TPG reader question: Can I earn a welcome bonus from multiple British Airways credit cards?
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Editor’s note: This article is part of a weekly column to answer your credit card, points and miles and general travel questions. If you would like to ask us a question, tweet us at @thepointsguyuk, message us on Facebook or email us at email@example.com.
The U.K. points and miles credit card market is hotting up right now.
There have been some recent big improvements announced to American Express credit cards, including bonus points and additional lounge passes with one of our favourite credit cards for beginners, the Preferred Rewards Gold Card from American Express. Also remember Companion Vouchers can now be redeemed for solo travel, as well as travelling with a Companion.
Barclays entered the Avios market this year with two brand new credit cards – the Barclaycard Avios Mastercard and the Barclaycard Avios Plus Mastercard. Right now you can earn a whopping 50,000 bonus Avios with the Plus card, worth £550 by TPG’s most recent valuation of Avios.
That’s an incredible offer for a card that only charges a £20 per month fee.
So with so many great offers and products competing for your attention right now, how do you maximise your travel?
That brings us to this week’s TPG reader of the question.
I saw the 50k offer on the Barclays Avios credit card. I already have a British Airways American Express card and I know there are rules about earning welcome bonuses if you have other cards. Am I still eligible for the welcome bonus on the Barclays card or do I need to cancel my BA Amex first?Kevin, TPG reader
The good news is that Kevin would be eligible for the welcome bonuses on both cards because they are completely separate products from different card issuers.
Kevin is correct that American Express does have strict rules on welcome bonuses if you hold multiple Amex cards — for example, you can’t earn a welcome bonus on the British Airways Premium Plus card if you already hold the free British Airways American Express card. You may have to wait some months or years before you would be eligible for a second welcome bonus on the same card.
However, this does not affect the Barclaycard welcome bonuses eligibility. You are allowed to hold an Amex card at the same time as a Barclaycard, even if they are both British Airways branded. Do be aware that the amount of credit you already have could affect your eligibility for any credit card, and if you do choose to hold multiple cards you would need to pay any applicable annual or monthly fees on both. It may not make long-term sense to hold both cards and pay both fees, especially if you are only using one.
It is great to have these exciting new and improved credit card products in the U.K. right now with generous welcome bonus offers to help you maximise your travel.
Featured image by Wyatt Smith / The Points Guy
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