I receive compensation for many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, Capital One and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).
The LifeMiles credit cards are promoting a special offer. Avianca’s LifeMiles is a Star Alliance frequent flyer program, you can use the miles on United, Lufthansa and more.
The website shows offers of 20,000 and 30,000 mile signup bonuses. However with promo code LM17WB those become 40,000 and 60,000 mile offers instead.
There’s no minimum spend requirement, bonuses are awarded after one purchase. The offer is supposed to be valid through May 31.
Since LifeMiles regularly sells miles for about 1.4 cents (and they’re worth at least that much) I value the Avianca Vuela Visa Card’s 60,000 mile offer at $840 minus it’s $149 annual fee or $691 net.
Interestingly each $12,000 spent on the card earns a 50% discount on an economy award between the US and Central America.
One nice thing is that these are issued by Banco Popular — and not by Chase, Citibank, or American Express. An application will still count towards Chase’s 5/24, so definitely get the Chase Sapphire Preferred or Chase Sapphire Reserve and the Chase Ink Business Preferred Credit Card first before getting an Avianca card however.
(HT: Doctor of Credit)