The best Bank of America credit card bonus is 50,000 points, for spending $3,000 in the first 90 days you have the Bank of America® Premium Rewards® credit card. The Bank of America® Premium Rewards® credit card has other bonuses too: up to $100 annual airline fee credit and up to $100 credit toward TSA Pre-Check or Global Entry that you can use every four years. The Premium Rewards Card costs $95 per year.
If you're looking for the biggest Bank of America credit card bonus, it's definitely the 50,000 points offered by the Bank of America® Premium Rewards® credit card. And if you want to make sure that's the best overall bonus for your needs, check out WalletHub editors' latest picks for the best credit card sign-up bonuses across all issuers.
The Bank of America® Customized Cash Rewards credit card has a nice, quick and easy bonus of $200. All you have to do is apply online and spend $1,000 within 90 days of opening an account. In addition to that, you'll earn 3% cash back in a category of your choice (from a list of six) and 2% at grocery stores and wholesale clubs.
You can redeem your Bank of America cash rewards in three ways: statement credit, direct deposit to a BofA/Merrill Lynch account, or personal check. Cardholders must have a minimum of $25 in cash back earned in order to redeem, regardless of redemption method.
Using your Bank of America cash rewards for a statement credit is one of the simplest options. Once you have at least $25 in cash rewards, you can directly apply your rewards as a statement credit and the amount will be subtracted from your current balance.… read full answer
To redeem your cash rewards for a direct deposit, you must have a Bank of America checking or savings account, or a Cash Management Account at Merrill Lynch.If you choose to redeem your rewards using the personal check option, you should expect to wait at least 14 days for the check to arrive by mail.
The best Bank of America credit card with a $200 bonus is the Bank of America Cash Rewards Credit Card. It offers $200 for spending $1,000 in the first 90 days after opening the account. That’s one of the best cash back credit card bonuses currently available, and it’s made even better by the fact that the card has a $0 annual fee. In addition, BofA Cash Rewards offers ongoing bonus cash back on purchases, in a category of your choice plus at grocery stores and wholesale clubs. And Bank of America Preferred Rewards banking members earn 25% to 75% additional cash back on the card.… read full answer
There are a number of other Bank of America credit cards that offer a $200 bonus, but most of them are co-branded with various companies or organizations. Some examples include the Susan G. Komen Cash Rewards Visa, the MLB Credit Card, the World Wildlife Fund Card and the U.S. Pride Card. There’s also a student-only version of the Cash Rewards card that offers the same bonus.
Lastly, there are a few Bank of America credit cards with a bonus valued at $200 or more, but you get points rather than cash back. Some options to consider include Bank of America Travel Rewards, Travel Rewards for Students and Premium Rewards. The co-branded Amtrak Guest Rewards Card and Sonesta World Mastercard offer $200+ points bonuses as well.
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