What are the Bank of America Mastercard benefits? This question is about Bank of America Mastercard

The Bank of America Mastercard benefits include zero liability protection, Mastercard Global Service, and ID theft protection. Below you can find more details on each benefit. Here are the Bank of America Mastercard benefits: Zero liability: You won’t be held responsible for unauthorized transactions. This benefit applies to purchases made in store, over the phone, online, via a mobile device, or ATM transactions. Mastercard Global Service: This benefit provides emergency assistance anytime, anywhere, and in any language. Mastercard Global Service helps you with reporting a lost or stolen card, obtaining an emergency card replacement or cash advance, finding an ATM, and answering questions about your account. ID theft protection: This benefit monitors your credit file and sends alert notifications whenever suspicious activity is detected. It also provides a resolution specialist when required. Certain exclusions and limitations may apply. So, make sure to check the guide to benefits that came with your Bank of America Mastercard for more details. In addition to having these benefits, it’s important to remember that most Bank of America Mastercard credit cards also give rewards. Rewards aren’t generally considered card benefits but having a credit card that earns great rewards can be a big asset to cardholders.

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What are the Bank of America Mastercard benefits?

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This question is about Bank of America Mastercard

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Paddy Sullivan, WalletHub Credit Card Advisor

@PaddySully • 02/03/23 This answer was first published on 02/25/22 and it was last updated on 02/03/23.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The Bank of America Mastercard benefits include zero liability protection, Mastercard Global Service, and ID theft protection. Below you can find more details on each benefit.

Here are the Bank of America Mastercard benefits:

Zero liability: You won’t be held responsible for unauthorized transactions. This benefit applies to purchases made in store, over the phone, online, via a mobile device, or ATM transactions.
Mastercard Global Service: This benefit provides emergency assistance anytime, anywhere, and in any language. Mastercard Global Service helps you with reporting a lost or stolen card, obtaining an emergency card replacement or cash advance, finding an ATM, and answering questions about your account.
ID theft protection: This benefit monitors your credit file and sends alert notifications whenever suspicious activity is detected. It also provides a resolution specialist when required.

Certain exclusions and limitations may apply. So, make sure to check the guide to benefits that came with your Bank of America Mastercard for more details.

In addition to having these benefits, it’s important to remember that most Bank of America Mastercard credit cards also give rewards. Rewards aren’t generally considered card benefits but having a credit card that earns great rewards can be a big asset to cardholders.

Answer Question

What are the MasterCard credit card benefits?

The MasterCard credit card benefits are:

Zero liability protection
Baggage delay insurance
Rental car insurance
Lost or damaged luggage insurance
Travel accident insurance
Trip cancellation insurance
Card assistance
Concierge service
Luxury travel benefits
Experiences, promotions and offers

These benefits may vary depending on the type of your credit card, or the issuer.… read full answer

Contact your issuer to find out your complete benefit coverage, as well as its terms and conditions.

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What is the best Bank of America credit card with a $200 bonus offer?

The best Bank of America credit card with a $200 bonus offer is the Bank of America® Customized Cash Rewards credit card. This card offers $200 for spending $1,000 in the first 90 days after opening the account. Plus, you can earn 1 - 3% cash back on purchases. The card’s annual fee is $0.

Best Bank of America Credit Cards With a $200 Bonus in 2023

Best Overall: Bank of America® Customized Cash Rewards credit cardBank of America® Customized Cash Rewards credit cardLearn MoreLearn Moreon issuer's website

The Bank of America Customized Cash Rewards credit card offers $200 for spending $1,000 in the first 90 days. Plus, you can earn 3% cash back in a category of your choice and 2% back at grocery stores and wholesale clubs (up to $2,500 spent quarterly), plus unlimited 1% cash back on all other purchases.… read full answer

The card’s annual fee is $0 and you need excellent credit for approval.

Unlimited Cash Back: Bank of America® Unlimited Cash Rewards credit cardBank of America® Unlimited Cash Rewards credit cardLearn MoreLearn Moreon issuer's website

The Bank of America Unlimited Cash Rewards credit card offers $200 online cash rewards for spending $1,000 in the first 90 days. In addition, with this card you can earn 1.5% cash back on all purchases.

The card comes with a $0 annual fee and it requires excellent credit for approval.

Students: Bank of America® Customized Cash Rewards Credit Card for StudentsBank of America® Customized Cash Rewards Credit Card for StudentsLearn MoreLearn More

The Bank of America® Customized Cash Rewards Credit Card for Students offers $200 for spending $1,000 in the first 90 days. Plus, you can earn 3% cash back in a category of your choice, 2% at grocery stores and wholesale clubs (up to $2,500 spent on these categories combined per quarter), and 1% on all other purchases.

The card’s annual fee is $0. People with limited credit can get approved for this card.

Alternative Bank of America Credit Card Bonuses

It is worth noting that there are Bank of America credit cards with a bonus valued at $200 or more, but they offer points rather than cash back. A good example would be the Bank of America® Travel Rewards credit card, which offers 25,000 points for spending $1,000 in the first 90 days. Generally, the value of Bank of America rewards points will vary depending on how you redeem them and the card you have.

If you’re not tied to Bank of America as an issuer, feel free to also check out some of the best cash back credit cards on the market to weigh your options.

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How can I redeem my Bank of America cash rewards?

The easiest way you can redeem your Bank of America cash rewards is either online or through the mobile app. Alternatively, you can do it over the phone, by calling customer service at (800) 434-8313.

How to Redeem Your Bank of America Cash Rewards Online

Select the “Rewards” tab.

Choose a redemption option.

Select the amount of cash back to redeem.

Submit your redemption request.

You can redeem your cash rewards for statement credit, direct deposit to a BofA/Merrill Lynch account, or a 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.

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.

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