| Efectiva™ Platinum Plus® Visa® |
| Written by renxue |
| April 23, 2008 16:41 |
|
EfectivaTM Platinum Plus® Visa® Issued by Bank of America. CREDIT CARD REVIEW
 | This review was last updated on 9/11/2007 12:00:00 AM | Overall Rating: 3.0
Ratings are on a scale of 1 to 5 based on customers who successfully applied for this card. | | The EfectivaTM Platinum Plus® Visa®, issued by FIA Card Services, N.A., is designed for those who plan to take advantage of the cash back reward program. Through the reward program, cardholders earn a 1% cash back rebate on all purchases made with the card with a yearly rebate limit of $600. Cardholders will earn one point for every $100 in net monthly purchases, five points for every $2,500 in net monthly balance transfers from non-FIA Card Services accounts, and five bonus points for the first purchase. For every 25 points that are earned, the cardholder receives a $25 check or a $25 credit to their Bank of America checking or savings account. The card has a reasonably low interest rate for purchases (for a reward card), no annual fee, and a 0% introductory rate that can be applied toward purchases, balance transfers, and cash advance checks for the first six billing cycles. In addition to the cash back rebate, cardholders can expect platinum benefits including auto rental insurance, various travel and emergency assistance services, and purchase replacement. Therefore, those who wish to participate in the cash back reward program and plan to pay in full each month after the introductory rate expires (to avoid costly finance charges) will benefit most from what the EfectivaTM Platinum Plus® Visa® has to offer. | | |
REWARD PROGRAM INFORMATION
 | Type Of Rewards: Point | Reward Program Optional: No
Optional programs may have a fee. See Terms and Conditions for details. | | | | For Cards with Rebates Incentives | | Lowest Possible Rebate: n/app | | Highest Possible Rebate: n/app | | Additional Rebates: n/app | | Rebate Details: n/app | | | | For Cards with Points Incentives | | Points Per Dollar Spent: 1 Point** | | Additional Points: Customers earn 5 points for every $2,500 in net monthly balance transfers from non-FIA Card Services accounts. | | Point Details: **Customers earn 1 point for every $100 spent in net monthly purchases. For every 25 points that are earned, the cardholder receives a $25 check or a $25 credit to their Bank of America checking or savings account. | | | | For Cards with Miles Incentives | | Miles Per Dollar Spent: n/app | | Additional Miles: n/app | | Program Details: n/app | | | Rewards Expiration Period: Up To 5 Years (Points expire on the last day of the Billing Cycle that closes in December of the fourth calendar year following the year in which they were earned.)
This period applies to all rebate, point and reward programs. | | Annual Limit: 600 Points ($600 Cash Back) | | |
ADDITIONAL PERKS
 | See website for card benefits. |
BASIC INFORMATION
 | Introductory Rate: 0% APR for 6 Billing Cycles | | Rate Applied To: Purchases, Balance Transfers | | Additional Details: The introductory rate applies to the first six billing cycles. The introductory rate also applies to cash advance checks. | | Regular APR: APR Varies* | Variable or Fixed: Variable
Variable APR's are based on the Prime Rate. | | Annual Fee: $0 | | Annual Fee Details: None | | Application Fee: n/app | | Participation Fee: n/app | | Reload Fee: n/app | | Inactive Fee: n/app | | Total First Year Fees: n/app | | Type Of Rewards: Point | | Be sure to read the card's Terms and Conditions for more details. |
Special Notations:
See website for complete terms and conditions of card usage and application disclosure
Always read the credit card's Terms and Conditions before applying! |
|
|
|