New Incentives on the Horizon
Starting May 27, 2026, Bank of America is set to launch a game-changing 10% Relationship Bonus for credit card rewards, specifically designed for customers with eligible checking accounts. This development is not just a small tweak; it’s a significant shift aimed at enhancing how customers earn rewards on their spending. For those who hold Bank of America credit cards, this bonus can translate into substantial additional earnings, particularly for frequent spenders.
Why This Matters
The 10% Relationship Bonus will apply to various Bank of America credit cards, including popular options like the Premium Rewards card and co-branded Atmos Rewards cards from Alaska Airlines and Hawaiian Airlines. For example, if you typically earn 1% cash back on your purchases, this bonus would elevate your return to 1.1%. The bonus can be particularly advantageous for cardholders who regularly spend in higher earning categories—imagine earning 2.2% on dining or 3.3% on travel purchases. However, it’s crucial to note that this bonus does not stack with higher-tier rewards from the existing Preferred Rewards program, meaning users will need to consider which earning structure benefits them the most.[1]
Moreover, this change is designed to make rewards access easier, as it eliminates the previous requirement of maintaining a $20,000 balance to qualify for the best rewards. Now, all you need is an eligible checking account, making it accessible for a broader range of customers.[2]
Maximizing the New Bonus
To make the most of the new 10% Relationship Bonus, consider the following strategies:
- Open an Eligible Checking Account: Ensure you have an active Bank of America checking or savings account. This is your ticket to the bonus rewards.
- Focus on High-Earning Categories: Use your card for purchases in categories that offer enhanced rewards. For instance, if your card offers 2x points on groceries, your effective earnings could jump to 2.2 points per dollar with the bonus.
- Keep Spending: The bonus applies to all eligible purchases. If you’re already spending on essentials, you might as well earn more back.
- Track Your Earnings: Use tools like SuperPay’s Spending Reports to monitor how much you’re earning each month. This will help you identify if you’re truly capitalizing on this new bonus structure or if you’re leaving rewards on the table.
Consider Applying for New Cards
With the launch of this bonus, it's an excellent time to consider applying for a new card if you don’t already have one. For instance, the Bank of America Premium Rewards credit card currently offers a significant signup bonus—worth up to 50,000 points after meeting a minimum spending requirement. Coupled with the new 10% bonus, you could start your rewards journey with a substantial bang![3]
This is especially true for those eyeing travel rewards, as points can be redeemed for flights and hotels, enhancing your travel experiences significantly. Don't miss out on these attractive offers as they may change quickly.
Simplifying Your Strategy with SuperPay
Navigating the new rewards landscape can be complex, but SuperPay is here to make it effortless. One of the standout features is the Rewards Roadmap (PRO+), which provides a personalized plan to maximize your points across all your cards, including the new Bank of America offerings. This feature ensures you know exactly how to utilize the 10% Relationship Bonus effectively, taking the guesswork out of your spending. Additionally, the Smart Card Picker instantly tells you which card to use at every store, guaranteeing you always earn the most rewards possible.
If you want to ensure you’re making the most of your credit card rewards, integrating SuperPay into your strategy could be a game-changer.
Your Next Move
Don't wait for May 27 to come around. Start optimizing your rewards strategy today. Download SuperPay on the App Store and unlock your potential for maximizing credit card rewards effortlessly.
Take advantage of the new Bank of America 10% Relationship Bonus and elevate your rewards experience like never before!