The Offer
There are multiple versions of the Bank of America Cash Rewards card, all with the same benefits. The $200 bonus is back up again, this time with the NEA link. (Hat tip to sirtheta on r/churning) If you find any other links, let us know and we’ll add it in.
- Receive a signup bonus of $200 when you spend at least $500 within the first 90 days of account opening on the Bank of America Cash Rewards NEA card
Card Details
- No annual fee
- 10% customer bonus when you redeem into a Bank of America checking account
Card earns at the following rate:
- 1% cash back on purchases
- 2% at grocery stores and wholesale clubs*
- 3% on gas*
*(for the first $2,500 in combined grocery, wholesale, and gas purchases each quarter)
With the relationship bonus, this card can get you up to 5.25% cash back on gas and 3.5% at wholesale clubs like Costco.
Our Verdict
This offer comes and goes, recently it’s been on the MLB cards but now it’s on the NEA card. There are a few things to keep in mind with this card:
- Bank of America combines multiple applications into a single hard inquiry, so you could pair it with an Alaska card for example
- If you have a Bank of America checking account, you’ll receive a 10% bonus on the sign up bonus and on spend if you redeem your cash back into the checking account
- It’s one of the better cash sign up bonuses
Before applying or asking basic questions, make sure you’ve read our detailed post on Bank of America credit cards.
Can anyone share data points on how long it takes to get the bonus? I applied for my wife and for me. Met the spend on both. My wife’s first statement just closed, and no bonus has posted.
DoC provided link above broken
Looks like the link is dead? It’s showing me the error 🙁
Looks dead, I’ll update
So I managed to get this card after going through a long reconsideration call. It’s showing up in my account as a MasterCard. Note I had to transfer some of my available credit from my existing Cash Rewards Visa in order to get approved.
So back to the new card – it’s a MasterCard – with a 10K limit. I notice that it’s showing in the Rewards section that I’m eligible for a 10% bonus by tranferring to my checking account.
On my existing Visa the bonus is 75% because I’m platinum preferred honors.
Are the increased rewards not available on the mastercard or will I likely see the bonus percentage increase at some point once I’m using the card and earning rewards.
Hope I didn’t shoot myself in the foot bc I love the 5.25% back on gas and 3.5% back on groceries. note I’ve PCd the old Visa down to a BBR card to earn $30 per quarter back so I won’t have the old Cash Rewards card anymore.
I’m in the same situation (pending). What line did you call for reconsideration? Thanks!
Both myself and my wife were instantly approved. What was odd, is that it showed the approval message, and the credit limit, and after about 15 seconds redirected us to the NEA homepage (back button didnt work), and with no followup email. I did check this site which confirmed we were approved, this could be handy for anyone who missed the flash approval screen.
https://www.bankofamerica.com/credit-cards/application-status/app-status-form.go
Anyone have the personal credit reconsideration line?
checked the online status page and appears I got denied. Could be because I already have a Cash Rewards card and there are some DPs out there that BoA is limiting customers to 1 card per now. Will get in touch with Recon on Monday morning
Applied 11/5 and did not get an instant approval (got a pending review message of some kind but the screen changed before I could copy it).
Already have a strong relationship with BoA/Merrill (checking/CC/brokerage) so expecting to get approved, however do have quite a few HP/new accounts in the last year.
Hoping that MTA shows back up as well so I can do 2 together
I called B of A and they told me this NEA Cash Rewards for the $200 cash back was a targeted offer only.
What purpose does calling serve?
it didn’t mentioned anywhere that it’s targeted only! “Priority code VACMVN”