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Personal Finance (Not Investing) • Bank of America/Merrill Edge - Preferred Rewards

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Anyone have thoughts on the upcoming U.S. bank smartly Visa card that will give 4% back on everything with >$100k on deposit including in brokerage accounts…
There is a $50 annual fee on the brokerage account if you have less than $250k.

4% is interesting though, my worry would be the program being discontinued or benefits reduced since it is new.

Maybe BoA will improve their Preferred Rewards, at least they are less likely to reduce the benefits now.
Thanks. That is a fair point.

Statistics: Posted by need403bhelp — Sat Sep 07, 2024 5:18 pm — Replies 7793 — Views 1063697



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