Things to watch out for
So far so good. However, there are some things to consider before you buy, as a number of the cards offering higher number of air miles as a reward do come with annual fees.
For example, the British Airways Premium Plus Amex offers an inviting 25,000 miles as a welcome bonus, a further 25,000 if you spend £3,000 in the opening 3 months and 1.5 miles for every £1 you spend. Yet it also comes with a £195 annual fee which boosts the APR on the card to 76%.
Similarly, the Virgin Atlantic Black Amex card offers 18,500 miles and 2 miles per £1 spent. It though, comes with a £140 fee and an APR of 57.4%.
The APR for purchases on both these is higher than other cards on the market. This means it would be wise to ensure that you clear your balance each month.
If you’re looking at one of these cards though, it is presumably because you want to be able to use the air miles against flights while airlines allow you to use the miles towards the cost of the basic airfares you can’t use them to pay for surcharges and taxes. For example, someone using British Airways miles for a flight to New York may be quoted a price of £523. £155 of this is listed as government taxes. A further £163 is a carrier imposed surcharge. This means the points can only be redeemed for £205 of the £523 fare with the balance having to be paid by card.
You’ll also find that availability can be restricted. Summer and other holidays on popular routes are often very difficult to find, plus if you find an outbound flight you sometimes can’t find your return flight.
If you’re thinking of getting a new credit card we can help you compare. There are over 200 credit cards listed on our site so finding a new card couldn’t be easier.
All Air Miles Credit Card details are based on information provided by moneysavingexpert.com data on 15 April 2016