New cardholders currently get 75,000 Avios after spending $5,000 in the first 3 months – worth roughly $1,447 when redeemed for British Airways airfare. The bonus should post to your account within 6 to 8 weeks after you meet the spending requirement.

The value of 75,000 Avios depends heavily on how they are redeemed, but they are generally valued at approximately 1.2 to 1.5 cents per point, making the stash worth between $900 and $1,125. For high-value redemptions, such as booking a one-way Business Class (Club World) flight between the U.S. East Coast and London, 75,000 Avios could cover the majority of the points cost, potentially providing a value of over $2,000 if compared to cash prices. However, if used for "Economy" flights or for "Part Payment" on a cash booking, the value might drop closer to 0.8 or 1.0 cents per point ($600–$750). To get the maximum "bang for your buck," savvy travelers use Avios for "Reward Flight Savers" in Europe or for short-haul partner flights on American Airlines or Alaska Airlines, where 75,000 points could potentially cover 5 to 10 short-distance round-trip flights.