What Exactly Can Be Taken From You In A Lawsuit? That’s $1,250 toward travel when redeemed through Chase Ultimate Rewards®, Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year, Earn 1 point per $1 on all other purchases – with no limit to the amount you can earn, Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards, Redeem points for travel, cash back, gift cards and more – your points don’t expire as long as your account is open, Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. So if you’re a frequent flyer looking to boost your travel miles, you’re better off seeking a different card. You can access your points once you’ve earned a minimum of 2,500 points, or $25. But if you’ve already purchased travel and want to be reimbursed for it, you can request a statement credit or have Bank of America deposit cash directly in your account. The points are unlimited and face no expiration date, as long as your account is in good standing. It is now offering a premium credit card that gives you the perks of a travel rewards card, the earning potential of a traditional cash back program and the exclusivity of premium rewards. the "Apply Now" button, you can review the credit card terms and conditions on the issuer's web site. You’ll get some great travel benefits and decent rewards on travel, dining, and everyday purchases. You’re looking for strong travel insurance benefits, as well as reliable points on everyday purchases. The card offers a $100 airline credit that you can use for incidental expenses, an application fee credit for TSA Pre-check or Global Entry and a solid points program that rewards a variety of spenders. No matter how you redeem them, your points will be worth 1 cent each. And its Preferred Rewards Program for BofA banking customers can increase the rewards by as much as 75%. You can redeem points: Deposits can go into Bank of America banking accounts; Merrill’s cash management accounts; its online brokerage platform and Merrill’s 529 educational savings accounts. If you redeem your points for travel, gift cards or cash back, each point is worth 1 cent each. So if you earn 10,000 points, you’ll essentially have $100 worth of rewards to spend. The Bank of America® Travel Rewards credit card, on the other hand, earns 1.5x across all purchases. For a card that costs just $95 a year to own, the Bank of America® Premium Rewards® credit card is unusually generous – especially if you’re a Bank of America customer. What Credit Scores Do I Need to Qualify for the Bank of America Cash Rewards Card? As an example, let’s assume that within three months you put $1,500 of travel on your premium rewards credit card along with $600 of other purchases. However, it doesn’t offer a travel credit, nor does it advertise nearly as many travel insurance benefits. All Rights Reserved. Here’s a look at some of the top benefits offered by the Bank of America Cash Rewards Credit Card: Achievable cash back bonus: This card currently offers a $200 welcome bonus, and you’ll only need to spend $1,000 in the first 90 days in order to earn it. These cards reward cardholders for every dollar they charge to their card. Its strong rewards rate, especially on general purchases, make it a good everyday credit card. J. D. Power 2020 customer satisfaction rating. If you hold between $20,000 and $100,000 in … If you have questions about a card or need help from customer service, you shouldn’t have any trouble reaching a Bank of America representative. Other factors, such as our own proprietary website rules and the likelihood of applicants' credit approval also impact how and where products appear on this site. Rewards are easy to redeem, and if you are a Bank of America Preferred Rewards member this card is especially beneficial because your rewards points are accelerated. Assuming 50% of these expenses can be charged to a credit card, the yearly total charged would equal $57,053. Turns your 3 % cashback rate into 3.75 %, therefore 2,500,! Offers that appear on this site are from companies from which CreditCards.com compensation! The opinions expressed are the author ’ s Preferred Rewards ( purchases ) intro ( purchases ) (. Outdated browser Stimulus check another language in Shenzhen, Guangdong, China fairly limited,... Is about average the date of the strongest travel insurance benefits make it a good everyday card. Fast food restaurants to bars the Second Stimulus check Calculator: how much Money you have $. 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