[Expired] [Targeted] Bank of America Cash Rewards: Double Your Rewards Through 9/1, Up To $100 Bonus

The Offer

No direct link, check your email for this offer

  • Bank of America is offering select Cash Rewards cardholders double cash back for purchases at office supply, electronics and discount stores, including online purchases. Max $100 bonus.

“Discount stores” includes places like Walmart and Target; “Office Supply” includes places like Staples and Office Depot/Max; ‘Electronics” includes places like Best Buy.

The Fine Print

  • Activate & earn double rewards (up to $100) on Office Supply, Electronics and Discount store retailer purchases through September 1, 2020.
  • To be eligible, you first must activate this offer.
  • Once activated, you will earn double the value of your Cash Rewards, up to $100 in additional Cash Rewards, when you use your account to make purchase transactions (exclusive of any fees, returns and adjustments) from the date you activate the offer through September 1, 2020.
  • This offer is valid only on purchases made at office supply, electronics and discount store retailers.
  • This offer is only valid on the account identified within this communication and is non-transferrable.
  • Allow up to 12 weeks after the promotion ends for the promotional Cash Rewards to be added to your Rewards balance. The value of this reward may constitute taxable income to you. You may be issued an Internal Revenue Service Form 1099 (or other appropriate form) that reflects the value of such reward. Please consult your tax advisor, as neither we, nor our affiliates, provide tax advice.
  • This offer will not apply to any Preferred Rewards/Preferred Rewards for Wealth Management bonus, customer bonus or account opening bonus, if applicable. Promotional Cash Rewards earned as a result of the promotion are solely inclusive of Cash Rewards earned via 1% Base Cash Rewards, 2% Bonus Category or 3% Bonus Category.

Our Verdict

Reader D. got this email today; not sure how widely it was sent out. Readers note that a similar email was sent out to people who were NOT targeted, similar words but without mention of the $100 bonus. Make sure you got the bonus offer before altering your spend patterns.

The Cash Rewards card earns 2% back at grocery and wholesale clubs and 3% back on your choice from 6 categories. If you can manage to do spend within the 2% or 3% categories and have that doubled, it can be a nice offer. For example, if you choose Online Retailers as your 3% category, and you make purchases at walmart.com or target.com or bestbuy.com or staples.com – that should get you 6% cashback (3% base + 3% bonus). Since your 3% can already be 5.25% for those with status, it’ll end up being 8.25% back.

Hat tip to reader D.

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48 Comments
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Keenong
Keenong (@guest_1028050)
August 2, 2020 06:27

Anyone got idea if newegg and B&H is in the the Electronics category or not?

Ghost
Ghost (@guest_1026008)
July 29, 2020 20:24

I only got targeted on one Cash Rewards card (Visa Signature).

Fine print actually includes the following on mine:

We identify qualifying purchases for this offer based on the transaction date and how a merchant submits its transactions, including Merchant Category Code (MCC). Transactions are submitted and categorized by the merchant.
We do not control nor determine which MCC a merchant chooses, so some purchases may not fall into the MCC where you might expect them to appear. Office Supply and Electronics store purchases are identified using MCCs 5021, 5044, 5111, 5943, 5978, 5732, 5734, 5045, 7372, and 7379. Discount store purchases are identified using MCCs 5310, 5311, 5399, 5331 and where the merchant name is presented as “WALMART” or “TARGET”.

Jan B
Jan B (@guest_1025626)
July 29, 2020 10:28

My inclination is that BOA will not target PRM. Especially since my BOA cards are the “go to” for OM and Staples.

Chander
Chander (@guest_1025583)
July 29, 2020 08:44

Would this work for gift card purchases from these stores? Don’t see any language, excluding that.

arizonapv
arizonapv (@guest_1025532)
July 29, 2020 03:28

Can someone post what is the subject line?

Fred
Fred (@guest_1025553)
July 29, 2020 06:30

“Your Bank of America® Cash Rewards Visa Signature® credit card” (which appears to be the same when they’re sending me a lot of non-bonus emails).

Smk
Smk (@guest_1025520)
July 29, 2020 01:33

I got an the email yesterday for my Cash Rewards Visa. I don’t have the status with them so my rate is 6%

ps
ps (@guest_1025501)
July 29, 2020 00:29

I got the email, however neither activation or $100 is mentioned. Anyone got the same email?

Gadget - Bank Bonus Geek
Gadget - Bank Bonus Geek (@guest_1025457)
July 28, 2020 23:08

I got it for my MLB Cash Reward MC.

HOWEVER, it’s USELESS. I already maxed my 3% for the quarter in online shopping category. One of the first times I have ever maxed a category… (I have basically all the major 5% cards – I normally never have an avenue of couch MS and not driving around town buying GC’s just to make $20.)

So, what are they going to give me? I will get double 1% for the additional purchases. Wow, I’m so excited.

But please enlighten me if I am misinterpreting it, oh credit card gurus. ieatdogfood

ieatdogfood
ieatdogfood (@guest_1025460)
July 28, 2020 23:17

Yep, double 1% (2% total) in those targeted retailer category up to $100 max ($10,000 spend for you). Too bad you used your 3% online category already.

Gadget - Bank Bonus Geek
Gadget - Bank Bonus Geek (@guest_1025472)
July 28, 2020 23:36

I have had the worst BofA luck lately. 2 weeks after I convert my Prem Rewards card (3 months early because I didn’t want to wait for the AF to post) they come out with a $50 promo.

Oh well, on to the next.

BlissfulApathy
BlissfulApathy (@guest_1025570)
July 29, 2020 07:52

Gadget - Bank Bonus Geek I got targeted but it’s useless for me. Hit me up if you want me to ship you some goods.

Onsale
Onsale (@guest_1025866)
July 29, 2020 16:54

Gadget - Bank Bonus Geek What are the 5% cards you have?

Gadget - Bank Bonus Geek
Gadget - Bank Bonus Geek (@guest_1025875)
July 29, 2020 17:09
JJ
JJ (@guest_1025422)
July 28, 2020 22:12

Got it. Unfortunately, I don’t have any real money with the bank. So 6% is my max

kk
kk (@guest_1025277)
July 28, 2020 19:06

i got the email. but no bonus cash back.