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Easy money, you can too.

Valued Contributor

Easy money, you can too.

I just redeemed my BofA Privileges /w Cash Rewards.

Total $116 before redeeming, after the redeeming I got $174 to BofA Saving.
2013 Approvals: Discover IT - 3/1, Amex BCE - 3/4, CSP - 5/4, Barclay Ring - 6/12, BoA Privileges Cash - 6/27, Citi TY Preferred - 8/6, OCCU Duck - 11/4, USBank (Cash+) - 11/22, Wells Fargo - 12/21, Nordstrom - 12/29

12/19/2013, $100k+ Available Credit. Total Util: 0-1%
Message 1 of 15
14 REPLIES
Established Contributor

Re: Easy money, you can too.

Nice...they're constantly mailbox bombing me with Pre-approvals for their cash rewards card, but I will not leave the garden..


Starting Score: TU 686 EX 641 EQ 690
Current Score: TU 779 EX 767 EQ 740
Goal Score: 800 Club

BCE $12.5K, 5/3 Sig $10K, Wally Discover 10K, Cash+ $9K Sam's Discover 10K, Freedom $6K, Zales $5.5K, More $5K, Cap one $5K, Barclay 2.5K, Household Plat $1.5K, Household Gold $1.5K, Credit One $1K, First Premier Plat $.675K First Premier Gold $.65K
Message 2 of 15
Super Contributor

Re: Easy money, you can too.

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.




Message 3 of 15
Valued Contributor

Re: Easy money, you can too.

I also have that card and the 50% bonus was nice. I have my mom and little brother as AU and i make $25 + 50% in cash back every 2 months.
Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)
Message 4 of 15
Valued Contributor

Re: Easy money, you can too.

@CS800 Yup, next time ill cash in bigger.
@jsickz32 I'm thinking about adding dw to AU.

All in all I like BofA so far. I hope to get auto luv or sp luv soon.
2013 Approvals: Discover IT - 3/1, Amex BCE - 3/4, CSP - 5/4, Barclay Ring - 6/12, BoA Privileges Cash - 6/27, Citi TY Preferred - 8/6, OCCU Duck - 11/4, USBank (Cash+) - 11/22, Wells Fargo - 12/21, Nordstrom - 12/29

12/19/2013, $100k+ Available Credit. Total Util: 0-1%
Message 5 of 15
Contributor

Re: Easy money, you can too.


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?

BoA 123 $2.5k (11/12) // Discover It $3.9k (7/13) // Citi Forward Student $3.8k (7/13) // Chase Freedom 5k (12/13) // Amex Blue Cash 6k (1/15)

Starting Score: No Credit History (11/12)
Current Score: MyFico 761
Goal Score: 800+


Take the myFICO Fitness Challenge
Message 6 of 15
Super Contributor

Re: Easy money, you can too.

So this is essentially a 1.5% base card too with a BofA account?
JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Message 7 of 15
Super Contributor

Re: Easy money, you can too.

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.

Message 8 of 15
Contributor

Re: Easy money, you can too.

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

BoA 123 $2.5k (11/12) // Discover It $3.9k (7/13) // Citi Forward Student $3.8k (7/13) // Chase Freedom 5k (12/13) // Amex Blue Cash 6k (1/15)

Starting Score: No Credit History (11/12)
Current Score: MyFico 761
Goal Score: 800+


Take the myFICO Fitness Challenge
Message 9 of 15
Super Contributor

Re: Easy money, you can too.


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.

Message 10 of 15