Funny, but no way BoA is giving out that card. Just got my first combined statement from BoA with my AAA/NEA added and noticed something I never saw before. It has an investment account that I have never used that was setup when I was a Fleet customer and saw under Investment part this,
Annuity (Credit) 25,000.00
Have no idea what it is, Anybody here know?

I plan on calling them today to find out what that $25k credit is. I am not sure what Fleet put me into years ago when I did some big CD's. I know there was some sort of Investment account with Quick&Rieley. When BoA took them over I pretty much took out everything except the Min $2,500 to keep my relationship open. Have always gotten a big statement package every month, About 14 pages. I went back online and checked my previous few statements and that $25k was not there. So something changed with adding my AAA/NEA accounts. Just seems strange it's called an Annuity Credit? Hope they did not sneak something in on me

Talked to my BofA PB today and he confirmed the details posted previously: launch in May, initially by invitation only, have to have at least $100K in deposits/investments with BofA. I told him to add me to the invitation list as I'm interested in comparing the card benefits for this product against the upcoming re-launch of Citi's Chairman card (which I have) and is supposed to be an AMEX card also. If the benefits are roughly the same, why pay Citi for something that can be had for free.

FINALLY, a little black card to go with my pearls and black cocktail dress. Now what will my dates think when I pull out that black beauty to pay the bill????? "This babe is a meal ticket", "This babe has style", "This babe is soooooooooooo nouveau riche"????? I'll let you know

I got a brochure from my PB rep today. The card is basically equivalent to an AMEX platinum, but it is black in color. It has both the Bank of America and American Express logo. The PB rep told me that it won't be available until June 1st.

From the brochure....

The Bank of America Accolades American Express Card

Complimentary Airport Lounge Access

Escape the crowds, savor the peace and quiet, or hold a business meeting in any of more than 500 Priority Pass airport lounges around the world.

Unlimited lounge access

Complimentary refreshments

Access to phones, fax machines, conference rooms and the Internet

Exceptional offers from participating American Express merchants

Emergency medical evacuation coverage while traveling abroad

Early check-ins, late check-outs and upgrades

Unlimited rewards

Air travel with no blackout dates

Gift cards from major retailers

Tickets to sporting and cultural events

Hard-to-get dinner reservations

Help with locating the perfect gift

Race-car driving and other adventures

Limited-edition, autographed memorabilia

Private consultations on wine, wardrobe, and more

Dedicated service unit

Emergency Medical Evacuation coverage

Concierge service

opmnxtc said:scott1961 said:I have been on some financial forums where there are people worth many millions, I pretty much got laughed off them when I went to my very conservative approach.

scott1961, what are the sites for those forums?


Ferrari Chat is where I spent a lot of time when I had my Maserati. They have a good investment and business section. My conservative bank approach was not very popular there. Could just imagine if I brought up AoR's

nimbusdog any chance you can scan the brochure and post a pdf of it?

Thank you very much

For my travel patterns, the Priority Pass membership is more valuable than AMEX platinum's program since it doesn't limit me to the lounge of the airline which I am flying. It's not unusual for certain lounges to be quite full, so with PP you can just find yourself an empty lounge without worrying about the airline that operates it. At the same time, it sounds like this version of PP only gets you in for free -- so your spouses/travel companions wouldn't be able to join you there. I hate that.

Also, it sounds like the Premier membership just allows you to get the annual fee waived on the card. The PP membership is only available (is only free?) if you maintain twice the amount required to qualify for Premier. Yes, the alternative $30K/year spending threshold is quite reasonable but these types of cards rarily offer very good rewards, so it'd probably make a lot more sense to use other reward cards with more advantageous reward structures.

I wonder what the companion ticket offers will be like.

Thanks, nimbusdog. I'm not impressed with this card's offerings aside from the airport lounge availability. I know folks who would never spend $450 for an AMEX Platinum card but would readily use this new card if the fees are waived by BofA for PB customers.

markkundinger said:

But to be honest, I don't even know what the perks are that appeal to the high-rollers, besides airport lounge access. If I was spending $100k a year on a card, I'd much rather be getting 2% CashBack.
I'm with you, Give me my 5% CashBack anytime. Helps that I have not flown in over 20 years and have no plans to ever fly again, But I have more than enough with BoA to get the card fee free so would take it