Comenity Capital Bank announced it will take over the issuance and servicing of the existing AAA Member Rewards credit card from Bank of America. The new card will be renamed the AAA Travel Advantage Visa credit card.
Update 11/26/2022: Comenity is actually releasing two new cards. The AAA Daily Advantage and AAA Travel Advantage credit cards. Read more about both cards here. Both cards are offering a $100 signup bonus.
About The Transition to Comenity AAA Travel Advantage Visa Card
The Bank of America-issued AAA Member Rewards credit card account will transition to Comenity Capital Bank. Comenity will now provide, manage and service the new AAA Travel Advantage credit card account.
Here are a few key facts about the transition:
- You should have received the new card by October 9, 2022.
- You can use your old card until you receive and activate the new one.
- Your account balance will automatically transfer to the new account.
- You will not lose any of the rewards you have already earned with the old card.
- Previously issued AAA Branch Vouchers will be honored through the expiration date of the voucher.
- All authorized users will receive a new card with a different card number.
AAA Travel Advantage Visa Benefits
Here are the ongoing benefits of the AAA Travel Advantage credit card:
- 5% cash back for every $1 of Net Eligible Purchases made on gas and electric-vehicle charging purchases. Maximum of $350 cash back in a calendar year on these purchases.
- Earn 1% cashback on all net eligible gas purchases thereafter.
- 3% cash back for every $1 of Net Eligible Purchases made on grocery stores, restaurants, travel, and AAA purchases. AAA purchases include purchases made through any participating club where AAA is the merchant of record.1
- 1% cash back for every $1 of Net Eligible Purchases made everywhere else Visa is accepted
- No annual fee
Bottom Line
A 5% earning rate at the pump is pretty nice, especially for a no-annual-fee card. Add to that, you get 3% on groceries, restaurants, AAA purchases, and more.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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Too bad AAA chose to moved their credit card business from Bank America to a bank that has a “one” star Better Business rating. That looks to me like AAA’s leadership view of AAA members is on full display. The Woke leanings of AAA continue to shine through. Your left leanings keep through leadership decisions that can not be hidden. I am currently a member of AAA but not much longer.