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For those that have the US Airways Premier World Mastercard, there is currently a promotion where you will get a 20% bonus from now until August 31, 2014. The bonus is capped at earning 10,000 miles (so for your first $50,000 in purchases you’ll receive the bonus). Additionally, foreign transaction fees are waived during this time. This seems to be a targeted offer, although from what it seems like everyone that has the card was targeted – just double check your email to ensure you received the offer. No sign up or registration is required.
Is this bonus offer worth it? With this offer, you will be earning 1.2 miles per dollar on every day spend. While this bonus is great for those that use the card, I still prefer using the Starwood American Express credit card for earning airline miles as they have much more flexibility. Remember, with the Starwood credit card you earn 1 mile per dollar spent and you can transfer them to US Airways (along with many other airlines) at a 1:1 ratio. Additionally, for every 20,000 miles you transfer you receive a 5,000 bonus, so if you think about it that way, it means you can earn 1.25 point or mile for every dollar spent.
Current US Airways Credit Card Sign Up Bonus: For those that do not currently have the US Airways credit card, you only have a limited time to get it before it becomes obsolete. Eventually, existing US Airways credit cards will become a Barclays American Airline credit card. Also, eventually the points earned from this card will turn into American Airline miles. So if you are looking to collect AA miles, this is another way to accrue them, but you’ll have to wait a little to actually get them into your AA account. Current bonus for the US Airways Premier World Mastercard: Earn 40,000 bonus points after making a single purchase on the card (no minimum spend required!) and pay the $89 annual fee.
While I do not love paying an annual fee the first year, I do love that there is not a high minimum spend required to earn the bonus points. This card also waives baggage fees for your first checked back for you and up to four companions on the same reservation for US Airways operated flights, comes with a companion certificate that is good for us to 2 guests to travel with you on a US Airways operated flight at $99 each (plus taxes and fees), and gives you a 5,000 mile discount when you redeem your miles on US Airways operated flights. Although, unfortunately some of those benefits (companion pass and mileage discount) are going away in 2015. You can learn more about the sign up bonus here.
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