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The Offer
No direct link, sent out via e-mail with the subject line ‘<name>, you qualify for a double cash back offer’
- Bank of America is offering some customers double cash back on all purchases until 9/30/19 with a maximum of $150 back
The Fine Print
- You will qualify to earn double the value of your Cash Rewards, up to $150, earned 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 Program rewards bonus.
- This offer is only valid on the account identified within this communication.
- Allow up to 12 weeks from the end of the promotion for the 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
Not sure if this is only on the cash rewards cards, or on other cards as well. Mostly interesting for the 3% categories that become 6%. The bonus 3% does not get the bonus from Preferred Rewards, but still a good deal if targeted.
Hat tip to reader G
i got the email today on my cash rewards card. $150 double cashback for purchases until 9/30. Need to spend $5000 on 3% online category in order to get full $300 cashback. Thats whole lot of money to spend. Anyways i will try to get as much.
Targeted on a Cash Rewards card I PC’d to from my first Premium Rewards and had sock-drawered. Probably going to grab a GC or two from Walgreens. Any other higher ROI opportunities?
The way i read this, it was in addition to the rewards we already earn, so i do not think the 3% categories are doubled.
I got this offer for my co-branded NEA card. I have had it for 20 years but hardly use it.
I got offered $500 business checking bonus… requires a $20k deposit… $200 bonus only requires $5k… much better than their previous bonuses requiring biz cc and merchant services… I also got targeted for the $300 personal checking bonus… I’m signing up for that one tomorrow.
Anyone targeted who spends a significant amount on another BofA card? Anyone targeted who is in Preferred Rewards?
I got this..not a big spender..just maximizing quarterly bonus couple times a year. I am not a preferred rewards member either.
Same. Only recent spend was MSR on Premium Rewards card.
Same. Only recent spend was MSR on Premium Rewards card.
i only got 2% extra.
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IMPORTANT: my cash rewards is limited to $2500 per quarter.
to take full advantage of this deal, spend 2500 on your 3% category in the next few days before June ends, then spend 2500 from July thru September.
I got this one. Definitely good for when the 5% grocery category on Chase Freedom ends. It’s better than the Blue Cash Everyday (waiting for an upgrade offer on that one right now).
I only get emails from Erica