$200 Upgrade Bonus for Bank of America Business Advantage Unlimited Cash Rewards Card
Update 2/19/22: More people are getting this offer and for other products. HT DoC
Last month, Bank of America launched the Business Advantage Unlimited Cash Rewards card. It earns unlimited 1.5% cash back on all purchases, but that can go as high as 2.62% with a Preferred Rewards relationship. The card has no annual fee.
Now Bank of America is targeting some current small business cardholders with an offer to product change to this card and earn a $200 statement credit. The offer was sent out by mail, and you must have received it directly in order to qualify.
To get this $200 bonus, you need to make at least $1,000 in purchases from the date you upgrade to the Business Advantage Unlimited Cash Rewards card, through January 20, 2022.
This is similar to the $200 product change bonus that was previously offered to some current customers for the Bank of America Unlimited Cash Rewards card.
This is a targeted offer and a $200 bonus that you can receive without having to apply for a new card.
However, even if you weren’t targeted for this offer, there are better bonuses available. There’s a $300 offer online for new applications, and Bank of America bankers can get you a better bonus of $500.
Hat Tip Reader Dr Jay