Author Topic: BankAmericard Better Balance Rewards Card new approvals - Earn $25 per quarter for paying on time  (Read 4692 times)

Offline SPGDUDE

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Aug 2012
  • Posts: 2165
  • Total likes: 122
  • DansDeals.com Hat Tips 120
    • View Profile
  • Location: Lakewood

Offline doctorman

  • Dansdeals Silver Elite
  • **
  • Join Date: Jun 2013
  • Posts: 91
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: NY
any comment on this credit card

I have a world points that I dont use from BOA.
should I switch to this?

Offline htg123

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Jun 2012
  • Posts: 286
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: New York
From what I understand about this card...if u have boa checking account. They will pay you 120 a year paid quarterly just for having the card and not using it. So there's no need for you to use it and there's no annual fee. In the branch they only like offering it to ppl who say they do a lot of spending on their cards

Offline yitzf

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Mar 2011
  • Posts: 2649
  • Total likes: 51
  • DansDeals.com Hat Tips 4
    • View Profile
From what I understand about this card...if u have boa checking account. They will pay you 120 a year paid quarterly just for having the card and not using it. So there's no need for you to use it and there's no annual fee. In the branch they only like offering it to ppl who say they do a lot of spending on their cards

From the T&C
Quote
Your account must remain open and you must have a payment due in each of the monthly cycles of the calendar quarter to be eligible for the quarterly cash reward; a zero balance or a credit balance does not qualify

So you need to actually use the card and make a payment.

Offline mbch

  • Dansdeals Gold Elite
  • ***
  • Join Date: Nov 2012
  • Posts: 150
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Southwest USA
  • Programs: Hertz Five Star
They will pay you 120 a year paid quarterly just for having the card and not using it. So there's no need for you to use it
"You will earn a $25 cash reward for each calendar quarter in which all of your monthly payments are received on or before the due date and are more than the minimum payment due. Your account must remain open and you must have a payment due in each of the monthly cycles of the calendar quarter to be eligible for the quarterly cash reward"
So if you dont use it at all you wont get the money but as long as your bill is more than the minimum payment, youre good.

Offline compddd

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: May 2011
  • Posts: 2925
  • Total likes: 3
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
So you can't just charge $5 to it every month and pay it off, you need to charge enough so that the minimum payment is less than the monthly bill?

Offline mbch

  • Dansdeals Gold Elite
  • ***
  • Join Date: Nov 2012
  • Posts: 150
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Southwest USA
  • Programs: Hertz Five Star
Thats what it seems. But IME minimum payments arent too high

Offline Drago

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: May 2008
  • Posts: 8197
  • Total likes: 30
  • DansDeals.com Hat Tips 18
    • View Profile
Hmm, just got mine in the mail after canceling a diff BOA card due to the fee.
I'll look into this some more and post back here.

(FYI, there is some discussion about this card in a different BOA related thread)

Offline 3ZeroT

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Mar 2011
  • Posts: 319
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
So you can't just charge $5 to it every month and pay it off, you need to charge enough so that the minimum payment is less than the monthly bill?

No need, a payment in full also qualifies - from program rules:

"Qualifying Payment A monthly payment received on or before the Due Date, which is more than the Minimum Payment due; a payment in full received on or before the Due Date is a Qualifying Payment"

Offline gogreen

  • Dansdeals Lifetime Platinum Elite
  • Dansdeals Gold Elite
  • *******
  • Join Date: Jun 2010
  • Posts: 221
  • Total likes: 6
  • DansDeals.com Hat Tips 0
    • View Profile
make sure you dont pay off the balance before the statement closes, you need to have a payment due on the statement.

Offline Zevwolf

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Apr 2013
  • Posts: 782
  • Total likes: 18
  • DansDeals.com Hat Tips 6
    • View Profile
Do you need to have a checking account with them to qualify for the $25?

Offline Yeki89

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Mar 2011
  • Posts: 3859
  • Total likes: 14
  • DansDeals.com Hat Tips 5
    • View Profile
what about 2 cards?

Offline yoss6400

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Dec 2011
  • Posts: 789
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Brooklyn
  • Programs: AAdvantage,sapfire,freedom,
not worth a pull
"Credit Cards delaying arguments for 30 Days"

Offline shmooz

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2010
  • Posts: 1487
  • Total likes: 25
  • DansDeals.com Hat Tips 3
    • View Profile
i have this card and setup autopayment (which is more complicated than most cards) is there any easy way to automatically charge a few dollars every month? dont want to do any significant charge, like phone bill, and cant seem to remember to carry around and use once a month.

Offline etech0

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Dec 2013
  • Posts: 11955
  • Total likes: 1978
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: not lakewood
  • Programs: DDF
i have this card and setup autopayment (which is more complicated than most cards) is there any easy way to automatically charge a few dollars every month? dont want to do any significant charge, like phone bill, and cant seem to remember to carry around and use once a month.
you can do an automatic serve load of a few dollars
Workflowy. You won't know what you're missing until you try it.