Most credit cards reward on the market offers rewards in the form of miles, points or cash back when you make purchases with the card. The amount of the reward you receive varies, but the concept is the same. But if you could get more? It is that it is a world of "more" out there that you probably do not know. There are some banks that will give you additional bonus points for both a bank account and a credit card with them. By the bank where you have your credit card, you can get even more rewards, increasing the gain value of the card by maximizing your potential reward. We took a hard look at the cards on the market that offer additional bonuses (some up to 75% more!) For banking with the card issuer. Our results are below.
Bank of America
Bonus
Bank of America offers what they call "preferred rewards" if you have an eligible Bank of America personal checking account and qualification Bank of America credit card. There are enough serious rewards to be had here - you will earn a bonus 25% to 75% on each qualifying purchase by Bank of America credit card. This is the biggest bonus we've seen, and certainly worth consideration.
This means that if you have an account with a certain amount of money in it and a mark Bank of America credit card, you will get bonus points. The rewards for this combination of card account / bank credit is very important. How do you get on board this gravy train? It is quite easy, but it requires that you have a good amount of money to maintain your account and eligible credit card. The percentage of bonus you receive will depend on the balance in your checking account. Gold accounts (or those with $ 20K to $ 50K in them) get a 25% bonus. Platinum Account ($ 50K to $ 100K balance) receive a 50% bonus and Platinum Honors accounts ($ 100K + balance) get a huge bonus of 75%. See the table below for the breakdown.
Maps
BankAmericard Cash Rewards Credit Card
Now, if you take into consideration the Preferred Rewards Bonus, you will have a 25% to 75% bonus when you redeem your cash back rewards in a personal bank account of America -chèques, as if this account is Gold, Platinum or Platinum Honors. Note that these are not combined bonus ... the Preferred Rewards bonus replace the premium customer 10% mentioned above. However, an additional 25% to 75% cash back rewards you earn with this card will add quite quickly. With a gold account, the rate of 25% bonus cash back bump your winnings up to a workforce of 2.5% back in grocery stores, 3.75% back on gas and 1.25% discount on everything else. With Platinum Honors account the 75% bonus increases your winnings to an effective 3.5% in grocery stores, on gas 5.25% and 1.75% on all other purchases.
BankAmericard Travel Rewards Credit Card
If you choose not to link the card to a qualification Rewards Preferred Bank of America checking account, you are still eligible for an ongoing 10% bonus. The bonus just requires an active bank of America checking or savings account (with no balance requirement) that you deposit your travel rewards in. The 10% bonus means that when you put 1000 points in your account, you earn another 100 points, for a total of 1100 points.
If you link the card to a qualification Rewards Preferred Bank of America checking account, you will earn a bonus 25% to 75% on your points earned instead of the standard 10% mentioned above. With a gold account, it means instead of 1.5 point for every dollar you spend you want to win an efficient 1,875 points. And if you have an HHonors Platinum account, you would receive an effective 2.625 points for every dollar you spend. As we have determined the value of these points to 1 percent (or $ 1.50 in flight and hotel rewards for every $ 100 spent *), with Honors Platinum account you will earn 2,625 hundred points for every dollar you spend, earn a very high rate indeed.
Citibank
Bonus
Citibank offers a relationship bonus for Citi Card Prestige members with an account of qualification Citibank. Citigold account owners will receive a verification additional 15% in ThankYou points per year and those who have a relationship of Private Bank will receive a 25% additional ThankYou Points each year. Although the requirements for a Citi Private Bank account are murky at best (they are intended for very wealthy people), the Citigold checking accounts are more secure, with a monthly fee of $ 30 is waived if you are over $ 50,000 on deposit and retirement balances relating eligible. More good news is that there seem to be a balance requirement for Citigold customers benefit from ThankYou bonus of 15% points.
The card
Citi Card Prestige
You can exchange your points earned for everything from travel and cards- gifts electronics and state funds through the portal Citi ThankYou rewards. In addition, you can transfer your points earned for free to the airline or participating travel hotel programs (plus the transfer at a ratio of 1: 1, but some programs are more). These partners include Hilton HHonors, Virgin Atlantic Flying Club, Qantas Frequent Flyer and many others.
If you have a Citigold account, 15% bonus on your rewards earned means you will receive a 3.45x effective point travel and hotel (instead of the standard 3x points). You also gain points in 2.3x restaurants and entertainment and 1.15 points over all other card purchases.
* The dollar values are based on the calculation of the value of the point of a travel program of our program analysis travel rewards.
Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and has not been reviewed, approved or otherwise endorsed by the credit card issuer. This content was accurate at the time of this post, but the terms and conditions of card can change at any time. This site may be compensated by the sending credit card affiliate program.