While this isn't the most exciting credit card bonus out there, it is a very good bonus on a card that many people don't have, with a reasonable spend requirement. Furthermore, this card has the potential to be one of the best cash back credit cards if you have sufficient assets with Bank of America, you can earn the equivalent of a 2.625% return on your everyday spending.
Do you plan on picking up the Bank of America Premium Rewards Card?
@Lucky, do you know if investment/retirement accounts at Merrill Lynch count as BOA deposits or do they have to be with the commercial bank?
They count if they are linked to your checking account profile. Their phone agents can make that happen. However, a checking account is required in order to enroll in the rewards program.
I will say, please bring more of this content. Point deflation has gotten out of control with our domestic carriers, and I'm actively looking to diversify into cash rewards programs.
@Andrew, thanks for the detailed info. Longtime Merrill customer, but have never had a retail banking relationship with BOA.
@Lucky, do you know if investment/retirement accounts at Merrill Lynch count as BOA deposits or do they have to be with the commercial bank?
They count if they are linked to your checking account profile. Their phone agents can make that happen. However, a checking account is required in order to enroll in the rewards program.
@Andrew, thanks for the detailed info. Longtime Merrill customer, but have never had a retail banking relationship with BOA.
I will say, please bring more of this content. Point deflation has gotten out of control with our domestic carriers, and I'm actively looking to diversify into cash rewards programs.