Key takeaways
- BankAmeriDeals gives a simple approach for many Financial institution of America clients to earn more money again whereas procuring with choose retailers.
- To entry BankAmeriDeals, merely signal into your account on-line or by means of the cell app.
- As soon as contained in the BankAmeriDeals platform, you may add offers to your account by clicking on the “plus” signal — no clipping or printing coupons required.
- After deciding on a deal, money again is deposited into your account inside 30 days of creating a purchase order on-line or in particular person.
Whether or not you have already got a Financial institution of America checking account or bank card or are contemplating opening an account sooner or later, it’s a good suggestion to know the advantages and perks that include playing cards from this financial institution.
Whereas not as eye-catching as excessive money again rewards charges or splashy welcome bonuses, Financial institution of America’s BankAmeriDeals program is a useful approach for cardholders to earn a little bit additional money again on purchases.
What’s BankAmeriDeals?
BankAmeriDeals is a money again program provided by Financial institution of America. Account holders can use a Financial institution of America bank card or debit card to make qualifying purchases and earn money again. This perk is free for all Financial institution of America on-line and cell banking clients, and there’s no sign-up required.
BankAmeriDeals money again rewards are separate from any money again bank card rewards that your card could earn, and so they solely apply to particular taking part retailers and retailers. That mentioned, account holders with rewards bank cards can earn each BankAmeriDeals rewards and no matter rewards include their card — making procuring these offers doubtlessly much more profitable.
Cardholders aren’t required to take part in BankAmeriDeals. However when you’re already planning to make a purchase order from a taking part retailer, the additional rewards is usually a good extra perk. BankAmeriDeals is barely out there to Financial institution of America clients, and there are comparable packages from different issuers — together with Chase Affords and Amex Affords.
Forms of BankAmeriDeals provided
There are a number of several types of BankAmeriDeals on supply. Classes embody leisure, meals, retail, providers and journey. Taking part companies change each few weeks, however latest offers we’ve noticed embody:
- 15 % again at Walgreens when procuring by means of their hyperlink
- 10 % again at Alaska Airways while you spend $50 or extra
- 30 % again at TaxAct
- 5 % again at eBay
- 10 % again at Panera
- 10 % again at Autograph Assortment Accommodations
- 10 % again at Hilton while you spend $100 or extra
- 10 % again at Fanatics
- $15 again while you spend $59 or extra at TurboTax
- 2 % again on each Starbucks buy or registered Starbucks card reload
These money again offers can take the type of a proportion or greenback quantity. Percentages often vary from 5 % as much as 50 %, whereas greenback quantities usually vary from about $4 to $35.
Which Financial institution of America bank cards have entry to BankAmeriDeals?
Most Financial institution of America clients who use on-line or cell banking have entry to BankAmeriDeals. This contains, however will not be restricted to, holders of the next Financial institution of America bank cards, a number of of which cost no annual payment:
Prospects who’ve a debit card with Financial institution of America and use cell or on-line banking also can reap the benefits of these offers. Most clients with Merrill bank cards are additionally eligible to make use of BankAmeriDeals.
There are a couple of card sorts that don’t qualify for this system, although, together with:
- AAA bank cards
- All healthcare account merchandise
- ATM-only playing cards
- Company playing cards
- Fleet playing cards
- Dwelling Fairness Line of Credit score accounts
- Merrill money administration account deferred debit playing cards
- P-Playing cards
- Pay as you go payroll and pay as you go incentive playing cards
- Journey playing cards
How do you employ BankAmeriDeals?
To make use of BankAmeriDeals, you’ll first must check in to your Financial institution of America account on-line or by means of the cell app. Subsequent, navigate to the “Rewards and offers” menu and click on on “Money again offers.” You may then view the out there offers from particular retailers, together with the rewards charge and deal expiration date. Offers solely final for a couple of weeks at a time, and new offers are frequently added.
As soon as you discover a proposal that you just’re enthusiastic about, the following step is to click on or faucet the “plus” button with the intention to activate the deal — no clipping or printing coupons wanted. Then, you may store on the retailer providing the deal both on-line or in particular person to earn money again rewards. When you make a qualifying buy, money again will robotically be deposited into your account inside 30 days of the acquisition.
Along with money again, some offers additionally supply clients reductions or different promotional gives. When deciding which offers to take part in, it’s a good suggestion to learn the advantageous print to find out if there are any particular directions or minimal or most spends.
Cardholders can view out there offers, rewards earned and expired offers at any time. You may as well change your preferences, together with your most well-liked ZIP code, which account you need money again deposited into and deal alert settings.
Redeeming BankAmeriDeals
As soon as you choose a deal and make a qualifying buy, there’s nothing else you could do to redeem rewards. Following a qualifying buy, money again might be robotically added to your account inside 30 days. You may as well set account alerts in order that when your offers are about to run out. Most offers are solely legitimate for a single use, however some can be utilized greater than as soon as.
To take advantage of the BankAmeriDeals program and keep away from pointless spending, it’s a good suggestion to withstand spending greater than you deliberate merely to qualify for sure money again rewards. As an alternative, it is best to use this program sparingly, solely deciding on qualifying offers from retailers that you just already deliberate on procuring with.
The underside line
For Financial institution of America clients with a qualifying debit or bank card from the financial institution, BankAmeriDeals is a novel approach for cardholders to earn some additional money again.
Typically, the BankAmeriDeals program most likely gained’t be the rationale that you just select to open a card or checking account with Financial institution of America. Different advantages — like bank card rewards charges, welcome bonuses, particular promotions and luxurious perks — could play a stronger function in influencing your resolution, so store round to seek out one of the best money again bank card for you. That mentioned, the BankAmeriDeals program represents a pleasant option to earn more money again on on a regular basis purchases.
The details about the BankAmericard® bank card has been collected independently by Bankrate. The cardboard particulars haven’t been reviewed or authorized by the issuer.
The Financial institution of America content material on this put up was final up to date on March 28, 2024.
