Bank of America Easy Rewards are special cash-back bonuses for Bank of America customers who use their debit and credit cards to make purchases at specific retailers. Customers receive up to 5 percent cash back on these purchases that are applied to their accounts each statement cycle.
In order to qualify for cash-back rewards, customers must first receive an invitation letter in the mail from Bank of America, as well as have an account with the bank that is in good standing. This account must be active and it must include a verified Bank of America debit or credit card. The letter contains an activation code, which customers us to activate the program directly on the Bank of America website.
Purchases that qualify for the Easy Rewards program include grocery purchases, gas purchases, restaurant purchases and hotel reservations. There are no extra steps that customers need to take when making purchases; they simply need to swipe their card like they would with any other purchase and they receive the bonus rewards if the establishment is a participant in the program.
Cash-back rewards are deposited directly into customers' bank accounts, and they can also opt for the deposits to go directly into a savings account each month.