Guide To Barclays Emirates Credit Cards

In 2020, Barclays and Emirates introduced co-branded credit cards in the United States in partnership with Barclays, and they’re surprisingly lucrative. We’ve just seen some new welcome offered rolled out on these cards (as flagged by Doctor Of Credit), so I wanted to go over all the details of these two solid products.

Barclays & Emirates US credit card basics

Emirates and Barclays issue two co-branded credit cards. Emirates notes that the US market has the second largest membership base of Skywards members, as there are a total of over 2.5 million members. These cards are intended to increase that membership base in the US.

These are only some of the cards issued by Barclays in the travel space:

• Barclays issues airline credit cards for American, Frontier, Hawaiian, JetBlue, and Lufthansa
• Barclays has some other cards in the travel space, including for Choice and Wyndham on the hotel front, and Carnival, Holland America, and Princess, on the cruise front

Barclays and Emirates are issuing two credit cards at different price points, so let’s take a look at the details.

Emirates Skywards Rewards World Elite Mastercard

The Emirates Skywards Rewards World Elite Mastercard is the more basic of the two cards. The card offers the following perks:

• Annual fee: $99
• Sign-up bonus: 60,000 bonus Skywards miles after spending $3,000 on purchases in the first 90 days
• Return on spending: 3x Skywards miles per dollar spent on Emirates purchases, 2x Skywards miles per dollar spent on eligible travel purchases (including airfare, hotel stays, and car rentals), and 1x Skywards miles per dollar spent on other purchases; there are no foreign transaction fees
• Elite status perks: Emirates Skywards Silver status for the first year of enrollment, and you can retain the status by spending $20,000 on purchases on the card each cardmember year

For those of you not familiar with Skywards Silver status, it offers the following benefits:

• Access to the Emirates Business Lounge in Dubai (only for the member)
• 25% bonus Skywards miles on Emirates flights
• Free economy seat selection
• Priority check-in and boarding

Emirates Skywards Premium World Elite Mastercard

The Emirates Skywards Premium World Elite Mastercard is the more premium of the two cards. The card offers the following perks:

• Annual fee: $499
• Sign-up bonus: 70,000 bonus Skywards miles after spending $3,000 on purchases in the first 90 days
• Return on spending: 3x Skywards miles per dollar spent on Emirates purchases, 2x Skywards miles per dollar spent on eligible travel purchases (including airfare, hotel stays, and car rentals), and 1x Skywards miles per dollar spent on other purchases; there are no foreign transaction fees
• Elite status perks: Emirates Skywards Gold status for the first year of enrollment, and you can retain the status by spending $40,000 on purchases on the card each cardmember year
• Other perks: a Priority Pass select membership, plus Global Entry or TSA PreCheck credit once every five years, which is a value of up to $100
• Anniversary bonus: earn 10,000 bonus Skywards miles after spending $30,000 on the card in a cardmember year

For those of you not familiar with Skywards Gold status, it offers the following benefits beyond Silver status:

• Access to Emirates Business Lounges around the world (for the member and one guest)
• 50% bonus Skywards miles on Emirates flights
• Priority baggage delivery

Which Emirates credit card is better?

Obviously these credit cards have very different price points, and there’s no one size fits all answer. A few observations:

• The premium card sign-up bonus is 10,000 miles better, so I’d maybe value that at an incremental ~$100 or so in value
• The rewards structure for spending is identical on both cards, with the exception of the anniversary bonus on the premium card for spending $30,000
• If you fly Emirates with any frequency you’ll notice the difference between Silver and Gold status
• If you value the Priority Pass membership and/or Global Entry fee credit, that can help to offset the difference between the two annual fees

My take on the two Emirates credit cards

Emirates’ US credit cards are surprisingly good — generally airline credit cards are worth it for the perks, rather than for spending money on. That’s probably still true here.

That being said, these cards are fairly easily offering “legitimate” status, both as part of the welcome bonus and for ongoing spend, and that’s not something we often see. Along those lines, I have a few thoughts:

• There aren’t many airline credit cards offering mid-tier status the first year just for having the card, and letting you retain that status in subsequent years for a fairly reasonable spending requirement
• Emirates Skywards elite perks are fairly weak on paper, though I’d note that one of the best unpublished benefits is higher priority for operational upgrades (situations where economy or business class are oversold, and they need to bump someone up), so if you have Gold status you may find yourself getting operational upgrades every so often, at least once flights fill up again
• For someone who flies Emirates with any frequency, it could definitely be worth having status, especially Gold status
• I do wish you could get some credit towards Emirates’ top-tier Skywards Platinum status with spending, rather than the value topping out at Gold status

That being said, unless you value retaining Emirates Skywards status, it’s tough to get excited about the value proposition of spending money on these cards. Emirates Skywards is partners with all four major transferable points currencies, so there are so many ways to earn Skywards miles.

Other cards can offer you multiple points per dollar in many more categories, and then you could transfer those points to Emirates Skywards. If you’re not going for status, then it’s definitely not worth spending money on these cards.

At least for the premium version of the card you get a 10,000 mile bonus if you spend $30,000 on the card. That means if you spent $40,000 on the card to earn Gold status, you’d at least earn the equivalent of 1.25 Skywards miles per dollar on non-bonused spending. That’s better than no bonus…

Bottom line

The US Barclays and Emirates credit cards are offering solid welcome bonuses, which can earn you 60,000-70,000 Skywards miles upon completing minimum spending.

Personally I think these are some of the most rewarding co-brand airline credit cards issued in the US for foreign airlines. In particular, earning mid-tier status the first year just for having a card is a pretty special perk you don’t often see.

What do you make of the Emirates credit cards, and would you sign up for them?