FYI - noticed this nugget when I PC'ed - nice to have this option:
Your cash rewards will be automatically issued in the form of a statement credit to your card account, unless you indicate otherwise. You may choose instead to have your cash rewards deposited directly into a Bank of America® checking account or savings account or a Merrill Lynch Cash Management Account.
Yeah! BoA has good features too!!
Just now got 140$ from my other card, I opened last month. (Statement cut yesterday)
It's nice to see that, when I click on the redeem, it shows a additional 50% bonus, This really a good offer..
Can anyone confirm firsthand that $2.50/mo is enough to earn the quarterly bonus? I charge $26/mo on mine bc a rep reportedly said that the balance must exceed the minimum payment. Granted, this requirement isn't stated in the terms and conditions, but I wouldn't want to fight with BoA (again) over a technicality.
Hey Peteyglad how did you get a free savings account? Thats what I want to do but I cant figure out how to do it. Thanks for any info. I am excited to get my card. Just got approved on the 11th after 2 recon calls.
BOA's regular savings account is free if you keep a minimum $300 daily balance.