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All credit card offers in this post have expired, but they might come back. If they do they will appear –> Click here for the top current credit card sign up bonuses.

The US Airways® Premier World MasterCard® is now offering 50,000 bonus miles after first purchase and the payment of an $89 annual fee. This is the best offer I’ve ever seen on the card, and by far the easiest 50,000 point sign up bonus to earn.

Most Valuable Miles

I consider US Airways miles to be the most valuable airline miles because the US Airways award chart is so cheap, and the routing rules are so lax. From the post “Comparison of United, Delta, US Airways, and American Airlines Latest Award Charts,” here is a comparison of roundtrip Business Class award prices from the United States.

The consistent blue numbers in the US Airways column explain why I value the miles more highly than United, Delta, and American miles.

If you have a chance to use the US Airways miles in the next few months, you can take advantage of these amazing prices. If you don’t, US Airways miles will be converted to American Airlines miles on a 1:1 basis between April and June 2015.

Many people are getting The US Airways® Premier World MasterCard® and the miles in anticipation of the miles becoming American Airlines miles, trying to create a large balance of American miles.

American Airlines has the second best chart in my opinion, behind only US Airways, and American Airlines has committed to NOT devaluing its chart in 2015 at the time of integration with US Airways miles.

Amazing Partners

US Airways miles can be used on any oneworld alliance member.

My favorite uses would be for premium cabins on Cathay Pacific, Qatar, and Qantas.

In addition, US Airways miles can be redeemed for flights on:

• Aegean (Greece)
• Air China
• Hawaiian Airlines
• Jet Airways (India)
• Shenzhen Airlines (China)
• South African Airways
• TAP Portugal

Here are all the places you can go with the sign up bonus.

10% Back on Redeemed Miles and Other Benefits

The card comes with the following benefits now:

• Receive one companion certificate for up to two guests to travel with you on US Airways operated flights at $99 each, plus taxes and fees
• Take advantage of priority boarding Zone 2 on US Airways operated flights
• Relax with a complimentary Club day pass
• NEW! 25% in-flight savings on food, beverages & headset purchases on US Airways and American Airlines

In the Second Quarter 2015, the following benefits will be added, to match current benefits on the Citi® / AAdvantage® Platinum Select® MasterCard®:

• $100 flight discount on your account anniversary each year when you spend $30,000 on purchases
• Also receive 10% of your redeemed miles back, up to 10,000 annually.

That 10% of redeemed miles up to 10,000 miles back annually is a huge benefit that I take advantage of.

Unlike past versions of this card, I do not see anywhere mentioned that it comes with a 5,000 mile discount on awards entirely flown on US Airways planes. That’s a shame to lose, but the 10% of redeemed miles back is probably better.

Can You Get This Card?

This card is separate from, and even offered by a separate bank as, the Citi® / AAdvantage® Platinum Select® MasterCard®. 

Whether you have an American Airlines card is irrelevant to whether you can get The US Airways® Premier World MasterCard®. Many people have gotten both, even on the same day.

If you have had The US Airways® Premier World MasterCard®, you may be able to apply again and get the bonus again. My friend got three bonuses recently.

People tend to have more success if they don’t currently have a US Airways card open when they apply for a new one.

Share your application experiences in the comments.

Don’t Get This Card

Don’t get this card to go to Africa (unless South Africa AND you plan to book in the next few months.)

Oneworld alliance is very weak to Africa, but strong to Asia, Latin America, and Europe.

If you can use the miles in the next few months as US Airways miles, you can find space on South African Airways flights to Southern Africa, so that’s an exception to the general rule not to get these miles if you want to go to Africa.

What Will Happen to This Card Next Year?

When the US Airways Dividend Miles program ends and your miles become American Airlines miles, this card will begin to earn American Airlines miles.

Bottom Line

I’ve never seen such a large publicly available offer on The US Airways® Premier World MasterCard®. Right now you can earn 50,000 bonus miles after first purchase!

All credit card offers in this post have expired, but they might come back. If they do they will appear –> Click here for the top current credit card sign up bonuses.