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The Offer
No direct link to offer, sent out via e-mail. Subject line is ‘Get a $20 bonus’
- Bank of America is offering some credit cardholders a $20 bonus when they download the Bank of America mobile banking app and pay a Bank of America credit card with the app by May 1st, 2018
The Fine Print
- This offer is limited to those individuals who received an e-mail from Bank of America about this offer; only the named recipients are eligible for the bonus. Offer expires on May 1, 2018. This offer is intended for new users of the Bank of America Mobile Banking app only.
- To qualify for this $20 Mobile Banking app offer:
- (1) Download and log into the Bank of America Mobile Banking app on a compatible mobile device by visiting your app store by April 1, 2018.
- (2) TO RECEIVE $20, use your Mobile Banking app to pay at least the minimum payment due on your Bank of America credit card bill on or before your established due date, but no later than May 1, 2018.
- Additional Terms and Conditions: If you meet all the requirements to receive the $20 Mobile Banking app bonus, we will attempt to post a statement credit for the earned bonus directly into your credit card account within sixty (60) days of meeting the qualifications for the earned bonus.
- The statement credit will generally be applied to your existing balance with the highest APR before being applied to any balances with lower APRs.
- Receipt of a statement credit does not affect your responsibility to pat your Total Minimum Payment shown on each statement you receive from us.
- The value of this bonus may constitute taxable income to you. Bank of America may issue an IRS Form 1099 (or other appropriate form) to you that reflects the value of the bonus. To the extent required by law, Bank of America may withhold tax or other amounts from the payment. Please consult your tax advisor, as neither Bank of America, its affiliates, nor their employees provide tax advice.
Our Verdict
Obviously not the biggest bonus, but shouldn’t be too difficult to meet the requirements if you are targeted.
Hat tip to reader Nathan P & @RobertDwyer
