Review: A Prestige Card Without Annual Fees

Most prestige cards require steep annual fees to go along with the privilege. Not the Bank of America Visa Signature Worldpoints Rewards though. This card offers an attractive rewards package, very low APR, tons of perks and no annual fee. Too good to be true? It really is too good and it is for real.

Rewards

The points system is pretty straightforward, allowing you to earn a point for every dollar you spend on this card. There is no cap on the points you can earn as well, although they typically expire after five years so keep tabs on them and make sure you get to take advantage before then.

Fees

There is no annual fee on this card and APR is fixed at either 9.99% or 15.99%. Late payments and going over the limit can prove costly though with as much as $39 in fees depending on the balance you’re carrying. They offer 0% APR on balance transfers and cash advance checks for the first year.

Perks

This wouldn’t be a prestigious high-end card without the perks and there’s quite a bunch of them. You get free concierge service for various activities from hotel upgrades to personal shopping. You get dining privileges (easier reservations), travel packages and many more.