Bank of America Privileges Visa Platinum Card

by : Richard Gilliland

The Bank of America provides a host of services like saving and checking accounts, home equity lines, online capabilities, payroll systems, mortgages, investments, health insurance coverage and other insurances.

Currently the Bank of America serves Asia, US and Canada, Middle East, Africa, Europe and Latin America.

Choice Privileges

The Choice Privileges is a combination of a number of hotels situated within Canada, United States and Mexico. The hotels include MainStay Suites®, Comfort Suites®, Comfort Inn®, Quality®, Clarion® and Sleep Inn®. If you are a frequent traveler and often stay at the Choice Privileges hotels, then the Bank of America - Choice Privileges Visa Platinum Card is the right card for you.

Benefits Of The Card

The Choice Privileges Visa Card gives you access to an extremely competitive rate for the initial six months of membership. The card provides a low introductory rate, which is applicable for balance transfers, purchases and cash advance checks for the duration of the first six billing cycles. There is no annual fee during this time.

Even after the expiry of the introductory rate, the cardholders can avail of low fixed rates of interest on their purchases and balance transfers. The Bank of America - Choice Privileges Visa Platinum Card appears to be tempting for its competitive annual fees, balance transfer fees and low rates of interest. If you intend to carry a balance after the expiry of the introductory period, you will have to pay a bit high in interests.

The rewards you can earn are based on the purchases made using the Choice Privileges Visa Card. When you make the first qualifying purchase with the card, you will be earning 8000 points. This implies that with the first purchase, you can earn free nights stay at any of the thousand Choice Privileges Hotels.

Each time you make a qualifying purchase with your Bank of America - Choice Privileges Visa Platinum Card, you obtain fifteen points. Every other purchase will get you two points for spending a dollar.

The accumulated points will help you avail free nights at any one of the chain of hotels. You can even redeem your points for airline miles with major airline partners, free hotel stays and gift certificates to retailers and restaurants.

Bonus Points

You may use the free nights for a great vacation or even use them to save money on a business trip. You can also avail of some other advantages, like online banking, emergency and travel assistance, total security protection, purchase guard, car rental insurance and purchase replacement.

The cardholder will also benefit from the various Internet account related services, extended warranty protection, lost luggage recovery, the summary statement at the end of the year, optional personal photo on the card, optional mini card, up to $500000 travel accident insurance and many more benefits.