What are the Benefits of AAA Visa?
The AAA Member Rewards Visa is a cash back credit card that offers travel-friendly benefits such as common carrier accident coverage and supplemental collision damage insurance. It is issued by Bank of America and is a good option for travelers who want a credit card with an excellent sign-up bonus. It also has a relatively high earning rate on travel and other purchases and does not charge an annual fee.
3% Cash Back on Travel Purchases and Discounted Membership Costs
This card has an outstanding earning scheme by https://marketcrumbs.com/ that can be very rewarding, especially for people who spend a lot of money traveling. You earn 3 points per dollar on all AAA-related purchases (including membership costs), 2 points at grocery stores, gas stations, and drugstores, and 1 for all other spendings.
You can transfer your points to 15 different travel loyalty programs, including airlines, hotels and car rental agencies. You can also redeem them for gift cards or cash at a rate of one cent per point.
2% Cash Back at Wholesale Clubs
Another nice feature of this card is the 2% cash back on purchases at wholesale clubs. It is a slightly different approach to cash back than other cards, but this card may be worth considering for those who shop at wholesale clubs frequently.
Introductory Offer on Balance Transfers
The card comes with an introductory offer of 0% interest for the first 12 billing cycles, which is pretty impressive for a no-fee credit card. However, you must make a balance transfer within the first 60 days of account opening to qualify for this introductory offer.
$200 Statement Credit With Spending Qualifications
To earn the $200 statement credit, you must spend at least $1,000 on your new card during the first 90 days of card ownership. This can be difficult to do, especially if you’re not a big spender on your credit card.
In addition to the sign-up bonus, this card has a number of other features that can be appealing to consumers, including a low annual fee, an easy way to manage your credit card payments, and 24/7 customer service. The card’s website is a good resource for more information on its offerings and how to apply.
Mediocre Sign-Up Bonus
The sign-up bonus on the AAA Member Rewards Visa isn’t particularly impressive, though it is worth a look for people who travel regularly and want a credit card with a generous point-earning structure. In comparison, the Capital One Venture Rewards Credit Card’s sign-up bonus is much more substantial and can be transferred to several different travel loyalty programs.
A Low Annual Fee and No Foreign Transaction Fees
This card has no annual fee, which makes it a great choice for people who don’t travel often but still want to be able to earn cash back on their everyday purchases. The card also offers a reasonable earning structure, with 3% cash back on travel and other eligible purchases and no foreign transaction fees.