Apr 20, 2018, 10:05 am
BofA Premium Rewards card
Oct 6, 2018, 12:21 am
#391
Join Date: Apr 2009
Posts: 679
I would not like that since Costco only accepts Visa and I use it there to get 3.5% back (and 5.25% on gas)! If you're not a Costco member, then it probably doesn't matter.
Last edited by MisterBill; Nov 17, 2018 at 8:40 pm
Oct 23, 2018, 1:51 pm
#393
Join Date: Aug 2014
Posts: 1,303
One thing I'll follow up on is that with the premium rewards card I can go to charges posted and see the additional boost from preferred rewards status, I cannot see the boost from preferred rewards on the cash rewards card until I redeem into my BoA checking account (which you have to do in order to get the boost) according to the rep I just spoke to over the phone. In essence, the premium rewards card lets you apply to statement credit (easier) but the cash rewards card makes you redeem in into BoA checking account.
Nov 15, 2018, 10:51 am
#394
Join Date: Jun 2017
Location: Chicago, IL
Programs: Hyatt Globalist, Hilton Diamond, Marriott Gold, Airline Nobody
Posts: 64
Nov 17, 2018, 12:48 pm
#395
Join Date: Oct 2011
Posts: 4,166
Nov 17, 2018, 8:28 pm
#396
Join Date: Apr 2009
Posts: 679
You must have it confused with the CSR. The annual credit is much more restrictive on this card, just for domestic air travel incidentals. I'll keep it for next year since I've got a domestic flight in January and will spend $50 in bag fees in each direction for my wife and myself and that will cover the AF.
Last edited by MisterBill; Nov 17, 2018 at 8:38 pm
Nov 18, 2018, 2:36 pm
#398
Join Date: Sep 2011
Location: SNA
Programs: AA EXP, Hilton Diamond, Hyatt Globalist, IHG Plat, Marriott Gold, National EE
Posts: 1,204
Easy credits like the Citi Prestige or Chase Sapphire Reserve I would agree with valuing at full face or near-face value, those take care of themselves very quickly compared to BofA PR.
Perhaps there is an easier way to get the credits manually reimbursed that I haven't figured out?
Nov 18, 2018, 2:53 pm
#399
Join Date: Apr 2009
Posts: 679
When I've used it for a) taxes/upgrade fees when buying an award ticket on AA and b) baggage fees on JetBlue, the credit has been automatic. It seems like what they consider qualifying expenses is very limited and either they're not looking for the code your stuff is posting under or it's not intended to be included.
Nov 19, 2018, 9:32 am
#400
Original Poster
Join Date: Jun 2008
Location: BAY AREA
Posts: 1,125
The travel credit concept is like the Amex card travel credit. If dont travel at all you can buy an airline gift card and sell it or you use it for future travel. You can get up to 100 Travel credit so you are $5 positive after the annual fee. I guess that's why there are no retention offers for this card. I use this card heavily for places that I would only earn 1 point per dollar on my Gold Amex. I treat this card as 2.6% cash back card.
Nov 19, 2018, 9:57 am
#401
Join Date: Apr 2009
Posts: 679
The travel credit concept is like the Amex card travel credit. If dont travel at all you can buy an airline gift card and sell it or you use it for future travel. You can get up to 100 Travel credit so you are $5 positive after the annual fee. I guess that's why there are no retention offers for this card. I use this card heavily for places that I would only earn 1 point per dollar on my Gold Amex. I treat this card as 2.6% cash back card.
Buying a gift card only works for certain airlines and if you sell it, you'll not going to end up whole.
If the $100 travel credit were easier to use, like the CSR, it would be a no-brainer to keep.
Dec 8, 2018, 1:50 am
#403
Join Date: Sep 2011
Location: SNA
Programs: AA EXP, Hilton Diamond, Hyatt Globalist, IHG Plat, Marriott Gold, National EE
Posts: 1,204
When I've used it for a) taxes/upgrade fees when buying an award ticket on AA and b) baggage fees on JetBlue, the credit has been automatic. It seems like what they consider qualifying expenses is very limited and either they're not looking for the code your stuff is posting under or it's not intended to be included.
Dec 8, 2018, 12:37 pm
#404
Join Date: Jul 2018
Programs: Delta Skymiles, AA Advantage, HH Gold, Marriott Gold
Posts: 43
Per BOA terms and conditions re airline credits:
"Qualifying transactions are those purchases made on domestic-originated flights on certain U.S.-domestic airline carriers"
So will bag fees on AA flights to/from the Caribbean be reimbursed?
"Qualifying transactions are those purchases made on domestic-originated flights on certain U.S.-domestic airline carriers"
So will bag fees on AA flights to/from the Caribbean be reimbursed?
Dec 10, 2018, 10:06 am
#405
Join Date: Apr 2009
Posts: 679
https://socialapp.bankofamerica.com/facebook/home.jsp
Also, Air Canada is not in the list of qualifying airlines, presumably because it is not a U.S. carrier. I found this info on another site. I assume it's somewhere in this thread but Unfortunately the "Search this Thread" feature did not find it.
Fees on domestic-originated flights on certain U.S.-domestic airline carriers that include: preferred seating upgrades, ticket change/cancellation fees, checked baggage fees, in-flight entertainment, onboard food and beverage charges, and airport lounge fees affiliated with eligible airline carriers.
They list the following merchant category codes as qualifying: 3000, 3001, 3057, 3058, 3063, 3066, 3132, 3174, 3196 or 3256
- 3000 – United
- 3001 – American Airlines
- 3057 – East/West Airline (Australia)
- 3058 – Delta
- 3063 – US Airways
- 3066 – Southwest
- 3132 – Frontier
- 3174 – Jet Blue
- 3196 – Hawaiian
- 3256 – Alaskan
Last edited by MisterBill; Dec 10, 2018 at 10:19 am