- Centurion Member
- Posts: 339
- Joined: Fri May 11, 2012 4:08 pm
- Location: Atlantic City, NJ
The $149 annual fee (which isn't waived the first year) seems really steep on the premium version, considering the payoff. The point system isn't that great with one point per dollar on anything except Virgin Airlines purchases, which net 3. Without a year of no annual fee on the premium, its kind of crappy that they still make you hit a spending target, although low, to get the sign up bonus of 15k points. Unless you fly Virgin Airlines every couple months or so, and are really milking the yearly $150 discount companion ticket offered, the premium version isn't worth it. It's $150 OFF the companion ticket price by the way, not a flat rate of $150 for the price. Which negates the annual fee, but some other airline cards offer a companion ticket for a flat rate which amounts to less cost for the customer.
The non premium (black and pink colored) card is marginally a better deal. The annual fee is $49 even though it is also not waived he first year. For hitting the same $1000 spend target, they give you 10k points which the site says is equivalent to $200 airfare. This cancels out with the annual fee for four years, as opposed to the premium version's signup bonus which only cancels out the fee for two. So the annual fee vs. bonus ratio works out better on the non-premium version, and both have the exact same $150 discount off one companion ticket yearly. Other than a few less tangible perks regarding the accumulaton of status points and less hassle for cancellation, the premium version seems like a suckers' bet.
I don't personally think they're all that great, although if I was gonna apply it would definitely be the non-premium version. There are other far more lucrative airline and travel cards with less of an annual fee and better bonuses.
Now she's eyeless.
The snakes she held once
Eat up her hands.