Air France-KLM and Bank of America Announce World Elite MasterCard
Air France-KLM and Bank of America Announce World Elite MasterCard
Air France-KLM and Bank of America are now offering a rewards card for the first time in the United States. The airline and bank made the announcement on Tuesday.
Stephanie Ormand, Vice President and General Manager USA at Air France KLM said in a statement, “We are excited to launch this new card to reward our loyal customers in the United States. The U.S. is a major market for Air France-KLM with growing demand for our flights and services from 14 American airports to Amsterdam, Paris, and beyond. Flyers in the U.S. have many choices. It is our priority to delight and reward our frequent fliers. Especially following the enhancements to our Flying Blue program, this card will allow us to provide customers more flexible, accessible reward tickets and provide services designed to make trips more enjoyable.”
The annual fee for the card is $89.
Benefits
- 25,000 Miles after you spend $1,000 within the first 90 days of your account opening
- 3 Miles per $1 spent directly on Air France, KLM Royal Dutch Airlines and SkyTeam member airlines purchases
- 1.5 Miles per $1 spent on all other purchases
- 5,000 Miles every year on your account anniversary after you spend $50 or more on purchases within the anniversary year
- 60 XP (Experience Points) upon approval
- Redeem Miles toward flights with any SkyTeam member airline to over 1,000 destinations worldwide
- No foreign transaction fees
- All for a low annual fee of $89
Thoughts
It’s actually pretty nice that the card offers 3 miles per $1 spent on SkyTeam member airline purchases. Though I’m not sure a Delta frequent flyer would find this card better than the Delta-branded cards, it is pretty nice that they offer the same incentive for SkyTeam purchases as they do for Air France-KLM purchases.
60 Experience Points puts you 60% on your way to silver status (100 XP for silver). In the first year, with the introductory 60 XP, you could get a total of 120 XP, which would put you 60 XP away from gold status on Flying Blue.
You can apply for the card and read more about the terms and conditions on the Bank of America website.