For a long time, the Chase British Airways Visa has offered 1.25 points per dollar on non-bonus spend.
But starting April 30th, 2015, the card will become worthless. And you should dump it.
I’ve seen a lot of other bloggers saying how you can still get 50,000 Avios, without paying the annual fee of $95 the first year, and that the card is still worth it for that reason alone. No.
I’ve long been a supporter of the Chase British Airways Visa. I’ve even toyed with the idea of putting $30,000 of spend through the card to trigger the Travel Together companion certificate, despite the outrageous (!!!) fuel surcharges. I even researched Fifth Freedom flights, in part to defend the usefulness of Avios.
But this new earning structure, combined with the changes to their business/first class award redemptions, renders the card completely useless.
In fact, many other cards offer better earning rates for British Airways Avios:
- The Chase Ink Plus will continue to offer 5 Avios (Ultimate Rewards points) per dollar on office supply and telecommunication spend
- The Chase Sapphire Preferred will continue to offer 2 Avios per dollar on all travel (a very broad category already) and dining (also very broad)
- The American Express EveryDay Preferred will offer 4.5 Avios (Membership Rewards Points) per dollar on all grocery spend up to $6,000 per year (after 30 transactions per month), 3 Avios per dollar on gas, and 1.5 Avios on all other spend – this alone beats the socks off the Chase British Airways Visa – and it has the same annual fee (!)