It could be better.
Approved for this card, application took about 60 seconds and I got instant approval. $1,500 CL (which I was pretty less than impressed by [FICO at 731]). The 20,000 point sign-up bonus is a little less than sub-par for gaining actual points with BoA. However, since this card comes with No Foreign Transaction Fees with NO AF and has the worldwide acceptance of being a Visa card, it's really a no-brainer to get for someone who travels out of the country or travels in general very rarely. Card looks a little more impressive in person than it does in the pictures, quite a nice shine to the card.
One other downside is the amount of time it took to receive the card in the mail. BoA does not offer credit card numbers after approval so you must wait for the physical card to come in the mail. The website advertises 7-10 business days, which I laughed at and knew wouldn't be true with my history of receiving other cards much quicker than that. However, 10 business days later, this card arrived in the mail. Yes, 10 full business days. Which, depending on the day you're approved in the week could put you at almost 2 full weeks without having your card (which will also count against you spending days that you can contribute to your sign-up bonus since the bonus is given 90 days AFTER ACCOUNT OPEN; that means when you get approved not when you get the card in the mail).
The sign-up bonus isn't really a whole lot of spending but I can see how that would be a problem for people to obtain having missed almost two weeks in just receiving the card.
TL;DR - Fast approval, baby credit limit, sub-par sign-up bonus, no AF, no FX fees, card takes forever to get in the mail.
Greta Travel Rewards Card
I've had this card for a year and it has already paid for my vacation to NYC on July1. I love the app! I have the security settings configured to alert me with any phone or online purchase, and any purchase over $20. I never keep a balance so I could care less about the interest rate. I put absolutely everything on this card and I pay the balance weekly. I have had to contact customer service one time, sure, I had to jump hoops to get the right person, but my question was answered. So I have no problem with this Bank. They have paid for my well deserved vacation to Times Square NY and I appreciate it. Pretty cool when you can use someone else's money on a daily basis and get paid for it! Have a 830 credit score and no problem getting a more than generous credit limit.
Simply the worst
Bank of america is the worst bank ever! the worst customer service and policies
Must have for Preferred Rewards clients
This card is a must have, non-bonus category spend card for any BoA Preferred Rewards clients. The 75% bonus yields 2.625% "cash back" on all purchases, unparalleled for non-bonus spend. As long as you make a qualifying travel purchase or two each year against which to offset the rewards, you will always find value in this card. It does lack some benefits like purchase protection, price protection, or extended warranty, but for everyday purchases this card can't be beat. The bonuses are usually rather generous, $200 equivalent, but the PR bonus does not apply to the sign-up bonus. Approved for a $18k limit with a CK score in the 800's.
Good Intro Credit Card
First credit card I got in college, specifically for study abroad. Kept since.
To redeem points: Must use 2,000 points at once ($20 minimum) which is not a big deal. The 20,000 bonus is therefore $200 credit. Points are used on qualified purchases (basically anything travel related). Can use mobile banking app to redeem and redeem partially i.e. $300 purchase, apply 20,000 points.
No FX is nice, especially when a lot of foreign purchases will offer to convert it for you (rate is always worse than BoAs). However, no FX is pretty standard today.
I plan on getting another card to replace it simply because points are not earned for everyday use. Will likely replace with Amex Gold, Barclaycard or Chase Sapphire
My advice, get the Chase Sapphire.
Chase Sapphire has better travel insurance applied to their card. However, Amex has better transfer partners (Delta and JetBlue).
It does not have proper protection.
I was in Paris and when I checked out of my hotel, they made a $18,000.00 error in the bill. I was not contacted and they allowed the charge. It was even over my limit. Now I am fighting a battle with disputing the charge When it is over, I plan to cancel the card. Be careful!!!!!
$18000??!! That's quite the "error"!! I am the GM of a few hotels and that is not just your normal everyday billing error, I would be fuming!!
best card.
Great Travel Credit Card
I have had the credit card for six months and it has been great. Enjoy the rewards plus the bonus when you book through B of A website.
Simple and Easy
Application took about 2 minutes. Approved with $1200 limit. Doubled after about 9 months.
Perfect card with no annual fee
I was approved for this card in November of 2016 with a credit limit of $1,000 As at the time of my approval my credit history was about 5 months. A month later my CL was increased to $1,600. I recently traveled to the Caribbean with my girlfriend , we used this card for all the travel expenses with no problems. I would definitely recommend this card to anyone who wants the benfits of a travel reward credit card but does not want to pay annual fee.
Did you have to request the increase, or did BOA automatically do it?
I have to request an increase.
Awesome card to have in your wallet
This is my second card with BOA and I love them both. I got approved for this right away with roughly a 700 score across the board
How much were u approved for