Bank Of America Reward Credit Card

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Cash Back Credit Cards
By S.E. Kirk

Wouldn't it be great if you could get some of that money you spend on credit card purchases back every year? Well, you can. A cash back credit card is the way to go for people who want all the benefits of shopping with a credit card, plus the perks of belonging to a credit company that offers a credit card online. The Bank of America credit card that offers the most flexible form of the cash back reward program is the Financial Rewards Visa Platinum.

When shopping for a credit card online, you may be daunted by the enormous list of choices for a cash back credit card. Don't worry. The right card is out there. Many people find that the Financial Rewards Visa Platinum is a great card for their needs because of th...
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In the News

Credit card fees make the rich richer, study finds
Credit card fees and rewards programs exacerbate income inequality by acting as a transfer of wealth from poor to rich, according to a Federal Reserve Bank of Boston study released Monday. Read More ...

Credit card fees: Would capping them really help consumers?
Credit card fees and rewards programs help the rich and hurt the poor, according to a recent report. But experts disagree whether a cap on fees would solve the disparity. Read More ...

Do Credit Cards Siphon Money From the Poor to Rich?
A recent study published by the Federal Reserve Bank of Boston paints a revealing portrait of "reverse wealth distribution" perpetrated by credit card companies. Together, rewards programs (which encourage cardholders to buy frequently to rack up points to get cash back) and merchant fees (a 1-2 percent transaction fee imposed on credit card purchases) combine to create a consumer environment ... Read More ...

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