Join over 5,000 people who are subscribed to receive a once daily email with all of our posts. Never miss out! Click here to subscribe.
Learn how to maximize your points & miles! Join Our Facebook Group!
|Miles to Memories does not have a direct relationship with the card issuing bank(s) and this post does not include any affiliate links. If you wish to support the site by applying for credit cards or using other referral links, you can do so here.
Before applying I highly suggest reading the following posts: Slow & Steady Doesn't Make You A Loser and A Mandatory Waiting Period to Apply for Credit Cards?. You can find all of our credit card reviews here.
Bank of America Cashback Deals
I write a lot about Amex Offers, because there simply isn’t anything like them. American Express has shocked me time and time again with the generosity of their offers. With that said, did you know that Bank of America has a similar program for their cardholders? It is called BankAmeriDeals.
Before I go any further, I don’t want to oversell BankAmeriDeals. Generally they aren’t very good, however I know from time to time people get very lucrative offers. Up until today, all that has been available for me is 10% off at restaurants like Applebees, Panera and Pei Wei. Today I finally found a better deal.
My Best BankAmeriDeals & Stacking for More Savings
The targeted promotion I was offered gives $10 back when I redeem any of my other available BankAmeriDeals. Sort of a deal within a deal. Well I checked my other Amerideals and none really stood out to me (see merchants mentioned above), except for one. I can get 10% back for using one of my BofA cards at Starbucks.
While that savings isn’t too crazy, remember that purchasing a simple Starbucks drink would result in $10 cashback, so it definitely could be worthwhile. Also, I ran across this deal. Right now Starbucks is offering a $10 bonus when you use a Visa card to load $25 in their app. So potentially, for $22.50 out of pocket (after my 10% back) I could get $10 in cashback plus $35 in Starbucks credit or roughly 50% off.
Now I don’t know if a purchase within the app would trigger the Amerideal for 10% off, but the $10 bonus deal is pretty good in and of itself. Either way, this is a good reminder to check the Amerideals section of your online account every once in awhile.
How BankAmeriDeals Work
To check your available BankAmeriDeals, simply login to your account and hover over the “Special Offers & Deals” menu. Then click on “Cash Back Deals”. Unlike Amex Offers which are linked to a specific card, these deals work for any card. So in my example above, I can pay at Starbucks with any of my Bank of America credit or debit cards to trigger the 10% off and the $10 bonus.
I know this isn’t the greatest example of a deal, but free money is free money. No matter whether you have a good deal in there now or not, its probably worth it to take a second to click that link once in awhile when checking your account. Definitely not as good as Amex Offers, but still something nonetheless.
This post may contain referral, affiliate or sponsor links that provide Miles to Memories compensation. Thank you for your support.