Looking to get the most out of your credit card rewards this summer - and beyond ? Bank of America has updated three of its credit cards rewards of money to allow holders of earn money back on the first $ 2,500 in combined grocery, wholesale shopping club and gas each quarter . This quarterly ceiling was up $ 1 500, which is a huge increase in potential rewards! In addition, Bank of America now allows cardholders to earn 2% cash back in the big clubs (including Costco and Sam's Club) , making any of the detailed maps -Dessous must-haves for people who shop at those stores regularly. The categories do not rotate, so you always know what purchases will earn you cash back, and they never expire. The awards are broken down to 3% cash back on gas, 2% in grocery stores and wholesale clubs up to $ 2,500 combined purchases of gas / grocery / Wholesale Club each quarter and 1% on all other purchases.
In addition, Bank of America banking customers also receive additional benefits in the form of a cash bonus reward being 10% when cash back rewards are redeemed directly into their Bank of America checking or savings account. Gold, Platinum and Platinum Honors Customers can earn even more bonus ranging from 25% to 75%. In addition to a generous rewards program, holders of cash rewards that online adhere win a $ 100 bonus after spending $ 500 within the first 90 days.
What America bank cards are affected by this change?
Those interested in enjoying the rewards amazing species have three cards that they can choose. Here are the details for each to help you decide.
Are there any drawbacks?
Cash Credit Cards Rewards Bank of America are a good choice for those who want to earn generous rewards, especially if they have a bank account with Bank of America to redeem their rewards to enjoy the premium customer 10%. However, it is important to keep in mind that there are costs associated with these cards, namely penalty APRs up to 29.99% if you make a late payment and 3% foreign transaction fee, which is ideal for those who frequently travel abroad. In addition, although there is a 12 billing cycle 0% Intro APR on balance transfers made within the first 60 days of ownership of the card transfer fee of 3% of the balance or $ 10 ( whichever is greater) will be applied.
Visit our Bank of America credit card reviews to see a side by side comparison of detailed maps in this article.
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