Signature benefits It's the perfect card to have on vacation. Key benefits: No preset spending limit.1 Enjoy more spending power and flexibility at home or abroad. Concierge service. Get assistance with a wide range of services, including reservations, golf tee times and directions, 24/7. Visa Dining Privileges.2 Obtain prime-time reservations at fully booked restaurants. During non-peak hours get up to 15-20% off at participating restaurants. Preferred travel benefits. Get room upgrades at The Ritz Carlton®and Le Meridian (based on availability). Miles and discounts 5,000 Bonus Miles.3 You'll receive 5,000 Mileage Plan miles after approval of your account. 1 mile for every dollar spent. Every time you use your Alaska Airlines Visa Signature card to make a purchase, you'll earn one mile per dollar spent. No mileage cap. There's no limit to the number of miles you can earn with the Alaska Airlines Visa Signature card. 2,000 anniversary Bonus Miles. Each year when you renew your Alaska Airlines Visa Signature card, you'll receive 2,000 Bonus Miles. 10 miles per dollar spent at select restaurants.2 Your Visa card will be automatically enrolled in Mileage Plan Dining and a Welcome Kit will be sent to you explaining your restaurant dining earning opportunities. 2 miles for every dollar in purchases of Alaska Airlines/Horizon Air tickets and vacation packages.4 Every time you use your Alaska Airlines Visa Signature card to purchase your Alaska Airlines/Horizon Air tickets or vacation packages, you'll earn two miles for every dollar you spend. $50 round-trip companion ticket.5 Each year you'll receive a certificate redeemable for a $50 companion ticket with the purchase of an Alaska Airlines/Horizon Air ticket. 2 Board Room Passes.6 You'll receive two Board Room passes upon approval. Protection, insurance, assistance Zero Liability for Internet purchases. When you use your Alaska Airlines Visa Signature card to make purchases on the Internet, you're not liable if your packages never arrive, arrive damaged or if your account number is stolen - just notify us promptly. Lost luggage reimbursement.7 Feel confident knowing your luggage is covered up to $3,000 if lost or stolen. Legal, medical and travelers assistance.7 Complementary referrals for emergency legal, medical and travel assistance - including lost ticket and baggage recovery Automatic travel accident insurance up to $1,000,0007 Car rental discounts from participating Hertz and Avis rental agencies7 Automatic auto rental insurance7 Roadside assistance Purchase protection7 Extended warranty protection7 Optional Photo Security Airport parking guarantee7 Access, convenience, service Use your credit card everywhere Visa credit cards are accepted Convenience checks at no extra charge8 Additional cards at no extra charge link: http://www.bankofamerica.com/creditcards/index.cfm?template=cc_alaskaair_sig Ron.
Terms: Annual Percentage Rate (APR) for Purchases Variable APR applies, currently 10.99%.*â? Annual Percentage Rate (APR) for Balance Transfers Variable APR applies, currently 10.99%.*â? Other APRs Cash Advance APR: 19.99% (Minimum 19.99%) Penalty Rate: 25.99% (Minimum 25.99%) Variable Rate Information Your Purchase and Cash Advance APR may vary. The rate is determined monthly by adding a margin of 6.99% for Purchases and 12.99% for Cash Advances to the Prime Rate**. Balance Calculation Method for Purchases Average Daily Balance (including new purchases) Annual Fee $75 Grace Period for Purchases At least 20 days Minimum Finance Charge for Purchases $1.50 (unless purchase Average Daily Balance is zero) *If an introductory rate is applicable to this product, and we do not receive at least the minimum payment due during any billing cycle, or you go over your credit limit or close your account, any introductory rate on Purchases and Balance Transfers will terminate. If at any time (including the introductory period, if applicable), you miss two consecutive minimum payments; or within a six month billing cycle period you miss two minimum payments or are two times Over the Credit Limit; your Purchase, Cash Advance and Balance Transfer APR will be the Prime Rate plus 21.99% (minimum 25.99%). **The Prime Rate used to determine your APR is the rate published in The Wall Street Journal effective on the last day of the prior month. The margin is determined by our review of your credit report and information you provide on the application. â? The terms of your Account, including any APR (or how an APR is Calculated) are subject to change. Any changes will be made in accordance with the Cardholder Agreement. Late Payment Fees: $19 for balances less than $100, $29 for balances $100 to $1,000, $39 for balances greater than $1,000. Over the Credit Limit Fee (excluding Visa Signature): $35; Cash Advance Fee (including Overdraft Protection): 3% of each advance (min. $10). Total Foreign Currency Conversion adjustment: 3% of foreign transaction. Stop Payment Fee $29; Returned Payment Fee $29; Copy Charge: $3 per item; Research Fee: $15 per hour. The information listed above is correct as of 2/2004 and is subject to change at any time without prior notice. To receive the most recent information please write to Bank of America, P.O. Box 53137, Phoenix, AZ 85027-9911.
So, the real question is: Can I convert my Platinum card to the Signature or, will I have to apply for a new account?
My only response about the annual fee is... It's the same fee for the Alaska Airlines Platinum card too! Both are $75 annually. It's the annual fee for the mileage program. From what I've heard, BofA doesn't keep the fee, but it goes to Alaska Airlines programs. I think just about every Visa Signature card out there has an annual fee program of SOME kind. Bank One United Visa Signature: $60 US Bank WorldPerks Visa Signature: $99 Chase World MasterCard: $85 (not signature but same type of program) First USA/Bank One British Airways Visa Signature: $75 The lowest Visa Signature Visa out there that I could find was the Marriott Rewards from Bank One for only $30 annually (first year free).
