The AAA credit card is a good choice for people who are looking to earn rewards on travel purchases and everyday expenses. It has no annual fee and offers great benefits for its members, including travel accident insurance and access to 24/7 customer service.
It also has an impressive earning scheme that earns 3 points per dollar on travel and AAA purchases; 2 points on gas, grocery store, drugstore and wholesale club purchases; and 1 point on everything else. You can use those points for statement credits or transfer them to an airline frequent flyer program to get a better rate of return on your purchases.
What Score is Needed for the AAA Credit Card?
This card is only available to those with a FICO credit score of at least 670 or higher, but other factors are also considered when making your decision. This includes your income and any existing debts you may have.
You Can Earn Triple Points on Airfare Purchases and Travel:
The AAA credit card has a generous 3% earning rate on airfare purchased directly through airlines, travel agencies or booking sites. You can also redeem these points for hotel stays, car rentals and cruises, and passenger railway tickets, among other things.
Aside from its travel benefits, the aaa credit card login also has a solid sign-up bonus and a straightforward redemption framework. In addition, it has no foreign transaction fees and doesn’t charge an introductory APR on purchases.
The AAA credit card also has an introductory balance transfer offer that allows you to pay off your current credit cards with a 0% APR for the first 12 months. However, you will incur a 3% balance transfer fee on those transfers that are not made under the introductory offer.
Redeeming Points for Cash Back:
The AAA credit card offers 1% cash back on purchases. You can redeem these points for a statement credit or an electronic deposit into a Bank of America(r) checking or savings account, or you can apply them to a qualifying Cash Management Account(r) with Merrill Edge(r) or Merrill Lynch(r).
If you don’t use these options, you can redeem your points at a fixed rate of 1 cent per point. These are not the best credit card deals when it comes to cash back, but they are a good choice for those who plan to spend on travel with the card and don’t want to worry about transferable loyalty points.
You Can Earn More Rewards with a Preferred Membership:
The AAA credit card isn’t a Preferred Rewards member, but you can earn 25% to 75% more cash back with a Bank of America Preferred Rewards membership. That bonus is based on your 3-month average in combined balances between your Bank of America banking and/or Merrill Edge(r) and Merrill Lynch(r) investing and trading accounts.
You Can Earn More Rewards with a Preferred Credit Card:
The AAA credit card isn’t an elite credit card. However, it does have a Preferred Rewards membership that offers a 25% to 75% bonus on purchases. This is a very generous bonus and it’s worth considering if you have a qualifying bank account.