BofA 3% Update, Multi Cards = Multi Categories

[wasCB14]

"Bonus Category Cap: Grocery store, wholesale club and Choice Category Net Purchases earn bonus cash rewards on the first $2,500 of combined Net Purchases made each calendar quarter. Once the $2,500 quarterly limit is reached, additional Net Purchases will earn base cash rewards of 1%. "

[kdm31091]

The $2500 cap has nothing to do with Preferred Rewards. It is based on your spend. You'll reach it when you spend $2500 regardless of your rewards tier.

[Anonymous]

Thank you.

I get it now.

[credit_is_crack]

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@Anonymous wrote:

I was just approved for my second 1-2-3 card today. Waiting for it to show up in online banking to set the category!

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Nice Win Grasshopper! Looks like for those with the BofA tier setup (25%, 50%, 75% bonuses) someone could really rake in the dough with these. Congrats again!