BofA Visa card not making me happy right now

Under the rules for the Bank of America Financial Rewards credit card, you get 1 point for every $100 you spent.
I got my statement for the last billing period today, and this is what it said:

New Balance Total: $95.31

Financial Reward Points Earned this Period: 0

Now, that’s perfectly fair because that’s what the rules state. But it certainly doesn’t make me feel good about using this card.

My current favorite credit card is the Citibank PremierPass Elite Mastercard. First the drawback: There’s a $75 annual fee. That’s not so cool. But this is why it’s awesome: you get points for every mile flown on tickets you bought with the card - even if it’s for other people.

So when I went to Rome last month, I bought the tickets for my fiancee and I using this card. Here’s how it worked out:

• American Airlines AAdvantage Program: Stack o’ Miles
• Citibank PremierPass Elite: $Price of 2 tix + 2 x Stack o’ Miles

You also get 2x the points for gas, supermarket, and drugstore purchases.

Even better, during the holidays, they were offering $50 gift cards for certain stores like Macy’s, Banana Republic, etc for 4500 (read: $45) points.

(There’s also buy one get one free airline tickets, but I’m not interested in that program because you have to use their ticket agency.)

Let’s just say that I easily made back the $75 in annual fees thanks to the bucket of points I had from flying to Rome. By a lot. And there’s rounding down like the first credit card.

If you’re interested in this card and would like to give me referral credit, zap me an e-mail.