I was told by an online acquaintance that they were — after logging into their BOA Business Advantage Checking Account — targeted by Bank of America for $750 elevated sign up bonuses for both the Business Unlimited Cash Rewards (BUCR) & Business Customized Cash Rewards (BCCR) credit cards.
The normal sign up bonus is $300 a piece. The “elevated” offer many of us know about is $500 a piece. This $750 offer is total news to me!
I was just approved for my Bank of America Business Advantage Business Checking account recently for the $1k SUB for $20k invested for 75 days — along with fast track to Preferred Rewards Plat tier status. I have an appointment setup already with a BOA SMB Banker for next week to get both the BUCR & BCCR. I was going to ask the rep for the $500 elevated offers, but will now see if she can do $750 a piece.
I should only get a single hard pull for both of these card applications since they are both done on the same day; additionally since these are business cards they don’t affect my Chase 5/24 status, as well as my personal credit utilization.
My friend told me the MSR on each card was $5,000 in 90 days and that they are each 0% APR for 9 months.
Actual Screenshot of the Fine Print.
Cashback Bonus with Preferred Rewards. With Plat tier Business Preferred Rewards status, I will get 2.25% CB with the BUCR and 4.5% CB with the BCCR. Later, whenever I achieve Platinum Honors tier status, I will get 2.62% and 5.25% cashback respectively — it might be a year or so before I can achieve Plat Honors.