Update: 35K Offer Has Expired; Best Offer is the 40K The US Airways® Premier World MasterCard® although annual fee is *not* waived.
The best US Airways MasterCard offer until today was the Chairman's Preferred offer, which anyone was able to apply for (not just Chairman's Preferred Members) offered 40,000 Dividend Miles after first purchase, the $89 annual fee was waived, and you were eligible for the points whether you qualified for the Premier or Platinum version of the card.
Unfortunately that offer expired today, and now the best offer is for The US Airways® Premier World MasterCard® 40,000 Dividend Miles, with the $89 annual fee not waived. With this offer, you may get approved for either the Premier World MasterCard, with 40,000 bonus miles after first use, or for the regular World MasterCard, which only earns 15,000 bonus miles after first use.
What hasn't been mentioned apart from in Flyertalk is that there's also a 35,000 Dividend Miles offer that still waives the annual fee. And fortunately the 35,000 miles are stated in the terms, even though there's no landing page:
Now, the 40,000 affiliate offer may be good if you really need the extra 10,000 miles and don't mind paying the annual fee, but personally I prefer the first year annual fee waived 35,000 miles offer (see the updated link on our Best Travel Credit Cards page).
The extra 5000 miles of the 40,000 offer cost you $89, so 1.8 cents per mile, about the same as the targeted US Airways Buy Miles with 100 Percent Bonus, but over 3x more expensive than my current half a cent per AAdvantage mile that I earn via BankDirect.
Which offer do you think is better for you, the 40,000 miles with the annual fee not waived, or the 35,000 miles offer with annual fee waived?
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Disclaimer: Note that some cards in this post offer credit to me if you’re approved using my links. The opinions, analyses, and evaluations are mine. This content is not provided or commissioned by Chase, Barclays, American Express, Citibank, US Bank, Bank of America, or any other company. They have not reviewed, approved or endorsed any of my articles.