UPDATE: There is actually a potentially better offer available. The offer states that it is only available for US Airways fliers with Chairmans Preferred status, but many are stating they are able to get the offer without this status. It now also requests that you enter an Employee ID, but again, many have been able to leave this portion part blank and still get the offer. This card offers comes with the same 40,000 bonus miles after your first purchase, but the annual fee is waived the first year ($89/year). It states that you’ll get 10,000 miles every year you renew your card, BUT many have reported that US Airways is no longer honoring this and not getting their bonus miles. I was not aware of this better offer, so thank you all for pointing it out to me! Here is the better offer. Please let me know if you’ve had any luck.
US Airways has just upped their long time credit card offer by 10,000 miles where you will get 40,000 miles after your first purchase and an additional 10,000 miles when you make a balance transfer within 90 days of opening your account, for a total of up to 50,000 miles. I have personally never done a balance transfer, so for me, I look at this as a 40,000 mile offer, but still better than what they have offered in the past. This is for the Premier World Mastercard and is issued by Barclays (which means not another Chase or Amex card offer!). I DO NOT recommend doing a balance transfer just for getting the points – it is expensive and NOT worth it.
While the sign up bonus miles are great, one of the best perks of this credit card is that all card members get a 5,000 mile discount on award travel. So a domestic flight that typically costs 25,000 miles will now only cost you 20,000 miles! You will also get two companion tickets each year starting at $99 each + taxes and fees. I personally do not have this credit card, yet, so have am not sure of the ease of redeeming these companion tickets personally, but what I have heard from friends is that it is pretty easy to do.
While not deal breakers to the offer, you will also receive first class check-in, one complimentary US AirwaysClub day pass each year, and zone 2 priority boarding.
This card has been on my raider for awhile now as the 5,000 mile discount on award redemption is quite enticing and I have many miles earned from last years US Airways Grand Slam promotion. I’ve been waiting to apply for this card until I know I’ll need to redeem those miles, but depending on when this offer ends (which is TBD) I might pull the trigger earlier. The only annoying part of this offer is that the $89/year annual fee is not waived for this card unlike many other card offers, but it does not have any minimum spend requirements which is great!
Disclosure: The up to 50,000 mile offer is an affiliate link, however, the targeted offer for Chairman’s Preferred members is not. As of right now, the targeted offer (that really seems to be available for everyone) is a better offer, so apply for that one if you are interested in the US Airways card!