Asiana Credit Card Review 2013

Based out of South Korea, Asiana Airlines is a rapidly growing carrier which works hard to stand out from the crowd by branding themselves as an upscale airline. But is the Asiana credit card also a cut above the rest? Let’s do a review and find out…

Issuer: It is a Bank of America Asiana credit card. Many people assume it’s an Asiana American Express issued card (since the logo is on it) but that’s incorrect – the logo means the card operates over the American Express payment network. The actual issuer and party responsible for handling the accounts is BofA.

Annual Fee: This credit card currently carries a $99 annual fee (I have not seen any “no annual fee” promotions for it either).

Rewards: There rewards used to give 2x miles on all purchases and 3x miles on some grocery stores. But BofA changed the rewards for the worst. Sometime during 2012, the program was watered down and now this is what you will earn for 2013:

  • 1 mile per dollar on regular purchases
  • 2 miles per dollar on gas and grocery store purchases
  • 3 miles per dollar with Asiana Airlines

Before they changed the program, it was one of the best cards on the market. Now I have a hard time justifying the $99 annual fee given that you are now earning half the rewards as before.

Signup Bonus: The Bank of America Asiana credit card offers 10,000 bonus miles for new card applicants. The annual fee is NOT waived for the first year.

Other Noteworthy Benefits: A $100 rebate on an Asiana ticket purchase once per year. This card is a member of the Star Alliance, which means you can convert use your miles on other airlines which are part of the network (around 30 different airlines). Each year it also gives a 10k bonus miles certificate and 2 one-day lounge passes.

Verdict: Previously this was undoubtedly the best card from Bank of America for rewards. But now that they took away the double miles on all purchases, the Asiana credit card is not nearl as enticing. To see how it stacks up against others, take a look at the top 10 air travel credit cards.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Would anyone know if these miles are mere points or actual miles? I have an Alaskan Airlines card where I have 14,000 miles but I found out these miles are merely points that barely covers a one-way trip to the continental U.S. I am curious to know if Asiana Airlines miles are really 10,000 miles I can use. That’s good enough for a round trip from the U.S. to Asia.

Kevin McGivern

Scam warning!!! Asiana’s already very small 10,000 mile sign up bonus DOES NOT really go into your miles account. They do but are only applied when you redeem your miles for a ticket which you must do within a year or they expire. Yes, you get another 10,000 each year but they never build up, they just expire. The big problem is that this means they do not add to your current miles or to your club status, such as miles required for Diamond Club status.The card also promotes free lounge passes every year BUT they are only good in the USA. What good is that? I have appreciated the beautiful Asiana/Star Alliance lounges overseas when in transit and have little need for the tiny sad Asiana loungeI have seen in Seattle. I am a happy long time Asiana flyer but I feel scammed and will likely close the account and shop for a better card that includes some real, trick free, bonus signup miles.
Shop carefully.

The wording of their contract 1 mile per dollar on regular purchases is NOT correct. It is like 1 reward point per dollar on regular purchases. I requested to fly with a distance around 7,000 miles round trip. Asiana Airlines representative said it will use 85,000 miles; and if I want to fly during the holiday season it might go up to 160,000 miles. Check with other credit card provider they are more upfront about their reward program.

I fly Asiana Airlines a lot, thanks for the review on how this program works.