I agree with Mountain Trader. The terms and rewards may not change for a long time.

While many on FT view the Schwab card as a fat deal, FIA and Bank of America might view it as a low cost (or low profit) item that opens doors to banking customers. If so, and that's a big if, they might well not change the Visa terms much if at all.

We would be a great market to advertise to cheaply via inserts.