Bank of America increased the bonuses last year from $100 to $150 on the MLB card [1] and the Susan G. Komen card [2].
In addition, the bonus increased on the standard Bank of America Cash Rewards card.
The Bank of America Cash Rewards card sign up bonus is now $150.
The card earns 1-3% cash back on purchases but could go as high as 3.75%-5.25% based on the category and Preferred Rewards program tier.
It’s Free Money [3] Friday!
How to Get Your $150 Bonus
- Sign up for the Bank of America Cash Rewards* credit card.
- Make at least $500 in purchases in the first 90 days.
- Receive $100 online cash rewards bonus.
*Find and compare all current credit card offers in our credit card directory [4].
Bank of America Terms and Conditions
- No annual fee.
- This one-time promotion is limited to new customers opening an account in response to this offer.
- Limit one (1) bonus cash rewards offer per new account.
Preferred Rewards Program
You can earn a 25%-75% bonus on your total purchases when you have a Bank of America deposit account and meet certain balance requirements:
- Gold Tier ($20,000 – $50,000): 25% bonus (1.25%-3.75%)
- Platinum Tier ($50,000 – $100,000): 50% bonus (1.5%-4.5%)
- Platinum Honors Tier ($100,000+) 75% bonus (1.75%-5.25%)
More on Bank of America
Earning Cash Back. Earn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs and 3% on gas up to the first $2,500 in combined grocery/gas purchases each quarter.
Redeeming Rewards. Cash rewards may be requested on demand, or by registering for the automatic reward redemption method of choice.
Bonus on Redeeming Rewards. You can also earn a 10% bonus if you redeem your cash back into a Bank of America checking or savings account. This is an easy way to stretch your rewards even further.
Intro APR. 0% Introductory APR on purchases and balance transfers for the first 12 Statement Closing Dates following the opening of your account.