That is correct. Annual elite status, no, only BIS. But if/when you compile 1 million, then 2 million miles (from all sources, BIS, credit cards, etc) you do gain "lifetime" status - gold and platinum, respectively.
Originally Posted by
Beerman92
I'm no expert but I don't believe this is true. Credit card spending does not count towards annual elite status. It does count towards lifetime miles I think (so to earn 1MM flyer, etc.).