Consumer Payment Card News

Power Rewards

A rewards card does not have to carry an annual fee to be worthwhile. The re-launched “Power Rewards Platinum VISA” is an example of such a card, delivering points for more than 250 rewards ranging from gift certificates and cash rebates to travel awards and other stuff. Bank of America says there’s no limit to the number of points cardholders can earn and redeem each year. Points can be redeemed starting at 2,500 points. Consumers receive 500 bonus points on their first purchase and small businesses receive 1,000 bonus points. Airline tickets within the continental U.S. start as low as 20,000 points per ticket, with no blackout dates. For more information visit: “”:

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