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Flybe closes its UK Mastercard credit card to new applicants

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Flybe has pulled its credit card from the market for new applicants.

Has the curse of Head for Points struck again?  At a credit card conference in February I explained why – from the point of view of the issuer – the Hilton Honors Visa card had the worst balance between sign-up bonus and long-term rewards of any card on the market.  Within a week, Hilton had pulled it.

This Tuesday, I gave over a full article to the Flybe credit card and why I didn’t find it very exciting.  You agreed in your comments.  Yesterday Flybe pulled the card from the marketThe marketing page is still on the website but at the bottom it says “We are no longer accepting new applicants.”

I am assuming it was nothing to do with me.  This is actually good news if it means a more rewarding, possibly Avios-driven, Flybe-branded credit card will appear in the future.

And should we buy the airline?

Following another dismal trading statement last week, the market capitalisation of Flybe had dropped to just £24m yesterday morning.  There is, of course, a lot of debt in there as well which explains the low figure.

However, £24m is worrying low.  It is a strange state of affairs that, if we had a whip around amongst Head for Points readers, we could buy the airline.  We have enough London-based investment bankers, entrepreneurs and hedgies amongst the readership to get the money together.

I should probably clarify for the purposes of Stock Exchange rules, since I spent 16 years in my previous life putting together deals like this, that I have no intention of doing so 🙂 but it simply goes to show what a parlous state the airline is in.


How to earn Avios points from UK credit cards

How to earn Avios from UK credit cards (December 2021)

As a reminder, there are various ways of earning Avios points from UK credit cards.  Many cards also have generous sign-up bonuses!

There are two official British Airways American Express cards with attractive sign-up bonuses:

British Airways BA Amex American Express card

British Airways American Express

5,000 Avios for signing up, no annual fee and an Economy 2-4-1 voucher for spending ….. Read our full review

British Airways BA Premium Plus American Express Amex credit card

British Airways American Express Premium Plus

25,000 Avios and the UK’s most valuable credit card perk – the 2-4-1 companion voucher Read our full review

You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points, such as:

Nectar American Express

American Express Preferred Rewards Gold

Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review

American Express Platinum card Amex

The Platinum Card from American Express

30,000 points and an unbeatable set of travel benefits – for a fee Read our full review

Run your own business?

We recommend Capital On Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card, along with a sign-up bonus worth 10,500 Avios:

Capital On Tap Business Rewards Visa

The most generous Avios Visa or Mastercard for a limited company Read our full review

You should also consider the British Airways Accelerating Business credit card. This is open to sole traders as well as limited companies and has a 30,000 Avios sign-up bonus:

British Airways Accelerating Business American Express card

British Airways Accelerating Business American Express

30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review

Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.

(Want to earn more Avios?  Click here to visit our home page for our latest articles on earning and spending your Avios points and click here to see how to earn more Avios this month from offers and promotions.)

Comments (179)

This article is closed to new posts. Discussion continues in the HfP Forums.

  • Flying Misfit says:

    OT – Not sure if this has been previously brought up but vaguely recall someone in comments asking about whether statements are still accessible on cancelled Amex card accounts.

    Cancelled an SPG card yesterday. Generally thought pdf statements and transactions history was inaccessible after cancellation. Found that this is the case when accessing on desktop but when I accessed via app on mobile, still had access to the pdfs. Tried this on some previously churned cards and also found pdfs available.

    • Peter K says:

      That’s interesting. I always download/screenshot transactions before cancelling.

  • Anna says:

    OT – last night there was an offer for 3000 avios to add a supplementary card to my current BAPP. Applied and the 3000 avios have posted overnight, result! However, there is still no sign of the 500 bonus avios for spending £5 so there seems no logic to their methods. OH’s 500 avios posted after 5 days!

    • FlyUpTop says:

      Same here, lots of qualifying transactions since saving the offer but still no reward. Trying to get an agent on live chat is near Impossible and I know what answer I would get if I called up – wait until offer expires then give us a call..

      • Tilly says:

        Ditto. On both mine and husband’s BAPP cards.

      • Brighton Belle says:

        It took a week for my 500 to appear

      • Shoestring says:

        it’s worse than that – the first numpty you speak to will say wait 90 days

        • Anna says:

          I’ve had that conversation! If it’s 90 days then so be it – but why for some customers and not for others? Is it not some kind of automated process?

        • RTS says:

          Fob off tactics 101.

        • RussellH says:

          Well, the Ts+Cs do say up to 90 days… and from 30 Nov too.

          “Rewarded Avios should appear on your billing statement within 5 days from qualifying spend but may take up to 90 days from 30 November 2018.”

  • Thomas Howard says:

    The situation at Flybe is what got me thinking what would happen to a BA booked NQY-LGW-CGN if anything happened to BE.

    Is there a price at which Flybe becomes attractive to IAG? BE offer routes Walsh has said he’s not interested in, but is that because they lack suitable aircraft or because they don’t see them as being profitable under any circumstance?

    • Stu N says:

      BA sold BA Connect to Flybe about 10 years ago to get rid of unprofitable domestic routes. Don’t see them buying it back any time soon.

    • Lady London says:

      I think you’d be getting the bus to Gatwick! BA doesn’t seem to think regional routes are really profitable. Not sure how British Midland is doing these days.

  • Oli says:

    Any idea what would happen to the Stobart operated flights if Flybe go bust? I am about to buy Stobart flights on the Flybe website for next February and April

    • Shoestring says:

      Your contract is with Flybe

    • Lady London says:

      Gotta feeling Sleazy might cover some of the Stobart destinations – they were coming up when I mistyped some destination s on a search yesterday. Not sure if that means Sleazy could be working with Stobart too? I;m still hoping to land on the beach one day at Sunburgh.

  • Tilly says:

    Got another 50 points on the Marriott game this morning.

  • Aron says:

    OT:

    Has anyone noticed FLR is only available from LCY now?

  • Shoestring says:

    OK here are my test results on success emails.
    7x Spend £20 @Amazon, get £5 – 4x success emails, 7x prompt payment.
    2x Spend £5 anywhere, get 500 Avios – 0x success emails, 2x 4 days later payment.

    • Alan says:

      Interesting, thanks. In my experience…

      3 x £20 @ Amazon – 2 x success emails. 2 x very prompt payment, 1 x payment after 10 days.
      1 x spend £5 anywhere – 0x success emails, awaiting Avios credit but only purchased on Tuesday evening.

    • RTS says:

      Lucky git. I have NONE of those offers available across 6 cards.

  • Rolf says:

    I must have been one of the last people getting a Hilton credit card before it was closed to new customers in March. I got the free night sign-on bonus but haven’t used the card ever since. Is it worth holding on to it or is it better closing it now and wait for the new Hilton credit card that was rumored about over the summer?

    • Wally1976 says:

      Personally my wife and I have held onto ours and use them for all our non Amex spend. I think there’s more to lose than gain by getting rid of it but others may think differently.

      • Nate1309 says:

        +1 my wife and I used ours for that too. Both linked to Curve. Though that may chance this month……

    • Peter K says:

      I like the guaranteed Hilton gold for £10k spend.

    • Genghis says:

      The Hilton card costs nothing and I don’t need the credit elsewhere so for me no harm in keeping it. I cancelled MBNA VS black card just before it closed. Had I kept it I would have got the enhanced bonus offer on the new VM card. Hilton might do something similar?

      • Doug M says:

        I cancelled my MBNA Virgin card to avoid another fee around three months before Virgin Money launched the new one. I was offered the enhanced bonus, and I’m sure I read others were too. Are you sure you had marketing email allowed, that was the problem for quite a few.

        • Genghis says:

          “Are you sure you had marketing email allowed”
          Yes. Luck of the draw I guess.

      • RussellH says:

        Who knows??

        I had the IHG Barclaycard as well as the Hilton one. The IHG Creation M/card launched before the Barclaycard ended and I made the mistake of going for the Creation one as soon as IHG promoted it, so missing out on the additional bonus offered when the Barclaycard did finally close.

        On the other hand, Rob mentioned last week (I think) that Hilton were struggling to find a replacement card issuer, so the Barclaycard version may well be with us for some time yet.
        Since for me it is much easier to get IHG points from stays than it is from Hilton, the Hilton card is much more useful.

    • Anna says:

      You get Hilton Silver just for holding the card which may be useful if you don’t have any other way of getting status.

This article is closed to new posts. Discussion continues in the HfP Forums.