Asiana Visa Signature® Credit Card
While almost anyone could benefit from having the Asiana Visa Signature, it’s packed with perks that Asiana Airlines flyers will find particularly valuable. Every year you have the card, you’ll get two free lounge passes and a $100 rebate on Asiana tickets.
You’ll also earn miles quickly. Not only do you get a 30,000 miles sign-up bonus, but you’ll also get a 10,000 miles bonus annually. And for a co-branded airline card, the Asiana Visa has great bonus categories for purchases. Every Asiana purchase earns three miles per dollar, and gas and groceries earn two miles per dollar.
Though it isn’t well-known in the United States, Asiana Airlines is the second largest carrier in South Korea and serves 10 U.S. cities. It’s also part of the Star Alliance, which means you can use Asiana miles to fly on nearly 30 partner airlines. More than that, the airline’s frequent flyer program, Asiana Club, offers solid award redemptions on both Asiana and partner flights, making this card a good option for just about anyone, even if you don’t fly Asiana.
Bonuses and Benefits
Knowing what benefits come with a credit card can help you decide if it’s a good fit for you. Here we cover the bonuses and perks that the Asiana Visa Signature® Credit Card offers and the value of the Bank of America Asiana Club miles you earn.
This card comes with a lot of bonuses. Not only do you get a quick 30,000 miles after spending $3,000 in the first three months, but you also get 10,000 miles and an automatic $100 rebate on Asiana tickets every year you renew your card. To make your trip more comfortable, Asiana has thrown in two free lounge passes annually. All told, you’re getting over $500 in perks and bonuses the first year you have the card.
What You Get
- 30,000 miles after spending $3,000 within the first 3 months
- 10,000 miles anniversary bonus
- 2 free lounge passes every year
- $100 rebate on Asiana tickets annually
- 3 miles per dollar spent with Asiana
- 2 miles per dollar for gas and groceries
For most Asiana Club members, miles expire 10 years after they are earned. If you happen to be a Diamond or higher elite member, you have 12 year to use your miles. Older miles will automatically be redeemed first. While it’s unusual that account activity does not extend the life of miles, the 10- to 12-year period is quite long, giving members plenty of time to redeem.
What is the value of the Asiana Club Miles?
Asiana Club has two different region-based award charts. One is for Asiana flights, and the other is for Star Alliance members. You’ll probably use most of your miles with other Star Alliance airlines due to Asiana’s focus on routes to and within Asia.
While flying within the U.S. offers ok value, you’ll get the most out of your Asiana Club miles by flying internationally. And flying long-haul, business class flights can get you an incredible 3.39 cents per mile or more.
What is CPM and How Is It Calculated?
Cents Per Mile (CPM) is a way to measure the value of miles. It tells you how many cents you get for each mile you redeem by dividing the cash price of the airline ticket (minus taxes and fees charged for an award ticket) by the number of miles the award flight costs. This is a somewhat subjective calculation because the price of the flight in both cash and miles fluctuates by season and availability.
How we calculate CPM:
The Best Ways to Redeem Asiana Miles
Asiana Airlines is part of the Star Alliance, which means that you can redeem Asiana miles for flights on any of the alliance’s 27 members. And that’s exactly what you should do to maximize the value of your miles.
Lufthansa is a Star Alliance member known for its fantastic premium cabin service, and flying first class between the U.S. or Canada and Europe for just 100,000 Asiana miles roundtrip is a fantastic deal. Business class is great too, and those tickets are just 80,000 miles roundtrip.
Economy flights to Hawaii on United are also a great deal at just 35,000 miles roundtrip, or 55,000 miles if you splurge for business class. Roundtrip on United to Brazil or Argentina for just 70,000 miles in business class or 50,000 in economy is a steal, too.
If you don’t have quite enough for a premium cabin seat for both outgoing and return flights, you can redeem for one-way awards at half the cost.
San Francisco–HonoluluEconomy classMiles price35,000miles+$11.2 feeDollars price$638
Newark–Los AngelesEconomy classMiles price25,000miles+$11.2 feeDollars price$334
Chicago–DetroitEconomy classMiles price25,000miles+$11.2 feeDollars price$124
Incheon–New YorkEconomy classMiles price70,000miles+$95 feeDollars price$1,711
Incheon–Los AngelesEconomy classMiles price70,000miles+$95 feeDollars price$1,263
Incheon–Washington D.C.Economy classMiles price70,000miles+$95 feeDollars price$1,617
San Francisco–HonoluluBusiness classMiles price75,000miles+$11.2 feeDollars price$1,306
Newark–Los AngelesBusiness classMiles price65,000miles+$11.2 feeDollars price$1,004
Chicago–DetroitBusiness classMiles price65,000miles+$11.2 feeDollars price$312
Incheon–New YorkBusiness classMiles price105,000miles+$95 feeDollars price$4,742
Incheon–Los AngelesBusiness classMiles price125,000miles+$95 feeDollars price$4,336
Incheon–Washington D.C.Business classMiles price125,000miles+$95 feeDollars price$7,854
Other ways you can redeem miles
Hotel Stays15 partners15 part.
While you can’t redeem Asiana Club miles for hotel stays, you can earn miles if you stay with any of the carrier’s 15 hotel partners.
Car Rental4 partners4 part.
Asiana Airlines partners with four car rental agencies, allowing you to earn miles for rentals.
Everyday Earnings with Asiana Visa Signature® Credit Card
The Asiana Visa Signature is good card for everyday earning. That’s not something you can say about many co-branded airline cards since they typically restrict bonus earning to just purchases made with the carrier itself. The categories that earn bonuses with the Asiana card include recurring expenses that most people spend a lot on. You’ll get two miles per dollar for both gas and groceries.
Asiana purchases earn a generous three miles per dollar, instead of the standard double miles offered by most other airline cards. If you regularly buy Asiana tickets, you’ll earn a ton of miles fast. Even if you don’t, you’ll still earn a lot thanks to the card’s other great bonus categories.
- Asiana Airlines purchases
- All Other Purchases
You’ll get two free Asiana Lounge passes annually.
Cardholders receive an automatic $100 rebate on Asiana tickets every year.
No Foreign Transaction Fee
This card’s great for international travel because you’ll never be charged additoinal fees for using it abroad.
Fees: the cost of Having Asiana Visa Signature® Credit Card
The Asiana card’s annual fee of $99 is not waived the first year. If you get the minimum value of 1.39 cents per mile, you’ll have to earn 7,122 miles to cover the cost. And if you don’t make any purchases in bonus categories and earn just one mile per dollar, you’ll still only have to spend $7,122. Assuming you spend roughly $2,000 a month, you’ll recoup the annual fee in just four months.
Since the 30,000 miles sign-up bonus is worth at least $417, this card is essentially free to hold for the first four years. And that’s not counting the annual 10,000 miles bonus that’s worth $139 and the annual $100 rebate. If you use the rewards and benefits, this card can easily pay for itself and earn a lot of free travel.
- Annual Fee
- Balance Transfer Fee
Either $10 or 3% of the amount of each transaction, whichever is greater
- Foreign Transaction Fee
- Late Payment Fee
Up to $38
See What It Takes to Cover an Annual Fee:
Get anniversary bonus: 10,000 miles
You will receive 10,000 bonus points each anniversary year – enough to cover more than a half of the annual fee.
We strongly recommend to spend not less than $2,559 per months to cover the annual fee in three months.
We’ve broken out our estimates for the first- and second-year net earnings you’ll get with the Asiana Visa Signature credit card. Is the card worth getting, and should you keep it after you get the sign-up bonus? Let’s find out.
These estimates are based on an annual monthly spend of $2,000
Top 5 Benefits of theAsiana Visa Signature Credit Card
The Asiana Visa offers Asiana flyers a variety of valuable perks, including lounge passes and rebates, and is great for earning miles fast.
- Great Sign-Up Bonus: You’ll get a quick 30,000 miles worth over $400.
- Excellent Earning Potential: This card offers great bonus categories for purchases, which is something you don’t get with many airline cards. Gas and groceries earn double miles, and Asiana purchases get triple!
- Complimentary Lounge Passes: You and a friend or family member can get into an Asiana Lounge for free once a year.
- Annual Bonuses: Every year you renew your card, you’ll get a $100 rebate on Asiana tickets and 10,000 miles.
- Book Star Alliance Flights: Since Asiana is a Star Alliance member, you can book award flights with 27 airlines with your miles, and Asiana Club has some great redemptions, too.
Should You Get the Asiana Credit Card?
The Asiana Visa Signature is going to benefit someone who actually flies on Asiana Airlines the most. To maximize the value of the card, you’ll want to take advantage of the annual $100 rebate on Asiana tickets and the two free lounge passes. Those benefits more than cover the cards $99 annual fee.
However, you might consider getting this card even if you don’t think you’ll use those perks every year. The sign-up bonus, anniversary bonus and generous bonus categories for purchases means that you’ll rack up miles fast, so this card could be a good way to earn free flights to Asia or anywhere else on Star Alliance member airlines. Just make sure that you’re getting more out of the rewards you earn than you’re spending in annual fees.
Need more info? Check out our frequently asked questions. If you have other questions, please click on “Ask Now” below.
- Most applicants who are approved for an Asiana Visa Signature card report having a good credit score, which starts around 680. Keep in mind that Bank of America will consider you entire application, so your credit score is no guarantee of approval or denial. If you’re unsure if you’ll qualify for the card, consider calling Bank of America’s customer service and discussing your specific situation.
- It’s easy to redeem miles for Asiana flights through the airline’s frequent flyer program, Asiana Club. Simply go to Asiana’s website, log into your Asiana Club account and search for flights.Unfortunately, you can only book awards on Asiana through the website. If you want to book on Star Alliance member airlines, you’ll have to call Asiana’s U.S. customer service line at 1-800-227-4262 between Monday and Friday.UBefore you call, you should search for the flights you want through another Star Alliance member’s website, such as United’s. Gather the flight numbers and routing you want, then call Asiana to request those specific flights.
- You’ll get the most out of the Asiana Visa Signature if you actually fly on the airline at least once a year. That’s because the card comes with a $100 rebate and two free lounge passes annually, which are only good for Asiana flights.It might still be worth getting the card, though, even if you fly on Asiana less frequently. The sign-up and anniversary bonuses can be quite valuable, plus you can earn miles quickly thanks to double points for gas and groceries. You could use your stockpile of miles for a trip to Korea, Japan or just about anywhere in Asia via Asiana, or to anywhere else in the world via the carrier’s Star Alliance partners.
- Cards with transferable points, such as the Chase Sapphire Preferred or Citi ThankYou Preferred, will give you a lot more redemption options. That’s because you can use the points you earn to book through either the reward program’s online travel portal or by transferring them to airline partners.While you can book flights on nearly 30 airline partners with Asiana miles, you have to book through Asiana’s frequent flyer program. That means that you’re locked into the program’s redemption rates and limited to award seat availability. With transferable points, you can use whichever program offers the best rates, or use the travel portal if you can’t find an award ticket or the price you want.The main advantage of getting the Asiana card is that you’ll get perks when you fly on the airline, including lounge passes and rebates. You may also want to get this card if you already have many other rewards cards and you want to earn a valuable sign-up bonus with a new card.
Other Asiana cards
|Sign-up bonus||10,000 miles||30,000 miles|
|APR On Purchases||14.49% Variable±||16.24% to 24.24% Variable±|
|Second Year Value||$0||$439|
The most obvious difference between these two cards is that one is designed for small business owners and the other is a personal card. To qualify for the small business card, you’ll have to prove to the bank that you have some sort of independent income, even if you’re primarily employed by someone else. Thankfully, that can be as easy as selling on eBay or renting through Airbnb.
However, just because you qualify for the business card, it doesn’t mean you’ll want it. It has a cheaper annual fee at just $80, compared to $99, but you’ll get less with the card. In fact, the business card is inferior to the personal card in just about every way.
First, the sign-up bonus is just 10,000 miles, which is 20,000 less than the personal card. Second, you won’t get all of the annual perks, such as free lounge passes and the 10,000 miles anniversary bonus. Third, the business card earns double miles on Asiana purchases only. The personal card will give you triple miles with Asiana and double at gas stations and grocery stores.
What you do get with the business card is an extra $100 rebate every year. So the personal card comes with one rebate annually, and the business card comes with two. While getting $200 in rebates makes the $80 annual fee sound like a bargain, you should remember that the second rebate is worth less than the 10,000 miles anniversary bonus alone. And that’s not counting all of the other benefits that come with the personal card.
Compare the Asiana Visa Signature Credit Card to Other Cards
If you’re looking for a co-branded airline card to add to your wallet, there are a lot of options available. Let’s take a look at Asiana’s competition.
When getting an airline card, you should first look for one that’s co-branded with a carrier that you use. There’s no doubt that you’ll get more out of the card. If you don’t use the miles you earn, than why bother?
If, however, you happen to be in a position where you can use several airlines, you should consider the bonuses, perks and costs of the various cards.
The Alaska Airlines Visa Signature might be Asiana’s best competition. You’ll get the same 30,000 miles sign-up bonus, free checked bags and a potentially very valuable annual $99 companion pass. That pass alone could be worth hundreds of dollars since you can take a companion with you in economy to any destination in the U.S. for just $99. You’ll earn three miles per dollar with Alaska and Virgin America, but just one mile for all other purchases.
The Gold Delta SkyMiles card also comes with a 50,000 miles bonus and free checked bags, but not much else. You’ll earn just one mile per dollar for all purchases except with Delta, which earns two miles per dollar. The $95 annual fee is waived for the first year.
The Southwest Rapid Rewards Plus card is the cheapest of the bunch with a $69 annual fee, though it’s not waived the first year. You’ll get a 50,000 points sign-up bonus and an annual 3,000 points bonus. The card earns double points with Southwest, and all other purchases get just one point per dollar. While Southwest offers some nice perks to all of its customers, such as free bags and no change fees, the card doesn’t offer any particularly outstanding benefits.
Whenever you apply for a credit card make sure you read the terms and conditions of the card and the rewards program to find out about minimum spend requirements and any restrictions to ensure you can successfully obtain the card and earn the rewards it offers.
Card Terms and Conditions
While it's easy to focus on the rewards offered by the Asiana credit card, it's worth taking a closer look at the terms and conditions. There's a lot to consider as you think about how you're going to use the card. Will you carry a balance, get a cash advance or maybe make a big purchase? Below is a rundown of the various interest rates, purchase protections, security features and mobile banking options that come with the Visa Signature card.
- Intro APR:
- See Terms and Conditions
- Intro APR for balance transfers:
- See Terms and Conditions
- Ongoing APR:
- 16.24% to 24.24% Variable±
- Minimum Grace Period:
- 25 days
- Extended Warranty Protection:
- Adds up to 1 additional year of coverage to items with U.S. warranties of 3 years or less. The maximum payment is $10,000 per claim.
- Purchase Protection:
- Purchase an item with your card and receive coverage against damage or theft for 90 days.
Cash Advance Features
- Ongoing APR:
- 19.24% to 26.24%, based on your creditworthiness when you open your account, for Direct Deposit and Check Cash Advances, and 26.24% for Bank Cash Advances
- Cash Advance Fee:
- Direct Deposit and Check Cash Advances: Either $10 or 3% of the amount of each transaction, whichever is greater. ATM, Over-the-Counter, Same-Day Online and Cash Equivalent Cash Advances: Either $10 or 5% of the amount of each transaction, whichever is greater
Security and Protections
The Asiana card comes with the standard security features offered with every Bank of America credit card.
- Fraud Protection:
- Bank of America monitors your account for any abnormal activity.
- Zero Liability:
- You’ll never have to pay for an unauthorized charge made to your account.
- Chip Cards:
- Chip technology offers enhanced security and protection at chip-enabled terminals.
- Account Alerts:
- Get email and text alerts to help you monitor your account.
- Monitor Your Credit Score:
- Access your FICO Score every month for free.
- Generate a temporary card number to make online shopping private and secure.
It’s easy to keep track of your credit card account while you’re on the go.
- Mobile App:
- Bank of America’s mobile app makes it easy to monitor your account, pay your bills, transfer funds and more.
- Digital Wallet Technology:
- The Asiana Visa Signature card is compatible with Apple Pay, Android Pay and Samsung Pay.
Additional Cardholder Benefits
The Asiana card comes with all of the cardholder benefits associated with Visa Signature cards, including the following:
Visa Signature Travel Benefits
- Auto Rental Collision Damage Waiver:
- Coverage for theft and collision for most rentals in the U.S. and abroad. Coverage is secondary to your personal insurance.
- Roadside Dispatch:
- Call 1-800-847-2869 and roadside dispatch will send a tow truck or locksmith to your location. Services cost $69.95.
- Travel and Emergency Assistance Services:
- Legal and medical referrals, and other travel and emergency assistance is available any time of day. Service charges may apply.