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Nice...they're constantly mailbox bombing me with Pre-approvals for their cash rewards card, but I will not leave the garden..
That's nice that they do the ' 50% customer bonus when you redeem your cash back into a Bank of America® checking or savings account,'
I'll do mine in December. I should have a good chunk then.
@armbenderc wrote:
I just redeemed my BofA Privileges /w Cash Rewards.
Total $116 before redeeming, after the redeeming I got $174 to BofA Saving.
Wow nice, I have just the normal BoA Cash Rewards and I like it...what's the difference between ours?
Yes, this is the Privileges version (for Plat Priv customers), the normal card gives 10% bonus for redeeming into BoA accounts.
A little complex in that it gives 2% on groceries, 3% on gas, up to a COMBINED $1,500 a quarter, so a mixture of 3 and 4.5% on those.
Wow this is a nice card...it seems pretty much the same as my normal Cash Rewards except with a 50% bonus when depositing into a BoA account....now I want to be upgraded to this card!! lol
@b1gr3dmachin3 wrote:Wow this is a nice card...it seems pretty much the same as my normal Cash Rewards except with a 50% bonus when depositing into a BoA account....now I want to be upgraded to this card!! lol
But always remember to compare the competition! So Capital One Quicksilver is a no strings attached 1.5% without any fee ($75 a year for this card, waived with a combined $50K BoA balance) and no need for a bank account. But that doesn't have the gas/grocery bonus categories.
Fid Amex gives 2% everywhere, but needs you to set up a free Fidelity account. And also lacks those bonuses.
But the gas at least is attractive here, for those without PenFed/Fort Knox, and when Discover or Freedom doesn't cover gas.