Community
Wiki Posts
Search
Old Aug 22, 2023, 11:30 am
FlyerTalk Forums Expert How-Tos and Guides
Last edit by: hurnik
The site to directly register Priority Pass is here:
https://www.prioritypass.com/premiumrewardselite

From the DoC site listing the potential credits available:
  • $550 annual fee
  • Up to $150 annually in statement credits for lifestyle conveniences, including streaming services, food delivery, fitness subscriptions and rideshare services. (applies to the following category codes: 4899,5399,5411,5422,5499,5691,5734,5815,5816,5817, 5818,5921,5940,5964,5968,5969,5999,7032,7299,7372, 7841,7997, and 7999)
  • Up to $300 annually in Airline Incidental Statement Credits for qualifying purchases like seat upgrades, baggage fees, in-flight services and airline lounge fees.
  • Up to $100 in statement credits for Global Entry or TSA PreCheck® application fees (every four years).
Print Wikipost

Bank of America Elite Visa Infinite Card

Thread Tools
 
Search this Thread
 
Old Nov 22, 2021, 5:41 pm
  #31  
 
Join Date: Jan 2003
Posts: 3,785
Originally Posted by jags86
I actually think the card has a pretty good use case for a big earner — tax payments. You’re netting 1.32% on your tax payments so if you’re someone who pays something like $100k+ in taxes a year you could net several hundred to several thousand dollars.
But that's my point.. you get the exact same benefit as the $95 card for that purpose. But how do you net 1.32%? Most tax payment charges about 2% or more for credit card so 2.62% would only be 0.62% at best.
Need is offline  
Old Nov 22, 2021, 5:51 pm
  #32  
 
Join Date: Apr 2006
Programs: DL Plat, Bonvoy Titanium
Posts: 218
Originally Posted by bcs36
I did a PC today from Premium Reward to elite. I will update with any info. received.
Do you qualify under Diamond / Diamond Honors, and if so, is there a fee waiver?

As an aside, from the fine print on the T&Cs, the Priority Pass is only 1 per account (can be account holder or AU, but only one per account), so another way Venture X is a better value (absent a fee waiver).
High Technology is offline  
Old Nov 22, 2021, 8:06 pm
  #33  
 
Join Date: Aug 2011
Programs: Marriott Gold, Hilton Diamond, Radisson Rewards Gold, Best Western Diamond Select
Posts: 1,856
I was approved today
slickvik is offline  
Old Nov 22, 2021, 8:10 pm
  #34  
FlyerTalk Evangelist
Original Poster
 
Join Date: Mar 2010
Programs: DL, OZ, AC, AS, AA, BA, Hilton, Hyatt, Marriott, IHG
Posts: 19,900
I fail to understand the interest in the Elite card. The Premium Rewards at $95/year is a much better value.
lsquare is online now  
Old Nov 22, 2021, 8:20 pm
  #35  
 
Join Date: Mar 2013
Location: EWR
Programs: World of Hyatt, Marriott Bonvoy, Hilton Honors, UA Mileage Plus
Posts: 1,255
Originally Posted by Need
But that's my point.. you get the exact same benefit as the $95 card for that purpose. But how do you net 1.32%? Most tax payment charges about 2% or more for credit card so 2.62% would only be 0.62% at best.
The 20% discount.

1.5 points + 75% bonus + 20% discount = 3.28125% back on unbonused spend *if* you book paid flights via the BOA portal.
jags86 is offline  
Old Nov 22, 2021, 8:50 pm
  #36  
 
Join Date: Jun 2008
Location: BAY AREA
Posts: 1,125
Originally Posted by jags86
The 20% discount.

1.5 points + 75% bonus + 20% discount = 3.28125% back on unbonused spend *if* you book paid flights via the BOA portal.
True but how are the prices on Portal. Usually they are more than buying directly.
trikotret is offline  
Old Nov 22, 2021, 9:17 pm
  #37  
 
Join Date: Mar 2013
Location: EWR
Programs: World of Hyatt, Marriott Bonvoy, Hilton Honors, UA Mileage Plus
Posts: 1,255
Originally Posted by trikotret
True but how are the prices on Portal. Usually they are more than buying directly.
I would agree on hotels, but in general I find portals are equivalent to booking direct with flights. Of course the BOA portal may not be. And if that’s the case then the 20% discount is no big deal.
jags86 is offline  
Old Nov 23, 2021, 6:26 am
  #38  
 
Join Date: Apr 2001
Location: MIA LAX GIG, AA CK
Posts: 211
Originally Posted by slickvik
I was approved today
Did you upgrade from another BofA product or was it a new application?
AAdmiral is offline  
Old Nov 23, 2021, 12:48 pm
  #39  
 
Join Date: Jun 2008
Location: BAY AREA
Posts: 1,125
Originally Posted by jags86
The 20% discount.

1.5 points + 75% bonus + 20% discount = 3.28125% back on unbonused spend *if* you book paid flights via the BOA portal.
I wonder if you need to have enough points to pay for ticket or you can pay the difference in cash?

Edit: I read thru the terms of card and it says "only the portion of the airfare's cost paid for with points is eligible for the discount" So if ticket is $300 and I only have 10k points, the 20% discount applied to 10k points and I'll pay the remaining balance without discount?

Last edited by trikotret; Nov 23, 2021 at 12:55 pm
trikotret is offline  
Old Nov 23, 2021, 1:25 pm
  #40  
 
Join Date: Feb 2014
Location: Florida
Programs: Hilton Diamond, Marriott Titanium, Delta Diamond, Hyatt Globalist, AA Executive Platinum
Posts: 241
Hi, did you call in or just do it via CHAT? Thanks!
141park is offline  
Old Nov 23, 2021, 1:26 pm
  #41  
 
Join Date: Mar 2013
Location: EWR
Programs: World of Hyatt, Marriott Bonvoy, Hilton Honors, UA Mileage Plus
Posts: 1,255
Originally Posted by trikotret
I wonder if you need to have enough points to pay for ticket or you can pay the difference in cash?

Edit: I read thru the terms of card and it says "only the portion of the airfare's cost paid for with points is eligible for the discount" So if ticket is $300 and I only have 10k points, the 20% discount applied to 10k points and I'll pay the remaining balance without discount?
That’s how I’m interpreting it. If you have a $300 ticket and 10,000 points, you’d pay $175 and get $125 value from the points.
jags86 is offline  
Old Nov 23, 2021, 1:27 pm
  #42  
 
Join Date: Feb 2014
Location: Florida
Programs: Hilton Diamond, Marriott Titanium, Delta Diamond, Hyatt Globalist, AA Executive Platinum
Posts: 241
Originally Posted by bcs36
I did a PC today from Premium Reward to elite. I will update with any info. received.
Hi did you have to call in or did you use Chat to do the PC? Thank you!
141park is offline  
Old Nov 23, 2021, 1:33 pm
  #43  
 
Join Date: Jun 2008
Location: BAY AREA
Posts: 1,125
Originally Posted by 141park
Hi, did you call in or just do it via CHAT? Thanks!
I found the terms and conditions from application link
trikotret is offline  
Old Nov 23, 2021, 1:35 pm
  #44  
 
Join Date: Jun 2008
Location: BAY AREA
Posts: 1,125
Originally Posted by jags86
That’s how I’m interpreting it. If you have a $300 ticket and 10,000 points, you’d pay $175 and get $125 value from the points.
How you get that number? I used 20% off 10k point. Unless I'm doing it wrong
trikotret is offline  
Old Nov 23, 2021, 1:38 pm
  #45  
 
Join Date: Mar 2013
Location: EWR
Programs: World of Hyatt, Marriott Bonvoy, Hilton Honors, UA Mileage Plus
Posts: 1,255
Originally Posted by trikotret
How you get that number? I used 20% off 10k point. Unless I'm doing it wrong
10,000 points normally = $100. A 20% discount means 10,000 - 20% (2000) = 8,000 = $100. $100/8000pts = $0.0125/pt. 10,000 * $0.0125 = $125.

So, adding it all up: 1.5pts/$ earned, 75% bonus = 2.625 pts/$1 spend * $0.0125/pt value = 3.28125% back on unbonused spend — assuming the BOA portal is priced the same as direct with the airline.

That is the same way AMEX calculates the value of Membership Rewards when you use the Business Platinum 35% pay with points discount.
jags86 is offline  


Contact Us - Manage Preferences - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.