The Advent of Huge Bonus Miles Credit Card Programs

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The Advent of Huge Bonus Miles Credit Card Programs

Credit card companies fight tooth and nail to get each other’s loyal customers, and when the competition heats up it is always good for the cardholder. The most dramatic example of this kind of war to win customers in recent history happened this spring, when innovative card company Capital One fired the first shot by matching up to 100,000 points for anyone who moved mile accounts over to the travel rewards card.

That attracted lots of people who had accumulated miles in other programs and did not want to risk losing them by changing credit cards. In addition to that, the card company also offered a bonus award of 10,000 points to anyone who signed up for the card. Then Chase followed with a great deal on its British Airways Visa card, offering a sign-up bonus of up to 100,000 miles. Amex is offering more perks and benefits to travelers who use the American Express Platinum Card, and those include free access to at least 600 VIP lounges in airports scattered across more than 100 different countries.

These kinds of offers are really lucrative if you find one that meets your particular travel or miles reward needs, so stay alert. If these card companies find that the incentive programs are successful then we will likely see lots more great mileage program offers during the coming months.

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