FlyerTalk Forums - View Single Post - BA miles redemption tax versus AA

Dec 21, 2009 | 10:51 pm

#43

beachfan

Join Date: Sep 2002

Location: Thousand Oaks, Ca., USA

Programs: AA Lifetime Plat; Bonvoy Titanium Lifetime Elite;Hyatt Globalist; HHonors Diamond; United Silver

Posts: 9,965

Quote:

Originally Posted by Happy

The cost of $40 is about what it takes to receive 100,000 BA miles, that is, if you have a US residence address, and are approved for a BA Visa issued by Chase.

$2,000 spending on BA Visa would net you 50K + 50K BA miles. $2000 at 2% cash rebate on the best alternative, is $40.

While $40 is not free, it is very close to free.

I am sure your old friend redtailshark would really like it this way.

As far as the catch, let's say, BA must have a dire need to exchange gazillion miles for cash with Chase to come up with this offer.... Unfortunately, the catch is, the offer is only available to US-based applicants.

Well, my cash back card is free, the BA card is $75, so the total is $115. Still a great deal Even better if you do the $30,000 spend and get a two-fer.

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