Bank of America, Extra 1% Back for Cash Rewards Cardholders
If you have a Bank of America Cash Rewards card, check your emails for a targeted promotion that will earn you an extra 1% on your purchases. Normally that is not a huge deal, but the card has several categories that you can choose to earn 3% cash back.
Offer
Earn an additional 1% cash back on all your purchases through 6/30/21. You’ll earn 4% in your choice category. Offer must be activated to earn extra cash back.
Offer Terms
- To be eligible, you first must activate this offer.
- Once activated, you will earn an additional 1% in cash rewards when you use your account to make purchase transactions (exclusive of any fees, returns and adjustments) from the date you activate the offer through June 30, 2021.
- This offer is only valid on the account identified within this communication and is non-transferrable.
- Allow up to 12 weeks after the promotion ends for the promotional cash rewards to be added to your rewards balance.
- Limit $150 in additional cashback.
Guru’s Wrap-up
The Bank of America Cash Rewards card is already one of the best cards for purchases at gas stations and drugstores. Now you can can get a total of 4% back on the category that you choose. Other eligible categories include online shopping, dining, travel, and home improvement/furnishings.
It gets even better for Preferred Rewards members who can earn an additional 25%-75% cash back on every purchase. That means the 3% choice category could go up to 5.25% and with the added 1%, it goes up to 6.25%.
HT: GC Galore