Part of the memo looks like this. https://pbs.twimg.com/media/CMQjWvvUwAAJHys.jpg

Compare here https://www.bankofamerica.com/credit...s.go?VIEW=List (even has the same card number on some sample Mastercards).

Nice catch! If BoA is the issuer I might be interested depending on the earnings potential. I do a NEC RT pretty much every weekend but the current card was of no interest to me since I would rather put the charges on my Chase Sapphire Preferred.

Isn't BoA known for not setting the world on fire with their credit card earnings potential? I bank with them but don't have a single one of their CC.

You sir, appear to be the winner.

Likewise. But I noticed that certain of their reward cards offer extra or higher bonuses to certain levels of their "elite" customer program (platinum, etc.).

Didn't see that but it appears that with most of their airline cards the earnings rate on charges with the airline are 3 points per $1 spent. With Chase that rate is now at 2 points so that could be a potential improvement right there IF it offers 3 points. I personally would need to see more than 3 points to apply and move spend.

Add to that the potential devaluation IF they move to a revenue based redemption as speculated on FT and on numerous blogs and gaining Amtrak points MIGHT not be the best thing to strive for with credit card spend moving forward. (right now 2 Chase UR points are move valuable to me than 2 Amtrak points with a potential devaluation in redemptions and earnings this will need to be reevaluated.)

My reference is to their non-co-branded travel and cash reward cards.

This memo (https://lossan.octa.net/AgendaPDF/8478.pdf) shows the new cards on page 29. It was linked from this article: http://frequentmiler.boardingarea.co...t-prices-sigh/

I hate you AGR! I've transferred lots of UR point in the scare that they are breaking up with chase! Now they're changing the whole thing!
Is there any way AGR can push my points back to my UR in this circumstances?

Wow, I had no idea about the upcoming AGR devaluation. Aligning AGR redemption rates with the price of the ticket kills what was for me a great program. 4,000 points for anywhere on the NE corridor at any time, even when booking the day of, was a helluva deal for me that I utilized frequently. Or 20K points for a one-way in a roommette from Chicago to California on the California Zephyr (a ticket that can easily cost almost $1000). Sad times.

I was about to commit the same disaster, but held off for a few days--thank goodness.

Note that there's now a separate thread for discussing the devaluation, http://www.flyertalk.com/forum/amtra...on-system.html

Sorry but I just don't understand your comment! If the rumors of BoA being the new card issuer are true then they are indeed breaking up with Chase. Them ending their CC issuing relationship with Chase however does not necessarily mean that there will be no more Chase UR transfers to Amtrak (it's likely but not a given) If you assumed both and thus transferred you UR to Amtrak that isn't their fault but your assumption...and a premature one at that.

Now that you've done it the only option is to book some rewards if the devaluation that is forecasted impacts your likely reservation pattern...but we will have till January to do that at the old rates.

few months ago, when Chase CC app disappeared I thought UR transfer will go away in few days, and I didn't think they will devalue the program.

If I had the information of devaluiation and breaking up with chase at the same time I wouldn't transfer my points.

Without any details of the points to dollar ratios for redemptions, do we really know the program is being devalued? Yes, we can guess that based on prior experience with other programs, but it's not a fact until it's a fact.

Under the current zone system, there were certainly winners and losers. Winner's were those who booked last minute, who wanted to take a long meandering trip by sleeper, or happened to be located where the zones worked well (Florida, for example). A loser was someone who location was not zone-friendly. A Pittsburgh to Chicago trip cost the same number of points as a Miami to Chicago trip. NEC travel was not particularly zone friendly unless you were going a long haul like WAS-BOS.

Once the redemption ratios come out, then we'll have a better idea whether, like baseball teams approaching the trade deadline, we should be buyers or sellers. Until then, it is wait and see for me.

And thusly I have a gazillion points because unless you did a long haul WAS-BOS or last minute Regionals it was always reasonable to pay for the ticket and the day time Acelas were always blocked weekdays!

I think this may actually be favorable on the NE corridor. See my analysis in the new AGR redemption thread.