topic Re: BBR Discontinued New Info in Credit Cards

BBR Discontinued New Info

Anonymous — Mon, 15 May 2017 18:08:54 GMT

DH is a CSR suprovisor for BOFA and he just texted what they told the CSRs today about it.

"Beginning may 25th bbr will no longer be offered. The bank americard will also have a new OFFER (not a new card) the new offer will be 0% Apr on transactions and bt's for first 15 months, no bt transfer fee in the first 60 days, no penalty apr. people with the old card will not be changed."

Re: BBR Discontinued New Info

-Cal- — Mon, 15 May 2017 18:40:36 GMT

Thanks for sharing this info. I already have 1 BBR and I'm thinking of applying for another one and having my wife apply for one.

Re: BBR Discontinued New Info

Anonymous — Mon, 15 May 2017 20:58:08 GMT

Thanks for sharing. Not surprised at all that the card is going away but glad that, for now at least, we get to keep ours.

Re: BBR Discontinued New Info

Anonymous — Mon, 15 May 2017 21:47:39 GMT

@Anonymous wrote:
DH is a CSR suprovisor for BOFA and he just texted what they told the CSRs today about it.

"Beginning may 25th bbr will no longer be offered. The bank americard will also have a new OFFER (not a new card) the new offer will be 0% Apr on transactions and bt's for first 15 months, no bt transfer fee in the first 60 days, no penalty apr. people with the old card will not be changed."

Thanks for sharing. I don't have any BOA cards but would like to add BBR. But with my recent app spree I don't think BOA will like all my new accounts/inquiries.

Re: BBR Discontinued New Info

CreditCuriosity — Mon, 15 May 2017 22:33:46 GMT

Yes thanks for sharing so those that want the BBR get your apps in ... Also possilbe the BBR might be nerfed in the future, but probably good for another year or two before changes comes if at all I would guess. Although anything certainly can happen

Re: BBR Discontinued New Info

kevinjjc — Tue, 16 May 2017 02:31:19 GMT

Thanks for the heads up!

Re: BBR Discontinued New Info

DeeBee78 — Tue, 16 May 2017 06:18:43 GMT

@CreditCuriousity wrote:
Yes thanks for sharing so those that want the BBR get your apps in ... Also possilbe the BBR might be nerfed in the future, but probably good for another year or two before changes comes if at all I would guess. Although anything certainly can happen

I don't see BoA staying in my wallet if this card gets nerfed. To be honest, the only reason I'm using them for primary checking is because I have my BBR with them. $120 a year for paying my Netflix bill is too good to pass up.

Might try to go for one of the Chase $300 bonuses instead.

Re: BBR Discontinued New Info

SunriseEarth — Tue, 16 May 2017 18:28:54 GMT

@Anonymous wrote:
DH is a CSR suprovisor for BOFA and he just texted what they told the CSRs today about it.

"Beginning may 25th bbr will no longer be offered. The bank americard will also have a new OFFER (not a new card) the new offer will be 0% Apr on transactions and bt's for first 15 months, no bt transfer fee in the first 60 days, no penalty apr. people with the old card will not be changed."

At least the existing cards aren't nerfed...yet. It did take a while for Sallie Mae to finally nerf, so eventually, I wouldn't be surprised if BBRs face the same end. I was debating going for a 3rd BBR before the apps close, but then I question if I want to get stuck with 3 BofA accounts that won't be of much use to me instead of 2, at least based on current BofA offerings.

Re: BBR Discontinued New Info

newhis — Tue, 16 May 2017 19:45:39 GMT

Yes, I remember Sallie Mae every time I go to Walmart.

First- no new apps, then- forced PC.

I don't need/want a new card hit, HP hit, AAoA hit for maybe $120 or so.

Re: BBR Discontinued New Info

happypill — Tue, 16 May 2017 20:09:33 GMT

Sometimes cards are allowed to stick around indefinitely after they are closed to new applications. I think some people still have Amex Zync and Citi Foreward cards and those have been off the market for years. I'm hoping the BBR sticks around a good long time. RIP to the Sallie Mae.

Re: BBR Discontinued New Info

DeeBee78 — Tue, 16 May 2017 22:58:21 GMT

@happypill wrote:
Sometimes cards are allowed to stick around indefinitely after they are closed to new applications. I think some people still have Amex Zync and Citi Foreward cards and those have been off the market for years. I'm hoping the BBR sticks around a good long time. RIP to the Sallie Mae.

Amex doesn't really get rid of cards after they discontiue them. You still have people with the original Clear, the original Blue, and even the Optima (not Oasis) card. Our CEO has an Optima from 1991.

Re: BBR Discontinued New Info

Anonymous — Tue, 16 May 2017 23:19:16 GMT

@happypill wrote:
Sometimes cards are allowed to stick around indefinitely after they are closed to new applications. I think some people still have Amex Zync and Citi Foreward cards and those have been off the market for years. I'm hoping the BBR sticks around a good long time. RIP to the Sallie Mae.

Yes, but with the forward the benefits were nerfed. (i dont think you can still add packs to the zync like you could in the past) If you take a few steps back things really aren't so bad. I mean yes, it looks like some of the fat is being trimmed, but there are still lots of offers/options out there.

If I would not have recently opened the merrill+ in december and the propel in march, I would probably consider going for a single BBR. However I have my eyes on the fifth third trio $350 targeted bonus. I am not targeted yet but hoping to be!

Still a sad moment to see this card go. But honestly, $120 a year you can easily obtain from couponing and/or from another bank bonus. Time for Themanwhocan to find us a replacement!

Re: BBR Discontinued New Info

Kenny — Wed, 17 May 2017 07:18:01 GMT

BoA has always been great about allowing people to keep their old varieties of their cards.

Re: BBR Discontinued New Info

Anonymous — Wed, 17 May 2017 12:27:26 GMT

Thanks for the heads up!

Re: BBR Discontinued New Info

Anonymous — Wed, 17 May 2017 16:57:52 GMT

@DeeBee78 wrote:
@happypill wrote:
Sometimes cards are allowed to stick around indefinitely after they are closed to new applications. I think some people still have Amex Zync and Citi Foreward cards and those have been off the market for years. I'm hoping the BBR sticks around a good long time. RIP to the Sallie Mae.
Amex doesn't really get rid of cards after they discontiue them. You still have people with the original Clear, the original Blue, and even the Optima (not Oasis) card. Our CEO has an Optima from 1991.

DH still has the Clear.

Re: BBR Discontinued New Info

Anonymous — Wed, 17 May 2017 17:00:01 GMT

Thanks for the information OP.

Re: BBR Discontinued New Info

Anonymous — Wed, 28 Jun 2017 07:01:45 GMT

@Anonymous wrote:
DH is a CSR suprovisor for BOFA and he just texted what they told the CSRs today about it.

"Beginning may 25th bbr will no longer be offered. The bank americard will also have a new OFFER (not a new card) the new offer will be 0% Apr on transactions and bt's for first 15 months, no bt transfer fee in the first 60 days, no penalty apr. people with the old card will not be changed."

Can you ask if they intend a new card at any time to replace this one? I'm looking to get back with BOA in the not so distant future, and upon looking at the website last night, was not particularly drawn to anything. It looks like I missed out on the one card of theirs that folks on here seem to talk about a lot(at least from what Ive noticed)? Any reason why they are ditching an apparently popular card?

Re: BBR Discontinued New Info

AverageJoesCredit — Wed, 28 Jun 2017 12:10:08 GMT

People have been taking advantage of its well advantages and possibly some abusing it, my opinion I think the card that seems to be replacing it is the one offering 0% Bt fee within 1st 60 days, i believe the 321 card though i could be incorrect. This card is featured on their homepage. I have one , BBR, i love it for its easy BT offers, plus theyve given me a 10k limit, the quarterly bonus is well just an added bonus for me. I dont try to leavve like a couple bucks on it to score the bonus as some do but am glad to have gotten it before it went bye bye

Re: BBR Discontinued New Info

Anonymous — Thu, 29 Jun 2017 06:34:35 GMT

Nothing new at this time. The tagline of the BBR was, "pay down your balances faster." Which seems to suggest it was intended as a balance transfer card primarily. They added a new deal to the regular Bankamericard to make it a proper balance transfer card like the Chase Slate. 0% transfer fee in the first 60 days. If they have plans for a new card, they aren't talking about it yet.

Re: BBR Discontinued New Info

Anonymous — Thu, 29 Jun 2017 09:39:54 GMT

Thanks Fluffybubbles, I appreciate that info. Can you, or AverageJoesCredit or anyone tell me what this alleged "taking advantage" of the card was, and what BBR even stands for? I'm kind of bummed I missed out on it if its a card that actually seems useful, as it seems to be?

I have been waiting a good long time to apply for BOA though, because I IIBed them for a rather hefty sum, although I paid them a large payment for years before finally giving up. I know it's not your DH's department, but any chance he could find out how long before a person who has IIBed them has to wait to apply for an unsecured(or even secured) card? I normally dont like asking for favors, but I'd be super grateful if you could find out. My credit scores range from the 730s to 750s now, so it's the time element I really need to focus on. Ive tried the prequal online, but just get a recommendation...although I think Ive only gotten preuals on 2 sites ever.

I'm considering starting an IIB getting back in master thread(already mentioned it in another thread), and such information would be invaluable. I've been searching for it separately for 3 companies for the last week or so, and it's not been very productive for the amount of time spent.