Barclays Arrival Premier World Elite MastercardHave you ever wished your credit card offered a bonus for your loyalty? Your wish has become a reality with the Barclays Arrival Premier World Elite Mastercard. That’s because this card allows you to earn 75,000 miles (worth $750 in travel) by spending $25,000 each year you have the card — yes, you can earn 75,000+ miles every year! In fact, it’s the only card we review that offers an annual bonus. Keep reading to learn all about this loyalty bonus, along with everything else this well-rounded credit card has to offer.

How to earn 75,000+ miles every year

Before we explain the annual bonus opportunity, we should detail the ongoing rewards, as they play a part in the bonus. The Barclays Arrival Premier World Elite Mastercard, which is available to those with excellent credit (usually considered a credit score of 750 or higher), earns an unlimited 2X miles per $1 spent on all purchases. Now that’s out of the way, let’s dig into the bonus. You’ll earn this bonus by taking two steps: first, spend $15,000 on purchases in a year to get 15,000 bonus miles, then spend another $10,000 to get an additional 10,000 bonus miles, bringing the total to 25,000 bonus miles! Since you also earn the standard 2X miles on the $25,000 spent on purchases, this brings your total miles to 75,000 miles! 

While you may see the $25,000 spend and think, “That’s so much money to spend in a year. This bonus isn’t reachable.” it’s more achievable than you think. Let’s first break that $25,000 down into a monthly spend, which is just $2,083.33. If you use the Barclays Arrival Premier World Elite Mastercard for all of your monthly expenses at the grocery store and gas station, along with your utilities bill, your cell phone bill and more, you can easily spend $2,083.33 every month. Plus, since these are purchases you’re already budgeting for, you should be able to pay them off monthly and avoid credit card interest.

If you don’t think you can reach the $25,000 spend every year, remember that it’s broken down into two steps — spend $15,000 to get 15,000 miles, then spend $10,000 more to get another 10,000 miles. This means if you only spend $15,000 every year, which is enough to earn 15,000 bonus miles, you’ll still get a solid 45,000 miles (15,000 bonus miles plus 30,000 miles — 2X miles per $1 spent), equaling $450 in travel!

Miles earned with the Barclays Arrival Premier World Elite Mastercard hold a strong average flight and hotel value of $2.00 per $100 spent, according to our Travel Rewards Credit Card Analysis, and they can be redeemed for a travel statement (allowing you to book travel however you’d like, then redeem your miles to cover all or part of your travel purchase), a cash statement credit, merchandise and gift cards — note that miles redeemed for travel offer the best value. Cardholder also have the option to transfer their miles to Barclays’ participating travel loyalty programs (be aware that the value of these points may vary, depending on the loyal program you select).

What else does this card offer?

The Barclays Arrival Premier World Elite Mastercard has a number of added perks that will appeal to travelers. Kicking things off are no foreign transaction fees, meaning purchases made overseas won’t come with any special fees. Next, you’ll receive a $100 automatic statement credit for the cost of one Global Entry application fee every five years. On top of that, the Mastercard Airport Experiences gets you access to over 800 airport lounges worldwide. There’s a $27 per person fee, per visit, but this fee is reasonable when you consider the availability you have to these exclusive lounges. As if that isn’t enough, the Barclays Arrival Premier World Elite Mastercard provides you with access to Barclays Travel Community, connecting you with other members and their travel stories. Cardholders will also receive an updated FICO credit score every month for free. Even though all of these perks are impressive, the card does come with a hefty $150 annual fee. Is this fee worth it? Continue reading to find out.

Is the $150 annual fee worth it?

The $150 annual fee is a bit hard to swallow, but it isn’t unreasonable when you look at all of the benefits and rewards the Barclays Arrival Premier World Elite Mastercard offers. To start, the ability to earn 75,000+ miles per year — worth $750 in travel — completely covers the annual fee and leaves you with $600 in travel leftover. On top of that, the added perks of access to over 800 airport lounges worldwide, which are otherwise expensive to access (if you can at all) and the $100 Global Entry application statement credit also balance the fee out.

Those who can’t don’t intend to take advantage of the annual bonus opportunity or who can’t stand the idea of paying a higher annual fee may want to look into the Capital One Venture Rewards Credit Card, which is available to those with good to excellent credit (usually considered a credit score of 700 or higher). This card offers a standard signup bonus of 50,000 bonus miles — worth $500 in travel — when you spend $3,000 on purchases in the first 3 months of account opening and earns an unlimited 2X miles on all purchases. On top of that, the Capital One Venture Rewards Credit Card earn 10X miles on hotels booked through Hotels.com/Venture from now through Jan. 31, 2020. The card charges a $95 annual fee that’s waived for the first year. It also has no foreign transaction fees and a number of added perks, including complimentary concierge service, roadside assistance, travel and emergency service and more.

Should I apply for the Barclays Arrival Premier World Elite Mastercard?

The Barclays Arrival Premier World Elite Mastercard is the only card we review with an annual bonus opportunity. We think it’s a solid option for anyone who wants to stay loyal to their credit card and get rewarded for it. While the annual fee is a bit high and it’s only available to those with excellent credit, it’s still one well-rounded travel rewards credit card. Overall, the Barclays Arrival Premier World Elite Mastercard is a solid addition to any traveler’s wallet.

Visit our Barclays Arrival Premier World Elite Mastercard review to learn more about the card and apply online. Is you want to see how it compares to other cards on the market, visit our reviews of the best travel credit cards.

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 content was accurate at the time of this post, but card terms and conditions may change at any time. This site may be compensated through the credit card issuer Affiliate Program.