[Targeted Offer] Bank of America: Product Change With No Credit Pull & Get $200 Bonus

Update 9/26/22: Report of some people being product changed to this product without their consent. You should be able to revert this if you want.

Update 9/1/22: More people targeted (ht TwoMinuteMinor)

Update 8/8/22: More people targeted. Hat tip to MtM

Update 2/18/22: Email offers going out now for some people with this upgrade offer. Hat tip to vaudevillevik

Update 11/18/21: Another physical round went out for upgrading, these were sent out for both the personal Unlimited Cash Rewards card and the Business Unlimited Cash Rewards card. 

Update 8/20/21: A physical mailer is going out to some people with this offer as well. (Previously there was an email round that went out.) Hat tip to reader XenaWP

Contents

The Offer

Bank of America is sending many people an email offer:

No application or credit check necessary.

Our Verdict

A lot of people have a number of these 3/2/1 cards sitting around – assuming you aren’t using them this is one of the easiest $200 you can make. Well worth considering even if you do use the card some.

We wrote about the new Unlimited Cash Rewards card in a separate post; just wanted to highlight this signup offer separately so people don’t miss it.

Hat tip to reader Lik

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273 Comments
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Jenny
Jenny (@guest_1529387)
January 9, 2023 09:42

I have 4 cards, two in my name & two in the husband’s, so $800 bonus. Thinking of trying for more, but recall they had a similar card a while back with a $150 bonus after a $500 spend. Think they declined more than 4 cards. Has anyone gone over two per person on these?

Ostrich Rider
Ostrich Rider (@guest_1502688)
December 6, 2022 01:10

Terms and Conditions:
“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.”
This is interesting, I don’t think I have ever paid tax on a Credit Card Bonus in the past.  Chuck

Jenny
Jenny (@guest_1529390)
January 9, 2023 09:45

If they send a 1099, you have to pay taxes.

Ostrich Rider
Ostrich Rider (@guest_1567478)
March 2, 2023 18:03

No, they didn’t send one but I think I got the bonus in 2023. Jenny

Piyush
Piyush (@guest_1500988)
December 2, 2022 23:48

Did the bonus post for anyone?

Snowy
Snowy (@guest_1479382)
November 3, 2022 20:52

I just logged into the app and it prompted me to product change one of my Customized Cash Rewards. Not sure which one though. One of my Customized Cash Rewards is getting the +2% bonus through end of the year, so I closed out of the offer before accepting. However, now I can’t find it again. I wonder if they’ll send another round of emails out. This is the first time I’ve received this offer.

Kevin R
Kevin R (@guest_1456244)
October 1, 2022 09:03

So can we keep using our old customized cash card until we get the new card. My BofA online says unlimited cash with the same last four digits of my customize cash?

Vic
Vic (@guest_1463282)
October 12, 2022 10:05

Was wondering this too. Recently PCed from custom cash to cash rewards. same last 4 digits. am I good to spend the $1000 for the $200 PC bonus”?

Jack
Jack (@guest_1453914)
September 28, 2022 07:17

Why would BoA product change without your consent? Do they want to get #MeToo?

Memphis-Marc
Memphis-Marc (@guest_1453571)
September 27, 2022 16:10

I applied from my CC online in the product section and was immediately approved for a 26K limit. I can’t see much use for this card besides the bonus, but I’ll take the easy $200 and keep it in my drawer.

Billy Bob
Billy Bob (@guest_1453430)
September 27, 2022 11:54

They sent us a spate of the $200 offers for switching from one hardly used card to another – for just a $1000 spend – easy money! Send a few more B of A!

Yu
Yu (@guest_1453306)
September 27, 2022 05:27

Spent $1000. Mostly Costco, 100% rebate Top Cashback. $200 pending. Time to milk other banks.

Spiel
Spiel (@guest_1453212)
September 27, 2022 00:35

they switched me to a vanilla 321 card from the “ABA” card without notification.

they’d formally notified me before swapping the “MLB” card with vanilla 321.

Ron
Ron (@guest_1453727)
September 27, 2022 22:00

Spiel
Did you receive the bonus offer at least even if it was a switch without notification?

Spiel
Spiel (@guest_1455044)
September 29, 2022 20:34

no. they simply mailed me a new card. nothing changed besides the removal of ABA branding.