Spoke with my BofA PB today and he confirmed the article details. Basically, the card launch will be in May, at first by invitation only, and you have to have at least $100K in deposits/investments with BofA to qualify.

I told him to send me the card benefit details when it launches. Since I have a Citi Chairman card, it will be interesting to see how this product compares to the Chairman when it re-launches as it is also supposed to be an Amex card. If the benefits are basically the same, there's no reason to pay Citi for something that can be had for free.

BTW, I agree with brosnan6's comments on BofA Premier Banking...the service is top notch and the main reason I stay with BofA.