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British Airways / Chase VISA - 100,000 Exec Club miles signup bonus

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My apologies if this is a redundant postl I have looked quickly here on the Europe forum and I don't see anything about this.

Posted here on NYTIMES.com yesterday

http://bucks.blogs.nytimes.com/2009/11/04/the-best-credit-card-signup-bonus-ever

I can't really see any catch, as long as you are the kind of credit card user that makes sure to never carry a balance (13.24% APR initial rate). 50,000 Exec Club miles with first purechase and the second 50,000 miles upon spending $2000 in the first three months.

Only available to Exec Club members with a US address (and SSN, maybe also requires US employment?) anyone can become an Exec Club member, essentially instantaneously.

And a "frequent spender" bonus - - spend $30,000 per year and receive a 2-for-1 Exec Club miles redemption voucher. Any miles redeem seat you can find... redeem the miles for 1 traveler, and get the second traveler for free.

Awfully easy way to get (potentially) two (maybe even Upper Class) tickets for virtually nothing! ($65 annual fee minimum).

Best wishes,

Rex

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