Review: Spirit Airlines Credit Card

spirit-airlines-credit-cardSpirit Airlines, in partnership with Bank of America, offers a credit card that allows you to earn miles toward future Spirit Airlines flights. Our overview / review of the Spirit Airlines credit card is below:

The Spirit Airlines World Mastercard offers you 2 Free Spirit miles for every dollar you spend with the card. You don’t get more points on Spirit Airlines purchases — it’s 2 miles per dollar across the board on all purchases. You can redeem your miles for flights starting at as little as 2,500 points for a one-way ticket or as little as 5000 miles for a round-trip ticket. (The 5,000-point trips are for off-peak flights. See this mileage chart to understand how miles can be redeemed.) These 5,000-mile flights are exclusive to Spirit Airlines Mastercard customers.

In addition to the points you’ll earn every day by using the card, you have the opportunity for two big bonuses as a new cardholder: you’ll get a 15,000-mile bonus (good for up to 3 free flights) just for using the card for the first time, than another 15,000 bonus miles if you spend at least $500 with the card in the first 3 months of having it.

There is an annual fee of $59 for the World Mastercard, though that fee is waived for the first year you have the card. The card’s interest rate could be as low as 16.99% but as high as 24.99% depending on your credit history — don’t ever carry a balance on the card or the interest you pay will essentially cancel out part or all of the rewards you earn!

Overall, a good credit card for those who want to score free flights and are OK with the tradeoffs inherent to an ultra-low-cost carrier like Spirit.

To apply for the Spirit Airlines World MasterCard, use this online application.