100,000 Miles Signup Bonus For Chase British Airways Card

Update 2: Offer is back!
Update: The offer for 100,000 is down to 30,000. Here is a link that still shows 100,000, but its a hit or miss if BA will give you the 100,000.

Chase is offering 100,000 British Airways miles as a signup bonus for their Chase British Airways Visa. Their taxes and fees are pretty high, but still, you are getting 100,000 miles for one card! Wow!

• You earn 50,000 after first purchase, and another 50,000 after spending $2,000 within the first three months.
• If you spend $30,000 within a calendar year (so it seems that you have less than two months to do it in 2009), you will get a free companion award ticket to be used on British Airways only. You will still be charged the taxes and fees, which at British Airways are unfortunately quite high.
• There is a $75 annual fee, but it is by far worth it.
  

A nice thing about British Airways is that they don't charge extra fees for booking tickets close to traveling. So, say you want to fly with American Airlines within the USA. With AA miles it would be 25,000 miles, but if you book the flight close to the departure date, you will be charged an extra $50 - $75 per ticket. If you use BA miles for the same flight, it will cost the same 25,000 miles, but you won't be charged the extra money. The high taxes and fees don't apply to flights with American (even when using BA miles).

You probably won't get accepted unless you have a great report and score. So, you may want to check your credit first. In NY Chase is checking Experian.

Seen on ViewFromTheWing