topic Re: BankAmerideals cash back in Credit Cards

BankAmerideals cash back

MrDisco99 — Fri, 04 May 2018 23:20:47 GMT

How long does it take to get cash back if I redeem a BankAmerideals offer? I'm just wondering if it's Amex style where I have to wait until after I've paid for the purchase (or carry the balance) before I can use the credit.

Re: BankAmerideals cash back

Aahz — Fri, 04 May 2018 23:36:00 GMT

According to the terms:

Your BankAmeriDeals cash back will typically be credited to your account within 30 days after you redeem the deal. For example, any deals you redeem in the month of December should be credited to your account by the end of January.

I've only used 3 Bank Amerideals. Two posted on the following statement as expected and the third I had to call in after 60 days to get it posted.

Re: BankAmerideals cash back

K-in-Boston — Fri, 04 May 2018 23:45:30 GMT

Mine have been credited to my checking account right about the same time as the statement closed on whichever card I used. While MRs earned from spend do take a full statement cycle after being earned to post with Amex, your comment struck me a little odd since Amex Offers and any bonuses (cash or points for both) have always posted immediately after the transaction was final for me.

Re: BankAmerideals cash back

MrDisco99 — Fri, 04 May 2018 23:57:11 GMT

I was thinking more along the lines of Amex blue cash back which takes two statements to post.

As long as I see it before the following due date I’m fine with it. I don’t use my BoA cards very much so I wanted to use the cash back toward the actual purchase without having to carry a balance. Amex blue cash rewards is the only program I know of that won’t let you do that.

Re: BankAmerideals cash back

K-in-Boston — Sat, 05 May 2018 00:10:56 GMT

Gotcha. Since BankAmerideals and Amex Offers are so similar that’s what had me puzzled since Amex Offers are almost always near-instant.