Deal has ended, view more Bank of America deals by clicking here.
Update 4/28/21: Reader Jim shared a similar promotion for 2% cash back on all purchases, found on the Amtrak card.
The Offer
No direct link, targeted offer
Bank of America is sending some Cash Rewards cardholders the following offer:
- Earn an additional 1% cash back on all your purchases through 6/30/21. You’ll earn 4% in your choice category (up to the quarterly maximum).
- Others got different versions of a spend offer, e.g. get 3% bonus cashback at home improvement stores.
The Fine Print
- Limit $150 in bonus cashback
Our Verdict
Max this out with $15,000 in spend. Your 3% categories will earn 4% with this deal. And if you have Platinum status, the 5.25% earn rate becomes 6.25%.
Hat tip to vaudevillevik
Chuck William Charles , there is a target promotion of earning additional 3% on top of regular cashback for upto $3000 in purchase right now for Bank of America Customized Cash Rewards Visa credit card. details below. not sure why they say the additional reward may be taxable
For a limited time, you can earn an additional 3% cash back on up to $3,000 in purchases made with your Bank of America® Customized Cash Rewards Visa Signature® credit card through 12/31/21. That’s on top of the rewards you’re already earning.
This offer is not available in our financial centers.
To be eligible, you first must activate this offer. Once activated, you will earn an additional 3% in cash rewards on up to $3000 in purchase transactions (exclusive of any fees, returns and adjustments) made from the date you activate the offer through December 31, 2021. 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.
Limitations: All of the following conditions are applicable throughout the entire promotional period which is inclusive of the date the offer is activated through the date promotional cash rewards are fulfilled. Your account must be open and have active charging privileges in order to receive the promotional cash rewards as a result of this offer. If your account is converted to a different rewards program or to a card without a rewards program the offer is no longer valid. Other advertised promotional offers can vary from this promotion and may not be substituted. 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 incremental of cash rewards earned on purchases through regular use of the cash rewards program.
FYI William Charles Chuck There’s a new offer for 2% on up to $3000 spend through 12/31/21, which I’m assuming means 2% above normal points, as it was last time. (BofA AAA Visa)
Arrived by email.
I got this bonus cash as a statement credit on 1/27/22.
ok, the 1% bonus showed up covering all 2 months’ purchases!
Has anyone actually gotten the bonus points? When I look at the recent history, there is no 1% extra on any of my purchases.
btw I never got an email to sign up, but just noticed it after I logged out one day and clicked.
Myself & SO got double points (up to 15000 points) on our Travel Rewards cards.
Got a mail offer today for doubling the value of cash rewards (up to $150) until 6/30. It’s awesome to have unlimited 2% cashback on all categories, combined seasonal $2,500 spending cap on 4% groceries and 6% selected category.
Update: The term states that this offer will not apply to the 10% relational and preferred rewards bonus. Still not sure if they could add up.
How do you opt in for email offers? Never received anything from my accounts
How do you get notified that you are targeted?
email
Received the extra 1% on my BoA CR card. For the online shopping category, it makes it 4% cash back, which is pretty good when combined with shopping portals. I put fairly regular, but not large amounts of spend on my card.
Another offer:
Whatever’s on your to-do list, use your Bank of America® World Mastercard® and earn double the value of your cash rewards (up to $150) on all your purchases through 06/30/21. That’s on top of the rewards you’re already earning.