Adam Jusko of ProudMoney.com (ProudMoney.com) gives a thumbs-up to upcoming changes to the Bank of America Cash Rewards credit card, including your choice of 3% categories such as online shopping, travel, more.
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Will this count towards online payments? Like Hulu & Netflix subscriptions? Phone bills etc?
Yeah I get that the 3% can turn into 5.25% with $100k with them. But I can promise you that if you have your investments with any of the big 4 Monster Banks your getting ripped off so badly. Bank Of America is making way more off of you for investing with them with their high fees and in turn can give you the effective 5.25%. Please don't fall for their crap. If you got money setting around put it in an online bank an actually earn interest on it, ex Capital One 360, or Ally, Bank of America pays you a fraction .1% for saving money with them.
If you have the ability to transfer an IRA worth 200k, you can get a $900 bonus. PS You need a 100k for Platinum status.
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Awesome, I was considering getting this card anyways. An eventual 5.25% on online shopping is a game changer.
Any news on the 3% foreign-transaction fee? I wish they would eliminate it
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Platinum rewards turns the 3% into 5.25%! (100k combined assets)
Where did you find that info? Thank you for sharing
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Was just approved for this card Friday!!
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Great video! I have this card and that’s exciting news.
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