Bank of America has a new bigger bonus for the Asiana American Express card.
Here are the details of the bonus, for someone who won’t buy an Asiana ticket it’s 25,000 miles after $2500 spend within 90 days.
Get up to 38,000 Bonus Miles after qualifying purchases! 10,000 miles after first purchase + 15,000 miles after $2,500 in purchases in the first 90 days + 13,000 miles after purchasing a qualifying round-trip Asiana airline ticket with your new card by December 31, 2014.
I first became really interested in the Asiana program five years ago. See The Hidden Value of the Asiana Award Chart and Asiana American Express.
The card at the time offered 2 miles per dollar on all spending, and a distance-based award chart. So spend $35,000 on the card for a roundtrip business class ticket from the US East Coast to Europe including 5 destinations. Plus get a $100 rebate on Asiana purchases, so a nice credit against award taxes. And with the 10,000 mile discount on an Asiana redemption a one-way first class award to Asia could run just $30,000 in spend.
Sadly the 2 miles per dollar earning doesn’t exist any longer, except on gas and groceries. (3 miles per dollar spent with Asiana.)
But there never used to be a particularly enticing signup bonus for the card, so at least there’s now that.
Here’s the new region-based award chart, with roundtrip pricing to or from the US/Canada:
Asiana does add fuel surcharges to award tickets. Booking with them over the phone is far easier than with Korean Air.
Unfortunately it’s not super-easy for US residents to earn Asiana miles outside of spend through this credit card. The program isn’t a transfer partner of Chase or American Express (though it is a transfer partner of Starwood).