Of the three major benefits that credit cards confer on air travelers—earning mileage, getting free companion tickets, and providing a faster track to elite status—the last one is the least-known, even by many road warriors. But you still have to know which card puts you on the fast track and how best to deploy it. Here’s a quick guide.
- Get an elite-status, fast-track card if you can’t earn an elite card without it, or if it can get you to a higher level you wouldn’t otherwise reach. If you already earn elite status year in and year out, you don’t need the card. Stick with the best card for earning miles.
- Once you’ve earned the elite-status level using the card, put it in your desk drawer for the rest of the year and go back to using a card that earns you the most miles.
United’s Platinum Visa nets up to 15,000 EQMs
At first purchase: Earn 5,000 Elite Qualifying Miles (EQMs)Annual spend bonus: Earn another 5,000 EQMs when you spend $35,000 each year using the card
Online purchases: Earn up to another 5,000 EQMs for ticket purchases at united.com (1 mile per $1)
Redeemable miles sign-up bonus: Earn 20,000 redeemable bonus miles upon first use of the card (enough for a domestic one-way upgrade or a one-way international upgrade with a B fare)
Annual fee: $140
Details: http://www.firstusa.com/cgi-bin/webcgi/webserve.cgi?partner_dir_name=united_signature_3_20k_v2&page=cont&mkid=6SJS
(While not tied to a credit card, the airline offers another elite fast track offer through an Economy Plus Bonus Tip: Purchase promotion. Visit: http://www.united.com/page/article/0,6722,51328,00.html for details.)
US Airways Dividend Miles Premier World MasterCard and Business Card
At first purchase: 15,000 bonus milesAnnual spend bonus: Earn 10,000 EQMs
Annual fee: $79
Details: http://www.mostmiles.com/app/japply/lp/domains/mostmiles_aep.jsp?source=dmcontent
US Airways Visa Signature or Platinum Plus Card
At first purchase: 25,000 bonus milesKey provision: Make $25,000 or more in net purchases each calendar year and 10,000 of the Dividend Miles earned will be counted as Preferred Miles
Annual fee: $90 Visa Signature
Details: https://www1.bankofamerica.com/creditcards/application/index.cfm?requesttimeout=500&offer_id=ECOMM0901BBZ00406800121999EN000&appnew=y&referralid=&adlink=000002005i1000FABOYT&headerType=&newapp=y&state=undefined
Delta Platinum SkyMiles Amex
At first purchase: 20,000 bonus SkyMiles, 5,000 of which are Medallion Elite Qualification MilesAnnual spend bonus: Earn up to 20,000 EQMs towards Medallion status each year based on your spending
Annual fee: $150 ($95 for qualified American Express Cardmembers)
Details: http://www.delta.com/skymiles/ways_to_get_miles/earning_miles_partners/credit_card_partners/index.jsp
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Of the three major benefits that credit cards confer on air travelers—earning mileage, getting free companion tickets, and providing a faster track to elite status—the last one is the least-known, even by many road warriors. But you still have to know which card puts you on the fast track and how best to deploy it. Here’s a quick guide.
- Get an elite-status, fast-track card if you can’t earn an elite card without it, or if it can get you to a higher level you wouldn’t otherwise reach. If you already earn elite status year in and year out, you don’t need the card. Stick with the best card for earning miles.
- Once you’ve earned the elite-status level using the card, put it in your desk drawer for the rest of the year and go back to using a card that earns you the most miles.
United’s Platinum Visa nets up to 15,000 EQMs
At first purchase: Earn 5,000 Elite Qualifying Miles (EQMs)Annual spend bonus: Earn another 5,000 EQMs when you spend $35,000 each year using the card
Online purchases: Earn up to another 5,000 EQMs for ticket purchases at united.com (1 mile per $1)
Redeemable miles sign-up bonus: Earn...