BBVA and it’s beautiful 5X points earning category on NBA American Express® Card the triggered with all purchases made during the all star weekend and two weeks NBA Finals, has taken a turn for the worst.
I’m pretty sure most of us expected such an event to take place just as soon as the $5,000 spending cap per event was integrated, but here’s the outlooks for this once generous card: BBVA will no longer be accepting applications for this 5% card and it’s most likely due to BBVA not being able to reach the profit margin they sought out to accomplish on top of an overwhelming loss of money.
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Alternative Credit Card Bonuses:
BBVA NBA American Express Card Features:
- 20% off at NBAStore.com
- Earn 5X points on all purchases, not just NBA purchases, during the NBA All-Star Weekend and two weeks of the NBA Finals.
- Receive 3x points on qualifying NBA tickets, NBA in-stadium transactions, and NBAstore.com purchases.
- Earn 2x points on all of your supermarket purchases.
- Earn 2x points every time you fill up.
- Earn 1x points on all other purchases
- No Annual Fee
Conclusion:
Tragic news for a once overly-generous card for the consumers as the BBVA NBA American Express® Card will no longer be accepting new applications as 2017 makes it’s grand entrance. Last April, they made it to where you had to apply through ecredable.com/. The option was further removed along the way making it only possible to apply in-branch. I would say the key indicator towards this event’s occurrence would most likely be the spending cap.
Knowingly enough, this card was overly-generous and abused insanely during the 5x triggers. Now, this card will be running into 2017 with the opportunity for current cardholders to take advantage of the 5%, however, prospects on this card is still unknown going into 2018+… NBA could be partnering with another Bank or this card will be cut off, being the shortest lived nation-wide credit card. Don’t forget to check out our complete list of Credit Card Promotions today!