Travel rewards credit cards take different forms. Some offer hotel-specific rewards, discounts, freebies, and benefits. Others accumulate points that can be used to fund or offset general travel purchases. And still others offer specific airline rewards that reduce or eliminate airfare costs.
The British Airways Visa Signature Card, which comes with a $95 annual fee, belongs to the third group. It’s an airline rewards card that accumulates an unlimited 3 Avios points – British Airways Executive Club loyalty program points – for every $1 you spend on airfare purchases with British Airways, Open Skies (a transatlantic carrier wholly owned and operated by British Airways), and members of the oneworld airline alliance, which includes Iberia, American Airlines, Cathay Pacific, and Qantas, among others. All other purchases earn 1 point per $1 spent, also with no spending caps or restrictions.