Royal Caribbean® Bank of America® Credit Card
- What type of card is it? Travel Rewards Card / Rewards
- Who is it for? Card for the average citizen interested in redeeming points for miles on Royal Caribbean cruises
This credit card is ideal for lovers of cruises. You can choose to choose it as your first credit card since it does not have an annual maintenance fee, that is, it is No Fee. Among its main characteristics we have:
- Variable purchase APR between 16.49% – 24.49%
- No Fee, the annual maintenance fee is $ 0
- Rewards available. Earn up to 2 MyCruise points for every $ 1 spent on eligible purchases with Royal Caribbean ® Celebrity Cruises ® and Azamara ®
- Additional bonuses. Earn 1 point in MyCruise for every $ 1 spent on all other purchases.
- You can redeem all your points on board, either for cabin upgrades or cruise vacations on Royal Caribbean ® Celebrity Cruises ® and Azamara ®
- You will get discounts of up to $ 50 in the Royal Caribbean Air2Sea program after making purchases over $ 3,500 during the first three months of account opening. This promotion is not eligible for students.
Sonesta World Mastercard® Bank of America® Credit Card
- What type of card is it? Travel Rewards Card / Rewards / Low Fee
- Who is it for? Card aimed at the average citizen looking for a Low Fee credit card and that at the same time generates various benefits.
This credit card is ideal for the average traveler who does not want to spend large amounts on their line of credit. As a gift, you will get $ 0 APR during the first year of using your card. Its main characteristics are:
- Annual Fee of $ 74 after 15 months of use.
- APR for purchases between 14.49% – 24.49% (variable)
- Reward system available. You can earn up to 3 points on eligible Sonesta purchases, plus 2 points on eligible airline tickets, car rentals, and meal purchases and 1 point for every $ 1 spent on all other purchases.
- Extra bonuses of up to 60,000 bonus points after spending at least $ 1,000 on purchases within the first three months of account opening.
- The bonus of 30,000 points per anniversary on purchases of more than $ 7,500 throughout the year.
- You’ll get an immediate upgrade to Sonesta Travel Pass Elite membership after card approval.
Business Advantage Travel Rewards Bank of America® Credit Card
- What type of card is it? Rewards / Small Business Card
- Who is it for? A special card for those who want to start their own business
It is the first card for small businesses that we present to you. This product has several benefits such as extended lines of credit and airline miles (ideal for recurring travelers). Among its main benefits we have:
- Earn unlimited 1.5 points for every $ 1 spent on all purchases everywhere.
- Earn 3 points for every dollar spent on travel purchases (car, hotel, airline) booked through the Bank of America® Travel Center.
- Get 75% more points in the base profit of every purchase you make when you are a member of the Preferred Rewards for Business Platinum Honors level. That means you will earn 2.62 points on all purchases and 4.12 points for every $ 1 you spend at Bank of America ®
- 0% introductory purchase APR on purchases for the first 9 months of account opening.
- No Fee, that is, no annual maintenance fee.
Business Advantage Cash Rewards Bank of America® Credit Card
- What type of card is it? Cash Back / Small Business Card
- Who is it for? Business credit card with cash rewards system (Cash Back)
This product is ideal for the average consumer who is starting their own business. By acquiring this credit card and making your purchases, you accumulate points for cash back, as well as discounts in selected stores. Its main benefits are:
- Insured Cash Back. You’ll get a 3% rebate in one of the following six categories: Service Stations (default), Office Supply Stores, Travel, TV / Telecom & Wireless, Computer Services, or Business Consulting Services.
- Reward bonuses. You will get 3% and 2% cashback for the first purchase exceeding $ 50,000 in combined category purchases.
- You’ll get 75% more cashback on every purchase when you’re a Preferred Rewards member for Business Platinum Honors.
- Introductory 0% APR on purchases for the first 9 billing cycles, upon expiration of the time limit the APR will be from 13.74% to 23.74%.
- No Fee, no annual maintenance fee
Alaska Airlines Business Bank of America ® Business Credit Card
- What type of card is it? Travel / Small Business Card
- Who is it for? Business credit card with mileage rewards system and benefits from various trips
This product is ideal for the recurring traveler who has his own business. It is important to mention that the annual maintenance fee (Fee) is $ 80, therefore, it is one of the most expensive that Bank of America has. Its main benefits are:
- Earn 2 miles for every $ 1 spent on Asiana Airlines ticket purchases
- Earn 1 mile for every $ 1 spent on all other purchases
- Two annual statement Cash Back, valued at $ 100 toward the purchase of qualifying Asiana Airlines tickets.
- $ 80 annual maintenance fee
- 14.74% APR on purchases (No introductory APR)
Platinum Plus® Mastercard ® business card
- What type of card is it? Small Business Card
- Who is it for? A business credit card does not have an annual maintenance fee, making it the ideal option for the average businessman.
This is the favorite credit card in the Business Cards category. The reason for its popularity is the savings in interest and of course, its zero annual maintenance, that is, No Fee. Next, we show you the main characteristics of this card, which are:
- Save on interest with a competitive APR
- 0% introductory APR on purchases for the first 7 months after account opening. After that, the APR is calculated between 11.74% and 22.74%
- Get employee cards at no additional cost.
- Annual maintenance fee (Fee) of $ 0
Other Bank of America Credit Cards are:
- Norwegian Cruise Line Card (Travel Card / Rewards)
- Celebrity Cruises® (Travel Card / Rewards)
- Alaska Airlines Business Card (Travel Card / Small Business Card)
- Air France KLM World Elite Mastercard® (Travel Card / Rewards)
- Virgin Atlantic (Travel Card / Rewards)
- World Wildlife Fund (Cash Back Card / Rewards)
- MLB ® (Cash Back Card / Rewards)
Bank of America Rewards Program
This program begins when you accumulate a total of $ 20,000 in assets, either in investment accounts, checking or savings accounts, that are eligible from Bank of America, Merrill Edge, and Merrill Lynch.
On the other hand, this Bank of America rewards program works on multiple tiers. That is, when you have more than $ 50,000 in assets, you immediately qualify at the Platinum level, and with a total of $ 100,000, you qualify for the Platinum Honors level of Preferred Rewards. An example: If you reach the average daily balance of $ 100,000 for three months, you will automatically go to the Platinum Honors level the following month. It is important to mention that the levels are maintained for a full calendar year. After that time has elapsed, if your current balance has decreased, you will lower your level.
The main benefits of this program are:
- Money market savings interest rate increase of 5% 10% and 20%
- 25% 50% and 75% Credit Card Rewards Bonus
- Mortgage fee reduction valued at $ 200 $ 400 and $ 600
- Discount on auto loan interest rate of 0.25% 0.35% and 0.50%
- Banking services free of charge (Included in all three levels)
- Customer Service Priority (Included in all three levels)
- Free transactions at non-Bank of America ATMs, Merrill Edge $ 0 ETFs, and Equity Trades
To maximize Preferred Rewards, you must be eligible for the 75% credit card rewards bonus. All credit cards offered at Bank of America earn between 1 and 1.5 points on all purchases you make with them. The points earned on the cards will be doubled depending on the type of credit card you choose. A gift card and Cash Back rewards will have a lower value at the time of redemption, being 0.80 cents per point. Finally, the points awarded by the Preferred Rewards system do not expire while your card is active, and your account is in constant motion.
