One of the most common questions asked to Ask Sam are “what are my downgrade options for x card”. That’s why, a while back, we started a series of posts discussing the downgrade options for each bank’s cards. You can check out our previous posts on downgrade options for Chase, Amex, Capital One, Citi, Barclays.
This time we’ll discuss the downgrade for Bank Of America cards.
Downgrade rules for Bank Of America credit cards
First thing first, let’s discuss some rules you need to know about before you downgrade a Bank Of America credit card.
- Same family: Bank of America allows downgrades even for cross family cards. You can downgrade any Bank of America card to any Bank of America card. You can even product change Bank of America co- branded cards; (Alaska, Virgin Atlantic, etc) to Bank of America branded cards (Cash Rewards, Travel Rewards).
- Personal to business: You can only downgrade personal cards to personal cards. Unfortunately, Bank of America business cards cannot be downgraded (most of them do not have an annual fee anyway).
- Rewards: You will not lose any rewards if you downgrade your Bank of America credit cards.
- Timeframe: Bank of America cards can be downgraded at any time even within the first 12 months.
- Credit score: Your credit score will not be affected in any way when you downgrade a credit card.
- Annual fee refund: Officially, Bank of America annual fee refunds are on account by account bases, depending on your relationship with the bank. In real life, Bank of America will usually refund you the annual fee if you downgrade or close the card within 30-45 days.
Downgrade options for Bank Of America credit cards
Here is a complete list of all Bank of America downgrade options.
Alaska Airlines Visa Signature card ($75)
You can downgrade the Alaska Airlines Visa Signature card ($75) to any of the following cards: Bank Of America Customized Cash Rewards Credit Card ($0), card_name ($0), Bank of America® Unlimited Cash Rewards Credit Card ($0).
Amtrak Guest Rewards World Mastercard ($79)
You can downgrade the Amtrak Guest Rewards World Mastercard ($79) to any of the following cards: Bank Of America Customized Cash Rewards Credit Card ($0), card_name ($0), Bank of America® Unlimited Cash Rewards Credit Card ($0).
Air France KLM World Elite Mastercard ($89)
You can downgrade the Air France KLM World Elite Mastercard ($89) to any of the following cards: Bank Of America Customized Cash Rewards Credit Card ($0), card_name ($0), Bank of America® Unlimited Cash Rewards Credit Card ($0).
card_name ($95)
You can downgrade the card_name ($95) to any of the following cards: Bank Of America Customized Cash Rewards Credit Card ($0), card_name ($0), Bank of America® Unlimited Cash Rewards Credit Card ($0).
Allegiant World Mastercard ($59)
You can downgrade the Allegiant World Mastercard ($59) to any of the following cards: Bank Of America Customized Cash Rewards Credit Card ($0), card_name ($0), Bank of America® Unlimited Cash Rewards Credit Card ($0).
Sonesta World Mastercard ($75)
You can downgrade the Sonesta World Mastercard ($75) to any of the following cards: Bank Of America Customized Cash Rewards Credit Card ($0), card_name ($0), Bank of America® Unlimited Cash Rewards Credit Card ($0).
Virgin Atlantic World Elite Mastercard ($90)
You can downgrade the Virgin Atlantic World Elite Mastercard ($90) to any of the following cards: Bank Of America Customized Cash Rewards Credit Card ($0), card_name ($0), Bank of America® Unlimited Cash Rewards Credit Card ($0).
Free Spirit® Travel More World Elite Mastercard® ($79)
You can downgrade the Free Spirit® Travel More World Elite Mastercard® ($79) to any of the following cards: Bank Of America Customized Cash Rewards Credit Card ($0), card_name ($0), Bank of America® Unlimited Cash Rewards Credit Card ($0).
Alaska Airline Business ($50)
Unfortunately, the Alaska Airline Business ($50) cannot be downgraded (you can close the card without it hurting your credit score as the card does not show on your credit report).
![Best Credit Cards With Airport Lounge Access [2024]](https://helpmebuildcredit.com/wp-content/uploads/2022/06/post-on-cards-with-airport-lounges.png)
![The 10 Best 0% APR Credit Cards For April [2024]](https://helpmebuildcredit.com/wp-content/uploads/2023/07/Post-on-best-0-apr-cards3-1080x675.png)
![The 10 Best Credit Card Offers For April [2024]](https://helpmebuildcredit.com/wp-content/uploads/2024/03/post-on-best-offers-april-2024.png)
FreeSpirit cannot be downgraded
the Alaska card can not be downgraded to any of the cards listed. Called bank of America and 2 representatives told me it is not possible.
Hello I tried to downgrade my Bank of America spirit credit card but they told me I could only cancel or keep paying the 79.00 annual fee. Did I just talk to someone who didn’t know what to do?