BAMSL Visa Signature® Rewards Card

Our review of the BAMSL Visa Signature® Rewards Card

The BAMSL Visa Signature® Rewards Card from Commerce Bank is an exclusive credit card available only to members of the Bar Association of Metropolitan St. Louis. This local professional association caters to legal professionals in the Greater St. Louis, Missouri area.

To apply for this credit card, you must provide proof of your membership in the Bar Association of Metropolitan St. Louis. Once approved, you gain access to a range of excellent benefits.

With a lower interest rate than the national average, the BAMSL Visa Signature® Rewards Card offers new cardholders a very attractive introductory APR for the first six months. This promotional offer applies to both purchases and balance transfers, making it a versatile option for cardholders.

As a rewards card, the BAMSL Visa® allows cardholders to earn cash back on all purchases. You earn higher rewards for purchases at fast food restaurants and coffee shops, with slightly lower rewards for gas stations and restaurants. All other purchases earn you 1% cash back.

One of the key features of this card is the absence of an annual fee, allowing cardholders to maximize their rewards without any additional costs.

Earning Cash Back

The BAMSL Visa Signature® Rewards Card is a cash back rewards card that offers cardholders a percentage of their purchases back as cash rewards. Cardholders earn 3% cash back on purchases at fast food restaurants, coffee shops, and ridesharing services like Lyft or Uber. Additionally, they earn 2% cash back on restaurant and gas purchases, and 1% cash back on all other purchases, with no limit on cash back earnings.

Redeeming Your Rewards

While the card advertises itself as a cash back credit card, cardholders have the option to redeem their rewards for items in the rewards catalog in addition to cash back. Points earned from purchases can be redeemed for statement credits, merchandise, gift cards, travel, and fuel discounts.

Low Intro APR on Purchases

The BAMSL Visa Signature® Rewards Card offers a low introductory APR for the first six months on all purchases, allowing cardholders to enjoy reduced interest rates on their transactions. While the introductory APR may not be as competitive as some other credit cards, it still offers significant savings on purchases.

Low Intro APR on Balance Transfer

In addition to the introductory APR on purchases, the BAMSL Visa Signature® Rewards Card also provides a reduced APR for balance transfers for the first six months. While this feature may not be as attractive as other credit cards in terms of balance transfer fees and duration, it can still be beneficial for managing smaller balances.

Should You Apply for the BAMSL Visa Signature® Rewards Card

If you are a member of the Bar Association of Metropolitan St. Louis and meet the application requirements, the BAMSL Visa Signature® Rewards Card could be a valuable addition to your wallet. With competitive APR rates, unique rewards categories, and flexible redemption options, this card offers a range of benefits for legal professionals in the St. Louis area.

However, if you are specifically looking for APR promotions or balance transfer options, there may be better credit cards available in the market. It’s important to consider your spending habits and financial goals before applying for any credit card to ensure it aligns with your needs and preferences.