I get lounge access with my frequent flyer card, the free flights benefit is of no use (and you need to spend €5,000 to unlock it), the Avios earning on spend is laughable and the card is just plan out and out expensive. That welcome offer of 5,000 Avios sweetens the pot, as previously there was nothing given to you for joining. Whether the Aer Credit Card is for you or not depends on your circumstances. Doing it this way with the credit card saves you €47.04 on the direct cost, with all the pain of applying for a card and so on. You can buy Aer Lingus Avios and at the moment 5,000 Avios will cost you €109. However, there is one potential fly in the ointment. That’s a good rate, when you consider that earning 2,500 Avios on a business class airline ticket with BA will set you back at least €240. You would also get a paltry 1 Avios for every €4 spent, so you get another 250 Avios as well for making your €1,000 spend, unless that was with Aer Lingus where you get 1 for 1. The headline benefit – hard to get with that spend and arguably not worth it as you still have to pay taxes and charges! That would be the minimum you’d get away with and you’d also have the other benefits to use as well during that time. You also pay the €30 Government Stamp Duty, so the total is €61.96, assuming you’re only opening it for the offer. Running the numbers shows that if you were to join on 1 February, you’d pay the €7.99 monthly fee that day, 1 March, 1 April and 1 May, which is €31.96. Checking the Terms & Conditions shows it’s cancellable at any time, and I couldn’t find any penalties for doing so. The bonus Avios are going to be awarded before 30 June 2022, so let’s assume you will need to keep the card open at least that long. I had a bit of a look at this offer and it’s actually fine enough. It’s actually the most expensive card Bank of Ireland offer according to their Schedule of Fees. If you always clear your balance each month, this is no big deal, but if you carry a balance it certainly will make a big difference. ![]() It also has a much lower interest rate of 9.11% and an APR of 13.8% versus the Aer Credit Card which has a 16.12% interest rate and a 26.6% APR. ![]() I found it expensive as I have an AIB Click Visa card, which has no monthly or annual fee (outside of the €30 Government Stamp Duty that everyone pays). You could almost think you’re flying, looking at this.
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