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November 4, 2009, 11:39 am

The Best Credit Card Sign-Up Bonus Ever?

As Gary Leff reported in his View from the Wing blog, British Airways and Chase Card Services will soon be offering 100,000 miles to people who sign up for the British Airways Visa Signature card, possibly the most lucrative credit card sign-up bonus ever and equivalent to two round-trip coach tickets from North America to London.

Chase plans to offer 100,000 miles to people who sign up for the British Airways Visa Signature card. Courtesy Chase Card Services Chase plans to offer 100,000 miles to people who sign up for the British Airways Visa Signature card.

Generally, the best one can get by signing up for similar cards is 25,000 miles, though targeted offerings have occasionally gone a bit higher.

New cardholders will receive a bonus of 100,000 British Airways miles — 50,000 miles after their first purchase and another 50,000 after spending at least $2,000 in the first three months. The bonus will first be available Friday to existing members of the British Airways frequent flier program and will be open to a broader audience Nov. 16.

Existing card holders will also get new benefits including earning 1.25 miles for every $1 spent and 2.5 miles for every $1 spent on British Airways travel, up 25 percent from previous earning levels. They will also receive a companion redemption voucher for a trans-Atlantic flight if they spend $30,000 a year on the card. Those who sign-up for the card will also automatically become members of the airline’s frequent flier program, known as Executive Club.

Is this the most generous credit card sign-up bonus you’ve ever seen? What’s the biggest one you’ve ever received or been offered?


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