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Bank of America Accelerated Rewards Card

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CruzImperial
Established Contributor

Bank of America Accelerated Rewards Card

Bank of America® Accelerated Rewards® Card

 

https://www.bankofamerica.com/credit-cards/products/cash-back-rewards-credit-card.go

 

I am interested in this card and may want to give it a shot in the next app spree. Since It´s a Bofa card, I am curious as to whether it follows the Amex x3 CL after 61 days process or instead goes according to Bofa´s policies of HPs every X months?

 

Any info on this?

Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

Cap One Journey 500 | Discover IT 500 | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCE 6k | Citi Forward 4.2k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 8.5k | Discover Walmart 7.5k | Barclays Apple 2.5k | BoA CR 2.7k | CSP 7.2k | Platinum Prestige 5k | IT Chrome 4k | Slate 2.3k |
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5 REPLIES 5
trumpet-205
Valued Contributor

Re: Bank of America Accelerated Rewards Card

It follows BofA policy, 99.99% CLI = HP.

 

It also means no backdating. This particular AMEX card is really not worth it, since each point is worth less than a penny.

Message 2 of 6
CruzImperial
Established Contributor

Re: Bank of America Accelerated Rewards Card

Thank you trumpet, I was kind of expecting the worst hehe

 

Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

Cap One Journey 500 | Discover IT 500 | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCE 6k | Citi Forward 4.2k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 8.5k | Discover Walmart 7.5k | Barclays Apple 2.5k | BoA CR 2.7k | CSP 7.2k | Platinum Prestige 5k | IT Chrome 4k | Slate 2.3k |
Message 3 of 6
jsickz32
Valued Contributor

Re: Bank of America Accelerated Rewards Card

I have this card. Its true about the points but its a sweet looking card...looks like a carbon fiber card.
Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)
Message 4 of 6
Anonymous
Not applicable

Re: Bank of America Accelerated Rewards Card

Only cards issued by Amex follow the 61 day rule, if it's issued by somebody else but just uses the Amex payment network, it follows the other lender's rules.

Message 5 of 6
Smug
Established Contributor

Re: Bank of America Accelerated Rewards Card

Nice card just changed mine to a 321 signuture card
Experian® 808/Equifax® ?/TransUnion® 810
Baddies Experian® clean/Equifax® 1/TransUnion® Clean
Last CLI 6-13-2013
Total Credit $121,190.00
Goal 780!
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