After enough data points and confirmation from a reliable source, Doctor of Credit has outlined a new rule to follow when applying for Bank of America credit cards.

Bank of America just released a new credit card called the Premium Rewards Card. It comes with 50,000 bonus points for spending $3,000 on your new card within 90 days of account opening.

This is not a credit card you want to open for the purpose of flying free in First Class. Points are worth one cent, point blank.