I was recently on an American Airlines flight when the flight attendants announced an offer: Apply for an AAdvantage credit card and receive 60,000 air miles.
Almost nobody on the flight took them up on this offer (who needs another credit card right?). However, 60,000 miles is enough for a main cabin round trip ticket for two people pretty much anywhere in the US. That’s the equivalent of someone offering you about $1,000.
So most folks can’t spend a couple minutes (while flying no less) to apply and get a free $1,000? I found that rather interesting. Do they plan to never fly again?
I understand the arguments against in that it may hurt your credit, you don’t need the card, etc. However, the fact remains that this is simply free money for a temporary couple point reduction on a credit report. I couldn’t sign up fast enough and after I use the miles, I will simply cancel the card (it’s a high interest rate with an annual fee and there are better miles cards out there).
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