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Banks are rethinking their premium credit card offerings

Justin Ho Aug 15, 2017
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frankieleon/Flickr

Banks are rethinking their premium credit card offerings

Justin Ho Aug 15, 2017
frankieleon/Flickr
HTML EMBED:
COPY

Bank of America plans to launch a new premium rewards credit card next month. The bank is entering a crowded field of similar products from American Express and Chase, whose Sapphire Reserve card made headlines for its initial 100,000-point sign-up bonus and $450 annual fee. As a result, banks are changing the way they try to lure new customers.

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