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What is the Butterfield / AAdvantage® MasterCard®?
The Butterfield / AAdvantage® MasterCard® is an exciting new product offered exclusively by Butterfield Bank beginning in July 2004. Customers can use the Butterfield / AAdvantage® MasterCard® to earn American Airlines AAdvantage® miles at the rate of one American Airlines AAdvantage® mile per dollar in purchases billed to the card.
Why should I apply for the Butterfield / AAdvantage® MasterCard®?
If you like to travel, this is the credit card for you. You can use your Butterfield / AAdvantage® MasterCard® to earn miles redeemable on American Airlines® , oneworldTM member airlines and other AAdvantage® partners. You’ll be rewarded with American Airlines AAdvantage® miles each time you use the card, so your everyday purchases can get you closer to your dream vacation.
How do I apply?
You can apply for the card at any Butterfield Bank branch, online at www.butterfieldbank.com (print and fax the application) or by mail.
Which card (Standard, Gold or Platinum) should I apply for?
Review the features and eligibility guidelines for each of the cards and choose the most appropriate one for you. All three give you the opportunity to earn American Airlines AAdvantage® miles at the rate of one American Airlines AAdvantage® mile award for each US or Bermuda dollar of billed purchases made on your account.
| |
Platinum |
Gold |
Standard
|
| Primary Card Fee |
$120 |
$90 |
$60
|
| Supplementary Fee |
$60 |
$45 |
$30 |
| Minimum Income |
$75,000 |
$40,000 |
No minimum |
| Limits |
$10,000 - $100,000 |
$5,000 - $25,000 |
$1,000 - $5,000 |
MasterRental
Car Rental CDW
Insurance Coverage |
up to $75,000 world-wide coverage up to 31 days |
up to $50,000 coverage up to 15 days in USA, Canada and Puerto Rico |
No |
MasterTravel
Travel Insurance |
$500,000 |
$250,000 |
$75,000 |
| Concierge Service |
Yes |
No |
No |
| MasterAssist Emergency Assistance |
Yes |
Yes |
No |
| MasterAssist PLUS Medical Expense Reimbursement |
Yes |
No |
No |
| Life/Disability Insurance |
Free |
$0.47/$100 per month |
$0.47/$100 per month |
| *Bonus Miles upon Credit Approval |
3,000 |
2,000 |
1,000 |
How do I earn miles?
You will automatically earn one American Airlines AAdvantage® mile award for each US or Bermuda dollar of billed purchases made on your account. American Airlines AAdvantage® miles are not awarded for cash advances, balance transfers, finance charges or fees.
When you are travelling, charge your flight and other eligible expenses to your credit card to “double dip”, earning additional miles for American Airlines® flights and transactions at AA partners. In addition to earning miles by using the card, you can earn reward miles for your flights on American Airlines®, hotel stays and car rentals. Visit www.aa.com for a list of partners.
Here’s an example of what you might earn with a weekend trip to New York:
| |
Estimated Cost |
Butterfield / AAdvantage® MasterCard®
Rewards
(one American Airlines AAdvantage® mile per $1 spent)
|
AAdvantage Programme
Rewards
(American Airlines AAdvantage® miles earned for flights and purchases at AA partners)
|
| Flight : |
$525 |
525 miles |
762 miles (each way) |
| Hotel: |
$400 |
400 miles |
500 miles |
| Car rental: |
$150 |
150 miles |
500 miles |
| Meals, shopping & entertainment: |
$600 |
600 miles |
|
Total: 4,199 miles
(All miles are based on estimated cost and/or examples of partner rewards)
When you are at home, you can earn miles on purchases such as groceries, clothing, restaurant meals, many dentist’s or doctor’s fees, gifts, online shopping and other expenses. Monthly expenditures will add up quickly and get you well on your way to redeeming travel rewards.
Where can I use the card?
You can use the Butterfield / AAdvantage® MasterCard® card in Bermuda or abroad, anywhere MasterCard is accepted.
I'd like to request a particular limit for the card. How do I indicate this amount?
You will automatically be given a credit limit when your application is approved. This limit will be the maximum amount that you qualify for, based on the information provided/available.
Do I pay the Butterfield / AAdvantage® MasterCard® credit card bill in Bermuda or US Dollars?
You can choose which currency you would like to use. If you have a source of US funds, it makes sense to pay in USD because you will not pay any FCPT or foreign exchange fees on purchases in USD.
If you pay in Bermuda dollars, the FCPT and foreign exchange charges will be included in your balance. However, any purchases made in Bermuda dollars will not incur these fees.
How are the foreign exchange and FCPT charges calculated and billed?
If you elected to make your credit card payment in Bermuda Dollars, the Bank will automatically charge FCPT (Foreign Currency Purchase Tax) and/or FX (Foreign Exchange) on any applicable purchases. Bermuda Dollar transactions are not subject to FCPT or FX. All FCPT and/or FX will be reflected on your current month’s statement for purchases made up until and including the 21st of each month (this may vary if the 21st should fall on a weekend or public holiday). One transaction will be posted for the total amount of FCPT owing and one transaction will be posted for the total amount of FX due. The total FCPT and FX charges will be included in the statement balance.
How can I find out how many miles I have?
You can check your updated balance on the American Airlines® web site at www.aa.com.
When will my miles be reported to American Airlines®?
Miles earned on your card are reported to American Airlines® each billing cycle. You should allow approximately four weeks after you receive your monthly statement for miles to post to your AAdvantage® account.
How many miles do I need to redeem a flight?
You can travel from Bermuda to any city in North America for as little as 25,000 miles (off-peak dates). Further details are available at www.aa.com.
How do I redeem miles?
Reward travel can be booked on www.aa.com or by calling 293-1420. Full details will be provided on the American Airlines® web site and/or in AAdvantage® communication to members.
Can I earn and redeem miles on other airlines?
Yes. You can earn miles each time you purchase eligible fare tickets and fly on American Airlines®, American Eagle®, AmericanConnection®, and members of the oneworld TM alliance. For complete details visit www.aa.com.
Can I use this card for business expenses?
No. This card is for personal use only.
Do I need an AAdvantage account before I apply for the card?
No. If you don’t have an AAdvantage account, we will arrange to have one set up for you. If you do have an account, please provide the number when you apply for your card. Please note that the primary cardholder’s name must be the same as the name of the AAdvantage account holder.
Can supplementary cardholders earn miles to their own AAdvantage accounts?
No. Supplementary cardholders will earn miles only for the primary cardholder's AAdvantage account. If two family members wish to earn miles to their own AAdvantage accounts, they must apply and be approved for two separate credit card accounts.
Can I convert my other credit card balances to the Butterfield / AAdvantage® MasterCard®?
Yes. It’s a good idea to consolidate your credit card accounts and transfer your balance(s) to the Butterfield / AAdvantage® MasterCard®. If your accounts are in good standing you will be eligible for the combined limit of your ButterfieldCard credit cards without going through the credit approval process. (American Airlines AAdvantage® miles are not awarded for balance transfers, finance charges or fees.)
What are the rates and fees for the Butterfield / AAdvantage® MasterCard®?
The rates and fees for each card are outlined on our web siteat www.butterfieldbank-aadvantage.com/home.html.
What if I have further questions about the Butterfield / AAdvantage® MasterCard®?
You can find all the product details on our web site at
www.butterfieldbank-aadvantage.com. Our Customer Call Centre can answer specific queries about your account, such as balances and transaction details. Call (441) 299-3800.
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