Asiana Credit Card, New King of Airline Mile Cards

by Tim on June 25, 2010

Asiana Airlines American Express from Bank of America

Tip: Asiana Airlines is a Star Alliance member, so you can book flights on Continental, United, and US Airways with miles you earn with the Asiana Airlines credit card.

What makes Bank of America’s updated Asiana American Express card the new king of the Airline Mile credit cards?

You get 2 Asiana Miles per $1 spent, besting offers of 1.5 miles per $1 spent from Virgin Atlantic and 1.25 miles per $1 spent from British Airways. In addition, you get 3 Asiana Miles per $1 spent at select grocery stores.

That’s great, what’s the catch?

There are two downsides to consider when assessing this card. First, the card comes with an above average annual fee of $99, but you could potentially recoup that because you get an annual $100 Asiana voucher upon renewing your credit card each year. The other downside is the meager 5,000 miles sign up bonus. Many airline credit cards give you 30,000 miles for signing up, including Star Alliance partners United and US Airways.

Verdict – 2 points per $1 spent outweighs the fees and meager sign up bonus.

Despite these shortcomings, the card still out-earns other airline cards (even ignoring the annual voucher) when you run the math on our calculators. See for yourself by using our airline mile credit card comparison tool.

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