The customers of the Bank of America very satisfied with its standard services now have yet another reason to be happy about – the organization has bought for them the Bank of America – Financial Rewards Visa Platinum Plus credit card that provides special reward incentives.
Features Of The Card
The credit card comes without any annual fee. The card allows a 0% introductory annual percentage rate (APR) on the balance transfers and purchases for the initial six billing cycles. However, with the termination of the introductory period, the APR for balance transfers and purchases remain affordable and reasonable. There are no balance transfer fees.
Remember, you will lose your introductory rate if you happen to be late with a payment or exceeded your credit limit.
Benefits Offered By The Card
The Bank of America – Financial Rewards Visa Platinum Plus enables you to earn a maximum of $ 600 a year in cash back, based on the purchases you make using your card.
On making the first purchase using the credit card, you will receive 5 reward points to begin with. Thereafter, for spending every $ 100 on your card each billing cycle, you will be learning one point. You can also opt for transferring a $ 2500 balance for acquaining 5 bonus points.
Your points can be traded at the rate of obtaining one dollar per reward point. The points do not expire before the five years time-period. The card provides you the option to make a choice between being mailed a check for the cash back rewards or depositing the money directly in the Bank of America – Financial Rewards Visa Platinum Plus account.
The card can be used for your daily purchases enabling you to benefit from the maximum cash back rewards pretty soon. It is better to make your payments on time instead of incurring huge interest fees and finance charges.
The card also comes with platinum level benefits, like travel as well as emergency assistance, online banking services, cash advance checks at no extra fees, auto rental insurance, total security protection, additional account cards for no extra fees and purchase replacement coverage.
The card further has the facility of utilizing the online account manager for saving money and time and for scheduling payments online. You can also view your past payments, check on the unbilled activity and view the next payment date.
The cardholder will also enjoy benefits and facilities, like total security protection package.
The Bank of America – Financial Rewards Visa Platinum Plus brings some other benefits for the cardholder, which includes no liability for unauthorized card usage, security features, purchase protection, and more.