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Bofa Premium Rewards Will Be A Thing Of The Past And Here’s Why | bofa premium rewards

The Bofa Premium rewards card has earned itself a nice reputation in the travel rewards credit card marketplace. With a few offers and a decent rewards program behind it, many people have managed to pull of significant savings. If you are interested in applying for this, though, there are a few things you need to know. Read on to find out more.

What exactly is the preferred rewards program offered with the card? The Premium Rewards Card earned 2x points on general travel and entertainment purchases and 1.5x for other spending. This is a very similar earning structure to that of the Chase Freedom Unlimited, except with a lower multiplier for entertainment purchases. If you are a music lover or movie buff, you will likely find this to be a great cardholder deal. If you prefer to fly often, though, you might consider another credit card with a higher credit limit and a lower interest rate.

What are the limits on the Premium Rewards Cards? As mentioned above, you are only able to earn points with the Premium Rewards Cards when you spend money at a participating restaurant or gas station. They also offer no annual fee and an unlimited credit line. You will earn a different amount of points based on the amount of actual cash spent, so plan your spending carefully. You won't earn nearly as much as you would with the Chase Freedom Unlimited line of credit, but it still has a generous one in their rewards program.

What are the terms of the Bofa Premium Rewards Card? As with any other credit card, the company imposes some charges for the Premium Rewards Cards. In addition to annual fees and foreign transaction fees, they require cardholders to pay a small one-time enrollment fee. There's also a small monthly charge.

What kind of purchases are you able to make with the Bofa Premium Rewards Card? The Bofa Premium Rewards Card is available to cardholders who have at least a good credit rating. They also have a special offer for cardholders with a low balance transfer fee. Cardholders can use the card for gasoline purchases, groceries, and liquor. Yes, even liquor!

Do I have to pay for the Premium Rewards Cards? The only thing you need to pay for with the Bofa Premium Rewards Cards is an annual fee. There's also no annual fee for the security features that accompany the card. All you need to pay for are the benefits offered by the credit card issuer and a one-time enrollment fee.

How do I get the Premium Rewards Cards? You can apply for the Bofa Premium Rewards Card online. Once you've applied, you will be able to see how much cash back points (CPP) you can get each year. If you don't already own a credit card, you can apply for a secured credit card. Secured credit cards generally offer better interest rates and longer grace periods.

So what can you buy with the Bofa Premium Rewards Card? You can buy gasoline for your vehicle, groceries, clothes, and many other everyday items. It's just like using a debit card. Plus, once you've established an account with the company, you will receive your cash rebate check automatically every month.

How do I earn transferable points? The BofA Premium Rewards Card earns one point for each dollar you charge to your account. So if you charge three dollars to your card, you earn one. Each dollar you charge earns two points. The more you charge to your account, the more points you earn.

What are the preferred rewards platinum honors programs? The BofA Premium Rewards Card earns a three-point combination in place of cash, gift cards, and savings account benefits. You can earn one point for every dollar you charge to your preferred credit card, and another three points for any deposit into your preferred savings account. With the combined balance in your account, you earn four points per dollar charged.

Are there any age restrictions? The primary limitation associated with the BofA Premium Rewards Card is that it is only available to cardholders who are age 18 or older. It is also important to note that cardholders must be residents of the United States in order to receive this bonus offer.

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Premium Rewards® Credit Card from Bank of America – bofa premium rewards | bofa premium rewards

Bank of America Premium Rewards Credit Card 3 Review – Forbes  - bofa premium rewards

Bank of America Premium Rewards Credit Card 3 Review – Forbes – bofa premium rewards | bofa premium rewards

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