y****i
发帖数: 17878 | 1 Someone asked me why I chose to apply for BankAmericard Travel Rewards®
Credit Card with only 15,000 bonus points offer.
I thought it was quite obvious, but you do need all three ingredients to
maximize the value.
1. earn 1.5 points for every $1 you spend
https://www.bankofamerica.com/credit-cards/products/bankamericard-travel-
rewards-credit-card.go
2. with Platinum Honors status (for example, $100K+ in Merrill Edge), you
get 75% credit card Rewards Bonus, now you earn 2.625% on anything
http://info.bankofamerica.com/preferred-rewards/
3. transfer points to FIA AMEX card, and use Worldpoint Premium Air Rewards,
each point has a max value of 1.6c
http://milenomics.com/2014/04/the-best-travel-cash-back-card/
So, up to 4.2% without annual fee, which is pretty sweet. |
e***a
发帖数: 1982 | 2 thanks！
174;
【在 y****i 的大作中提到】
: Someone asked me why I chose to apply for BankAmericard Travel Rewards®
: Credit Card with only 15,000 bonus points offer.
: I thought it was quite obvious, but you do need all three ingredients to
: maximize the value.
: 1. earn 1.5 points for every $1 you spend
: https://www.bankofamerica.com/credit-cards/products/bankamericard-travel-
: rewards-credit-card.go
: 2. with Platinum Honors status (for example, $100K+ in Merrill Edge), you
: get 75% credit card Rewards Bonus, now you earn 2.625% on anything
: http://info.bankofamerica.com/preferred-rewards/
|
y********e
发帖数: 1027 | |
d*******a
发帖数: 30 | 4 You will earn 3 points per dollar (consisting of 1.5 bonus points and 1.5
base points) for the first $6,000 in airline purchases (up to 9,000 bonus
points) made at the Bank of America Travel Center each calendar year. All
other purchases made at the Travel Center, excluding insurance purchases,
will receive 3 points per dollar with no limit on bonus points.
请老于看一下terms里面是不是也有这条？
目前常规bonus只有10000点。。而且一般人也没法在BOA砸100K嘛。普通帐户的话每刀
消费回报是2.64%。。
叹口气，慢慢修炼了。。。 |
y****u
发帖数: 831 | |
t****3
发帖数: 2799 | |
x***g
发帖数: 454 | |
L**J
发帖数: 606 | 8 interesting! did you actually make the 3 work? I looked at the travel
rewards card before and concluded it was not a worldpoint product and thus
couldnot transfer.
174;
【在 y****i 的大作中提到】
: Someone asked me why I chose to apply for BankAmericard Travel Rewards®
: Credit Card with only 15,000 bonus points offer.
: I thought it was quite obvious, but you do need all three ingredients to
: maximize the value.
: 1. earn 1.5 points for every $1 you spend
: https://www.bankofamerica.com/credit-cards/products/bankamericard-travel-
: rewards-credit-card.go
: 2. with Platinum Honors status (for example, $100K+ in Merrill Edge), you
: get 75% credit card Rewards Bonus, now you earn 2.625% on anything
: http://info.bankofamerica.com/preferred-rewards/
|
y****i
发帖数: 17878 | 9 yes, terms have this regarding BofA travel center purchases
15,000 pts is a targeted offer
$100K+ gives you 100 free trades per month
【在 d*******a 的大作中提到】
: You will earn 3 points per dollar (consisting of 1.5 bonus points and 1.5
: base points) for the first $6,000 in airline purchases (up to 9,000 bonus
: points) made at the Bank of America Travel Center each calendar year. All
: other purchases made at the Travel Center, excluding insurance purchases,
: will receive 3 points per dollar with no limit on bonus points.
: 请老于看一下terms里面是不是也有这条？
: 目前常规bonus只有10000点。。而且一般人也没法在BOA砸100K嘛。普通帐户的话每刀
: 消费回报是2.64%。。
: 叹口气，慢慢修炼了。。。
|
y****i
发帖数: 17878 | 10 100 free trades per month + $250 bonus
https://www.merrilledge.com/cmaoffer?oc=1-ab831g
【在 y****u 的大作中提到】
: 要有100K。。。。BOA的投资有百分之几？
|
|
|
y****i
发帖数: 17878 | 11 yes, you can transfer the points between this card and FIA
you can even transfer the points to another person as long as you have his/
her credit card number
【在 L**J 的大作中提到】
: interesting! did you actually make the 3 work? I looked at the travel
: rewards card before and concluded it was not a worldpoint product and thus
: couldnot transfer.
:
: 174;
|
j****2
发帖数: 759 | 12 How long will the free trades benefit last?
【在 y****i 的大作中提到】
: 100 free trades per month + $250 bonus
: https://www.merrilledge.com/cmaoffer?oc=1-ab831g
|
y****i
发帖数: 17878 | 13 as long as you are in this tier
30 free trades for $50,000+
【在 j****2 的大作中提到】
: How long will the free trades benefit last?
|
s*******2
发帖数: 2898 | 14 but if you only buy VGC, you still cannot make money.
【在 y****i 的大作中提到】
: Someone asked me why I chose to apply for BankAmericard Travel Rewards®
: Credit Card with only 15,000 bonus points offer.
: I thought it was quite obvious, but you do need all three ingredients to
: maximize the value.
: 1. earn 1.5 points for every $1 you spend
: https://www.bankofamerica.com/credit-cards/products/bankamericard-travel-
: rewards-credit-card.go
: 2. with Platinum Honors status (for example, $100K+ in Merrill Edge), you
: get 75% credit card Rewards Bonus, now you earn 2.625% on anything
: http://info.bankofamerica.com/preferred-rewards/
|
M***M
发帖数: 923 | 15 感觉citi prestige+forward秒杀
【在 y****i 的大作中提到】
: Someone asked me why I chose to apply for BankAmericard Travel Rewards®
: Credit Card with only 15,000 bonus points offer.
: I thought it was quite obvious, but you do need all three ingredients to
: maximize the value.
: 1. earn 1.5 points for every $1 you spend
: https://www.bankofamerica.com/credit-cards/products/bankamericard-travel-
: rewards-credit-card.go
: 2. with Platinum Honors status (for example, $100K+ in Merrill Edge), you
: get 75% credit card Rewards Bonus, now you earn 2.625% on anything
: http://info.bankofamerica.com/preferred-rewards/
|
y****i
发帖数: 17878 | 16 this BofA combo is for non-bonus category spending
【在 M***M 的大作中提到】
: 感觉citi prestige+forward秒杀
|
c****g
发帖数: 37081 | 17 擦，门槛很高。How to transfer the points between this card and FIA? |
k*****t
发帖数: 333 | 18 thank you laoyu.
Actually you do not need to invest in Merrill Edge, as far as I know, you
only need to keep an average balance of 100k or 50k in your boa account(
checking + saving) to qualify for the status. |
t****3
发帖数: 2799 | 19 Search the promotion online, I got $500 bonus for 100K.
【在 y****i 的大作中提到】
: 100 free trades per month + $250 bonus
: https://www.merrilledge.com/cmaoffer?oc=1-ab831g
|
d*******a
发帖数: 30 | 20 达到这个Tier的话，点数超2500就可以1：1兑 现，现金回报率是2.625%，50K+存款是2
.25%，普通帐户1.65%。有50k以上存款，回报率就基本超过2.22%的Arrival+和2-4%的
Flexperks。Arrival只能买票换酒店不能兑 现；Flexperks去做kiva积点可能更快些，
也只能买票，且要换价格接近$400，600，800...这样的票价值最大。 |
|
|
y****i
发帖数: 17878 | 21 yes, there are targeted offers out there, but you can call Merrill up and
ask for a match
$500 for $100,000+ asset transfer
$1,000 for $200,000+
【在 t****3 的大作中提到】
: Search the promotion online, I got $500 bonus for 100K.
|
y****i
发帖数: 17878 | 22 sure, but the problem is that the interest rate is essentially 0%
retirement accounts at Merrill qualify, too.
【在 k*****t 的大作中提到】
: thank you laoyu.
: Actually you do not need to invest in Merrill Edge, as far as I know, you
: only need to keep an average balance of 100k or 50k in your boa account(
: checking + saving) to qualify for the status.
|
y****i
发帖数: 17878 | 23 in either FIA or BofA account, click "view my rewards", you'll be on a page
that has a button that says "transfer points" or "transfer worldpoints"
click on that, enter the credit card account number to check eligibility.
Good news! The account you checked, ***, is eligible for a reward Points
transfer from your account.
Minimum: 1 Points Maximum: 500000 Points
【在 c****g 的大作中提到】
: 擦，门槛很高。How to transfer the points between this card and FIA?
|
y****i
发帖数: 17878 | 24 good summary
had a run with Flexperks by loading redbird at Target
是2
【在 d*******a 的大作中提到】
: 达到这个Tier的话，点数超2500就可以1：1兑 现，现金回报率是2.625%，50K+存款是2
: .25%，普通帐户1.65%。有50k以上存款，回报率就基本超过2.22%的Arrival+和2-4%的
: Flexperks。Arrival只能买票换酒店不能兑 现；Flexperks去做kiva积点可能更快些，
: 也只能买票，且要换价格接近$400，600，800...这样的票价值最大。
|
y****i
发帖数: 17878 | 25 if you really can't keep $100,000+ at BofA, you can still enjoy the status
for 15 months after parking $100,000+ for 3 months
http://info.bankofamerica.com/preferred-rewards/faqs/
How do I qualify?
All you need to qualify is an eligible Bank of America® personal
checking account and a three-month average combined balance of $20,000 in
qualifying Bank of America deposit accounts and/or Merrill Edge® and
Merrill Lynch® investment accounts.
What happens if my qualifying account balances drop after I enroll in
Preferred Rewards?
Even if your balance dips, you'll maintain your Preferred Rewards status for
12 months. If after 12 months you no longer meet the balance requirement,
you'll have a 3-month grace period. If you haven't met the balance
requirement after three months, you'll be moved to a lower tier or lose your
Preferred Rewards benefits.
【在 d*******a 的大作中提到】
: You will earn 3 points per dollar (consisting of 1.5 bonus points and 1.5
: base points) for the first $6,000 in airline purchases (up to 9,000 bonus
: points) made at the Bank of America Travel Center each calendar year. All
: other purchases made at the Travel Center, excluding insurance purchases,
: will receive 3 points per dollar with no limit on bonus points.
: 请老于看一下terms里面是不是也有这条？
: 目前常规bonus只有10000点。。而且一般人也没法在BOA砸100K嘛。普通帐户的话每刀
: 消费回报是2.64%。。
: 叹口气，慢慢修炼了。。。
|
e***a
发帖数: 1982 | 26 不愧是laoyu。。什么都先人一步想到了。。。
【在 y****i 的大作中提到】
: good summary
: had a run with Flexperks by loading redbird at Target
:
: 是2
|
w**d
发帖数: 72 | |
h*****u
发帖数: 690 | 28 FIA amex point换机票很少能找到25K=400$的deal...
而且
Premium Air Rewards—for
Visa Signature® or World MasterCard®
cardholders only
https://www.managerewardsonline.bankofamerica.com/cms/published/root/rps/pdf
/BARWPEnglish.PDF |
y****i
发帖数: 17878 | 29 FIA AMEX works
pdf
【在 h*****u 的大作中提到】
: FIA amex point换机票很少能找到25K=400$的deal...
: 而且
: Premium Air Rewards—for
: Visa Signature® or World MasterCard®
: cardholders only
: https://www.managerewardsonline.bankofamerica.com/cms/published/root/rps/pdf
: /BARWPEnglish.PDF
|
j****2
发帖数: 759 | 30 "$1,000 for $200,000+" - This is great! Best offer I got from other
brokerages were $1,000 for $250,000+.
【在 y****i 的大作中提到】
: yes, there are targeted offers out there, but you can call Merrill up and
: ask for a match
: $500 for $100,000+ asset transfer
: $1,000 for $200,000+
|
|
|
j****2
发帖数: 759 | 31 Saw an offer "5000pts + $100 credit", is that the same as "15,000 pts is a
targeted offer"?
【在 y****i 的大作中提到】
: yes, terms have this regarding BofA travel center purchases
: 15,000 pts is a targeted offer
: $100K+ gives you 100 free trades per month
|
h*****u
发帖数: 690 | 32 好像LA to NYC比较works，并不是没一条航线，每一个出发的城市都work吧
【在 y****i 的大作中提到】
: FIA AMEX works
:
: pdf
|
d*******a
发帖数: 30 | 33 Where did you see this offer? And...is there any tricks to get it? Thank you.
【在 j****2 的大作中提到】
: Saw an offer "5000pts + $100 credit", is that the same as "15,000 pts is a
: targeted offer"?
|
j****2
发帖数: 759 | 34 Saw this when I logged into my BOA account.
you.
【在 d*******a 的大作中提到】
: Where did you see this offer? And...is there any tricks to get it? Thank you.
|
y****i
发帖数: 17878 | 35 points are points, cents are cents
different offers
【在 j****2 的大作中提到】
: Saw an offer "5000pts + $100 credit", is that the same as "15,000 pts is a
: targeted offer"?
|
y****i
发帖数: 17878 | 36 it's not a silver bullet
it's a back up that is nice to have
【在 h*****u 的大作中提到】
: 好像LA to NYC比较works，并不是没一条航线，每一个出发的城市都work吧
|
p**********d
发帖数: 58 | |
j****2
发帖数: 759 | 38 geen card or citizen
【在 p**********d 的大作中提到】
: Merrill Edge有身份才能申吧
|
s*******o
发帖数: 50 | |
t****3
发帖数: 2799 | 40 Has anyone tried this? I got $500 for $100,000. I am thinking whether I
should move money to Barclary online saving. CD in Merrill Lynch is too low.
【在 y****i 的大作中提到】
: if you really can't keep $100,000+ at BofA, you can still enjoy the status
: for 15 months after parking $100,000+ for 3 months
: http://info.bankofamerica.com/preferred-rewards/faqs/
: How do I qualify?
: All you need to qualify is an eligible Bank of America® personal
: checking account and a three-month average combined balance of $20,000 in
: qualifying Bank of America deposit accounts and/or Merrill Edge® and
: Merrill Lynch® investment accounts.
: What happens if my qualifying account balances drop after I enroll in
: Preferred Rewards?
|
|
|
c*****z
发帖数: 3090 | 41 第二条还要等好久才能达标呢
崇拜老余
【在 y****i 的大作中提到】
: Someone asked me why I chose to apply for BankAmericard Travel Rewards®
: Credit Card with only 15,000 bonus points offer.
: I thought it was quite obvious, but you do need all three ingredients to
: maximize the value.
: 1. earn 1.5 points for every $1 you spend
: https://www.bankofamerica.com/credit-cards/products/bankamericard-travel-
: rewards-credit-card.go
: 2. with Platinum Honors status (for example, $100K+ in Merrill Edge), you
: get 75% credit card Rewards Bonus, now you earn 2.625% on anything
: http://info.bankofamerica.com/preferred-rewards/
|
M******M
发帖数: 211 | 42 老余，既然BOA也是WORLD POINT，为什么不直接用点定机票，却转到FIA再定。 |
y****i
发帖数: 17878 | 43 good question
I couldn't figure out a way to do that in BofA online account. Seems like
you can only redeem points to cover travel purchases charged on the card.
【在 M******M 的大作中提到】
: 老余，既然BOA也是WORLD POINT，为什么不直接用点定机票，却转到FIA再定。
|
y****i
发帖数: 17878 | 44 I should have earned $50
hehe
I can confirm that the $30 booking fee is not being charged
http://www.doctorofcredit.com/bank-of-america-worldpoints-a-for
174;
【在 y****i 的大作中提到】
: Someone asked me why I chose to apply for BankAmericard Travel Rewards®
: Credit Card with only 15,000 bonus points offer.
: I thought it was quite obvious, but you do need all three ingredients to
: maximize the value.
: 1. earn 1.5 points for every $1 you spend
: https://www.bankofamerica.com/credit-cards/products/bankamericard-travel-
: rewards-credit-card.go
: 2. with Platinum Honors status (for example, $100K+ in Merrill Edge), you
: get 75% credit card Rewards Bonus, now you earn 2.625% on anything
: http://info.bankofamerica.com/preferred-rewards/
|
e***a
发帖数: 1982 | 45 support laoyu!
You should write more great posts!
【在 y****i 的大作中提到】
: I should have earned $50
: hehe
: I can confirm that the $30 booking fee is not being charged
: http://www.doctorofcredit.com/bank-of-america-worldpoints-a-for
:
: 174;
|
y****i
发帖数: 17878 | 46 too lazy to 码字
I may try to get Fido visa card if they allow product change
up to $470 with visa versus $400 with FIA AMEX
【在 e***a 的大作中提到】
: support laoyu!
: You should write more great posts!
|
e***a
发帖数: 1982 | 47 that's actually a question on my mind....
I'd still rather hold the fid amex version since I don't have other good
universal 2% card....but I know you have boa travel....so it might really
make sense for you, if you don't care about the earning side.
【在 y****i 的大作中提到】
: too lazy to 码字
: I may try to get Fido visa card if they allow product change
: up to $470 with visa versus $400 with FIA AMEX
|
y****i
发帖数: 17878 | 48 my little birdie made me aware of heated discussions going on at moonbbs
regarding the TR card from BofA
LOL
http://www.moonbbs.com/thread-1163307-1-1.html
I'd like to make several clarifications:
1. TR points are worldpoints. points can be transferred between TR card and
FIA AMEX or Visa card
2. no additional 10% bonus
Rewards Totals:
Total Rewards 22,887
Base Rewards 1,649 ($1,649 spending)
Bonus Rewards 21,238 (20,000 bonus + 1,649 x 75%)
3. don't park $100,000 in deposit account that has next to zero interest
rate. put the money in Merrill Edge investment or retirement account
4. up to 100 free equity and EFT trades per month, not $100. |
s*i
发帖数: 1402 | 49 谢老于，放在merril edge的钱必需是money market嘛？还是可以随便买fund或者etf？
and
【在 y****i 的大作中提到】
: my little birdie made me aware of heated discussions going on at moonbbs
: regarding the TR card from BofA
: LOL
: http://www.moonbbs.com/thread-1163307-1-1.html
: I'd like to make several clarifications:
: 1. TR points are worldpoints. points can be transferred between TR card and
: FIA AMEX or Visa card
: 2. no additional 10% bonus
: Rewards Totals:
: Total Rewards 22,887
|
y****i
发帖数: 17878 | 50 equity or ETF, stock or mutual fund, your choice
【在 s*i 的大作中提到】
: 谢老于，放在merril edge的钱必需是money market嘛？还是可以随便买fund或者etf？
:
: and
|
|
|
h******h
发帖数: 1257 | 51 请问老余，要拿到$470必须申那个FIA Visa Signature卡么？
【在 y****i 的大作中提到】
: too lazy to 码字
: I may try to get Fido visa card if they allow product change
: up to $470 with visa versus $400 with FIA AMEX
|
y****i
发帖数: 17878 | 52 seems so
there are rumors that Fido may end relationship with BofA, so may be better
just wait and see for the time being
【在 h******h 的大作中提到】
: 请问老余，要拿到$470必须申那个FIA Visa Signature卡么？
|
