Greg Go is a bank card skilled whose monetary recommendation has been featured on US Information & World Report, Enterprise.com, and Yahoo! Finance.
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Backside Line:
- $150 on-line sign-up bonus provide.
- NEW 3% on on-line purchasing, drug shops, journey, eating, or fuel. As much as 5.25% for Most popular Rewards shoppers.
- No annual charge. No curiosity till 2020.
The Financial institution of America® Money Rewards bank card’s $150 bonus provide and 3% money again is the perfect deal I’ve seen in my ten years of reviewing bank cards for Yahoo, US Information, and Smart Bread. (See comparability chart)
In the event you enroll on-line right this moment you’ll be able to obtain a $150 on-line money bonus after spending solely $500 within the first 90 days of opening the account — that’s like incomes 30% again on the primary $500!
The cardboard provides an insane 3% money again in your selection of six classes and a couple of% at grocery shops and wholesale golf equipment (as much as $2,500 in mixed selection class/grocery retailer/wholesale membership quarterly purchases), and limitless 1% on all different purchases. These are the classes that you would be able to select to earn 3%:
- On-line Purchasing
- Drug Shops
- Eating
- Journey
- Fuel
- Residence Enchancment
| On-line Purchasing | Drug Shops | Eating |
| Journey | Fuel | Residence Enchancment |
You select the class you need to get 3% money again for, and it stays on that class till you modify it. Not like different excessive money again playing cards, there’s no month-to-month activation required, and the classes don’t rotate. You’ll be able to change the class as soon as per calendar month.
The 3% for on-line purchasing is the perfect within the business. It applies to all on-line retailers. I have already got this bank card and I like getting 3% again every time I store on-line.
I additionally just like the 3% again for drugstores, which is ideal for households that purchase numerous family items and medicine. Round summer season I’ll be profiting from the three% fuel for street journeys and journey bookings.
As much as 5.25% Money Again
Financial institution of America’s Most popular Rewards shoppers earn an further 25%-75% bonus rewards. As a very long time Financial institution of America and Merrill Lynch buyer, I’m enthusiastic about getting as much as 5.25% money again on a web-based buy, and at the least 1.75% on different purchases.
Who Ought to Get This Card
Financial institution of America Money Rewards is a good match for most individuals — who doesn’t love a straightforward $150 bonus, 0% curiosity for a 12 months, and no annual charge?
The excessive 3% money again on on-line purchasing, drug shops, eating, journey, furnishings, or fuel is unparalleled for a no annual charge bank card. Financial institution of America Money Rewards just about blows its main rivals out of the water (see comparability chart).
That is why I’ve personally been utilizing this card for years and suggest it to all my buddies. This mixture of options is just too good to cross up.
» Click on right here to be taught extra in regards to the simple $150 bonus provide and getting 3% money again on on-line purchasing.
Financial institution of America Money Rewards
Editor’s Choose
Capital One® Quicksilver®
Annual Price
Bonus Supply
3% money again on on-line purchasing, drug shops, eating
2% money again on groceries
Further bonus for present financial institution clients
100% U.S. Primarily based Buyer Service
Our choose
