Actually, Bank of America Efectiva Visa comes with excellent cash back offers side by side its low interest rate and the two features together enable you make great savings.

Card Features The rewards program is undoubtedly the chief attraction of the Bank of America card, however, it has other striking features that make it a favorite with cardholders:

• You credit card calls for no deposits in the form of annual fees. You do not even pay anything towards balance transfers.

• The Bank of America - Efectiva Visa credit card offers you a 0% introductory rate (for a 6-month period). This holds for all purchases, balances transfers and cash advance checks.

• After the initial six months, you are accosted with a very reasonable APR for purchases and balance transfers. The rate, though variable, is considerably low and you can confidently carry some balance without the fear of accruing huge interests.

The Card And Its Rewards

The Efectiva Visa initiates the cardholder into a fantastic cash back rewards program and at a very low interest rate. Underneath follows a brief summary of the phenomenal reward program:

• You are awarded a point for making net monthly purchases (qualifying) of $100. Since earning one point is similar to earning $1 in cash, the card gets you 1% rebate on all your purchases.

• The first eligible purchase with the Efectiva Platinum Plus Visa card adds 5 points to your kitty.

• You can again earn 5 bonus points for monthly balance transfers of $2500 from non-Bank of America accounts.

• The rewards program starts at just 25 points and so you can redeem your points are redeemed with increments of 25. There is no annual limit on the points you can redeem in a year. Every time you earn 25 points, an amount equal to either $25 is credited to your account or a check of the said amount is issued in your name.

Overall, you can earn a maximum of $600 annually and that includes points you earn on purchases and transfers. You must be aware that the points expire after 5 years.

Perks

The Bank of America - Efectiva Visa permits you to have access to other benefits like online banking, auto rental insurance, extra cards at no additional charge, travel and emergency assistance, cash advance checks at no extra cost, purchase guard, security protection, purchase replacement and many more services.