Other significant terms apply.
Enrolled clients with Bank of America Cash Rewards credit gifts for my teenage son cards can receive a Preferred Rewards bonus of 25 for the Gold tier, 50 for the Platinum tier, or 75 for the Platinum Honors tier only when you redeem cash rewards into a Bank of America.
How You Earn Cash Rewards: Earn cash rewards when you use your card to make purchases, minus returns, credits and adjustments (Net Purchases).
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Site, about, jobs at TPG, team, contact.The Chase Sapphire Preferred Cards waived first-year fee does give it an initial leg.There are various advantages of the business credit cards over the personal, chiefly the fact they dont report balances to personal credit repots which could help your credit score.Bottom line: If youre a Preferred Rewards member, the Bank of America Premium Rewards credit card is your winner.Its likely similar to a personal Merrill Edge account, just beware of any tax implications there, especially if your business is a separate corporate entity.TSA PreCheck or Global Entry program.Your answers to such questions will guide your decision.Rewards Forfeiture: If the owner(s) of the card account voluntarily closes the card account, or if for any reason we close the card account, any unredeemed cash rewards associated with the account are subject to immediate forfeiture, unless specifically authorized.
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That said, if you have significant balances in checking, saving or investment accounts at Bank of America and Merrill Lynch, your choice non chocolate valentine's gifts gets a whole lot easier, since the Bank of America card offers generous bonuses.
1 Base Cash Rewards: Earn 1 cash back (equal.01) for every 1 of Net Purchases charged to the card each billing cycle.
2 Bonus Category: Earn a total of 2 cash back (equal.02, consisting of 1 bonus cash rewards and 1 base cash rewards) for every 1 of Net Purchases made at eligible grocery store merchants and wholesale clubs, which include supermarkets, freezer/meat lockers, candy.
Its very similar to their relationship bonus for personal checking and credit card customers called Preferred Rewards.That being the case, itll be difficult for most of us to qualify for meaningful status unless you have a business with high cash reserves or if you shift your investments over to business accounts.At Platinum Honors, theyre.5 and.625.2x base points on advertising or gas or office supply stores instead of the 2x base points on restaurants).Visit m/preferred-rewards for additional program details.Additional details about the Preferred Rewards bonus are available in your cards Program Rules, which are mailed upon account opening and are accessible through the rewards redemption site via Online Banking or by calling the number on the back of your card.Your purchase may not qualify to receive the bonus earn rate if the merchant does not process transactions under the MCC that corresponds with the Bonus Category, or your purchase is processed through a third-party payment account, mobile/wireless card reader, digital wallet not supported.At Preferred Rewards Gold level, those rates rise.5 and.875, respectively.However, the Bank of America Premium Rewards credit card gives you travel credit that, if you use it, more than makes up for the fee every year.
Posted by, chuck on March 27, 2018, originally posted in December 2017.
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