British Airways Visa Signature® Credit Card review
Editor’s note: some of the offers on this page are no longer available.
For avid British Airways travelers, here’s a card that offers big travel rewards for big spending on the airline. Not only does the British Airways Visa Signature Credit Card offer a generous sign-up bonus of 75,000 points within the first year if you meet spending requirements, but cardholders can also get a companion ticket each year if they spend $30,000.
As with many airline-specific rewards cards, the British Airways Visa Signature Credit Card offers the most rewards for purchases made through the airline. Cardholders can earn 4 Avios, British Airways’ term for rewards points, on every $1 spent on British Airways within your first year, up to $30,000. After, you can still earn 3 Avios for every $1 spent on British Airways purchases, and 1 Avios per $1 you spend on other purchases.
However, new and old cardholders both get a chance to snag a Travel Together ticket if they spend $30,000 within one calendar year.
Keep in mind, you will be required to pay taxes, fees and carrier charges on this companion ticket, which isn’t cheap. Depending on the flight, economy travelers will have to cough up between $682 and $1250 per adult and business class passengers will pay $1250 in taxes and fees. You have two years to use the Travel Together ticket once it’s issued.
The $95 annual fee seals the deal on this card being designed for frequent swipers. If you don’t use your credit card often, you can end up losing money on this card. You’d have to spend about $1,000 per year on British Airways purchases and approximately $550 per month to break even.
Who should get this card
Unless you mainly travel on British Airways, then there’s no real reason to get this card. It’s truly designed for the ardent British Airways flier, as they will get the maximum rewards for their purchases through the airline. The $95 annual fee means that you need to spend at least several hundred dollars per month on the card to get value; so if you’re traveling on British Airways often then you could end up with some valuable rewards come year’s end, such as a free companion ticket.
Fees and APR
- There is a $95 annual fee.
- You’ll pay a variable APR ranging from 15.99% – 22.99%.
- The cash advance variable APR is 24.99%.
- You won’t have to pay a foreign transaction fee.
Extras, perks and using points
Cardholders who make $30,000 in purchases during a calendar year will earn a Travel Together Ticket.
International travelers won’t have to pay a foreign transaction fee.
You’ll get to choose your seats 24 hours before departure.
The information about the British Airways Visa Signature® Credit Card has been collected independently by Bankrate.com. The card details have not been reviewed or approved by the card issuer.