Bank of America’s BankAmeriDeals don’t get quite as much attention as American Express My Offers, but it’s definitely worth a second look. Like most people, I largely ignored the many emails and alerts I received about BankAmeriDeals over the 10+ years I’ve banked with them. That changed last month when I received a targeted deal from Bank of America: Make a payment on your cell phone bill with your Bank of America card and get a $75 statement credit. I believe the payment minimum was something ridiculous like $15 and sure enough, the credit posted to my account. I decided to delve deeper into BankAmeriDeals and see what else they offered and was pleasantly surprised.
BankAmeriDeals features deals with lots of popular merchants – Five Guys, Starbucks, Olive Garden, etc. Some of these deals are absurdly capped at 5% cash back up to $3 but there are some others I came across that were decent:
Through December 12, BankAmeriDeals is offering 5% cash back on Airbnb rentals. The maximum cash back that can be earned through this promotion is $34, meaning you can earn rewards on up to $680 worth of Airbnb bookings. Not bad!
The BankAmeriDeals Starbucks offer is one of those pathetic ones I mentioned earlier. Cardholders earn 5% cash back, up to $3, on their Starbucks purchases through December 28. This is actually a pretty regular offering, so I wouldn’t take advantage of it now, when there are so many great gift card deals, along with that Visa checkout offer, available. That said, if you’re ever reloading your Starbucks card with $60 and there’s nothing better around, this is worth considering. We all stop by a Starbucks at some point during our travels and it’s nice to be able to save a bit of cash doing so.
Raley’s is another merchant capping 5% cash back at $3 through BankAmeriDeals. However, if you’re buying a Visa gift card to meet a credit card spending requirement or generate a few hundred extra miles this $3 credit can off-set the fee. Almost.
St. Regis BankAmeriDeals
I saved the best for last. While BankAmeriDeals are usually limited to a lot of fast food restaurants, there’s a pretty good offer from St. Regis Hotels. Through December 31, 2016 Bank of America cardholders can earn 10% cash back on U.S. St. Regis Hotel bookings. Cash back is limited to $250 and this deal does require a minimum of $500 spent.
To take advantage of BankAmeriDeals, simply login to your Bank of America account, scroll over the Special Offers & Deals tab, select “cash back deals,” and choose the credit card you want to apply your deals to. You can do this by selecting “Credit Card account – ” next to “cash back pending”. Then pick the deals you want added to the card, much like you would with American Express offers.
So while BankAmeriDeals aren’t quite up there with American Express Sync Offers, there are occasionally some good deals that come around. It’s worth checking the Cash Back Deals page occasionally to see what’s available.
Have you taken advantage of any good BankAmeriDeals cash back offers? Please share in the comment section.
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