In order to optimize rewards that are preferred youвЂ™ll obviously would you like to be eligible for Platinum Honors and become entitled to the 75% charge card benefits bonus. If you can work with Merrill and park a rainy-day fund in Bank of America, it may be worthwhile while I donвЂ™t recommend making your investing and banking decisions based entirely on added credit card rewards.
The financial institution of AmericaВ® Premium RewardsВ® bank card is an extremely solid card that is fixed-value a unique right, however when you add when you look at the bonus through the Preferred Rewards system it gets much more competitive. The card posesses $95 fee that is annual supplies a modest collection of benefits, including a $100 yearly flight incidental cost credit, a worldwide Entry/TSA PreCheck application charge credit plus some decent travel defenses.
If youвЂ™re maybe not trying to spend a yearly cost, you may choose the Bank of AmericaВ® Travel Rewards bank card or even the Bank of AmericaВ® Cash Rewards charge card. The Travel Rewards card earns 1.5x points on all acquisitions. YouвЂ™ll earn your rewards that are preferred about this card during the time of purchase:
Points attained through the Travel Rewards Card could be redeemed to pay for travel purchases in your card for a price of just one cent per point.