BofA BankAmericard Cash Rewards, $50 Bonus For Each Friend You Refer

Bank of American now has a referral bonus for the BankAmericard Cash Rewards credit card. You can invite your friends and get a $50 statement credit for each friend approved within 60 days.

BankAmericard Cash Rewards referral bonus

Friend who sign up will get the standard sign-up bonus of $150 after spending $500 in the first 90 days. Keep in mind that there’s often a $200 dollar bonus for this card, so with the referral bonus included, you still get $200 in total.

Referral Bonus Details

  • Send referrals here
  • Your statement credit may take up to 10-12 weeks to post to your account.
  • $50 statement credit is awarded based on each friend who is approved within 60 days of the date of the email.
  • The friends you referred must apply through the link in the email that was sent to them in order for you to be eligible for this offer.

BankAmericard Cash Rewards credit card

The card has no annual fee and earn the following:

  • 1% cash back on every purchase
  • 2% at grocery stores and wholesale clubs
  • 3% on gas

On up to $2,500 in grocery/wholesale club/gas quarterly spend.

As a Bank of America customer, you can get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account.

Here’s the earning rates including the bonuses:

Gas Grocery store/wholesale clubs All Other
Redeem to Savings (10%) 3.3% 2.2% 1.1%
Gold (25%) 3.75% 2.5% 1.25%
Platinum (50%) 4.5% 3% 1.5%
Platinum honors (75%) 5.25% 3.5% 1.75%

HT: uscreditcardguide

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