Asiana Visa® Platinum

5,000 Bonus Miles Upon First Purchase 1 Mile Awarded for Each Dollar Spent on Eligible Purchases 2 Miles per Every Dollar on Asiana Airlines Ticket Purchases When Using the Card Miles Compatible with Frequent Flyer Programs

Review: The Asiana Visa® Platinum, issued by Bank of America, N.A. (USA), is designed for those with very good credit who travel frequently via Asiana Airlines. Through the airline reward program, one mile is earned for every dollar spent on the card, and double miles are earned for Asiana Airlines purchases. Cardholders receive 5,000 bonus miles with their first purchase. In addition, 2,000 bonus miles are applied to the account each year upon payment of the annual fee. There is a limit of 100,000 miles that can be earned per year. The interest rate for purchases and balance transfers is reasonable for a reward card (for those who qualify), though not ideal for those who plan to carry a balance. Although there is a low introductory rate that applies to purchases and balance transfers for the first six billing cycles, the annual fee is high for an airline reward card. Aside from the reward program, cardholders can expect common benefits offered by Bank of America, N.A. (USA) that include up to $1,000,000 in travel accident insurance, auto rental insurance, and emergency airline ticket replacement. This card also provides annual discounts for business-class and companion ticket purchases (see website for restrictions). Therefore, those who qualify for the lowest rate offered, plan to pay in full each month (to avoid finance charges), and will take advantage of the annual ticket discounts will benefit most from what the Asiana Visa® Platinum has to offer.

Date of Review: 2006-04-08 00:00:00

Notes: The APR for purchases and balance transfers may range from 6.99% to 10.99% + Prime Rate. The APR is based on the highest Prime Rate during a 90-day period. See website for complete terms and conditions of card usage and application disclosure.

Additional Perks: See website for card benefits.