Analysis of Chase British Airways 100k Miles Promotion

                Today (9/17/2015) Chase re-launched a promotion they do every year or so on their British Airways card. Normally this card earns 50,000 Avios after $2k spend and the first year's $95 fee is waived. However, right now they are offering 50k/75k/100k Avios if you spend $2k/$10k/$20k. The $95 is NOT waived for the first year. Let’s take a look and see if this deal is worth it.

Starters Guide - Churning and Manufactured Spending

To get started with this hobby, one must know the two basic principles for obtaining points/miles.

• Churning - the act of applying for credit cards to obtain sign-up bonuses (multiple times if possible)
• Manufactured Spending - the act of artificially increasing your spending by purchasing cash equivalents (gift cards) or by some other means.