Unlimited Cash
Rewards
Rewards
What is the annual fee for the Unlimited Cash Rewards?
$0
What are the categories the client can choose from to earn 3% cash back, on a Bank of America Customized Cash Rewards credit card?
Gas
Online Shopping
Dining
Travel
Drug Stores
Home improvement and Furnishings
What is the annual fee for the Travel Rewards Credit Card?
$0
What is the annual fee for the Bank of America Premium rewards credit card?
$95
True or False - The Unlimited Cash Rewards credit cards offer the following: 1% cash back on purchases everywhere, every time, 2% at grocery stores and wholesale clubs, and 3% on gas for the first $2500 in combined grocery stores and wholesale club and gas purchases each quarter?
False
In addition to their rewards, Preferred Reward Platinum clients earn how much more cash back on every purchase?
50%
The Bank of America Travel Rewards card offers cash rewards or point rewards?
Points that can be redeemed for a statement credit to pay for travel and dining purchase. Clients can redeem for gift cards and cash, but at a lower value.
What are two differences between the Premium Rewards and Premium Rewards Elite cards?
Both cards have an annual fee ($95 and $550, respectively) and rich welcome
bonuses but the Premium Rewards Elite card is positioned as an exclusive
rewards product providing exceptional travel benefits and access to best-inclass
services and experiences including:
– Dedicated and full-service Concierge for booking travel, dinner reservations,
event tickets and more
– 20% off all domestic and international airfare when redeeming with points via
Bank of America Travel Center
– $300 in Airline Incidental Statement Credits
– $150 in Lifestyle Statement Credit for food delivery, streaming services, fitness
memberships or rideshare services
– $100k in Medevac coverage and $1M in Travel Accident Insurance
True or False - Clients can redeem their cash back in the form of a check
False - Clients can redeem cash back for any amount, any time for statement credits, deposits made directly into a Bank of America® checking or savings account, or for credit to an eligible account with Merrill.
what will happen if the client spends more than $2500 in one quarter in the 2 and 3 percent categories?
They will earn 1% in those categories until the new quarter begins
Where must the client purchase in order to receive 3 points per dollar in travel related purchases?
Bank of America Travel Center
Your client is calling because they just received their replacement card and are not sure what to do with their old metal card? What can we advise the client?
Path:
Assist Clients with Returning Wealth Premium Rewards or Premium Rewards Elite Metal Cards