Credit Cards - Intrest, Fees, and Bullshit

[WRXtranceformed]

So Bank of America just created a pretty decent "premium" travel rewards card. They are giving 50,000 miles with sign up after $3k in purchases and other perks like TSA precheck / airline incidental cost reimbursement, 2 points per dollar on travel and dining purchases and 1.5 on everything else, free travel insurance and some other concierge services. It's probably equal to or slightly less good than some of the other top tier travel rewards cards but they offer a bonus for Preferred Rewards members of 75% at our level. Which means all travel and dining purchases are 3.5 points per dollar and everything else is 2.62 (what I get currently). Since all of my business travel goes on my personal card, this is an epic upgrade and aside from the $500 in rewards points, the point modifiers will pay for the $95 yearly fee in no time (even though I said I would never pay for a credit card again)