Yes, you can upgrade your Bank of America® Unlimited Cash Rewards credit card to a better offer as long as you’ve had the card for at least several months, and you will have the best odds if your credit score and income have gone up since you applied. To see if your Bank of America Unlimited Cash Rewards credit card qualifies for an upgrade, call customer service at 1-800-732-9194. Bank of America also periodically sends targeted upgrade offers to existing cardholders by mail and email.
Bank of America Unlimited Cash Rewards credit card Upgrade: What You Should Know
Bank of America does not state a specific amount of time the card account must be open before it’s eligible for an upgrade, but it’s a good idea to wait at least 6 months before requesting an upgrade.
Bank of America only allows upgrades to cards within the same card family. For example, you cannot upgrade from Bank of America Unlimited Cash Rewards credit card to a business card or co-branded card.
If you upgrade to a Bank of America card with an annual fee, the charge will appear on the new card’s first monthly statement.
You will not be eligible for any initial bonuses or introductory 0% APR offers associated with the new card, unless they’re included as part of the upgrade offer.
Bank of America Unlimited Cash Rewards credit card upgrades do not require a hard inquiry on your credit report, so there’s no effect on your credit score.
A Bank of America Unlimited Cash Rewards credit card upgrade typically takes just a few minutes. If you are approved, you should receive your card within 7-10 business days from the approval date. Your card number may change, and your new card will come with an updated expiration date and security code.
You can use your old card until the new one arrives, and it will have all the benefits of the new card as soon as the upgrade is complete. Your current credit limit and APR will carry over to the new card, as will any unredeemed rewards, unless stated differently in the upgrade terms.
There are plenty of other credit cards that do offer bonus rewards in specific categories, though. If you're looking for a rewards credit card with bonus categories, a good place to start your search is WalletHub's list of the … read full answerbest rewards credit cards.
Withdraw the cash and remove the credit card from the ATM.
Before you take out a Bank of America Unlimited Cash Rewards credit card cash advance, it’s important to note that it is a very expensive transaction. For starters, a cash advance fee and a separate cash advance APR apply as soon as you withdraw the cash. There may be ATM-owner fees, too.
When paying Bank of America Unlimited Cash Rewards credit card bills by mail, be sure to submit either a check or money order for the payment amount. Bank of America does not accept cash.… read full answer
Tips For Mailing Bank of America Unlimited Cash Rewards credit card Payments
Include your credit card number on your payment to avoid any processing delays.
Allow enough time for Bank of America to receive your payment on or before the due date, or it will be considered late.
Send your payment via overnight mail, if necessary. The Bank of America overnight payment address is:
Attn: Payment Processing DE5-023-03-02 900 Samoset Drive Newark, DE 19713
Credit card payments by mail take the longest to process of all the available payment methods. Alternatively, you can submit a payment from your online account, through the Bank of America mobile app, or by calling customer service at 1-800-732-9194. Bank of America also allows in-person payments at local Bank of America branches.
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