2025.6 Replace: The brand new supply is $200 plus limitless 2% cashback for the primary 12 months. That is 0.5% extra cashback along with the present 1.5% cashback fee. Subsequently, if you’re a Platinum Honors member with +75% bonus, you’ll earn 1.5%*(1+75%)+0.5%=3.125% cashback fee! That is the perfect ever supply on this card. This can be a implausible supply in case you have large spending.
2021.7 Replace: This can be a new card, and the welcome supply is $200.
Utility Hyperlink
Advantages
- $200 supply: earn $200 cashback after spending $1,000 in first 3 months.
- Earn 1.5% cashback on all purchases.
- BoA Most popular Rewards program: In case you have checking/financial savings/brokerage account in BoA or Merrill Edge, you may earn further factors primarily based on the quantity of asset. Earn further 25% rewards if you’re in Gold tier ($20k or extra in stability); 50% if Platinum tier ($50k or extra in stability); 75% if Platinum Honors tier ($100k or extra in stability).
- No annual charge.
Disadvantages
- It has overseas transaction charge, so it isn’t a good selection exterior the US.
Advisable Utility Time
- You will get it even with out SSN and with no credit score historical past in any respect! We advocate you go to the department on this state of affairs.
- [New] 2/3/4 Rule: BoA will solely approve you for at most: 2 playing cards per rolling 2 months; 3 playing cards per rolling 12 months; and 4 playing cards per rolling 24 months. As a result of their IT system hasn’t been totally up to date but, you might not get declined due to this rule. As an alternative, you might get authorized at first, after which the account will likely be closed due to “authorized in error”.
- [New] 24 month churn rule: This card is not going to be out there to you if you happen to at the moment have or have had the cardboard within the previous 24 month interval.
Abstract
The sign-up bonus is first rate for a no annual charge card. If you’ve gotten $100k+ stability in BoA or Merrill Edge, you may earn 1.5%*(1+75%)=2.625% in return! This card is kind of much like BoA Travel Rewards, the primary variations are: (1) this card is a cashback card, so that you don’t want to fret concerning the hustle of redeeming level; (2) this card has overseas transaction charge, so that you shouldn’t use it exterior of the US.
Associated Credit score Playing cards
After Making use of
- Click on here to test BoA utility standing.
- BoA reconsideration backdoor quantity: 877-383-0120 or 866-811-4108. Plainly the quantity is altering. Please inform us without delay if it fails. The representatives right here can get in contact with decision-makers straight.
