Bank of America Historic High Offers: Cash Rewards ($200) and Travel Rewards (25k)

Bank of America has a good two-card setup if you plan on having your assets with them long-term. The points earning rates vary by reward tier, and the more assets you have, the higher your earning rate is. Learn more about the Bank of America Duo here

Bank of America Preferred Reward Tiers

  • No account = 0% bonus
  • $0 to $19,999 (any account) = 10% bonus
  • $20,000 to $49,999 (Gold status) = 25% bonus
  • $50,000 to $99,999 (Platinum status) = 50% bonus
  • $100,000+ (Platinum Honors status) = 75% bonus

Source: https://www.bankofamerica.com/preferred-rewards/#benefits

Bank of America currently has two increased signup bonuses.

If you're starting out in your credit journey looking for a good signup bonus, as well as a starter card, the Bank of America Cash Rewards card has a  matched historic high bonus of $200. 

Bank of America Cash Rewards

  • Annual fee: $0
  • Signup bonus: $200 after spending $500 within the first three months of account opening
  • 0% APR for 12 months offer
  • Earn 3% on gas 
  • Earn 2% on groceries and wholesale clubs

For people looking to travel, the Bank of America Travel Rewards card has a new historic high signup bonus of 25,000 points.

Bank of America Travel Rewards

  • Annual fee: $0
  • Signup bonus: 25,000 points ($250 towards travel) after spending $1,000 within the first three months of account opening
  • 0% APR for 12 months offer
  • Earn 1.5 points on all purchases
  • No foreign transaction fees


Editorial Note: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities. 

UGC disclosure: 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.