News | December 21, 2004

Bank Of America Choice Privileges® Visa* Platinum Credit Card

Ranked #1 in Hotel Rewards Category by CardOffers.com

CHARLOTTE - The Choice Privileges Visa Platinum credit card, issued by Bank of America in conjunction with Choice Hotels International, recently received top honors from the online credit card directory, CardOffers.com. This no annual fee rewards card, which debuted in June 2004, was ranked number one out of seven cards reviewed in the hotel rewards category.

"The reward program is by far the most attractive benefit of the card and is ideal for those who frequently stay at Choice Privileges hotel locations," the online CardOffers.com review stated.

"This number one ranking demonstrates that Bank of America has been successful in providing consumers with unprecedented convenience and products," said Scott Abramowitz, senior vice president, Consumer Card, Bank of America. "We're pleased with this recognition because we aim to provide our customers with products and services that fit the way they live."

Bank of America Choice Privileges Visa cardholders, who are automatically enrolled if not already members of Choice Hotels' Choice Privileges rewards program, can earn an additional five points per dollar spent when they use their Choice Privileges Visa card to pay for stays at the company's mid-scale brand hotels. As part of the program, members also receive 10 points per dollar spent for eligible stays, bringing the total reward to 15 points per dollar at any of the Comfort Inn®, Comfort Suites®, Quality®, Sleep Inn®, Clarion® and MainStay Suites® brand hotels throughout the United States.

CardOffers.com is an independent ranking organization that searches for the most complete credit card terms and rates available to the consumer. Judges provide fair and unbiased evaluations based on a rating system that provides an accurate method in comparing credit card products within the same card category.

In addition to enjoying no annual fee for this rewards card, cardholders receive a low, six-month introductory annual percentage rate and 6,000 points (typically, enough for a free night) when they use their card for the first time anywhere. As an additional value, the Choice Privileges Visa credit card allows Choice Privileges members to earn two points per dollar spent for everyday retail purchases at any location that accepts Visa credit cards.

Travelers may learn more about the advantages of membership in Choice Privileges by visiting www.choiceprivileges.com , by calling 888.770.6800 or by inquiring at the front desk of any Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion or MainStay Suites brand hotel in the United States.

Bank of America
Bank of America is one of the world's largest financial institutions, serving individual consumers, small businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving 33 million consumer relationships with 5,800 retail banking offices, more than 16,000 ATMs and award-winning online banking with more than eleven million active users. Bank of America is the #1 Small Business Administration lender in the United States. The company serves clients in 150 countries and has relationships with 96 percent of the U.S. Fortune 500 companies and 82 percent of the Global Fortune 500. Bank of America Corporation stock (ticker: BAC) is listed on the New York Stock Exchange. For more Information on Bank of America, please visit www.bankofamerica.com.

Choice Hotels
Choice Hotels International is one of the world's largest lodging franchisers, marketing more than 5,000 hotels open or under development in 44 countries and territories under the Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, MainStay Suites, Econo Lodge, and Rodeway Inn brand names. For more information on Choice, visit the company's web site at www.choicehotels.com.

Choice Hotels, Choice Hotels International, Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, MainStay Suites, Econo Lodge, Rodeway Inn and Choice Privileges are the proprietary trademarks and service marks of Choice Hotels International Inc.

Source: Choice Hotels