C855B
Service Attendant
- Joined
- Jun 13, 2015
- Messages
- 148
Cutting to the chase (...pun intended...), it looks like the BofA version of the rewards card is leaving my wallet and heading to the desk drawer to gather dust. In the several years we had the AGR card under both banks, we would funnel our entire life spending through the cards to accumulate points. Even things like property taxes and utility bills would rack-up the points. That worked pretty well, until AGR 2.0 and the new issuing bank.
Here's our experience, YMMV:
If it was one (AGR 2.0) or the other (BofA) by themselves, it wouldn't be nearly so discouraging. But, given my experience, the two have conspired into a "Why bother?" I don't think this was by intent, understanding the abuses that AGR 2.0 was trying to repair. OTOH, the new program seemed to be geared primarily towards promoting corridor routes over LD. This makes sense - you bias your programs to competitive markets.
So what I suppose I'm saying here that I gave the BofA/AGR partnership a chance, and it didn't work. At least not for us. I hope the rest of you are having better luck.
Here's our experience, YMMV:
- BofA was very stingy with the credit limit, at one-third of the 6 or 7 other cards we have active.
- Highest interest rate of all of them (a non-issue, tho', since we never carry a balance).
- Despite paying off the card completely every month for a year, my credit score has gone down solely because of the poor credit limit relative to how we use it, i.e., exceeding 30% of the limit. Every month. That's nuts. I know this because credit cards are the only open accounts we have, and the AGR card is the only one with any substantive activity.
- Discussed previously, the new points redemption system works very poorly for LD travel, the only option in Flyover, USA. It takes us three times longer to build points for trips we can actually use.
If it was one (AGR 2.0) or the other (BofA) by themselves, it wouldn't be nearly so discouraging. But, given my experience, the two have conspired into a "Why bother?" I don't think this was by intent, understanding the abuses that AGR 2.0 was trying to repair. OTOH, the new program seemed to be geared primarily towards promoting corridor routes over LD. This makes sense - you bias your programs to competitive markets.
So what I suppose I'm saying here that I gave the BofA/AGR partnership a chance, and it didn't work. At least not for us. I hope the rest of you are having better luck.