Hyperlink is found by reddit u/JonLuca.
Utility Hyperlink
Advantages
- 50k supply: earn 50,000 factors after spending $3,000 in first 90 days.
- The factors will be redeemed in direction of assertion credit score or deposited into BoA Checking/Financial savings account at 1:1 ratio. You may also redeem them in BoA journey portal and get a 20% off, so on this method the factors may very well be price 1.25 cents/level. Subsequently the 50k signup bonus is price about $625.
- Incomes 2x factors per greenback spent on journey and eating, earn 1.5x factors elsewhere.
- BoA Most popular Rewards program: If in case you have checking/financial savings/brokerage account in BoA or Merrill Edge, you may earn extra factors based mostly on the quantity of asset. Earn extra 25% rewards in case you are in Gold tier ($20k or extra in steadiness); 50% if Platinum tier ($50k or extra in steadiness); 75% if Platinum Honors tier ($100k or extra in steadiness).
- $300 Airline Incidental Credit score: stand up to $300 per calendar yr in Airline Incidental Assertion Credit for qualifying purchases like seat upgrades, baggage charges, in-flight companies and airline lounge charges.
- $150 Way of life Credit score: stand up to $150 per calendar yr in assertion credit for way of life conveniences, together with streaming companies, meals supply, health subscriptions and rideshare companies.
- Precedence Cross Choose (PPS) airport lounge entry.
- $100 credit score towards TSA Pre or World Entry.
- No overseas transaction charge.
Disadvantages
- $550 annual charge, not waived first yr.
Really useful Utility Time
- We suggest you apply for this card after you’ve a credit score historical past of a minimum of one yr.
- [New] 2/3/4 Rule: BoA will solely approve you for at most: 2 playing cards per rolling 2 months; 3 playing cards per rolling 12 months; and 4 playing cards per rolling 24 months. As a result of their IT system hasn’t been absolutely up to date but, you might not get declined due to this rule. As an alternative, you might get authorised at first, after which the account can be closed due to “authorised in error”.
- [New] This card is not going to be accessible to you in the event you at present have or have had the cardboard within the previous 24 month interval.
Abstract
This card is like an upgraded model of BoA Premium Rewards. They even have the identical incomes construction. This card comes with a hefty $550 annual charge. Even when you need to use up all of the $300 airline incidental credit score and $150 way of life credit score, you continue to need to pay $100, mainly just for the PPS playing cards. When you use the factors in direction of journey by way of BoA journey portal, then the factors worth turns into 1.25 cents/level, then the spending rewards is respectable. However there are clearly limitations (in comparison with redeeming for assertion credit score) in the event you redeem the factors on this method. All in all, in my view, there are different aggressive premium playing cards, due to this fact I don’t suppose this one is especially fascinating.
Associated Credit score Playing cards
Greatest Downgrade Choices
After Making use of
- Click on right here to examine BoA software standing.
- BoA reconsideration backdoor quantity: 877-383-0120 or 866-811-4108. It appears that evidently the quantity is altering. Please inform us without delay if it fails. The representatives right here can get in contact with decision-makers immediately.
