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The Offer
No direct link to offer, offer sent out via e-mail subject line is ‘Account update – bonus cash offer now available’
- Bank of America is offering double cash back to some credit card holders, up to $150 in bonus cash through 09/30/19
- Some people have the same deal but for a $100 maximum
The Fine Print
- You must activate the offer to qualify.
- Once activated, you will qualify to earn double the value of your Cash Rewards, up to $150, from the date you receive this offer through 09/30/2019.
- Cash Rewards earned as a result of this promotion will not earn any Preferred Rewards/Preferred Rewards for Wealth Management Bonus.
- This offer is only valid on the account identified within this communication.
- If your account is converted to a different rewards program or to a card without a rewards program during the offer timeframe, the offer is no longer valid.
- Allow up to 12 weeks from the end of the promotion for the promotional Cash Rewards to be added to your Rewards balance.
- Your account must be open and have active charging privileges in order to receive this offer.
- Other advertised promotional offers can vary from this promotion and may not be substituted.
- 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.
Our Verdict
Preferred Rewards bonus won’t apply to this bonus. This could be useful for people with the Cash Rewards card, that card normally earns:
- 3% cash back in a category of your choice (up to $2,500 per quarter)
- 2% back at grocery stores
- wholesale clubs and 1% back on all other purchase
This would make it 6% back in a category of your choice.
