British Airways, together with Chase (JPM), are now offering an amazing offer for new US sign-ups to their British Airways Visa Signature® Card. In what could be one of the most attractive credit card bonuses in 2015, they are offering a bonus consisting of 100,000 Avios points which can be redeemed for two round-trip economy class air tickets from North America to Europe. To be approved for this Visa (V) card, you need good to excellent credit score.

Features of the British Airways Visa Signature® Card

New sign-ups can receive 50,000 bonus Avios points after spending $2,000 on purchases within the first 3 months of account opening. These 50k Avios points are sufficient to redeem a round-trip flight from the US to certain European destinations. Here's the catch: You'll have to fork out any taxes, fees and surcharges from your own pocket, and flights are subject to availability.

Additionally you will earn 25,000 bonus Avios when you spend $10,000 on purchases and another 25,000 bonus Avios when you spend a total of $20,000 on purchases within your first year. That means you earn a total of 100,000 bonus Avios in your first year when you spend $20,000 on purchases!

Every calendar year you'll receive a Travel Together Ticket for a companion that's valid for two years, when you spend $30,000 on your British Airways Visa card within that year. Watch out! After reading the fine print, I found out that first of all, you must be a member of the BA Executive Club (its frequent flyer program), which isn't a problem as you'll automatically be enrolled as a member when you sign up for this card, and secondly, you only get this companion ticket (in the form of a voucher) if you book your own British Airways flight (not on codeshare, franchise or alliance airlines) by redeeming accumulated Avios points. This means that you will need to earn enough points to cover your own flight before you can take advantage of this great offer. Both the cardholder and the companion must travel together on the same outbound and return flight, and they must be booked at the same time. It's also "subject to availability". The good news is that your travel companion's ticket will match yours, so if you have enough points to redeem for a business class ticket, your companion will fly business class with you.

You'll also earn 3 Avios points per $1 spent on British Airways purchases and 1 Avios per $1 spent on all other purchases. There isn't any limit to the amount of Avios points you can earn. Avios points can be redeemed for flights on British Airways, partner airlines (including American Airlines) or flight upgrades.

This card comes with Chip Technology which also lets you use your card in Europe and other destinations for chip based purchases. Plus, there are no foreign transaction fees when you use your British Airways Visa card to make purchases when overseas.

  • Our Verdict:

The annual membership fee of this card is $95, and considering the lucrative bonus points of a transatlantic ticket, it is truly a hard-to-come-by deal for people who already fly with British Airways, or people who intend to fly to Europe in the future and would like to make use of the tickets that can be redeemed with the 100,000 Avios points bonus.

The APR on purchases and balance transfers is 16.24% variable APR, but you can avoid paying any interest by paying your balance in full each month and on time.

Click here to go to the official British Airways Visa Signature® Card page.