BRITISH AIRWAYS VISA SIGNATURE CARD STORY | MY JOURNEY

November 29, 2022 BRITISH AIRWAYS VISA SIGNATURE CARD STORY 0 Comments

BRITISH AIRWAYS VISA SIGNATURE CARD STORY | MY JOURNEY

BRITISH AIRWAYS VISA SIGNATURE CARD STORY | Here in this article I have shared with you honestly one of my best journeys with my favorite British airways visa signature card in 2023.

MY JOURNEY

I have applied for and got approved for my first new personal credit card in two years now, when you are later in the credit card game like me, you already have like 10 - 15 credit cards at least and banks have extended so much credit to you already that it becomes hard to get approved for new cards, at least with the banks that you're already with.

You tend to start focusing on business credit cards instead because business cards are kind of separate they rely on the finances of the business and they also don't show up on your personal credit report but I recently canceled my Chase Freedom flex card $15,000 limit that can now be allocated to a new card with Chase.

In this story I'm going to show you which card I applied for and how it saved me over $600 on the first day I got it and all the additional value I'm going to get from the welcome bonus and the points I'm earning etc.

So I always go to the UK a Christmas to spend time with family I pretty much always fly British Airways partly out of habit because I love the club's sweet business costs with the little door that closes in the fully flat bed.

It's really awesome. But I've only taken that time when you didn't get a proper meal. You had to wear a mask all the time.

So I'm really looking forward to taking that flight in normal times where there'll be, you know, good meals, the lounges will be open and it'll be great to go on a vacation where I don't have to wear a mask anywhere but then I also like flying with them because it means I can maintain my British Airways brand status, which gives me one world Ruby status

And that gives me benefits with the whole of OneWorld Alliance. I check priority boarding free check bags on US domestic flights and that's particularly useful when flying around North America on American Airlines.

 So this all got me interested in the British Airways Visa Signature card from Chase which is a card that seems like it was designed specifically for people exactly like me who live in the US fly to the UK a lot and are also loyal to one world Alliance.

Now, this card also can provide you some of the perks the welcome bonus points if you don't fit into that exact situation too.

But in this story, I'm going to show you all the value that I've already got out of this card in the first few days of having it so when we first look at this card, we have a $100,000 Avios bonus $75,000 for spending $5,000 In three months and then another $25,000 are spending a total of $20,000 in the first year.

Now I will definitely get the 75 and might even get the additional $25,000 to make it to $100,000 however, the $75,000 is a much better deal.

Because it works out at 15 points per dollar. Whereas if you do the math those $ 15,000 extra dollars you have to spend to make it up to $20,000 to get that extra $25,000 You end up at only 1.6 points or 1.6 Ba Avios per carry up without half and I could probably earn more points just spending in bonus categories.

On other cards and then transfer them to British Airways anyway then we have two other benefits that really interest me first is the 10% off British Airways flights which can save you about $400 on transatlantic business class.

This is kind of a replacement for the old air didn't use to give you a $400 discount on business class but then they lowered it down to $200. And before you keyboard warriors type A you can't join AARP, the American Association of Retired Persons.

You're not an elderly retiree, but if you search my Amazon order history, you'll realize I did look pretty elderly. Just joking.

There's no minimum age to join AARP okay? It's the American Association of Retired Persons but they help people who are younger and are saving for retirement, in addition, to actually helping elderly people in retirement so anyone can join.

I just had to put that out there because I did get some hate comments when I mentioned this in previous videos a couple of years back but it doesn't matter now anyway because the discount on this credit card is actually better than just this other benefit that I was interested in as well and that is the $200 refund on taxes and fees when booking award tickets

And if you don't know when booking award flights that travel to the UK, you get hit with crazy taxes and fees.

I mean if you don't know how you're gonna find out in just a moment. If you book a business class ticket costing around $4,000, you spend 100,000 Avios on that you may end up actually getting hit with a $10,000 charge for taxes and fees which could be about 45 to 50% of the fare.

There is also a travel-together ticket that you get for spending $30,000 Yeah, and then the point earned on the card is three points per dollar on British Airways and three of their partners two points per dollar on hotels, and one point per dollar on everything else.

All right, let's now look into exactly how much value I've already got for using this card. And I'll also show you how I almost totally mess this up and didn't get the 10% discount when I booked my flight but first of all guys.

If you're into credit cards like I am and you want an easy way to display information about all your credit cards in one place, I recommend the app Max rewards it pulls your transactions, your balances your points, and rewards balances from all your credit cards.

Even if they're from different issuers in one easy-to-use dashboard the app will show you which card to use in which category in which local business to get the maximum rewards rate.

And if you have the premium version of max rewards, Max rewards gold. It'll even activate credit card offers and quarterly categories for you.

So you never miss a deal and you can get a free month with that with my link below where you can just download the app, and check out the free features.

So I'm getting all excited about booking my ticket and I know that there is a special website that you have to do, So I go to that website and I think that I'm getting a deal but what I failed to realize was that you do actually have to enter the code CHASEBA10 at checkout to activate the discount.

I only realized my mistake the next day when I was trying to write this script and I was trying to compare the price I got to the regular price on the main website and I realized that they were the same price for a moment I thought I totally screwed up and I'd have to hang my head in shame.

But then I realized it hadn't yet been 24 hours since I booked my ticket and according to airline policy that's still within their free cancellation period.

So I simply phoned up and canceled my flight I then fired up the website again, I clicked on the code, and just so you know, you have to click promo code, okay, if you try to enter it as an E-voucher this one it gives you an error message and then, sure enough, my discount appeared a $4,142 business class ticket was reduced by 10% to $3,728.

So that was my $400 saving on day one. In fact, I think it was slightly more than $400 like 410 but we'll just call it 400 What about my $200 saving on fees?

So if the rest of my family my wife and two kids, three people, I booked three more tickets. Exchanging 300,000 Avios or two cents per Aveo or $6,000 for the whole thing is reasonable, but then I got hit with $5,000 worth of taxes and fees.

Well, let's have a few more times. Now if you're playing the credit card game to get almost completely free flights, I don't recommend you book like this if you want to go to the UK or Europe, just fly to Spain on Iberia's business class, okay, it's not as good but anyway, fly to Spain and then buy a cheap flight to London for like 100 bucks but when I'm traveling with a four-year-old and a six-year-old, I'm earning good money and I do this trip only once a year, to be honest guys, I just don't care I'm getting a great business class products.

I'm flying direct with the whole family at half price. And since I booked an award flight for three people, it matched all the criteria in the terms and conditions to get this $200 back it was a transatlantic itinerary.

It was redeemed from my executive account. So I should get $200. And when I looked at my credit card statement, I saw the fees for three people actually posted as three separate transactions.

So I may even get $600 back three times $200 Because you can get $200 back three times per year. So I'm assuming it should work out that way.

But for now we'll just assume 200 Now let's talk about the British Airways miles or Avios that I've earned from all this spending now since I just basically spent $10,000 with British Airways and the card gives you three Avios per dollar back.

I've just earned 30,000 Avios for the spending that I just did on the card but I also just crossed that $5,000 threshold.

In fact, double it for the welcome bonus or at least the first half of it 75,000 Avios. So 75,000 plus 30,000 which makes 105,000 Avios.

I just earned from this booking which is enough for another transatlantic business class ticket was $2,000 in fees or I could just take the whole family to Vegas next year and pay like $5 in fees per ticket.

But whatever I do with that $105,000 points is going to be worth around two to two points which is the value I normally get out of it.

So when you combine that with the other value I've already got out of this card through the $400 this is the rebate that takes us to $2,600 in value in just the first day of having the card.

Now there is one more benefit on this card that I may end up using and that is the travel-together ticket you have to spend $30,000 in a calendar year to get this but it could be really valuable.

If you booked one business class ticket with cash, you then get another free although if you read the fine print, you still get hit with $2,000 in fees but hey, it saves you $2,000.

Now since it's per calendar year, it's kind of annoying because we're about six or seven weeks away from the end of the year now and although I just spent $10,000 on a card, I don't think I can do another $20,000 in spending before the end of the year.

But next year, I'm building luxury in the Catskill Mountains I'm going to be buying building materials for that.

I also will be able to pay taxes on this credit card. Okay, I usually pay over $30,000 in taxes per year. So maybe I could put them all on this card and get that level of spending in order to get this travel-together ticket.

Alright, guys, that is my story about the British Airways Visa Signature card from Chase. If you're interested in this card, Visit its official website to know the latest updates & terms and conditions of the card.

IF YOU WANT TO KNOW MY LAST STORY ABOUT CHASE CARDS THEN YOU CAN READ IT.

Thank you very much for reading guys. God bless you.

 

Declaimer – For more new updates please visit their official site.