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The Mexicana Airlines Visa Platinum was last reviewed on 1st July 2007.
Summary - We recommend the Mexicana® Airlines Visa® Platinum to frequent flyer members of Frecuenta Loyalty Program because
You can earn double miles when you spend on Mexicana AirlinesYou can earn unlimted milesYou recieve a $99.00 companion ticket every year, which if used, will more than offset the annual feeThe annual fee of $45.00 is very reasonable for an airline credit card that lets you earn double milesFor those looking to transfer a balance, you get a 1.9% apr for 6 months on both purchases and balance transfers
Let us take a closer look at this credit card.
Miles Formula - The Mexicana Airlines Visa Platinum lets you earn double miles when you spend with Mexicana Airlines. You earn one point for every dollar you spend on other purchase. You can earn unlimited miles. When you enroll in the Frecuenta Loyalty Program, you will get 4,000 miles. You also get one free companion ticket with your first purchase on the card.
Every year, you will get 2,000 anniversary miles. In addition, you will get a $99.00 companion ticket coupon every year. You can earn miles with Mexicana Airlines 15 partners. Mexicana Airlines miles never expire.
Fees - The annual fee is $45.00, which is very reasonable for an airline credit card that lets you earn double miles (most double miles airline credit cards charge about $75.00 to $85.00). You get a 1.9% apr for both purchases and balance transfers for six months. You do not pay a balance transfer during the introductory period. The apr ranges from prime rate plus 6.99% to 10.99% depending on your credit profile. The Mexicana Airlines Visa uses the average daily balance method (including new purchases) to calculate your balance.
Conclusions - Frequent flyers of Mexicana Airlines and members of their Frecuenta Loyalty Program will be pleased with this credit card. Firstly, you can earn double miles. Secondly, you can earn unlimited miles in one calender year. Mexicana Airlines miles do not expire. Thirdly, the annual fee of $45.00 is very reasonable and actually low for an airline card that allows you to earn double miles. The annual fee can be offset if you make use of the $99.00 companion ticket coupon that you will get every year. We highly recommend the Mexicana® Airlines Visa® Platinum.
Positives
Earn double milesEarn unlimited milesReasonable annual feeYou get a $99.00 companion ticket certificate every year (which if used, will more than offset the annual fee)Miles do not expire
| Mexicana Airlines Visa Platinum |
| Miles Formula |
| Bonus Points |
Receive 4,000 Welcome Miles when you join the Frecuenta Program
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| Miles Accumulation |
2 miles for every $1 spent on Mexicana Airlines purchases
1 mile for every $1 spent on purchases |
| Complimentary Companion Tickets/Coupons |
Receive a complimentary companion ticket after first purchase which is valid for one year. Thereafter every year, receive a $99.00 companion ticket coupon every year. |
| Caps on miles |
Earn unlimited miles |
| Perks/Notation* |
Total Security Protection® Package Mini Card
Up to $500,000 in travel accident insurance
Emergency Card and Ticket protection
Free Year End Summary statement
Purchase Guard
Purchase Protection
Auto Rental Insurance
See website for additional benefits |
| Cost/Fees/Interest rates |
| (APR) Purchase |
Intro Rate - 1.9% for six billing cycles. Goto rate is a variable risk based rate between Prime + 6.99% and P + 10.99% |
| (APR) Cash Advance |
21.99% Variable * minimum 19.99% . (P + 15.99%) |
| Finance Configuration |
Average Daily Balance (including new purchases) |
| Annual Fee |
$45.00 |
| Additional Cardholders |
$0 |
| Grace Period |
20 days (Min) |
| Late Payment fee |
Based on Account balance on the fee assessment date - $15 for balances less than or equal to $100, $29 for balances $100.01 to $250, $39 for balances greater than $250. |
| Over-the-limit fee |
Based on the highest Account balance during the Billing Cycle - $15 for balances less than or equal to $500, $29 for balances $500.01 to $1000, $39 for balances greater than $1000. |
| Cash Advance fee |
3% min $10.00 |
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