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Bank of America® Unlimited Cash Rewards Credit Card Expired

$200 Bonus Offer
w/ $1K in eligible purchases
+27 Deal Score
78,859 Views
Bank of America is offering a $200 online cash rewards bonus offer after you make at least $1000 in purchases within the first 90 days of account opening with their Bank of America®​ Unlimited Cash Rewards credit card. You will also earn 1.5% cash back on every purchase, every time. There is no annual fee.

Thanks to staff member BoastfulRiver248 for finding this deal.



Slickdeals may be compensated by Bank of America.
Good Deal?

Original Post

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Edited September 3, 2021 at 09:51 AM by
Bank of America is offering a $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening with the Bank of America®​ Unlimited Cash Rewards credit card. You will also earn 1.5% cash back on every purchase, every time. No annual fee.

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Deal
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+27
78,859 Views
$200 Bonus Offer
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Featured Comments

Even I have the same thought!! Is it worth to convert to unlimited 1.5% cb from single category 3 %?🤔
That's... pretty interesting....

I'd be sure and keep a copy of that if you take the offer


(which I would- I do have the travel card but never use it after having gotten its own signup-- this conversion would get me a SUB without a new account/hard pull AND let me ditch the premium rewards card that forced me to find value in the airline credit to keep getting 2.625% cash back on non-cat purchases)
I really should open one of these. Heavily invested in the bank of America ecosystem already. I get 5% back across multiple categories. This would be a great addition for flat rate cash back, but I already have a 2% card. Not sure it's worth a credit pull to get a little more

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Joined Nov 2012
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KNtheSDman
08-27-2021 at 08:01 AM.
08-27-2021 at 08:01 AM.
Can you use this right after approval or do you have to wait until you get the physical card?
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taao
08-27-2021 at 12:15 PM.
08-27-2021 at 12:15 PM.
Quote from Imhotep86 :
Even I have the same thought!! Is it worth to convert to unlimited 1.5% cb from single category 3 %?🤔

Why don't u just keep both, and use the card base on what u r purchasing
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lxc1227
08-28-2021 at 06:46 PM.
08-28-2021 at 06:46 PM.
My college freshman daughter needs a credit card, I was to get this offer. The unlimited travel card has 25,000 points bonus offer and no foreign exchange fees, so I opted for the travel card.
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prozario
08-30-2021 at 07:53 AM.
08-30-2021 at 07:53 AM.
Quote from lxc1227 :
My college freshman daughter needs a credit card, I was to get this offer. The unlimited travel card has 25,000 points bonus offer and no foreign exchange fees, so I opted for the travel card.
the only difference for most people, that Travelcard - you can only redeem the points against travel expenses, plus no foreign exchange fees.

I have the travel card, that red cash card (with bonus category) - I might as well get this one at some point. Basically use this for most purchases with Preferred Reward - and just use the travel card, if i need it for foreign transactions/vacation.
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branr
08-30-2021 at 11:01 AM.
08-30-2021 at 11:01 AM.
Folks, I have a question for those willing to help!

I'm in the market for a 2%+ every day spending card as we don't travel and I have categories covered already. I'd be a brand new BoA client; have no relationship with them currently. I do have $100k I can move to Merrill Edge (taxable brokerage account)

It seems that to qualify for the Platinum Honors (or any "rank" in the Preferred Rewards), you need 3 months of history right? So for me, this would be a simple 1.5% card until I've had the $100k there for 3 months?

Terms and conditions for the Preferred Rewards system also require a BoA checking account (which I wouldn't use).

Does anyone know if BoA will instantly bump you to platinum if you transfer the $100k as a new client?
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fyu
08-30-2021 at 11:17 AM.
08-30-2021 at 11:17 AM.
Quote from branr :
Folks, I have a question for those willing to help!

I'm in the market for a 2%+ every day spending card as we don't travel and I have categories covered already. I'd be a brand new BoA client; have no relationship with them currently. I do have $100k I can move to Merrill Edge (taxable brokerage account)

It seems that to qualify for the Platinum Honors (or any "rank" in the Preferred Rewards), you need 3 months of history right? So for me, this would be a simple 1.5% card until I've had the $100k there for 3 months?

Terms and conditions for the Preferred Rewards system also require a BoA checking account (which I wouldn't use).

Does anyone know if BoA will instantly bump you to platinum if you transfer the $100k as a new client?
nope. need to wait 3 months.

and their brokerage accounts aren't great. people complain about fees, hard to use, .etc.
The best is if you can move a retirement account. Something where you don't actively trade.
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branr
08-30-2021 at 11:27 AM.
08-30-2021 at 11:27 AM.
Quote from fyu :
nope. need to wait 3 months.

and their brokerage accounts aren't great. people complain about fees, hard to use, .etc.
The best is if you can move a retirement account. Something where you don't actively trade.
Thanks. I figured, still not a bad deal.

Luckily in this account I just hold an S&P500 ETF and don't do much beyond the occasional buy in.
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branr
08-30-2021 at 11:49 AM.
08-30-2021 at 11:49 AM.
One more question... anyone have advice on if it's better to start with the card or better to start with the checking account + Merrill Edge transfer? Or does it not matter?
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Knightshade
08-30-2021 at 01:13 PM.
08-30-2021 at 01:13 PM.
Quote from fyu :
nope. need to wait 3 months.

and their brokerage accounts aren't great. people complain about fees, hard to use, .etc.
The best is if you can move a retirement account. Something where you don't actively trade.

FWIW I'm not necessarily a day trader, but I do trade moderately often (including in my IRA) and I don't find their fees any different than most brokers.

The software is... fine? Not awesome- but the only thing really lacking compared to others is you can't assign specific tax lots when you get exercised on sold call options online... you have to either call them to do it, or for folks with 100k+ accounts you'll have a personal banker type person you can email to do it.
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person62741198
08-31-2021 at 12:49 PM.
08-31-2021 at 12:49 PM.
I've been waiting 3 weeks to receive this card so called in today (I HATE calling BofA)---they said it was just sent out today. So it will take a month to get my card, making my 0% offer worth less? Wtf? BofA is the WORST. Their website is absolute CRAP and they have no way to contact anyone via chat or email that I can see. At least the person I talked to today wasn't incompetent for once...
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JungleHermit
08-31-2021 at 07:00 PM.
08-31-2021 at 07:00 PM.
I see lots of hate here. I am on the minority maybe but BofA's app is pretty clean. Merrill Edge could be wonky for constant day trader but they are fine. I have not paid any fees in trading major ETFs or well known stocks.

If you are a preferred reward member (even at platinum tier-2nd tier of 50,000 USD or above in savings/checking/edge), this beats any other cash back cards out there with cashback of 2.25%.

That all being said, even at 15000 spending, 2.625% would yield 393.75 compared to 300 of 2% (other competitors like Wells Fargo, PayPal, Citi). This is 93.75 difference.. something to think about.

This is no brainer for folks who are already in BofA ecosystem, however.
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Last edited by JungleHermit August 31, 2021 at 07:05 PM.
Joined Dec 2009
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philstacy
09-01-2021 at 11:36 AM.
09-01-2021 at 11:36 AM.
I spend thousands on the internet so this is now my best credit card even without the $200.
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DubbDubb
09-03-2021 at 08:54 AM.
09-03-2021 at 08:54 AM.
Quote from KNtheSDman :
Can you use this right after approval or do you have to wait until you get the physical card?
Your can use right away. I added move to my mobile phones digital wallet.
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DubbDubb
09-03-2021 at 09:05 AM.
09-03-2021 at 09:05 AM.
Quote from philstacy :
I spend thousands on the internet so this is now my best credit card even without the $200.
Get the Cash Rewards card (Red card) and pick the online category. If you mainly shop online. Get way better rates then 1.5.
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Chinonoco
09-04-2021 at 11:19 AM.
09-04-2021 at 11:19 AM.
Quote from person62741198 :
I've been waiting 3 weeks to receive this card so called in today (I HATE calling BofA)---they said it was just sent out today. So it will take a month to get my card, making my 0% offer worth less? Wtf? BofA is the WORST. Their website is absolute CRAP and they have no way to contact anyone via chat or email that I can see. At least the person I talked to today wasn't incompetent for once...

Why would it be worthless? Its 15-18 months 0 APR?
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