
Bank of America's Add All Deals feature is a game-changer for those looking to maximize their rewards earnings. It's a simple way to earn more points or cash back on your purchases.
By enabling Add All Deals, you can earn 3x points on gas purchases and 2x points on other purchases made with your eligible credit card. This can add up quickly, especially if you use your card for everyday expenses.
To take advantage of this feature, you'll need to have an eligible Bank of America credit card and activate the feature in your online account. Some cards that offer this feature include the Bank of America Cash Rewards credit card and the Bank of America Travel Rewards credit card.
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What Is AmeriDeals?
BankAmeriDeals is a platform that allows Bank of America debit or credit card users to earn discounts in the form of cash back at popular retailers, restaurants, and service companies.
You'll need to log on to the bank's website to activate each deal beforehand, but it's worth the extra work to save 5% to 10% on goods and services you'd buy anyway.
Using AmeriDeals

To use BankAmeriDeals, simply log in to your Bank of America account and click the "Special Offers & Deals" tab.
Clicking on the "Available" tab will show you all the active deals you can take advantage of. You can browse through the list to find a deal that interests you.
To add a deal to your account, click "Add this deal" next to the offer you want. Once you've added a deal, you can use your eligible Bank of America credit or debit card or Merrill Lynch credit card to make a purchase.
Cash back will be credited to your account the month after you make your payment for the deal. You can check the status of your cash back by clicking "Earned" on the BankAmeriDeals page.
Here's a step-by-step guide to using BankAmeriDeals:
- Log in to your Bank of America account.
- Click the “Special Offers & Deals” tab.
- Click on the “Available” tab to check out active deals.
- When you find a deal you’d like to use, click “Add this deal.”
- When you’re ready to pay for the deal, use your eligible Bank of America credit or debit card or Merrill Lynch credit card.
How to Use AmeriDeals
To use AmeriDeals, log in to your Bank of America account and click the “Special Offers & Deals” tab. From there, you can browse active deals and add the ones you'd like to use.
For another approach, see: Chase Sapphire Travel Deals

Click on the “Available” tab to check out active deals and find the ones that interest you. You can also check the status of your cash back by clicking “Earned” on the BankAmeriDeals page.
To activate a deal, click “Add this deal” and then use your eligible Bank of America credit or debit card or Merrill Lynch credit card when making your payment. This is how you'll receive cash back.
Cash back will be credited to your account the month after you make your payment for the deal. This means you'll need to keep track of the deal's expiration date, as individual offers do have specific deadlines.
Here's a simple step-by-step guide to using AmeriDeals:
- Log in to your Bank of America account
- Click the “Special Offers & Deals” tab
- Click on the “Available” tab to check out active deals
- Add the deals you'd like to use
- Use your eligible Bank of America credit or debit card or Merrill Lynch credit card when making your payment
- Receive cash back the month after your payment
How to Get Bonuses
Using AmeriDeals to snag bonuses is a great strategy. One bank that offers bonuses is Bank of America, which requires new customers to open a new eligible account through a promotional link.
To get a bonus from Bank of America, you need to open a new account online, as this is a requirement for online-only applicants.
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The bonus requirements usually involve making a specific amount of qualifying deposits into the new account, and/or maintaining a specified balance for a certain time.
Bank of America will typically pay your bonus within 60 days from the end of the qualifying period.
Here's a quick rundown of the steps to get a bonus from Bank of America:
- Open a new account through the promotional link in the offer.
- Complete the offer requirements, which usually include making a certain amount of qualifying deposits and/or maintaining a specified balance for a certain time.
- Bank of America will pay your bonus within 60 days from the end of the qualifying period.
Bank of America Deals
Most Bank of America credit and debit cards are eligible for BankAmeriDeals, including Merrill Lynch cards, but there are exceptions like ATM-only cards and certain credit cards.
You can check online or in the mobile app to see if your card qualifies for any deals.
It can take up to 30 days for BankAmeriDeals to show up on new accounts and on accounts for which a replacement card has been issued.
To find and use BankAmeriDeals, log on to your Bank of America account and click on the "Special Offers & Deals" tab or the BankAmerDeals tab on the mobile banking app.
Broaden your view: Ubs Recent Deals
You'll see the offers available on your card, such as earning 10% cash back on Starbucks purchases up to a $3 maximum with my Alaska Airlines Visa Business credit card.
Non-Rewards Cards can earn 2% cash-back as a statement credit on the first $2,500 in purchases up to $50 cash-back.
On a similar theme: Add Reel Back
Cash Back and Rewards
Bank of America offers several ways to earn cash back and rewards. You can earn up to 20% cash back on purchases at over 270 online retailers through the Add It Up program.
The Add It Up program allows you to pay with a Bank of America credit or check card and choose how to redeem your cash back earnings. You can also combine cash back with existing deals and discounts from retailers and other Bank of America programs.
Some Bank of America credit and debit cards are eligible for BankAmeriDeals, which can give you extra cash back or discounts. You can check online or in the mobile app to see if your card qualifies for any deals.
Bank of America also offers a one-time cash back boost on certain cards. On November 7, you can earn an additional 2% cash back on the first $2,500 in purchases, up to $50 cash back. This applies to both cash-back cards and non-rewards cards.
Some cards may not be eligible for BankAmeriDeals, including ATM-only cards, AAA credit cards, and Credit Purchasing Cards.
Cash Back on Purchases
You can earn up to 20% cash back on purchases at over 270 online retailers through Bank of America's Add It Up program.
To be eligible, you need to have a current Bank of America credit or check card and be enrolled in online banking, which you can do for free through the bank's official website.
One of the benefits of shopping online through Add It Up is the ability to pay with either a current Bank of America check card or consumer credit card.
Additional reading: How to Write a Check for Bank of America
You can also redeem your cash back earnings into a checking or credit card account, making it easy to manage your rewards.
The cash back offer can be combined with existing deals and discounts from retailers and other Bank of America programs, such as Keep The Change and BankAmericard Rewards.
There's no limit to how much you can earn in cash back through Add It Up.
If you hold a Bank of America card that typically earns cash-back, you'll get an additional 2% cash-back on November 7, up to $50 cash-back, for the first $2,500 in purchases.
This offer can be a great opportunity to earn additional rewards on your purchases, so consider delaying some large purchases until November 7.
Even if you hold a credit card that doesn't usually accumulate miles, points, or cash-back, you'll earn 2% cash-back as a statement credit on November 7, up to $50 cash-back, for the first $2,500 in purchases.
Not all Bank of America credit and debit cards are eligible for BankAmeriDeals, but most are, including Merrill Lynch cards.
However, there are some exceptions, such as ATM-only cards, AAA credit cards, and Credit Purchasing Cards, so it's worth checking online or in the mobile app to see if your card qualifies.
Savings Rewards
Bank of America offers a Savings Rewards program that can help you earn more interest on your savings.
The program is called Preferred Rewards, and it's available to customers who meet certain balance requirements.
There are four tiers to the program: Gold, Platinum, Platinum Honors, and Diamond and Diamond Honors.
The interest rates vary depending on your account balance and tier level.
Here's a breakdown of the interest rates for each tier:
The interest rates are the same for both account balance ranges, so you'll earn the same rate regardless of whether you have $2,500 or more in your account.
Business Banking
Bank of America offers a range of business banking services to help small business owners manage their finances.
With Bank of America's business banking services, you can earn rewards on business purchases and get cash back.
Their business credit cards offer 0% intro APR for 12 billing cycles, which can be a lifesaver for businesses with big expenses.
Business Checking Offer $200 Bonus
To qualify for the $200 bonus offer, you'll need to open a new Bank of America Business Advantage Banking account through their promotional page, which is only available online.
The offer is exclusive to new eligible business checking customers, and you must deposit $5,000 or more in New Money within 30 days of account opening.
To maintain the offer, you'll need to keep an average balance of $5,000 in your new Business Advantage Banking account during the 90-day Maintenance Period.
The bonus will be paid within 60 days of meeting all requirements, and Bank of America will attempt to pay it out as soon as possible.
Here's a summary of the requirements to earn the $200 bonus:
Business Checking Accounts
Bank of America offers two types of business checking accounts: Business Advantage Fundamentals Banking and Business Advantage Relationship Banking.
Business Advantage Fundamentals Banking is ideal for small businesses just starting out, with a monthly fee of $16 or $0 for the first 12 statement cycles. To avoid the monthly fee after that, you need to meet one of the requirements each statement cycle.
Business Advantage Relationship Banking is better suited for more established small businesses that can maintain a higher balance. The monthly fee is $29.95, but it can be avoided each statement cycle by maintaining a $15,000 combined average monthly balance or becoming a member of Preferred Rewards for Business.
With Business Advantage Relationship Banking, you also get a second Business Advantage checking account for no maintenance fee, and you'll pay no fees for domestic and international incoming wire transfers.
Here are the monthly fees for both accounts:
Additionally, Bank of America is offering a $200 bonus for opening a Business Advantage Banking Checking Account.
Checking Account Benefits
Bank of America offers a range of benefits with its checking accounts, particularly through its Preferred Rewards program. This program rewards you more as you maintain a higher balance in your combined BofA checking account and/or Merrill Edge and Merrill Lynch investment accounts.
You can earn discounts on mortgage fees, auto loan interest rate, and home equity line of credit interest rate with each tier of the Preferred Rewards program. The higher your tier, the larger your discount.
Bank of America also offers cash back deals through its BankAmeriDeals program. You can search for deals, activate the ones you like, and earn extra cash back when you make a purchase using your eligible BofA credit or debit card.
Here are the different tiers and benefits of the Preferred Rewards program:
- Tier 1: 10% to 25% discount on mortgage fees, auto loan interest rate, and home equity line of credit interest rate
- Tier 2: 25% to 50% discount on mortgage fees, auto loan interest rate, and home equity line of credit interest rate
- Tier 3: 50% to 75% discount on mortgage fees, auto loan interest rate, and home equity line of credit interest rate
Pros and Cons
Bank of America offers a range of benefits for its customers.
Frequent bonuses are available for new customers, making it a great option for those looking to boost their bank account.
The bank is available in 37 states, providing a wide reach for its services.
Low requirements to waive monthly fees for basic accounts make it an attractive option for those on a budget.
You can easily switch between checking tiers to find the one that suits your needs best.
The mobile app is highly-rated, making it a convenient option for managing your finances on-the-go.
Free spending and budgeting tools are also available, helping you stay on top of your finances.
The bank offers a wide range of banking services, making it a one-stop-shop for all your financial needs.
On the downside, low APYs for savings accounts may not be the best option for those looking to grow their savings.
Unfortunately, there is no free checking option, which may be a drawback for some customers.
Additionally, many other banking fees may apply, so be sure to review the fine print before signing up.
Frequently Asked Questions
How do Bank of America Amerideals work?
BankAmeriDeals are automatically available for eligible Bank of America account holders, who can simply choose deals, shop, and pay with their eligible debit or credit card to earn cash back. Cash back rewards are then credited to their account.
What is the 2/3/4 rule Bank of America?
The 2/3/4 rule at Bank of America limits new card approvals to 2 within 30 days, 3 within 12 months, and 4 within 24 months. This rule helps prevent excessive credit inquiries and maintains credit account health.
How to get the $200 from Bank of America?
To earn the $200 online cash rewards bonus, make at least $1,000 in purchases within the first 90 days of opening your Bank of America Customized Cash Rewards credit card account. This bonus is a great incentive to start using your card and earning rewards.
Sources
- https://www.nerdwallet.com/article/credit-cards/bank-of-america-bankamerideals-review
- https://millionmilesecrets.com/guides/bank-of-america-bankamerideals/
- https://upgradedpoints.com/news/bank-of-america-more-rewards-day/
- https://www.globalcustodian.com/bank-of-america39s-add-it-up-service-offers-cash-back-on-purchases/
- https://www.creditdonkey.com/promotions/bank-of-america-bank/
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