For possible future reference, the full blurb and T&C as retrieved today:

http://www.britishairways.com/travel...penxtype=click

British Airways Visa Signature® Card¹

Now, no foreign transaction fees.*

From dining in Paris to shopping in Amsterdam, you won’t have to pay a foreign transaction fee with the British Airways Visa Signature® Card.1 Accepted at millions of locations worldwide—it’s just one of the ways the card helps world travellers like you explore worldwide destinations for less.

For a limited time, new cardmembers receive 100,000 bonus BA Miles—enough for two round-trip transatlantic flights.

Apply by May 6, 2011 and you’ll also receive our most generous enrollment offer of the year—up to 100,000 bonus BA Miles. You’ll earn 50,000 bonus BA Miles after your first purchase2 on the card and an additional 50,000 bonus BA Miles after spending $2,500 on your card within the first three months of activation.3

More exclusive benefits include:

BA Miles for every dollar spent—Earn 2.5 BA Miles for every $1 spent on British Airways purchases. Earn 1.25 BA Miles for every $1 spent on everyday purchases.4
BA Miles Travel Together Ticket—With the BA Miles Travel Together Ticket, you can bring a companion on your next reward flight without using any additional BA Miles. Every year you spend $30,000 on your card, you’ll earn a Travel Together Ticket good for two years. For more details, visit ba.com/traveltogetherticket.5

Not an Executive Club member?

When you apply for the British Airways Visa Signature Card, you’ll automatically be enrolled in the Executive Club. As a member, you’ll enjoy earning BA Miles for reward travel, exclusive offers and more.

Apply Now

Pricing and terms

* Please see Pricing & Terms for complete details about rates, fees, and other costs.

1. You will first be considered for a Visa Signature card. If you do not qualify for that product, you will automatically be considered for a Visa Platinum card, which has different fees, benefits, and credit availability. For pricing details, please see Pricing & Terms. For benefits details, please read your credit card benefits materials which will be mailed after your account is established.

2. You will receive 50,000 bonus BA Miles with this bonus offer, which can be redeemed for 1 transatlantic reward flight in World Traveller, economy class from the USA to Europe Zone 1, or choose to redeem for another qualifying flight. Europe Zone 1 includes the United Kingdom, Belgium, France, Germany, Ireland, Luxembourg, Netherlands and Switzerland. All reward flights are subject to taxes, fees, charges and surcharges, including airline surcharges. You will qualify for and receive your bonus after your first purchase/first use of the card. First purchase/first use includes purchases, balance transfers, or any checks that are used to access your account, and excludes cash advances. After qualifying, please allow 6 to 8 weeks for bonus BA Miles to post to your account. This one-time bonus offer is valid only for first-time cardmembers with new accounts. Previous and existing cardmembers/accounts are not eligible for this bonus offer.

3. You will receive 50,000 bonus BA Miles with this bonus offer, which can be redeemed for 1 transatlantic reward flight in World Traveller, economy class from the USA to Europe Zone 1, or choose to redeem for another qualifying flight. Europe Zone 1 includes the United Kingdom, Belgium, France, Germany, Ireland, Luxembourg, Netherlands and Switzerland. All reward flights are subject to taxes, fees, charges and surcharges, including airline surcharges. To qualify and receive your bonus, you must make qualifying transactions totaling $2,500 or more during the first 3 months from account opening. Qualifying transactions include purchases, balance transfers, and any checks that are used to access your account, and exclude cash advances. After qualifying, please allow 6 to 8 weeks for bonus BA Miles to post to your account. To be eligible for this bonus offer, account must be open and not in default at the time of fulfillment. This one-time bonus offer is valid only for first-time cardmembers with new accounts. Previous and existing cardmembers/accounts are not eligible for this bonus offer.

4. You will earn 2.5 BA Miles for each $1 of British Airways net purchases and 1.25 BA Miles for each $1 of all other net purchases. You do not earn BA Miles on balance transfers, cash advances, cash-like charges such as travelers checks, foreign currency, and money orders, any checks that are used to access your account, overdraft advances, interest, unauthorized or fraudulent charges, or fees of any kind, including fees for products that protect or insure the balances of your account. There is no maximum number of BA Miles that you can accumulate in the program. See Rewards Program Rules and Regulations which will be mailed after your account is established.

5. Subject to availability. Taxes, fees, charges and surcharges, including airline surcharges apply. British Airways Executive Club terms and conditions apply. Cardmember must spend $30,000 in a single calendar year on their British Airways Visa Card to receive a Travel Together Ticket. The Travel Together Ticket will be in the form of a voucher that can be redeemed by Cardmember for a companion. Cardmember is eligible for only one voucher each calendar year. Cardmember will receive the voucher 4-6 weeks after the billing cycle when the Cardmember reaches $30,000 in purchases, and will not be eligible for another voucher until the next calendar year. The voucher is valid for a companion ticket in conjunction with Cardmember’s reward flight on BA taken within 2 years from the date of issue. All vouchers will be issued in the name of the main Cardmember who must travel on any booking where the voucher is used. The voucher cannot be used in conjunction with any other promotion and is only valid if it has been acquired in accordance with the rules of this promotion. The voucher is not extendable, transferable and have no cash or mileage value. Companion must travel with the Cardmember on both the outbound and inbound journey and be booked at the same time for both directions. Redemption Flights and vouchers may only be used for flights on British Airways mainline service, which have a BA prefixed flight number. Travel on franchise, codeshare or alliance airlines is not permitted. All travel must originate in and return to the US. Additional restrictions apply. Please visit ba.com/TravelTogetherTicket.
MILEAGE SUMMARY

You must be a member of the British Airways Executive Club programme. If you are not already a member, you will be enrolled automatically if you are approved for the British Airways Visa. BA Miles accumulated through the British Airways Visa card will be transferred to your Executive Club account; however, BA Miles reported on your monthly statement from Chase may not post into your Executive Club account if you change your Executive Club address to one outside of the US. BA Miles earned with the British Airways Visa card will not be credited toward Executive Club tier level progression or retention. For rules and regulations of the Executive Club, please visit www.BA.com. Redemption of BA Miles for travel is solely the responsibility of British Airways.