Just when I thought my review of bmi credit cards was completed, they come along and launch another variation. This time it’s two cards (one Amex, one Visa) for the price of one. One credit limit of course.
BUT – Different earning rates!
Amex – 3 points per £1 on flybmi.com and 1.5 points elsewhere
Visa – 1.5 points per £1 on flybmi.com, but only 1.5 per £2 elsewhere
16.9% APR – 0% on balance transfers for 12 months, if done in first 90 days – 3% fee
0% on purchases for three months
A bit harder to work out whether this is a good deal or not, as it would be too easy to assume that you would (of course) use your Amex everywhere for the higher rate. So:
£12,000 per annum spend in Year 1
All on Amex – no bmi – 38,000 Destination miles
All on Visa – no bmi – 26,000 Destination miles