topic Re: BoA Premium Rewards Grocery/Dining Credit in Credit Cards

BoA Premium Rewards Grocery/Dining Credit

K-in-Boston — Tue, 23 Jun 2020 14:35:41 GMT

Just got this in my inbox. That was unexpected! Up to $50 in a new statement credit for grocery and dining!

Re: BoA Premium Rewards Grocery/Dining Credit

Anonymous — Tue, 23 Jun 2020 14:51:34 GMT

Thanks for the "heads up"... I haven't got that email yet. I guess its time to dust off my Premium Rewards card; I've been wearing out my CSR this month with Groceries and Gas Station spending being offset with the travel credit.

Re: BoA Premium Rewards Grocery/Dining Credit

K-in-Boston — Tue, 23 Jun 2020 15:38:51 GMT

I'm just happy that this is a NEW credit. Seems like everyone else (other than Amex, who did add new ones on my Platinum cards) was either giving me an option to use the travel credit (already used) in new ways or giving me new higher earnings in categories that Amex Gold was already taking care of, usually for the better (including several Amex cards).

And don't forget to read the fine print:

Receipt of a statement credit does not affect your responsibility to pay your Minimum Payment Due shown on each statement you receive from us.

Re: BoA Premium Rewards Grocery/Dining Credit

simplynoir — Tue, 23 Jun 2020 15:36:53 GMT

Received this as well this morning. Sounds like dinner takout at Popeyes tonight is in order to nab that credit easily 🐔

Re: BoA Premium Rewards Grocery/Dining Credit

Anonymous — Tue, 23 Jun 2020 15:40:12 GMT

So who said Covid was all bad.....

Re: BoA Premium Rewards Grocery/Dining Credit

Anonymous — Tue, 23 Jun 2020 15:40:40 GMT

@K-in-Boston wrote:
I'm just happy that this is a NEW credit. Seems like everyone else (other than Amex, who did add new ones on my Platinum cards) was either giving me an option to use the travel credit (already used) in new ways or giving me new higher earnings in categories that Amex Gold was already taking care of, usually for the better (including several Amex cards).

And don't forget to read the fine print:

Receipt of a statement credit does not affect your responsibility to pay your Minimum Payment Due shown on each statement you receive from us.

LOL... duly noted.

Re: BoA Premium Rewards Grocery/Dining Credit

simplynoir — Tue, 23 Jun 2020 15:49:02 GMT

Forget at times we have two of those cards with DW's and think our two friends/roommates have it as well. I'll have to remember this for later

Re: BoA Premium Rewards Grocery/Dining Credit

wasCB14 — Tue, 23 Jun 2020 19:35:44 GMT

Glad we have a while to use it! I'm well-stocked on groceries and I'm sitting on $80 in Uber Eats discounts expiring in a week.

Re: BoA Premium Rewards Grocery/Dining Credit

Trikoret — Tue, 23 Jun 2020 19:45:05 GMT

I haven't gotten it yet. I've had this card since it came out. Is this offer for all BofA Premium cards or select card holders?

Re: BoA Premium Rewards Grocery/Dining Credit

K-in-Boston — Tue, 23 Jun 2020 19:55:04 GMT

@Trikoret wrote:
I haven't gotten it yet. I've had this card since it came out. Is this offer for all BofA Premium cards or select card holders?

I was reading DoC earlier (I beat them by a good half hour) and it appears that it's slightly targeted and does not appear to be going out to recently opened accounts. If you don't get it at some point today or tomorrow, it might be worth calling them to see if your card is eligible. Like you, I got mine in 2017 when it first came out.

FWIW some Travel Rewards cardholders also received emails that they now have the option to use points on some non-travel purchases. I did not get that email for mine.

Re: BoA Premium Rewards Grocery/Dining Credit

simplynoir — Tue, 23 Jun 2020 20:22:19 GMT

@K-in-Boston wrote:
@Trikoret wrote:
I haven't gotten it yet. I've had this card since it came out. Is this offer for all BofA Premium cards or select card holders?
I was reading DoC earlier (I beat them by a good half hour) and it appears that it's slightly targeted and does not appear to be going out to recently opened accounts. If you don't get it at some point today or tomorrow, it might be worth calling them to see if your card is eligible. Like you, I got mine in 2017 when it first came out.

FWIW some Travel Rewards cardholders also received emails that they now have the option to use points on some non-travel purchases. I did not get that email for mine.

The datapoints in the comments on that DoC article show there's no real ryhme or reason for the emails being sent at this point. There were a few that got the target email and only had the card for 1-3 months. I think like DoC suggested it might be they're staggering out the emails because it sounded to me they are targetting all PR cardholders regardless of status with BofA ie Preferred program or how long you've had the card

Re: BoA Premium Rewards Grocery/Dining Credit

AverageJoesCredit — Tue, 23 Jun 2020 21:12:49 GMT

@Anonymous wrote:
<Poor taste comment warning>
So who said Covid was all bad.....

I know ill get a comment from a certain poster after this but oh well. There are comments id like to say offhandily in jest but when i take a moment to think will it not play right with someone out there due to their situation, i catch myself from posting it. You might try the same here because for some of us , Covid is ALL bad and worse. Thank you for understanding.

Re: BoA Premium Rewards Grocery/Dining Credit

CreditCuriosity — Tue, 23 Jun 2020 21:53:11 GMT

Please keep it classy as different people have been impacted by cv-19 in different ways some havent been impacted at all while others have lost family, etc.. Don't think i need to add anything else and expect this thread to be about BOA credit and nothing else. thank you

Re: BoA Premium Rewards Grocery/Dining Credit

UpperNwGuy — Wed, 24 Jun 2020 02:58:37 GMT

I've lost a family member because of COVID-19.

Re: BoA Premium Rewards Grocery/Dining Credit

MacCreed — Wed, 24 Jun 2020 07:14:20 GMT

This one is very nice! With all these great new add-ons I am making out like a bandit! Keep them coming!!!!!

Re: BoA Premium Rewards Grocery/Dining Credit

xenon3030 — Thu, 25 Jun 2020 05:20:16 GMT

Does it cover groceries only?

Re: BoA Premium Rewards Grocery/Dining Credit

wasCB14 — Thu, 25 Jun 2020 05:52:53 GMT

@xenon3030 wrote:
Does it cover groceries only?

"You will qualify for a statement credit for the amount you spend (up to $50) on any combination of purchase transactions at eligible grocery store and dining merchants through 12/31/2020. Eligible purchase transactions include those made in the following merchant category codes (MCC): Grocery Stores/Supermarkets (MCC 5411), Freezer/Meat Lockers (MCC 5422), Candy/Nut/Confection Stores (MCC 5441), Dairy Product Stores (MCC 5451), Bakeries (MCC 5462), Misc. Food Stores (MCC 5499), Eating Places and Restaurants (MCC 5812), Drinking Places (Alcoholic Beverages), Bars, Taverns, Cocktail lounges, Nightclubs and Discotheques (MCC 5813), and Fast Food Restaurants (MCC 5814). Excluded from this offer are wholesale clubs, superstores and smaller stores (like drug stores and convenience stores) that sell groceries and other products"

Re: BoA Premium Rewards Grocery/Dining Credit

Anonymous — Thu, 25 Jun 2020 14:29:46 GMT

I'm torn on the BOA Premium Rewards. It's a good SUB play, with a 16.7% return on spend for a card whose annual perks can exceed its annual fee. So I will probably get it at some point when I resume traveling and can use the incidental credit.

But I am not sure I would ever actually use the card. In terms of noncategory spend, travel insurance and travel earn rates, I already have better options.

Currently, I am trying to collect as many BOA Cash Rewards cards as quickly as possible under the 234 rule.

Re: BoA Premium Rewards Grocery/Dining Credit

coldfusion — Thu, 25 Jun 2020 14:44:40 GMT

Insofar as cashback return the Preferred Rewards card really doesn't shine unless you're a BoA Preferred Rewards client.

Re: BoA Premium Rewards Grocery/Dining Credit

Curious_George2 — Thu, 25 Jun 2020 18:23:12 GMT

@coldfusion wrote:
Insofar as cashback return the Preferred Rewards card really doesn't shine unless you're a BoA Preferred Rewards client.

I dislike the confusingly similar names BofA uses for this stuff.

The best thing they offer is a Premium Rewards card with the Platinum Honors tier in the Preferred Rewards program, right?That's a prptprprprplpltplty big mouthful. They should use clearer names.