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🔗 Doctor of Credit Blog Post 1: https://www.doctorofcredit.com/rumor-bank-of-america-to-launch-new-credit-card-platinum-rewards-elite/
🔗 Doctor of Credit Blog Post 2: https://www.doctorofcredit.com/bank-of-america-elite-visa-infinite-card-coming-in-november-550-annual-fee-300-airline-incidental-150-lifestyle-credits-more/
It’s rumored that a brand-new Bank of America credit card will be coming out on November 22, 2021 and will be called the “Bank of America Elite Visa Infinite.” It clearly seems like a direct competitor to the Chase Sapphire Reserve and U.S. Bank Altitude Reserve.
Here are the rumored details per Doctor of Credit / Reddit:
– Welcome Bonus: TBD
– Annual Fee: $550
– $150 Lifestyle Credit: Covers charges for things like streaming services, food delivery services, fitness subscriptions, and rideshare services
– $300 Air Incidental Credit: Covers charges for airfare-related expenses (excluding the cost of your ticket), including: seat upgrades, baggage fees, in-flight services, and airline lounge fees
– 20% Airfare Savings: Provides a discount on domestic & international flights when paying with points via the Bank of America Travel Center or Concierge. Valid on any class of airfare
– Up to $100 in statement credits to cover the application fees for Global Entry or TSA PreCheck. Available every 4 years
– Earning Rates (points): 2X Travel | 2X Dining | 1.5X Other Purchases
– Eligible for Bank of America Preferred Rewards program benefits, including earning an extra 25% – 75% more points on every purchase. This means you could earn up to 3.5 points on travel and dining, and up to 2.62 points on all other purchases for each $1.00 spent
– Redeem Points: Travel, cash back, statement credit, distinctive experiences or gift cards
– Airport Lounge Access: Complimentary Priority Pass Select membership
– NetJets partnership: Purchase or redeem points for flight time, complimentary upgrades and other perks
– 24/7 Concierge services to book travel, dinner reservations, event tickets and more
– Visa Infinite benefits, including the Luxury Hotel Collection
– No foreign transaction fees
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#creditcards #bankofamerica #elitevisainfinite