The BBVA Compass NBA credit card offers 5% cash back anywhere during the NBA All-Star Weekend and two weeks of the NBA Finals. It used to be have a $150-$200 sign up bonus, but it’s not available any longer for new sign ups. I had trouble signing up (with identity confirmation), so I don’t have the card myself.
For those who do have the card, All-Star Weekend is coming up. Even if you’re upset that Carmelo Anthony didn’t make the cut this time around, you can cheer up with 5% cashback everywhere. The promo period runs from 12:01 AM EST on Feb 17th till 11:59 PST on Feb 19th.
These used to be very exciting times when there was no cap on cashback earned during promo periods. But back in 2016, BBVA Compass announced some major changes to the card. You will only earn 5% cash back on up to $5,000 per event. That means you can do $5,000 spending during the NBA All-Star Weekend and $5,000 spending during the two weeks of the NBA Finals for a total of $10,000 a year. That’s $500 in cash back per year.
This should be easy to max out for most people, by purchasing gift cards at CVS, Simon Malls or online. Just keep in mind that online purchases might post later than purchase date, so make sure you do them early to get the 5% cashback.