The Aircraft Owners and Pilots Association (AOPA) has entered into a new strategic partnership with Bank of America that will help boost support for general aviation while offering AOPA members cash-back rewards, association officials said.
The new partnership features the AOPA BankAmericard Cash Rewards credit card that offers 3% cash back on automotive gas and 2% on groceries for the first $1,500 in combined purchases in those categories each quarter, and 1% on all other purchases. For a limited time, AOPA members who are approved for the new card can earn a $100 cash-back bonus after qualifying transactions.
AOPA Members can go to AOPA.org for program details and to apply online.
“AOPA and Bank of America have worked together in the past to the benefit of both our members and general aviation,” said Ed Thompson, AOPA vice president of corporate partnerships and products. “This new partnership strengthens that relationship by literally putting money back in the pockets of our member pilots and aircraft owners — money they can use for flying, increasing the value of their memberships and bolstering general aviation.”
Through the Strategic Partner relationship, Bank of America will also be providing sponsorship support for programs and services that benefit AOPA members throughout the year, including at AOPA’s Aviation Summit in Fort Worth, Texas in October.
Bank of America becomes AOPA’s fourth Strategic Partner along with Enterprise Holdings, Inc. (Enterprise Rent-A-Car, National Car Rental, Alamo Rent A Car), Aircraft Spruce & Specialty, Co., and Aero-Space Reports.
“Bank of America is proud to strengthen our commitment to AOPA, which has been a terrific partner for more than two decades,” said Jake Frego, who manages Bank of America’s National Brands credit card and banking programs. “This renewal will enable us to continue building a card product that resonates with AOPA’s members. Over the years, we’ve developed a great appreciation for the emotional connection that they have with the organization and look forward to continuing to meet and exceed their needs.”
With a membership base of nearly 400,000, AOPA is the largest aviation association in the world. From its headquarters in Frederick, M.D., offices in Washington, D.C. and with seven regional managers across the U.S., AOPA representatives provide member services that range from representation at the federal, state, and local levels to legal services, flight planning products, safety courses and seminars and more.
B of A I’m sure will help AOPA… However as a credit card company watch out. My wife and I both fly for a living and fly GA a lot. We both had BofA cards. They jacked the rates up on us to 22%. We never missed a payment and always paid more than the min if not the entire amount. Be very careful if you get this card! The interest rate is huge and you can do better.