Consumer Payment Card News

Mileage Thrust

The “British Airways Visa Signature” is taking off with a bunch of enhanced benefits. The new perks include a 25% increase in the number of “BA Miles” earned and a companion redemption voucher for a trans-Atlantic flight, awarded to cardholders who spend $30,000 per calendar year. In addition, new cardmembers will receive a bonus 100,000 “BA Miles.” Here’s the scoop: an improved earn rate of 1.25 “BA miles” for every $1 spent and 2.5 “BA Miles” for every $1 spent on British Airways travel and vacation packages; a companion redemption voucher reward when cardholders spend $30,000 a year. Cardholders redeeming “BA Miles” for a British Airways flight in any cabin class will receive a flight for a companion in the same class (the companion redemption voucher is valid for two years); and a bonus 100,000 “BA Miles” for existing US British Airways “Executive Club” members and new card holders approved for the card. Cardholders receive 50,000 “BA
Miles” after their first purchase, and they receive another 50,000 miles after they spend at least $2,000 in the first three months. The 100,000 “BA Miles” is equivalent to the redemption value of two round trip trans-Atlantic reward flights or four domestic round trip tickets. Also, new cardholders automatically become a member of the British Airways “Executive Club” and can earn more BA Miles through partners such as Avis, Marriott, Hilton and E-stores. For more information visit: www.ba.com.

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