Am I just too lucky or is Bank of America’s CRM pretty generous? I’m saying this because during the last two years alone, I’ve earned over $1,000 in free cash and travel credit from Bank of America, without committing to anything extraordinary. Let me explain:
I’ve moved to the US in 2009 and during my first three years I’ve only used my debit card (WHAT AN IDIOT!) while missing out on thousands of miles/credit card rewards points. In 2012 I got my first credit card and currently I own over 20 credit card accounts. Of course I’m not actively using all of them at once, and by carefully managing my spending, I’m retaining an excellent credit score which allows me to get approved for any credit card, from low-tier ones to AmEx Platinum. All of this allowed me to travel extensively around the world, often times for a fraction of the market value, thanks to sign-up bonuses and rewards from each card.
But one bank among others has treated me with so much generosity. Bank of America has showered me with the following gifts and rewards to this day:
- 2009: Opened a no-fee Bank of America Student Checking account and closed in 2012 after opening an account at Chase.
- 2015: I earned $150 cash for opening a BankAmericard Cash Rewards account and spending $500 within the next 90 days. Later on I kind of stopped using this card.
- 2016: Received a call from the bank and was offered another $150 cash bonus for re-starting to use my BankAmericard Cash Rewards Card and spending $500 within the next 90 days.
- 2017: Just when I was looking for a new bank for a Checking account I received a targeted email offer for $300 cash bonus for opening a new BoA checking account and setting up a direct deposit totaling $4000 or more within the next 90 days. I closed my accounts at Chase to punish them because they rejected my application for Chase Sapphire Reserve card twice. My first and only rejection by a bank, kinda hurts!
- 2017: Earned BankAmericard Travel Rewards $200 travel credit that can be redeemed towards travel purchases.
- 2015-2017: Cash Rewards earned as result of spend; $200+
All of this was made possible by signing up for two credit cards with no annual fee and great welcome offers like 0% APR for the next 12 months.
I’m sharing this because if you have the opportunity to follow a similar usage path as me, you might end up getting these targeted offers as well. Thanks Bank of America!
About the Author:
Saf Dogan is a New York-based travel hacker, blogger & YouTuber who’s been featured on ABC News for visiting 25 countries in one year on a budget, while keeping a full time digital marketing job back in NYC.