Yes, British Airways has a credit card in Sweden. Whether you will want it after December is another question.
I wrote recently about the drastic cuts that Tesco is making to the Clubcard earning rate on the Tesco Mastercard. This is because of the upcoming EU imposed cap on credit card fees charged to retailers.
This is the BA card issued in Sweden (click for details). It is run by EnterCard and is a Visa, so impacted by the new EU rules.
This is the historic benefits package:
Earn 1 Avios per 10 SEK (80p) charged to the card
Earn a 2-4-1 voucher for spending 200,000 SEK per year (£16,000)
This is the new benefits package which takes effect on 8th December for current cardholders and already applies to new applicants:
Earn 1 Avios per 20 SEK (£1.60) charged to the card
Earn a 2-4-1 voucher for spending 500,000 SEK (£40,000)
Yes, £40,000 per year to generate the 2-4-1 voucher.
Oh, and I forgot to mention the annual fee of SEK 395 (£32).
If you live in Germany, it is even worse. It was announced this week that the British Airways credit card there is to be closed down in December. Existing customers will stop earning Avios and the card will become a ‘no benefits’ card instead.
Welcome to the new credit card landscape in the EU, at least for Visa and Mastercard products. Amex remain exempt although it will be under serious competitive pressure – how do you respond when your (cheaper) competitor cuts its price by 2/3rd?
Want to earn more points from credit cards? – June 2022 update
If you are looking to apply for a new credit or charge card, here are our top recommendations based on the current sign-up bonuses.
In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards.
Until 18th July 2022 there is an astonishing special offer on these cards. You get 50,000 Avios on the Avios Plus Mastercard and 10,000 Avios on the free Avios Mastercard. You can apply here. We strongly recommend getting the Avios Plus card whilst this offer is running.
You qualify for the bonus on these cards even if you have a British Airways American Express card:
You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.
SPECIAL OFFER: The sign-up bonus on Amex Gold is increased from 20,000 Membership Rewards points to 30,000 Membership Rewards points until 19th July 2022. This card is free for the first year.
British Airways American Express Premium Plus
25,000 Avios and the UK’s most valuable card perk – the 2-4-1 voucher Read our full review
American Express Preferred Rewards Gold
Your best beginner’s card – 30,000 points, FREE for a year & two airport lounge passes Read our full review
The Platinum Card from American Express
30,000 points and an unbeatable set of travel benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 points bonus and 1.5 points for every £1 you spend Read our full review
Earning miles and points from small business cards
If you are a sole trader or run a small company, you may also want to check out these offers:
American Express Business Platinum
40,000 points sign-up bonus and a long list of travel benefits Read our full review
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
British Airways Accelerating Business American Express
30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review
Capital On Tap Business Rewards Visa
10,500 points bonus – the most generous Avios Visa for a limited company Read our full review
For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending.