Bank of America has an interesting credit card that offers cash back for paying more than the minimum balance and always on time. You earn $25 per quarter for $100 annually, or $30 per quarter for $120 annually if you have a Bank of America checking or savings account. The cash back is automatically credited to your card balance at the end on the quarter, unless you choose otherwise.
This is not a credit card that will earn you a big sum right away, but it’s a steady $10 per month on average, and you can keep the card since it doesn’t have an annual fee.
- Apply Here
- Earn $25 per quarter to pay down your balance faster when you pay more than the monthly minimum on time each month–that can be up to $100 each year
- No annual fee
- Get more rewards for the banking you already do – an additional $5 bonus per quarter if you have a Bank of America checking or savings account
- Cash back is automatically credited to your card balance
- 0% Intro APR on purchases and balance transfers for 12 billing cycles
You will earn a $25 cash reward for each calendar quarter in which all of your monthly payments are received on or before the due date and are more than the minimum payment due. Your account must remain open and you must have a payment due in every monthly cycle of the calendar quarter to be eligible for the quarterly cash reward; a zero balance or a credit balance does not qualify. If either the primary or co-applicant for this card has at least one open checking, savings or individual retirement account with Bank of America, N.A., or an eligible investment account with U.S. Trust or Merrill Lynch, Pierce, Fenner & Smith Incorporated, the card account will receive a customer bonus of $5 for each quarter you qualify, for a total of $30 per quarter.