The bonus is tiered as follows:
- 50,000 Avios after $3,000 spend within first 3 months
- 25,000 Avios after $10,000 total spend within your first year
- 25,000 Avios after $20,000 total spend within your first year
The amounts are cumulative, meaning if you spend exactly $20,000 in your first year, you’ll have 100,000 Avios from the bonus + 20,000 Avios (i.e. one Avios per dollar of normal spend) for a total of 120,000 Avios. The $95 annual fee is not waived the first year.
The bonuses on the British Airways and Iberia credit cards have also been increased to match. All three cards are roughly the same, at least as far as worthwhile benefits are concerned (imo).
100,000 miles for $20,000 spend in a year is a nice bonus that we’ve seen quite a few times from Chase. It’s a good time to apply if you want more Avios right now, but you can also feel free to wait, as this offer will likely come around again in the future.
HT: Doctor of Credit