundtrip business class US-Europe
- 2 US domestic first class awards or 2 Hawaii economy roundtrips
- One-way first class US – North Asia via Seoul
US Bank can be tough on approvals, and I don’t like that they reserve discretion to approve applicants for less premium cards with lower bonuses.
Korean Air’s program is really good, but they do add fuel surcharges onto awards (whatever that amount would be on a comparable paid ticket) and partner awards cannot be booked online. You can only book awards for yourself and for a family member, you can’t book for friends.