Bank of America Guts the WorldPoints Program Starting November

Via @mileswhip, Bank of America sent out a snail mailer informing users the end of flight redemptions with WorldPoints in November.

Many Bank of America cards (and, previously, FIA Amex) have the ability to be cashed out at 1 cent per point as a statement credit, yet can also be used to book flights at up to 1.76 cents per point. See Bank of America WorldPoints: A Forgotten Program, Get Up To 1.76¢ Per Point for more details.

As per the mailer, this option is being gutted completely starting November 1. You can still redeem for flights until that date.

Big hit for those who redeem for flights.