07-16-2013 09:13 AM
07-16-2013 09:16 AM
07-16-2013 09:24 AM
Nope anyone can apply. I think this and the BofA amex world points are best looking cards BofA offers
Yes, my mistake. On my BoA page it says:
As a Platinum Privileges client, you have access to the rewarding BankAmericard Privileges® credit card with Cash Rewards
What it doesn't say is that non-PP clients also have access with exactly the same terms!
07-16-2013 10:24 AM
07-16-2013 10:40 AM
The card worth the AF if you spend a lot and have any BofA bank account.
But again, compared to what? If you spend all $6,000 on gas, you get back $180+ $90 bonus = $270. Minus the fee that's a gain of $195 per year, + 1.5% on all spending
With the Fidelity Amex, the $6,000 on gas earns $120, leaving $75 to make up with the extra 0.5%, so an extra $15K spend puts Amex ahead (and this is the best case for BoA). And other combinations, such as PenFed and Quicksilver, do much better.
Not to say that this is a bad card, but you should always take opportunity costs into account (e.g. "this card more than earns its annual fee, but does it net more than another card that I can reasonably expect to get?")
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.