Air France-KLM and Bank of America launched the Air France KLM World Elite Mastercard in 2018. It is the first and only Air France-KLM co-branded credit card available in North America. The Bank of America Air France KLM card allows customers to earn Miles and XP (Experience Points), the reward currency for Air France-KLM’s Flying Blue Loyalty Program. Now the card has the highest ever bonus available, with 70,000 miles, 100 XP and even an additional $100 credit. Check out the details of this offer below.
You can find the public offer here. But there’s also an offer that gets you an additional $100 statement credit as part of the signup bonus. You can find this offer by doing a dummy booking with Air France.
Direct link to Application Page
Bank of America has a 2/3/4 rule. You are limited to two cards in the last two months, three cards in the last 12 months, and four cards in the last 24 months.
It’s possible that they merge multiple applications in the same day into just one hard pull.
Air France miles are valuable for some people and offer several redemption options. I would value them at about 1.2 cent each. So the signup bonus of 70,000 miles and $100 credit would be worth about $940 if you want to put a cash value to it. The card has a $89 annual fee which is not waived the first year. That knocks down that signup bonus to about $850.
Bank of America Air France KLM card could be a better fit for those who really want to earn more Air France miles and especially Experience Points to go after Flying Blue Status. You get 100 XP when you sign up through this offer, plus 20 XP every year on the account anniversary. You will earn 40XP if you spend $15K for the year.