(YMMV) Bank of America: $200 Signup Bonus For Converted Better Balance Rewards Cards

Update 5/22/23: Readers Halamadrid got their card in the mail and there was clearly noted the $200 promo, so this isn’t some sort of fluke. We still don’t know if it applies to everyone, and it might be targeted. Keep an eye out for  the mailer. “With your new card, you’ll get a $200 cash rewards bonus” …”after you make at least $1000 in purchases by September 30, 2023 – See inside to learn how.”

Original Post 5/17/23: 

Bank of America recently converted all Better Balance Rewards (BBR) cards to Unlimited Cash Rewards World Mastercard. There have been a few mentions of people seeing a bonus attached to the conversion showing in the app and even confirming with BofA reps about the bonus (1, 2):

  • Spend $1,000 by 9/30/2023 and get $200 bonus. Promo start date 5/15/2023.

Not clear if this offer is available for everyone as some have been told that they don’t have such a bonus offer. YMMV, please let us know what you’re hearing/seeing.

View Comments (178)

  • Met my $1000 spend on roughly 9/25 and my statement closed today. Not seeing the $200 bonus yet.. anyone know how long it usually takes?

    • Should have posted the same time as your transaction that met the spend requirement did...were you targeted?

    • Same! I almost forgot what it was for, thought it was shenanigans from BoA since it also brought me under my $1000 spend.

  • Just received an email from BofA that "Your bonus reward has been applied to your account" even though I received the $200 bonus 2.5 months ago after hitting spending requirement. Still no sign of the last $20 BBR bonus. BofA is so hopeless.

    • I received that email today too even though I already got the bonus in early July. I also got the email on another Unlimited Cash Rewards that I opened directly right before the BBR conversions, but I also already got the bonus for that one in mid-July. Weird.

      I also haven't gotten the $20 bonus on either of my BBRs that were converted. I was reading in the comments on another post that they have until mid September per the original terms, so I'll keep waiting.

  • I have received the $200 bonus reward after hitting the $1000 spend. I originally got both the flyer and the app popup.

  • Just got all three of my new cards. No bonus offer included with any of them. Also, have not received the $20 credit for any of the three accounts. Has anybody received the $20 credit yet?

  • Anyone who didn't have the insert in the mailer and never saw it in the app spend the $1000 anyway and have the $200 post?

    • I had no offer on the app or paper insert. I spent $1000 anyway - now lets see if $200 credit posts. I am not sure how long we have to wait to see if it even posts.

      Also - no $20 credit yet

  • I called 2 weeks ago and was told I had the spending bonus offer, but I just received the card and there was no spending bonus offer.

    What the hell, BoA?

    There is only one card in my household.

    • Try buying 2x $500 GC or pay $1k tax, then you'll know for sure. $20 vs $200. Definitely worth the risk :)