Those who are planning to get Bank Of America Cash rewards card which has 1% cash back on every purchase, 2% at grocery stores and now at wholesale clubs and 3% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter.
Following are unsaid facts which bank official will not tell
1. This card has $100 bonus if you apply online. Bank official will not tell you about it. So always apply it online.
2. The cash back can be redeemed to your saving / checking account, credit card account or through check. Check takes 14 days to reach your address. Now unsaid fact which might be written in terms and conditions somewhere is redeem can be done when cash back amount reaches $25 So basically you have to use credit card to spend minimum $2500 monthly to get $25.
All the best.
Following are unsaid facts which bank official will not tell
1. This card has $100 bonus if you apply online. Bank official will not tell you about it. So always apply it online.
2. The cash back can be redeemed to your saving / checking account, credit card account or through check. Check takes 14 days to reach your address. Now unsaid fact which might be written in terms and conditions somewhere is redeem can be done when cash back amount reaches $25 So basically you have to use credit card to spend minimum $2500 monthly to get $25.
All the best.
