The long forthcoming merger between US and American Airlines(AA) is nearing completion after many disputes and hangups. The new company will be the largest airline in the United States. This also means flights can be cross booked and eventually, all AA and US Air credit cards will likely be merged.
Update: the US Airways Premier Mastercard is no longer available for new customers. The merger between American and US Airways continues to progress and credit card offerings have changed because of that.
If you are looking for other credit cards, check out the best current offers.
US Airways Mastercard – Benefits
- 50,000 Sign-Up Miles – After getting approved for the card, you will receive 50,000 miles after your first purchase. Better yet, signup a spouse and grab 100,000.
- 5,000 Mile Travel Discounts – All travel bookings which are made with the card receive a 5,000 mile point discount. For example, if book a flight that usually costs 45,000 points, you will only use 40,000. It’s like an additional 5,000 in free points for each booking. This makes the signup bonus even more valuable.
- 2 Round-trip Companion tickets each year – For each year that you own this card, you will be given 2 companion passes that allow travel for $99. They must be used at the same time and the flight ticket must originally cost $250 or more. This is useful in some circumstances, but certainly not all.
- 1 Free US Airways Club lounge pass per year – This comes with varying perks at various airports. You can have a quiet area with access to WiFi, food, restrooms, and sometimes showers.
- First Class Check-in and Boarding – You board first and avoid the lines.
- 0% Interest for the First Year – There is no interest on this card within the first year. You could rollover any existing credit card debt that you owe and pay it off, but be aware that there is a standard one time 4% balance rollover charge. You probably shouldn’t be applying for new credit cards to rollover debt, but there are circumstances when it might make sense.
US Airways Mastercard – Drawbacks
- The $89 Annual Fee – The obvious drawback here is that you must pay an $89 annual fee each year. However, if you only held the card for 1 year, the 40,000 points would certainly be worth more than the $89 one time charge.
- Foreign Transaction Fees – The US Air Mastercard does charge a 3% foreign transaction fee. I wouldn’t ever use this card abroad as there are other options that do not charge this fee.
How to Use This Card
Here is a chart of the typical US Airways redemption values:
And better yet, they offer an off-peak award chart. These are only good for flights within the dates listed.
As you can see, there are a number of good options when redeeming miles.
- 35,000 off-peak round-trip to Europe is the lowest price anywhere, and you would get 5,000 additional points off.
- 35,000 off-peak to South America round-trip is also a great deal
- If the off-peak dates don’t work for you, 40,000 to Hawaii anytime is nice. As is 35,000 to somewhere tropical in the Caribbean.
If you have a spouse, grab one of these cards each and you can enjoy 1-2 great round-trip vacations on the 100,000 bonus miles alone.
US Airways Premier Mastercard Review
The US Airways Premier Dividend Mastercard currently has a great sign up bonus. I probably wouldn’t hold onto the card for longer than one year or spend a bunch of money on it, but I would definitely pay $89 for the 50,000 miles.
Perhaps the best reason to get this card today is because it’s likely to disappear sometime within the next year or so as the US/AA merger moves forward, and these miles will still be valid for all flights booked within the merged company. It’s just another opportunity to pick up cheap miles on your travel hacking journey!
Disclaimer: I have a financial relationship with Barclays. I hold multiple Barclay issued cards credit cards that have earned me thousands of dollars in free travel. This is an excellent offer.