What is a Platinum Card Bank of America?

What is a Platinum Card Bank of America?

The Bank of America® Platinum Plus® Mastercard® Business credit card is a bare-bones credit card with minimal benefits. Some business owners may find the welcome bonus and introductory APR attractive. The card does not earn rewards on your purchases and charges a 3% foreign transaction fee when used internationally.

Does Bank of America have a platinum credit card?

The Bank of America Platinum Plus Mastercard Business card provides no rewards, but does offer an unusually low APR for those that qualify. The card has no annual fee and offers both a cash bonus and 0% APR introductory offer.

How do I qualify for Platinum Privileges Bank of America?

To enroll in the Preferred Rewards program you must have an active, eligible Bank of America personal checking account and maintain a qualifying balance of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or $100,000 for the Platinum Honors tier in your combined qualifying Bank of America deposit …

How do you become a preferred member at Bank of America?

To become a Preferred Rewards member you will need:

  1. An active, eligible Bank of America checking account.
  2. A three-month combined average daily balance of $20,000 or more in qualifying Bank of America deposit accounts and/or Merrill® investment accounts.

How can I get Bank of America to waive a fee?

Here are five ways to avoid Bank of America’s monthly fees:

  1. Maintain a Minimum Balance. Here are the minimum balances required to qualify for a fee waiver:
  2. Have Qualifying Direct Deposits.
  3. Link Your Bank of America Accounts.
  4. Enroll in the Preferred Rewards Program.
  5. Qualify for the Student Waiver.

How do you get unlimited black card?

How Do I Get an American Express “Black Card”?

  1. Use other Amex cards.
  2. Be an active cardholder for at least a year.
  3. Charge at least $250,000 per year (though some estimates are as high as $450,000)

What is a plus platinum card?

Platinum Plus Credit Card with UHFCU Get rewarded for the things you buy most. The UHFCU Visa Platinum Plus Credit Card offers an easy way to get rewards on every purchase, not to mention a low fixed rate of 8.50% APR and no annual fee.

What is above platinum honors Bank of America?

Here’s a look at the requirements for each of the Bank of America Preferred Rewards program tiers: Gold: $20,000 to $49,999 three-month average combined balance. Platinum: $50,000 to $99,999 three-month average combined balance. Platinum Honors: $100,000 or more three-month average combined balance.

How much money do you need to keep in your Bank of America savings account?

What is the minimum balance required for Bank of America? The minimum balance required for the Bank of America savings account is $500 per day. It means that the balance posted in the account at the end of every day must be $500 or more in order to waive the monthly fee.

How much money do I need to keep in my Bank of America checking account?

Bank of America Core Checking Account has a $12 Monthly Maintenance fee which is waived with at least 1 direct deposit of $250 each month or maintain a minimum daily balance of $1,500 or more.

What are the best Bank of America credit cards?

  • Is the Bank of America cash rewards a good card?

    The Bank of America Cash Rewards credit card can be a good choice for someone seeking a credit card for everyday purchases. It’s also one of the best first credit cards for first-timers . The card comes with no annual fee, and new cardholders currently receive a $200 online cash rewards bonus after making at least $1,000 in purchases within

    What is the preferred rewards program for Bank of America?

    Bank of America Preferred Rewards is a rewards program that offers qualified clients extra benefits and rewards on everyday banking. There are 3 tiers in the Bank of America Preferred Rewards program: Gold, Platinum and Platinum Honors. Your tier is based on your qualifying combined balances in your Bank…

    Does Bank of America offer 2nd Chance banking?

    There are even some big banks like Wells Fargo and Bank of America who offer second chance banking. Prepaid Debit Cards – A prepaid debit card acts very similarly to a regular debit card. The difference is you usually do have to pay a monthly fee of a few dollars.