This offer was first made available through affiliate channels in early May. Bank of America has now changed the offer to make it publicly available.
The Offer
Direct link to offer. (Bank of America website.)
- Note that this offer is specified as online only.
- Receive a $150 cash rewards bonus on the BankAmericard Cash Rewards Credit card after making at least $500 in purchases within the first 90 days of account opening
Card Details
Head over here to read our full review of the Cash Rewards card.
- No annual fee
- 10% bonus when redeeming cash rewards to a Bank of America checking or savings account, bumped to 25%, 50%, or 75% for members of the Preferred Rewards program
- Earns 3% on gas & 2% on groceries / wholesale clubs, up to a combined $2,500 per quarter
- Earns 1% on all other purchases, or on gas, groceries, and wholesale club purchases after exceeding the $2,500 per quarter limit
Our Verdict
While it’s not rare to see $200 offers, this is still quite good. If you’re thinking about combining inquiries and can get a 10%+ bonus, it may be worth your time to throw in an application for this card after snagging the card(s) you want, such as the sweet new offer on the Alaska Airlines card. Do note that Bank of America has been much stricter about approving people lately, including limiting some people to four cards, and retroactively canceling approved cards.
As always, make sure you read these things everybody should know about Bank of America cards before applying. And, a full list of the best cash sign up bonuses can be found here.
