Last edit by: muji
BankAmericard Travel Rewards Credit Card
20K points after $1,000 spend within 90 days.
No annual fee
No foreign transaction fees
https://www.bankofamerica.com/credit...credit-card.go
20K points after $1,000 spend within 90 days.
No annual fee
No foreign transaction fees
https://www.bankofamerica.com/credit...credit-card.go
New BoA Travel Rewards Credit Cards, up to 2.625% travel credits.
#1
Original Poster
Join Date: Mar 2012
Posts: 280
New BoA Travel Rewards Credit Cards, up to 2.625% travel credits.
Went to a BoA branch yesterday and was told that they launched this card just last week. See here:
https://www.bankofamerica.com/credit...credit-card.go
Highlights:
No FTF
No annual fee
1.5% back via travel credits (can purchase through vendor directly)
Has chip
The rewards itself is unremarkable of course, but the combination of no FTF and having a chip (I don't see a reference to this on the website, but the banker said it had it, so perhaps someone could confirm/refute?) with no annual fee makes this seemingly quite the attractive card.
Thoughts?
https://www.bankofamerica.com/credit...credit-card.go
Highlights:
No FTF
No annual fee
1.5% back via travel credits (can purchase through vendor directly)
Has chip
The rewards itself is unremarkable of course, but the combination of no FTF and having a chip (I don't see a reference to this on the website, but the banker said it had it, so perhaps someone could confirm/refute?) with no annual fee makes this seemingly quite the attractive card.
Thoughts?
#2
Join Date: Jun 1999
Location: NYC/LA
Programs: DL Plat, AA Plat Pro, Marriott Titanium, IHG Diamond Amb
Posts: 7,486
There is also an annual fee version of this card:
- $75 annual fee (waived for BofA customers with more than $50k of combined deposits and investments)
- 2% back in the form of travel credits
- no foreign exchange fees
These two new cards basically sound like BofA's version of CapitalOne's Venture and Venture One cards.
For people who already have too many hotel or airline points (sometimes I feel that way as I never end up burning through my miles and points because I always feel the need to accrue elite qualifying miles with airlines and night or stay credit with hotels), these cards may be attractive as you can just charge any travel expenses to the cards and request a statement credit back. This is in contrast to, for example, the Thank you network where to get the max value (for Premier and Prestige cardholders), you have to book flights through their booking engine.
- $75 annual fee (waived for BofA customers with more than $50k of combined deposits and investments)
- 2% back in the form of travel credits
- no foreign exchange fees
These two new cards basically sound like BofA's version of CapitalOne's Venture and Venture One cards.
For people who already have too many hotel or airline points (sometimes I feel that way as I never end up burning through my miles and points because I always feel the need to accrue elite qualifying miles with airlines and night or stay credit with hotels), these cards may be attractive as you can just charge any travel expenses to the cards and request a statement credit back. This is in contrast to, for example, the Thank you network where to get the max value (for Premier and Prestige cardholders), you have to book flights through their booking engine.
#4
Join Date: Jan 2011
Programs: SPG GOLD
Posts: 217
Bank of America is not known for big sign up bonuses. $100 or 10,000 points is the most I've seen with many of their cards that have no annual fee. I have a Sallie Mae 2% cash back card and I received a $100 sign-up bonus a few months ago. I don't see this card beating that.
Since I don't have the card, I should assume that based on the merchant category code (MCC) of the business, Bank of America will know the business is a travel, leisure, or hotel category and let me redeem my points as a statement credit?
I primarily use Starwood SPG for hotel, but in what circumstances, would you use these points when a loyalty card of some sort would typically offer the better perks?
Since I don't have the card, I should assume that based on the merchant category code (MCC) of the business, Bank of America will know the business is a travel, leisure, or hotel category and let me redeem my points as a statement credit?
I primarily use Starwood SPG for hotel, but in what circumstances, would you use these points when a loyalty card of some sort would typically offer the better perks?
Last edited by sunk818; May 12, 2012 at 10:56 am
#5
Original Poster
Join Date: Mar 2012
Posts: 280
Since I don't have the card, I should assume that based on the merchant category code (MCC) of the business, Bank of America will know the business is a travel, leisure, or hotel category and let me redeem my points as a statement credit?
I primarily use Starwood SPG for hotel, but in what circumstances, would you use these points when a loyalty card of some sort would typically offer the better perks?
I primarily use Starwood SPG for hotel, but in what circumstances, would you use these points when a loyalty card of some sort would typically offer the better perks?
i'd use my amex spg card for spg. if you don't have one, i'd probably charge it to chase sapphire preferred.
my interest in this boa card, though, is its international usage. for something with no annual fee, it has no FTF AND (allegedly) has a metal chip. can any other cards beat that?
#6
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,953
: https://www.bankofamerica.com/credit...avel%20Rewards
Note also that there is an annual 10% rewards bonus if you have a Bank of America or Merrill Lynch account. This raises the rebate to 1.65% .
There is also a double points feature on travel booked through their online agency, capped at 9000 bonus points per year.
I believe it is this card called BankAmericard Priveleges with Travel Rewards:
https://www.bankofamerica.com/credit...credit-card.go
The 10% bonus for Bank of America and Merrill Lynch account holders makes this a 2.2% program.
Last edited by mia; May 12, 2012 at 2:13 pm
#7
Original Poster
Join Date: Mar 2012
Posts: 280
yep, based on merchant's reported categories.
i'd use my amex spg card for spg. if you don't have one, i'd probably charge it to chase sapphire preferred.
my interest in this boa card, though, is its international usage. for something with no annual fee, it has no FTF AND (allegedly) has a metal chip. can any other cards beat that?
i'd use my amex spg card for spg. if you don't have one, i'd probably charge it to chase sapphire preferred.
my interest in this boa card, though, is its international usage. for something with no annual fee, it has no FTF AND (allegedly) has a metal chip. can any other cards beat that?
it'd be great if anyone could point me to a card that offers similar functions (no fee, no FTF, has chip) and perhaps is even better. thanks.
#8
Join Date: Jun 2008
Location: BAY AREA
Posts: 1,125
I have been long term Bofa customer. But I never used their CC since their rewards are not that exciting. However this new card got my attention. I might take advantage of the 2 points per dollar card. I need to check their reward choices first
#9
Join Date: Apr 2011
Posts: 111
new BoA card for 10,000 pts
found this BoA new card, some of you may be already aware...
https://www.bankofamerica.com/credit...credit-card.go
the clincher for me are the no annual fee and no foreign transaction fees, there is none in the market (agreed, you can get the value of annual fee with some hotel night cert with chase cards)
question- is anyone familiar with BoA travel points system, their worth, redemption etc...how much is 10000 points worth?
https://www.bankofamerica.com/credit...credit-card.go
the clincher for me are the no annual fee and no foreign transaction fees, there is none in the market (agreed, you can get the value of annual fee with some hotel night cert with chase cards)
question- is anyone familiar with BoA travel points system, their worth, redemption etc...how much is 10000 points worth?
#10
Suspended
Join Date: May 2012
Posts: 613
found this BoA new card, some of you may be already aware...
https://www.bankofamerica.com/credit...credit-card.go
the clincher for me are the no annual fee and no foreign transaction fees, there is none in the market (agreed, you can get the value of annual fee with some hotel night cert with chase cards)
question- is anyone familiar with BoA travel points system, their worth, redemption etc...how much is 10000 points worth?
https://www.bankofamerica.com/credit...credit-card.go
the clincher for me are the no annual fee and no foreign transaction fees, there is none in the market (agreed, you can get the value of annual fee with some hotel night cert with chase cards)
question- is anyone familiar with BoA travel points system, their worth, redemption etc...how much is 10000 points worth?
#11
Join Date: Apr 2012
Programs: AA, UA, Hilton, Choice, Wyndham
Posts: 415
Originally Posted by BofA
Rewards begin at 2,500 points for travel credits, cash, merchandise and charitable contributions. Points redeemed for a travel credit will be applied as statement credit to your account to offset qualifying travel purchases. A travel credit will be available to redeem for purchases from the Travel Center or for qualifying travel purchases made as defined by the following merchant category codes...
#12
Join Date: Jan 2009
Location: WAS
Programs: AA EXP2M, DL 1MM DM ext, UA PP <=> HH G/Marr PE/Hyatt G/IHG P FT RA ( Recovering Addict)
Posts: 4,596
This is simply the new version of the MBNA worldpoints card.
The tickets are nonrefundable (and cant be deposited back)
The simple cash back rebate from Amex Blue Cash or the Fidelity Amex card are better.
The tickets are nonrefundable (and cant be deposited back)
The simple cash back rebate from Amex Blue Cash or the Fidelity Amex card are better.
#13
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,953
This is not accurate description of this program. The points can be redeemed for a credit to offset a travel purchase made elsewhere:
https://www.bankofamerica.com/credit...avel%20Rewards
Points redeemed for a travel credit will be applied as statement credit to your account to offset qualifying travel purchases.
#14
Join Date: Jul 2009
Location: Houston, TX
Programs: UA 1K, DL Platinum, BA Gold
Posts: 181
I'm also interested in this card strictly because it seems to be the only card out there that has the chip, no annual fee and no FTF. Can anyone confirm that this card does indeed have the chip?