BoA AAA Member Rewards Visa - Moving to Comenity Capital Bank (soon Bread Financial)
Just got a letter in the mail that my much beloved BoA AAA Member Rewards Visa will be getting auto converted to Comenity AAA Travel Advantage Visa coming October 2022. Not happy about this since as a BoA Preferred Rewards member I have been getting a better return on this card than through the BoA direct branded travel cards.
New Card Rates show as follows:
5% cash back on gas - Max of $350 cash back per calendar year ($7,000 in spend)
3% cash back on grocery store, restaurant, and travel (including AAA)
1% cash back on other purchases
Current BoA rates with Boa Preferred Rewards Platinum Honors level have been:
5.25% cash back on AAA purchases and travel
3.5% cash back on gas, grocery, drugstore and wholesale clubs
I just recently even did a product change on my BoA Premium Rewards Visa which now looks like a bad choice.
Last edited by G2244; Aug 20, 2022 at 9:39 am
Reason: clarity on new bank ownership