Spirit Airlines World Mastercard review | finder.com

Spirit Airlines World Mastercard® review

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Spirit Airlines World Mastercard®

Select travelers may find an attractive rewards program.

30-second take

  • Get this card if you often book off-peak Spirit flights.
  • Pick something else if you plan on booking standard Spirit flights.
  • Apply with a good to excellent credit score of 670 or higher.
Product NameSpirit Airlines World Mastercard®
Card TypeMastercard
Annual Fee$0 intro annual fee for the first year ($59 thereafter)
APR (Annual Percentage Rate) for Purchases17.24% to 25.24% variable
Introductory Purchase APR

N/A

Balance Transfer APR17.24% to 25.24% variable
Introductory Balance Transfer APR

N/A

Balance Transfer Fee$10 or 3% of the transaction, whichever is greater
Cash Advance Rate20.24% to 27.24% variable
Foreign Transaction FeeNone
Cash Advance Fee$10 or 5% of the cash advance amount, whichever is greater
Interest Free PeriodUp to 25 days
Late Payment FeeUp to $38
Returned Payment FeeUp to $27
Additional Cardholder Fee$0
Minimum Age18 years of age
Welcome Offer15,000 bonus miles after your first purchase. Earn another 15,000 bonus miles after making at least in purchases within days of account opening.
RewardsEarn double miles on your everyday purchases - that's 2 miles for every dollar spent.
Base Rewards2x miles
Rewards Points Expirymiles expire if your account is inactive for three months

The basics

If you’re thinking about the Spirit Airlines World Mastercard®, consider whether you’ll wait for Spirit’s off-peak fares.

There are a few off-peak periods every year, each one typically lasting about a month. During these times, you might find Spirit flights for as low as 5,000 miles round-trip. These fares are only available to Spirit Airlines World Mastercard® members.

Another airline credit card

Gold Delta SkyMiles® Credit Card from American Express

  • Limited time offer: Earn 60,000 bonus miles after spending $2,000 in purchases on your new card in your first 3 months and a $50 statement credit after you make a Delta purchase with your new card within your first 3 months.
  • Earn 2 miles for every dollar spent on eligible purchases made directly with Delta. Earn 1 mile for every eligible dollar spent on purchases.
  • Check your first bag free on Delta flights - that's a savings of up to $240 per round trip for a family of four.
  • Settle into your seat sooner with Main Cabin 1 Priority Boarding.
  • Enjoy a $0 introductory annual fee for the first year, then $95.
  • Terms Apply.
  • See Rates & Fees
Read less
Read more
See Rates & Fees
Promoted

Why award redemptions matter

The Spirit Airlines World Mastercard® offers less-than-robust airline perks like other cobranded and travel credit cards. For example, there is no free checked baggage.

That said, the card’s value lies mainly in its ability to get you off-peak fares. If you book these flights, you could enjoy an excellent 4.2% rewards rate on your spending, depending on the fares at the time of booking.

If not, your rewards rate will be just 1.2% on average based on our valuation at the time of writing. Consider another travel credit card, such as a no-annual-fee product that offers flat-rate rewards.

The perks

  • Annual fee: Waived for the first year.
    After that, the card has a $59 annual fee.
  • Signup bonus: 15,000 miles after your first purchase.
    Get an additional 15,000 miles after you make in purchases within the first days of your account opening.You may find better bonuses with other airline cards, but this one is relatively easy to qualify for.

    Spirit reserves special fares for Spirit Airlines World Mastercard® members. You can find one-way, off-peak award flights for as low as 2,500 miles excluding fees and taxes. If you can wait for these fares, your signup bonus can go a long way.

  • Rewards: 2x miles on every purchase.
    The value of these rewards varies greatly based on the timing of your awards flights.

Is the annual fee worth it?

Starting your second card year, the Spirit Airlines World Mastercard® has a $59 annual fee. The card doesn’t include checked baggage, so you’ll need to offset the majority of its fee through rewards.

The break-even point depends on what you redeem your miles for and how often you travel:

  • Using the Zone 2 priority boarding saves $5.99 each way.
  • If you redeem miles for standard fares, expect a value per mile of 0.6 cents.
  • If you’re patient enough to wait for off-peak fares, the value of your miles could shoot to 2.1 cents each.

Here are the miles you’ll need to earn at each rate, and how much you’ll need to spend to earn those miles.

Average value per mileMiles required to break even on annual feeSpend required to break even on annual fee
0.6 cents9,833$4,917
2.1 cents2,810$1,405

Data obtained March 2019. Values are subject to change and should be used only as a general guide.

You’ll also like …

  • 5,000 anniversary bonus miles each card year you spend at least $10,000 with your card.
    This can be a valuable bonus if you wait for off-peak flights.
  • Zone 2 priority boarding.
    This perk is available on all Spirit flights.
  • No blackout dates for award flights.
    Enjoy unfettered availability when you spend your miles.

What to watch out for

  • Annual fee: $59 starting the second year.
    This fee is lower than that of many other airline credit cards. You’ll commonly find co-branded cards with annual fees of $95.
  • Spirit is an ultra low-cost carrier.
    Spirit is designed to get you from point A to point B — but without traveling in style. Its base fares are often lower than other carriers, and you’ll pay for extras. 

    For example, a base fare includes only a personal item like a purse or laptop bag. A larger carry-on will cost you, starting from $30. You’ll also pay a fee for booking a flight online or over the phone, among other potential fees.

  • Miles expire relatively quickly.
    Your miles expire if your account is inactive for three months. Spirit Airlines defines an inactive account as one that doesn’t have any miles credited to it during the previous three months.
  • Penalty APR: 29.99% variable.
    If you make a late payment, Bank of America may apply this APR to all of your balances.

Compare airline credit cards

Name Product Welcome Offer Rewards Annual Fee
60,000 miles after spending $2,000 in the first 3 months and a $50 statement credit after you make a Delta purchase in the first 3 months
2x miles on Delta purchases and 1x miles on all other purchases
$0 intro annual fee for the first year ($95 thereafter)
60,000 bonus miles after you use your new card to make $2,000 on purchases within the first 3 months and a $50 statement credit after you make a Delta purchase in the first 3 months. Rates & Fees
75,000 bonus miles and 5,000 MQMs after spending $3,000 in the first 3 months. Plus $100 after making a Delta purchase in the same time
2x miles on Delta purchases and 1x miles for all other purchases
$195
Earn 75,000 bonus miles and 5,000 Medallion® Qualification Miles after you make $3,000 in purchases on your new card within your first 3 months. Plus $100 after making a Delta purchase in the same time. Rates & Fees
10,000 miles after spending $500 in the first 3 months
2x miles at US restaurants and on purchases made directly with Delta and 1x miles on all other purchases
$0
Earn 10,000 bonus miles after spending $500 in purchases on your new card in your first 3 months of card membership. Rates & Fees
75,000 bonus miles and 5,000 MQMs after spending $5,000 in the first 3 months
2x miles on direct Delta purchases and 1x miles on all other purchases
$450
Earn 75,000 bonus miles and 5,000 Medallion® Qualification Miles after you spend $5,000 in purchases on your new card in your first 3 months. Rates & Fees
40,000 miles after spending $2,000 in the first 3 months
2x miles on tickets purchased from United, 2x miles at restaurants, 2x miles on direct hotel purchases and 1x miles on all other purchases
$0 intro annual fee for the first year ($95 thereafter)
40,000 bonus miles after you spend $2,000 on purchases in the first 3 months from account opening.

Compare up to 4 providers

What should I know before I apply?

To apply for the Spirit Airlines World Mastercard®, you must be at least 18 years old. If you’re a permanent resident of Puerto Rico, you must be at least 21 years old.

When you apply, Bank of America may pull your credit report, employment information and other information it deems necessary to review your application.

Required information

  • Full name
  • Residential address
  • Phone number and email address
  • Citizenship status and country of residence
  • Date of birth and Social Security number
  • Employment status, total annual income, source of income and monthly housing payment
  • Optional: FREE SPIRIT member number

What credit score do I need?

There’s no hard cutoff for credit scores. However, you’ll typically have better odds of approval if you have a good to excellent score of 670 or higher.

What do customers say about the Spirit Airlines World Mastercard®?

Some customers complain that Spirit miles aren’t worth much. The card’s signup bonus could be valuable if you’re willing to wait for off-peak fares. However, you might have trouble nabbing a round-trip flight on a standard fare.

Many customers warn that you should carefully check the fees you’ll pay when flying Spirit. Before applying for the Spirit Airlines World Mastercard®, consider researching the routes you’ll fly and the fees you might pay.

Bank of America is accredited by the Better Business Bureau and has an A+ rating from the agency. However, it has 5,900 customer complaints at the time of this writing.

How to apply for the Spirit Airlines World Mastercard®

1. On the Spirit Airlines World Mastercard® website, click Apply now.
2. Complete the application with your personal and financial information.
3. Review your information and submit your application.

I got the card. Now what?

  • Make payments. Register with Bank of America online to make payments toward your account balance at any time.
  • Avoid interest. After each billing cycle, the bank gives you at least 25 grace days to pay off your outstanding balance. Purchases start attracting interest only after this period, assuming you started the billing period with a zero balance.
  • Avoid fees. Late and returned payment fees can serve as considerable setbacks. Cash advances and balance transfers also come with fees.
  • Customer service. Bank of America’s automated assistant Ask Jenn provides live help. You can also call customer support at 800-732-9194. You can also connect through Facebook or Twitter @BankofAmerica.

Bottom line

The Spirit Airlines World Mastercard® can be a strong choice if you’re willing to wait for off-peak fares. In fact, it’s the key to its value.

If you’re looking to travel outside off-peak windows, look for a different travel card. You’ll likely find a product with a better rewards rate.

Frequently asked questions

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site