Triangle Trip

Continental Airlines is trying to bring back some prestige to airline status by introducing an invitation only, Presidential Platinum status. To get Presidential Platinum, you will need to get Elite Platinum status with Continental; and you must have spent $30,000 USD on Continental Airlines, excluding partners.

Presidential Platinum does not offer anything more than Elite Platinum, except for being ahead of Elite Platinum for upgrades. Presidential Platinum status members will be prioritized behind United’s Global Services and 1K members, but ahead of Premier Executive members when traveling on eligible UAL flights. Essentially, Presidential Platinum is a junior United 1K status.

One more thing: Presidential Platinum status holders also get their Continental credit card annual fee waived. But who pays for annual fees on credit cards these days?

Continental missed its mark. What’s the point of another status tier when it doesn’t have any added benefits? Continental should have made Presidential Platinum like Delta’s new Diamond status – which requires 125,000 Delta miles to quality, and comes with tangible benefits like six (6) system-wide upgrades.

Since joining Star Alliance, Continental has been creating closer ties with United. Continental has adopted United’s system-wide upgrade this year. I am not sure if Continental’s OnePass program is heading in the right direction.

I already have the SPG AMEX, which I think is the best travel credit card out there.  You get 1 point/$1 for everyday purchases.  You get an additional 2 points/$1 for stays at SPG properties (W, Westin, Sheraton, Le Meridian, Four Points and more).  If you are Gold or Platinum SPG member, you get 3 points/$1 instead of 2 points for stays at SPG properties.  You can earn Gold status at SPG by spending $30,000 on the card in a calendar year.  A SPG night redemption runs around 10,000 points for a decent property.  So that’s about a $200 return for $10,000 spent on the card.  Not only that, the SPG AMEX allows you to transfer points to airlines miles at a 1:1 point to mile ratio, with a 5000 miles bonus for every 20,000 points transferred to miles.  So if you transfer 20,000 points to an airline mileage account, you would get 25,000 miles, usually good for a free domestic flight.  The card has an annual fee of $45 that is far less than the annual fees of airline cards, which run about $75-$100.  Lastly, I think SPG is the best hotel program out there and hotel points are far better than airline miles.

However, there have been 2 recent airline card offers that have been tempting, but not sure if its worth the hassle.

Firstly, the British Airways Visa Signature Card.  What’s so special about this card?  Well not much but the current promotion is probably the best signup promotion I’ve seen yet.  You get 50,000 miles for your first purchase on the card and then another 50,000 miles if you spend $2000 in first 3 months, which is easily doable.  That’s a total of 100,000 miles, which gets you 2 free transatlantic flights from the US to Western Europe in economy.  You also get a free companion voucher valid for 2 years for spending $30,000 on the card in a calendar year.  The downside of the card?  First, the annual fee is $75.  Also, personally I don’t ever fly British Airways and I don’t fly any of the airlines in One World, which includes American Airlines.  Star Alliance is probably the best airlines alliance out there especially now that Continental has defected over to them from Sky Team.

Speaking of Star Alliance, this brings me to the 2nd card on my mind: the Asiana AMEX from Bank of America.  You earn 2 miles per $1 spent on the card, which literally unheard of for airline credit cards.  Although the card has an annual fee of $99 this offset by the fact that the card offers an $100 annual rebate towards the purchase of Asiana Airlines ticket.  You also get a 10,000 Bonus miles Certificate every year in the month of your anniversary date of the card.  This is good towards a choice of an international or Korea domestic air ticket, a seat class upgrade or an excess bag allowance.  But its use it or lose it annually.  Also, there are a couple great things about Asiana Airlines.  First, as I alluded to before, Asiana is a part of Star Alliance, which consists of 25 member airlines such as United, Continental, US Airways, Lufthansa, BMI, Air China, ANA, and Singapore Airlines.  Below is the Asiana Star Alliance award ticket redemption chart:

This redemption policy also allows you to redeem a one-way ticket instead being forced to redeem a roundtrip.  Additionally, another great thing about Asiana is their favorable status qualification.  See my previous post about this.  Basically you just need 40,000 miles in 2 years to get Star Alliance Gold (Asiana Diamond).  This doesn’t have to be on Asiana but you can use any miles flown on Star Alliance partners for status qualification.  In contrast, you need to fly 50,000 miles with United in one calendar year to get Star Alliance Gold (United Premier Executive).  Recently, after hitting 1K with United, I’ve been banking all my United miles to my Asiana account.

So what’s the verdict?  If you are willing to deal with getting the BA Visa and then canceling after 3 months, the $75 annual fee is definitely worth the 2 round trip tickets to Western Europe.  If you fly Star Alliance frequently, especially to Asia, and don’t have any other credit cards with an annual fee, then I think making the Asiana AMEX your primary credit card is a great deal.  If none of these sound appealing enough, do look at the SPG AMEX.

Lured back from United’s EQM offer, I made Premier in May and finally received the Premier membership kit last week.  As part of EQM, almost everyone will have at least Premier status by early August (when United will calculate and give everyone double or triple Elite Qualifying Miles for their flights between March and June). EQM definitely came with a cost thought.

Unlike other airlines that will honor your previous year’s status until the end of February of the following year, UAL will only honor your status from the previous year until the end of January. Since I have flown 25,000 miles in 2009 (without EQM), I am qualified to be a Premier for 2010. Typically United will let me maintain my Premier status until the end of February 2011. However times have changed as you can see from the picture below:

For the Star Alliance fliers, this change may have some impact on your status if you are flying international. I am not a huge fan of US Air but The Coach has informed me that US Air still honors status until the end of February. If you’re an international flier and want a fast track to get Star Alliance Gold to access their lounges and save some money on bag checks, take a look at Statusmonger’s previous post to get Star Alliance Gold and Diamond for up to three years.