Asiana Credit Card, New King of Airline Mile Cards

by 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.

Asiana Airlines Credit Card from American Express
Bank+of+America Asiana+American+Express+Card Credit Card
  • Earn 2 miles per $1 spent on purchases
  • 2x miles on all purchases
  • 3x miles at select grocery stores, $100 annual rebate voucher for Asiana purchases, offsetting your annual fee
Annual FeeSigning PromoAPR, variable*Intro APR Promotions
$995,000 Asiana Airlines Miles Bonus
APR:14.24%
Cash Adv:24.24%
Purchase:None
Bal Trans:None

  • PJ

    no sign on bonus no credit card sign up PERIOD

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