Bank of America sent out a survey with different options for how the Platinum Honors, Platinum, and Gold bonuses might work for relationship customers, according to Reddit user kdm31091.
The survey options included doing away with the relationship bonus entirely, lowering it to 50%, etc. But none of the options had the Platinum Honors bonus remaining at 75%. We obviously don’t know how this will play out, but – at a minimum – Bank of America is looking at reducing or eliminating that bonus which would spell the end of the 2.62% everywhere card, the 5.25% categories, etc.
I don’t typically like putting much stock into surveys, but thought it was worth sharing this once since it could help people plan out their credit card application strategies. Even if they do make the change, I’d expect it to take a while until it comes into effect, and to likely include other relationship benefits or perks to ‘offset’ the lower relationship bonus.
