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Opinions, analyses, reviews, or recommendations expressed here are the author’s alone, and have not been reviewed or endorsed by the issuer. We may be compensated through the issuer’s Affiliate Program. For a full list of our advertisers, including American Express, see our disclosure page.

Advertiser Disclosure
Advertiser Disclosure

Advertiser Disclosure: Some of the card offers that appear on this website are from companies which ValuePenguin receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products.

Disclaimer: The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author's alone. For a full list of our advertisers, see our disclosure page.

Opinions, analyses, reviews, or recommendations expressed here are the author’s alone, and have not been reviewed or endorsed by the issuer. We may be compensated through the issuer’s Affiliate Program. For a full list of our advertisers, including American Express, see our disclosure page.

Asiana Airlines Credit Card: Strong Perks and Rewards on Flights

Image of Asiana Airlines Credit Card
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"The $100 annual rebate on Asiana Airlines Flights, along with the 10,000 mile certificate make this card a great bargain for those who travel with this airline."

Contents

We find the Asiana Airlines credit card from Bank of America to be a great deal for people who travel with the airline at least once a year. The $100 annual rebate on Asiana flights, and 10,000 Mile Certificate alone give the card an annual value of $200 - more than covering the $99 annual fee. The miles you earn through the card can be used to book travel with Asiana Airlines, or one of its many Star Alliance partners. However, if you are a frequent customer of these other airlines, you should consider their own airline credit cards, in order to enjoy speciality perks such as priority boarding and free checked baggage.

Good For… Bad For…
  • Anyone who travels at least once per year using Asiana Airlines
  • Ability to book travel with Star Alliance Partners
  • Those who don't live next to the 9 major airports in the US that Asiana operates
  • Spending overseas

Review: Is the Asiana Airlines Credit Card Worthwhile?

If you travel at least once per year with Asiana Airlines, the Asiana Airlines Credit Card is hands down the best deal you can get. Between the $100 rebate on Asiana tickets, and the 10,000 mile certificate you receive every year, the card becomes well worth its $99 annual fee. You will receive a 4.2% rewards rate on Asiana Airlines purchases (the airline serves 100+ airports worldwide), and a generous 2.8% rate on gas and grocery purchases as well.

A graph showing the number of airports with Asiana Airlines service.

The miles earned through this card can be used to book award travel with either Asiana Airlines, or one of 26 other airlines belonging to the "Star Alliance" - the largest airline alliance in the world. This can compensate for the fact that you will not be able to travel to certain destinations with Asiana alone.

U.S. Airports with Asiana Airlines Service
Chicago O'Hare International Airport John F. Kennedy International Airport San Francisco International Airport
Dallas/Fort Worth International Airport Los Angeles International Airport Seattle-Tacoma International Airport
Honolulu International Airport Miami International Airport Ted Stevens Anchorage International Airport

There are several downsides to getting this card, if you don't specifically travel with Asiana Airlines. The $100 rebate and 10,000 mile certificate can only be applied towards Asiana Airlines - not any of the Star Alliance members. Another downside of using the miles earned through this card to travel with other airlines, is that you will be missing out on interesting perks and loyalty benefits. For example, the United MileagePlus® Explorer Card offers a free checked bag for you and a travelling companion. If you sign up for the Asiana Airlines credit card, and travel on other airlines using the miles you earn, you will not have access to these types of perks.

The fact that the Asiana Airlines credit card comes with a 1% foreign transaction fee may be frustrating most cardholders. As the airline is predominantly used for travel to Asia, it is probable that you might want to use the card outside of the United States. Doing so, however, will devalue your rewards rate by 1%. While this is lower than the typical 3% foreign transaction fee, we recommend instead using a card that doesn't charge it at all (here are our favorite 'No FX' fee cards).

Bottom Line: For those who travel with Asiana Airlines at least once per year, this credit card is well worth the $99 annual fee. Even if the airline does not fly your particular route, you may be able to book a flight through one of the other 26 Star Alliance airlines. If, however, you consistently fly with other airlines (even Star Alliance) we recommend looking through card offers specifically affiliated with it.

Asiana Airlines American Express® Card from Bank of America Benefits & Features

The Asiana credit card from Bank of America earns users miles that can be used to pay for travel, seat upgrades, and baggage fees with Asiana Airlines. Cardholders earn 3 miles per $1 on Asiana Airlines purchases, 2 miles per $1 on gas and grocery purchases, and 1 mile per $1 everywhere else. We estimate a single Asiana mile to be worth around $0.014. That means the rewards rate from the Asiana credit card is anywhere between 1.4% to 4.2%.

You may not earn more than 200,000 miles within a single year. While inconvenient, this cap should not be a problem for most consumers. We calculate that unless you charge roughly more than $66,667 annually on this card, you will not come anywhere near the cap.

Image of Asiana Airlines Credit Card
Annual Fee $99
Purchase APR 14.24%
Card Details
  • Get 10,000 bonus miles after first purchase
  • 3 miles for every dollar you spend on Asiana Airlines purchases
  • 2 miles for every dollar you spend on gas and grocery store purchases
  • 1 mile for every dollar you spend on all other purchases
  • And every year, you'll get: 2 Asiana Airlines lounge invitations, A 10,000 bonus Miles certificate, A $100 automatic rebate on Asiana Airlines tickets

After you make your first purchase with the Asiana Airlines credit card, you will receive 10,000 bonus miles – a value of roughly $140. This 10,000 miles isn’t quite enough to get you a free flight with the airline, but it’s enough to get you about 30% of the way towards a free flight to parts of Latin America. For those wondering, this bonus does not count towards the 200,000 mile annual cap. After your first year, you will continue to receive a 10,000-mile certificate annually. With this benefit’s estimated value, as long as you find ways to redeem those miles, this card’s annual fee will pay for itself. The terms of service for this credit card do not indicate that this bonus certificate expires. Therefore, there is no pressing need to redeem these points in the same year they are issued.

Annual Benefits: Lounge Access, $100 Rebate on Asiana Airlines Tickets, and 10k Mile Certificate

Being an Asiana Airlines cardholder comes with a slew of loyalty benefits that more than make-up for the annual fee you pay. Firstly, every cardmember year, Asiana credit card users receive a $100 rebate towards Asiana Airline ticket purchases. This benefit will not stack year after year. That means if you don’t use the rebate one year, it doesn’t mean that you will have a $200 rebate the following year. On top of this, every year you remain a member, you will be issued a 10,000 mile certificate for Asiana Airlines - redeemable only for Asiana Airlines tickets (not any of the Star Alliance partners). Combined, these benefits come out to a $200 value annually.

Every year, you will also receive two invitations to Asiana Airlines lounges - though it's fairly restrictive. You receive access to U.S. lounges only, and there are no available statistics on how many of these lounges there are in the country, or what amenities they provide. Secondly, you may not bring a guest with you. The invitation is only valid for the cardmember.

Star Alliance

Asiana miles (aside from the annual certificate) get a large boost in utility because they can be used to book travel with any one of 26 Star Alliance airlines. The table below shows all the current alliance members.

Star Alliance Partners
Adria Airway Air New Zealand Brussels Airlines EVA Air
Aegean Airlines ANA Copa Airlines LOT Polish Airlines
Air Canada Asiana Airlines Croatia Airlines Lufthansa
Air China Austrian Airlines EGYPTAIR Scandinavian Airlines
Air India Avianca Ethiopian Airlines Shenzhen Airlines
TAP Portugal SWISS AIR South African Airways Singapore Airlines
THAI Airlines Turkish Airlines United Airlines

In addition to this, Asiana Airline miles can be used to book award travel with two partner airlines: Qatar Airways and Ethihad Airways.

How Does the Asiana Airlines Credit Card Compare to Other Credit Cards?

In order to determine the value of the Asiana Airlines Credit Card, you must know how it stacks up against other similar offers. 

Asiana Airlines Credit Card vs Chase Sapphire Preferred® Card

The Chase Sapphire Preferred® Card - one of our favorite travel credit cards - sacrifices rewards rate for flexibility. While the most you'll get out of this card is a 2.5% rewards rate (compared to the 2.8%-4.2% max on the Asiana card), you have the option to directly transfer your rewards points to other airline and hotel programs. While Asiana miles can book travel with Star Alliance partners, points earned through the Chase Sapphire Preferred® Card can be transferred to airlines that belong to all 3 major airline alliances - Star Alliance, SkyTeam, and Oneworld. On top of that, you also have the ability to use the points to book hotel stays with brands such as Hilton and IHG. If this breadth of options appeals to you over raw value, we strongly recommend the Chase Sapphire Preferred® Card.

Asiana Airlines Card vs Korean Air SKYPASS Visa Signature Credit Card

Korean Air, the other major airline of South Korea, also has its own brand of credit cards called SKYPASS; the Korean Air SKYPASS Visa Signature Credit Card is its flagship product. While the Korean Air credit card doesn't offer rewards rates quite as good as that of the Asiana Airlines Credit Card, its affiliated airline does fly to more locations and airports. This greater number of airports, however, is where the advantages of the Korean Air SKYPASS Visa Signature Credit Card program end. The Korean Air credit card doesn't offer any good long-term rewards that make paying its $80 annual fee worthwhile.

A graph showing the difference between the number of airports serviced by Korean Air vs Asiana Airlines

If you find that an airport you want to fly to is not serviced by Asiana Airlines, you may always fall back on flying through one of the other Star Alliance airlines.

Comparison Tool

If you are still not convinced how the Asiana Airlines credit card fits into your budget, or how it can compare against other card offers, you may utilize our tool below to get a customized answer. By entering your monthly budget, our tool calculates the estimated annual rewards you can expect out of the card's listed - allowing you to compare across different options for your specific case.

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Card Annual Fee 2-yr Net Rewards Rate

The Net Rewards Rate is equal to the Rewards Value over two years divided by the total spending. The total spending is equal to the values entered into the tool and multiplied by 24 months. See the Rewards Value note to see details on how it is calculated.

The estimates here are ValuePenguin's alone. They are not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Bonus Value

The bonus field shows our estimate for the value of the card’s sign-up bonus. If the bonus is point or mile based, we multiply the total bonus points/miles by our estimate for their value to arrive at a dollar equivalent. We display $0 if there is no bonus or if the user doesn’t qualify for the bonus based on the current spending entered into the tool.

The estimates here are ValuePenguin's alone. They are not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

2-yr Rewards Value

The Rewards Value is calculated by adding together the rewards earned from charging purchases to the card over two years and any sign-up bonuses (if applicable). They are then multiplied by our estimated point/mile value, with any annual fees (if applicable) subtracted. All values are based on our own estimates for the dollar value of any points, miles or bonuses earned using a card.

The estimates here are ValuePenguin's alone. They are not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Chase Sapphire Preferred® Card
Introductory Annual Fee of $0 the first year, then $95 2.86%
$625
50,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening
$1,028
Graph Card Read Review More Details
Annual Fee Introductory Annual Fee of $0 the first year, then $95
APR 16.99% - 23.99% Variable

Card Details

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards

Estimated Rewards Through 24 Months

Card Rewards Estimated Rewards Value Dollars*
Spending Rewards 39,840 x $0.013 = $498
Bonuses
50,000 x $0.013 = $625
Less Annual Fees -$95
Total Net Estimated Rewards Through 24 Months 1,028
Barclaycard Arrival Plus® World Elite Mastercard®
$89 - Waived first year 2.92%
$420
Earn 40,000 bonus miles after you spend $3,000 on purchases in the first 90 days - that's enough to redeem for a $400 travel statement credit
$1,052
Graph Card Read Review More Details
Annual Fee $89 - Waived first year
APR 16.99%, 20.99% or 23.99% Variable

Card Details

  • Enjoy 40,000 bonus miles after you spend $3,000 on purchases in the first 90 days - that's enough to redeem for a $400 travel statement credit toward an eligible travel purchase
  • Earn 2X miles on all purchases
  • Get 5% miles back to use toward your next redemption, every time you redeem
  • Miles don't expire as long as your account is open, active and in good standing
  • No foreign transaction fees on purchases made while traveling abroad
  • 0% introductory APR for 12 months on Balance Transfers made within 45 days of account opening. After that, a variable APR will apply, 16.99%, 20.99% or 23.99%, based on your creditworthiness.
  • There is a fee for balance transfers.

Estimated Rewards Through 24 Months

Card Rewards Estimated Rewards Value Dollars*
Spending Rewards 68,640 x $0.011 = $721
Bonuses
40,000 x $0.011 = $420
Less Annual Fees -$89
Total Net Estimated Rewards Through 24 Months 1,052
Capital One® Quicksilver® Cash Rewards Credit Card
$0 1.85%
$150
Get $150 bonus after spending $500 within the first 3 months
$665
Graph Card Read Review More Details
Annual Fee $0
APR 13.99% - 23.99% (Variable)

Card Details

  • One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase, every day
  • Use your Quicksilver card and get 50% back as a statement credit on your monthly Spotify Premium subscription, now through April 2018
  • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases for 9 months; 13.99%-23.99% variable APR after that
  • Balance transfers also have a 0% intro APR for 9 months; 13.99%-23.99% variable APR after that; a 3% fee applies to each balance transferred
  • Pay no annual fee or foreign transaction fees

Note: The information in this box was provided by Capital One® and is not part of our independent analysis.

Estimated Rewards Through 24 Months

Card Rewards Estimated Rewards Value Dollars*
Spending Rewards 515 x $1 = $515
Bonuses
0 x $1 = $150
Total Net Estimated Rewards Through 24 Months 665
Asiana Airlines Credit Card
$99 1.67%
$140
Get 10,000 bonus miles after first purchase
$601
Graph Card Read Review More Details
Annual Fee $99
APR 14.24%

Card Details

  • Get 10,000 bonus miles after first purchase
  • 3 miles for every dollar you spend on Asiana Airlines purchases
  • 2 miles for every dollar you spend on gas and grocery store purchases
  • 1 mile for every dollar you spend on all other purchases
  • And every year, you'll get: 2 Asiana Airlines lounge invitations, A 10,000 bonus Miles certificate, A $100 automatic rebate on Asiana Airlines tickets

Estimated Rewards Through 24 Months

Card Rewards Estimated Rewards Value Dollars*
Spending Rewards 47,040 x $0.014 = $659
Bonuses
10,000 x $0.014 = $140
Less Annual Fees -$198
Total Net Estimated Rewards Through 24 Months 601
Korean Air SKYPASS Visa Signature Credit Card
$80 0.93%
$150
15,000 SKYPASS Bonus Miles after first purchase
$333
Graph Card Read Review More Details
Annual Fee $80
APR 12.99% - 19.99% Variable

Card Details

  • 15,000 SKYPASS Bonus Miles after first purchase
  • 1 mile for every $1 spent in purchases
  • Double Miles on Korean Air ticket purchases
  • Redeem miles for reward travel and upgrades on Korean Air and SkyTeam partners
  • SKYPASS Visa card purchases help you reach and maintain Morning Calm Club Membership
  • No foreign transaction fee
  • Travel & Emergency Assistance Services
  • $1,000,000 in Travel Accident Insurance
  • EVM chip technology for added security abroad
  • Free monthly credit score reporting

Estimated Rewards Through 24 Months

Card Rewards Estimated Rewards Value Dollars*
Spending Rewards 34,320 x $0.01 = $343
Bonuses
15,000 x $0.01 = $150
Less Annual Fees -$160
Total Net Estimated Rewards Through 24 Months 333

Comments and Questions

* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Now" button, you can review the credit card terms and conditions on the issuer's website.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program. 

These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

How We Calculate Rewards: ValuePenguin calculates the value of rewards by estimating the dollar value of any points, miles or bonuses earned using the card less any associated annual fees. These estimates here are ValuePenguin's alone, not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Advertiser Disclosure: Some of the offers that appear on this website are from companies which ValuePenguin receives compensation. This compensation may impact how and where offers appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products. For more information please see our Advertiser Disclosure.