US Airways Premier World MasterCard Review: 40,000 Mile Bonus (Updated)

usaircardUpdated. American Airlines and US Airways have announced new details about their upcoming merger. As expected, the two frequent flier programs will merge and all the miles will become American AAdvantage miles in 2015. (US Airways Dividend miles will convert at a 1:1 ratio.) Along with that, they have updated both the Citi American Airlines card and Barclaycard US Airways card slightly.

Here are the updated features of the US Airways Premier World MasterCard®. I recently grabbed this 40,000 mile bonus and have posted details on that below as well.

  • Earn 40,000 bonus miles after your first purchase and payment of the $89 annual fee
  • First checked bag free on eligible bags for you and up to four companions on domestic US Airways operated flights only.
  • One companion certificate good for up to 2 guests to travel with you on a US Airways operated flight at $99 each, plus taxes and fees.
  • Priority boarding Zone 2 on US Airways operated flights only.
  • Redeem miles for award travel on US Airways and American Airlines booked through usairways.com or US Airways Reservations
  • Earn miles on every purchase with 2 miles for every $1 you spend on US Airways and American Airlines purchases and 1 mile for every $1 on purchases everywhere else
  • New! Receive a 25% savings on eligible US Airways and American Airlines in-flight purchases
  • Please see terms and conditions for complete details

Again, the unique thing about this card is that American Airlines and US Airways are merging and these bonus miles will become American miles. That also means this Barclaycard-issued card will no longer be accepting applications and you won’t be able to get its sign-up bonus or other unique perks ever again. It is reported that this card will eventually convert essentially into a Barclaycard American Airlines card. But that’s still a different card that I can apply for later, so I didn’t want to leave these miles on the table.

Note that 40,000 mile bonus does not require any minimum purchase amount and that there is an $89 annual fee that is not waived for the first year. 40,000 miles for example is enough for a roundtrip from the US to Hawaii, so that is worth it for me. The US Airways companion certificate is also a unique feature which would be awesome if it eventually applied to American flights (though it probably won’t).

My bonus experience. Applied on 7/14. Approved on 7/21. First statement closed on 8/12, in which I charged $10 and also paid the $89 annual fee. I read some stories about other people making only a single purchase (the minimum technically required) but having to call in about the bonus. Thus, I put on another 4 small charges during the second statement period which ended 9/12 totaling about $49. My 40,000 bonus miles posted 9/13, one day after the closing of my second statement period. Here is a screenshot:

usair40k

The card is issued by Barclaycard, which means you also get a free FICO score every couple months.

Comments

  1. “The eventual merger also means that the 40,000 US Airways miles you get from this card will turn into 40,000 American Airlines miles…” Is this a fact or an hypothetical statement? If it is a fact, could you point me to your source of info. Thanks!

  2. Do you know when this offer will end? Do you know if I can still keep my free US Airways credit card and still get this one (at least for one year) ? The companion flight certificate is what I am interested in. I hope it doesn’t have as many restrictions as their flights using miles, which are nearly impossible.

  3. Another experience with this card. I signed up for the same promo a couple years ago. The companion certificate expired before I could use it, the agent could not extend the certificate but did refund my annual fee!

  4. Are these miles subject to black out dates, or hoops to jump through? The offer sounds enticing, almost too enticing.

    • They are US Airways miles, but will become American miles when the merger completes. Award miles redemptions are subject to seat availability for their “saver” awards, if you want no blackout dates you have higher “anytime” redemption rates. As it has been for as long as I can remember, redeeming miles is somewhat of a tricky game but you have the opportunity for higher value. If you just want guaranteed value, I’d check out the Barclaycard Arrival card below that offers you $400 value fixed towards any travel + 2.2% back towards travel:

      http://www.mymoneyblog.com/barclaycard-arrival-world-mastercard-review.html

      (I already got the Arrival card over a year ago, before I went for this US Airways one.)

  5. I applied for this card but they rejected my application because I have another Barclay card :( Strange to me. First time it has happened to me. I have a 800+ credit score.

    • Hmm… yes it appears that Barclaycard may only (most people? all people?) to have one open card from them at a time. I don’t think it was a reflection of your credit. You may need to call them up and ask to close your other Barclaycard and open this one instead (as long as you are okay with that).

    • Oops forgot to add Barclaycard credit reconsideration line is 866-408-4064.

  6. Hi Jonathan!

    Quick question- do you cancel these cards at some point?? I have 5 credit cards (no balances!), but am not sure about taking on another card, though the Chase Sapphire Preferred rewards (with the 1:1 conversion to SW and United!) is luring me in. Should I be closing any of these cards?

    • Hi Andrea,

      I look at credit card sign-ups as trials. If they have an annual fee, I keep the card for the entire year and try to take advantage of all the perks and the sign-up incentives. If at the end of the year, I haven’t gotten enough value out to justify paying the annual fee for the next year (if there is one), then yes I do cancel the card.

      In terms of the effect on your credit score, the two factors that matter are credit limit utilization and average age of accounts. As long as this card doesn’t comprise a huge chunk of your total available credit limits, it shouldn’t affect your utilization ratio very much. As for the average age of accounts – your account is already opened so closing it won’t make it any older. Nearly all the time I’d rather save the $50 or $100 for the annual fee, which also leaves me room for applying for another card in the future.

  7. My bonus miles arrived the day after the second statement closed, too.

  8. Jonathan, thanks for the reminder to get this card before it ceases to exist. Applied via your link and was instantly approved!

  9. I got this card, made purchases and paid for them online. I just got my statement, it has zero balance and it did not ask me for $89 fee. Is there something I should do ? Or should I wait for second statemenet ?

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