Spirit Airlines Onyx World MasterCard Review | CreditShout

Spirit Airlines Onyx World MasterCard Review

By Jessica Mousseau / December 13, 2010

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Verdict: Not everyone qualifies for a World MasterCard, which is what this card is; it’s just sponsored by Spirit Airlines. (Onyx simply refers to the color of the card—black with white and grey lettering.) Those who don’t qualify can receive a Platinum World MasterCard. Further, the World MasterCard has a $69 annual fee; the Platinum World MasterCard has no fee.

Plus, this particular card has quite a few caveats to it that must be met monthly. If cardholders don’t mind meeting them every month, then it may be a good one for them. There are other cards available that don’t have as many restrictions, however.

Overview: The Spirit Airlines Onyx World MasterCard Credit Card is another World MasterCard that is sponsored by a particular airline; in this case Spirit Airlines. The greatest rewards points are earned by using the card to buy tickets on Spirit Airlines or make other Spirit Airline purchases.

How To Get $400 in Free Airfare
Venture from Capital One is currently our top choice for earning airline miles. New cardholders can earn 40,000 bonus points (which is equivalent to $400 in free airfare or hotel rooms) after making $3,000 in purchases in the first 3 months. In addition you earn 2X points for every dollar spent. There are no travel restrictions or blackout dates when redeeming points, and the $59 annual fee is waved for the first year.

$400 in Free Airfare with Capital One Venture Card

How This Card Works: Cardholders have to maintain “active membership” by having account activity each month; that is, the card must be used at least once a month for something—a purchase, a balance transfer, or cash advance. In addition, the highest rewards points are earned only by using Spirit Airlines services and even these aren’t good for buying tickets except in “off-peak” times.

Travel and Shopping Benefits: There aren’t very many. Again, this card has a lot of restrictions and limitations, including the fact that cardholders can only purchase “off-peak” tickets. Further, rewards points are only earned at a 1/1 ration (1 point for every $1 spent) for regular purchases.

Fees: The fees are about what would be expected on most credit cards. $10 or 4% for balance transfers; $10 or 3% on all others, such as cash advances. Interest rates are 15.24%, 18.24%, or 22.24%, depending on creditworthiness.

Pros:

  • Can choose between annual fee or no fee

Cons:

  • May not be eligible for Onyx World MasterCard, but this might be considered a “pro” to some people, because the Onyx card has a $69 annual fee
  • High interest rates, and they are variable
  • Must meet many requirements on a monthly basis in order to get maximum benefits, including at least one purchase or transaction in order to maintain “active membership”
  • Airline tickets are “off-peak” only
The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author's alone. Additionally, the opinions of the commenters are not necessarily the opinions of this site

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