Bank of America Cash Rewards Card, $250 Bonus (YMMV)

Check for customized credit card offers from Bank of America for an increased welcome bonus for the Cash Rewards credit card. You can check for your offers here. Some people are seeing a $250 bonus for Bank of America Cash Rewards, which is $50 better than the normal bonus. The offer is available until 5/18/2020.

The card has no fee and earns 3% cash back in the category of your choice, 2% cash back at grocery stores and wholesale clubs and 1% cash back on all other purchases.

Worth a check for possible higher offer for other cards as well. Let me know if you see any other improved offers.

Applying for the Card

You need to check for this targeted offer.

This Cash Rewards card will not be available to you if you currently have a Cash Rewards card unless you have had that Cash Rewards card for at least 24 months.

Bank of America will not approve you if you have more than two new cards in the last 2 months, three in 12 months. If you have a bank account, then it becomes a 7/12 rule. So you won;t be approved if you have more than seven new cards in 12 months.

HT: DoC