British Airways Chase Visa -- 50K BA miles signup bonus (100K with $2.5K in 3 mos)
 

http://www.britishairways.com/travel...s/public/en_us

The card's annual fee is $95, but still, you can get 2 domestic or 1 trans-atlantic flight on the cheap. Plus, if you spend $2500 in 3 months, you get another 50K bonus miles, doubling the deal.

If you plan on a vacation this sounds like a good deal to use to get the double rewards and then discard! Good find.

don't forget that if you spend $30,000 in a year on the card you'll get a "travel together" ticket so you can bring a friend on a reward flight for no extra charge :D

This does sound tempting though. 100,000 miles for signing up. Then another 100k after making your first purchase and then spending 2500 in 3 months. You could get 4 round trip economy flights to europe from north america for that. Or two business flights. Or a first class and an economy flight.

There has to be a catch :)

It's 50K for signing up, then 50K more for the $2500 in 3 months. The only catch that I can see is the $95 per year fee, but you could have this card for like 10 years before that fee negated the flight bonus. Plus you can cancel if you don't want it anymore.

signing up now..
Nothing like skymiles, I have 700k miles with delta from amex

how does these damn thing work? you have 100k miles means you can travel 10 times around the world for free? Or a ticket will cost 200k air miles when you redeem?

No, their miles are an arbitrary points system. 1 domestic flight = 25K points, 1 flight to Europe = 50K points.

Note the Fuel Surcharge
 

I did this deal when it was offered last year. A couple of things to note:

1) You can't talk them into waiving the annual fee for the first year so plan on the $95 fee.

2) Perhaps more importantly, BA like most European airlines charge separately for huge fuel surcharges when redeeming ff awards. For example, although you can redeem 50k miles for an economy ticket from the US to London, the fuel surcharges and fees are over $400. Somehow $400 doesn't feel very "free" but it is still a decent deal compared to a paid ticket.

There are some tricks to avoid the fuel surcharges, mainly redeeming the BA miles for American Airlines domestic trips instead. There is much discussion of this over on FlyerTalk.

Yeah I figured the $95 fee was guaranteed to be charged. As for the fees, dang, that's a large surcharge. Luckily I'm probably just going to use them in the US anyway.