This morning MileValue wrote,
In the next few weeks, Barclaycard will stop accepting applications for the US Airways Premier World MasterCard.
I think his advice is wrong on two levels:
- I disagree that Barclaycard will stop issuing the US Airways MasterCard ‘in the next few weeks’.
- I also disagree that you should sign up for the card that offers 30,000 points after first purchase. I have a link for that offer, too, and it gives me referral credit if you use it. But there’s a better 35,000 mile after first purchase offer, and it comes with a $0 fee the first year — so better on two counts.
A key question will be what is the current duration of the US Airways-Barclays agreement, the wind down could well have the card continue through the end of the Dividend Miles program [likely end Feb/early March 2015].
It is even conceivable (though I’d say less than 50% likely) that the card would continue to the end of its current contract such that – if it lasts that long – there would be both a Barclays and Citi American Airlines card at the same time. There was a Barclays and Bank of America US Airways card at the same time when US Airways and America West merged.
We do not know what the end date of Barclays’ co-brand relationship with US Airways / New American will mean for the end date of accepting applications for the card.
But I am confident in predicting that it will not be ‘the next several weeks’ when applications for the card cease.
Personally I am keeping my US Airways card for now. It just renewed in December, and I received 10,000 bonus miles at renewal. I am putting $25,000 in spend on the card as early in the year as possible so that I’ll receive 10,000 elite qualifying miles. I expect that elite qualifying miles from both US Airways and American will get combined for status in 2015.
After I hit the $25,000 in spend mark it’s an open question what I do. If I come to believe the card will last through the first couple of months of 2015, I’ll likely keep it — I’ll get another 10,000 bonus miles with card renewal, and I’ll likely have an opportunity to earn elite qualifying miles next year. The US Airways card requires less spend and is less expensive than the Citi Executive card that offers 10,000 qualifying miles after $40,000 in spend. I a likely going for that card as well and putting the spend on it to earn qualifying miles and make it easier to hit Executive Platinum status again for 2015.
(Note that cards in this post offer credit to me if you’re approved using my links. The opinions, analyses, and evaluations here are mine. The content is not provided or commissioned by American Express, by Chase, by Citibank, US Bank, Bank of America, Barclays or any other company. They have not reviewed, approved or endorsed what I have to say.)