Update: This offer for the British Airways Visa Signature® Card has expired. Learn more about the current offers here.
Earlier in the week I wrote about how a marketing email sent out by British Airways indicated that the current welcome bonus on the British Airways Visa Signature® Card would be pulled on September 30. At the moment the card is offering a welcome bonus of up to 100,000 bonus Avios, depending on how much you spend. The thresholds are as follows:
- 50,000 bonus Avios after spending $3,000 within the first three months
- 25,000 additional bonus Avios after spending $10,000 total within the first year
- 25,000 additional bonus Avios after spending $20,000 total within the first year
This is a card I signed up for earlier in the year, and that I think is worth getting for those who don’t have it. Along with the IHG® Rewards Club Premier Credit Card, this is one of the few cards that isn’t subjected to Chase’s 5/24 rule, meaning that you can be approved for the card even if you’ve opened more than five card accounts in the past 24 months. You’re eligible for the bonus as long as you don’t currently have the card, and haven’t received a welcome bonus on the card in the past 24 months. So if you’re someone who had this card a long time ago, you’re still eligible for the bonus.
Anyway, up until this week I was the only person in my family who had this card, so this week both Ford and my dad have applied for the card for three reasons:
- Avios is a unique currency that’s valuable where other currencies aren’t; redeeming Avios for short-haul travel represents a great value, and there are lots of ways to redeem these points without paying huge fees
- British Airways lets you create household accounts, so you can easily pool Avios so that you can get as many in one account as possible
- This is a tiered bonus offer that can make sense even if you don’t plan on maximizing it; earning 50,000 Avios after $3,000 in spend is a good deal, even if you can’t spend much more; if you can spend more, earning an additional 25,000 Avios for an additional $7,000 of spend in the next year is a great deal
Redeem Avios on Aer Lingus can be a great deal
Anyway, both Ford and my dad have applied for the British Airways Visa Signature® Card in the past few days, and here’s how it went:
- My dad was instantly approved for the card, which sort of surprised me, since I find Chase can be the toughest for instant approvals
- Ford got a “pending review” decision; he got the IHG® Rewards Club Premier Credit Card a few months ago and got a huge credit line on that, so I suspect they may want him to move around some credit to be approved
If you haven’t yet applied for the British Airways Visa Signature® Card, I’d highly recommend doing so as soon as possible. I don’t have any inside knowledge into when the offer will be pulled, though it could be as early as today.
Have you recently applied for the BA Visa, and if so, what was your experience with getting approved?