Bank of America announces promotion offering customers $50
Bank of America has launched a new credit card promotion offering customers a $50 credit on a new Visa Cash Rewards Card. To qualify for the new offer, customers must apply and qualify for a new Visa Cash Rewards credit card and then the new card must be used to make a combination of purchases, balance transfer or cash advance totaling at least $25 within the first 45 days of opening the account.
The card earns cash back rewards in a variety of ways. Customers will earn three percent back on gas, grocery and drugstore purchases for the first six months and one percent cash back on all other purchases. Customers redeeming cash back points of $300 or more will earn an additional 25 percent bonus. Customers can also set up automation redemptions as an account credit, direct deposit, as part of a payment on eligible Bank of America mortgages or in a check.
The card has no annual fee and a zero percent introductory APR on purchases, balance transfers and direct deposits for the first seven or ten billing cycles.
