Shopping cashback portal Rakuten is offering an additional bonus on select Bank of America credit cards. The values may fluctuate as with all their payout rates, but currently I am seeing the following:
- $250 cash back on the credit card.
- $150 cash back on the credit card.
This is on top of the existing sign-up bonus for each card, so it should be worth clicking through Rakuten before applying. I usually don’t experience 100% perfect tracking from shopping portals in general, but Rakuten has been pretty reliable for me. If you don’t have an account yet, you can open a new Rakuten account through my after you spend your first $50 through the portal.
Historically, these are two of my favorite BofA rewards credit cards. They have no annual fee, but really work best on an ongoing basis if you can move over stocks/ETFs to Merrill Edge brokerage and hit the highest tiers on their Preferred Rewards program. Unfortunately, BofA recently . If you are an existing Preferred Rewards member, you may have an extra year before the change takes effect, depending on your anniversary month.
Still, even without the Preferred Rewards, the first-year value for both cards will get you in the $500 range when you add both bonuses together. Keep in mind that you can buy Costco gift cards after picking the “Online Shopping” category of the Customized Cash card (which can earn 6% cash back during first year, up to $2,500 per quarter).
Related Posts
