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Anyway, I blogged about this too and added an analysis of what purchase amount you'd need to make this deal beat a regular 1% credit card:
http://www.bargaineering.com/articles/cashback-with-a-twist-amex-and-boa.html
( Talk about Amex One too )
Oh, and I hate banks in general. I'm a credit union cult follower.
Hazzard
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