Bank of American currently offers a Spirit Airlines credit card. The card has a $59 annual fee and offers a few benefits for that fee. However, if we’re being honest, it’s a little lazy of a card. It doesn’t offer any sort of incentive to actually use the card at Spirit; it just gives you 2x points everywhere. There is an incentive of anniversary points, but that only comes after spending $10,000 within a year. And why would you do that, it the card isn’t that rewarding?
Bank of America has sent out some surveys in regards to two different options for the Spirit card. It’s possible we may get both, or neither of them. There is an annual fee of $0 option, and a $79 fee option.
No Annual Fee:
- Sign Up Bonus: 10,000 points after spending $500 within the first 3 months,
- Rewards: 2x on Spirit, 1x Everywhere Else
- Other Benefits:
- Priority Boarding
- 25% rebate on inflight food and drinks
- 5,000 anniversary points after spending $10,000 within a year
$79 Annual Fee
- Sign Up Bonus: 40,000 points and $100 companion flight voucher after spending $1,000 within the first 3 months
- Rewards: 3x on Spirit, 2x: dining and grocery, 1x: everywhere else
- Other benefits:
- $100 annual companion flight voucher each anniversary after $10,000 spend
- Priority Boarding
- 25% rebate on inflight drinks and food
- Tier 1 loyalty status if spending $20,000 within a year, Tier 2 if spending $50,000 within a year
I actually think Spirit is on the right direct with these cards. My biggest complaint with the current Spirit card is that people are not incentivized at all to spend on Spirit; they aren’t getting rewarded for it! The annual fee card isn’t bad. If you spend some money on the $79 annual fee card, it could very well be worth it. If you no longer get value from the annual fee card, you could always down grade.
Of course, that is if we see both of these offers being released. It’s possible that either nothing changes, or we get just one of these cards. Who knows? I’d love to see both of Hesse going live though.
What do you think about these potential new cards? Let us know down in the comment section below!