Banking

Best Debit Cards That Pay Cash-Back Rewards January 2024 – Forbes Advisor


A Bank of America debit card offers customizability and ease of use for anyone looking to earn cash-back rewards on everyday purchases.

There are three Bank of America Advantage Banking checking accounts: SafeBalance Banking, Advantage Plus Banking and Relationship Banking. Each account has a monthly fee ranging from $4.95 to $25, but these can be waived by meeting age or balance requirements.

With a Bank of America debit card, you earn cash-back rewards through the BankAmeriDeals program. This program offers rewards and discounts at a variety of stores, restaurants and other retailers. It’s free to use, there are no limits on earning and deals are updated regularly.

To earn rewards, you’ll activate all deals you’re interested in through the mobile app or online platform. Then, when you make a purchase at a participating retailer, cash-back rewards are automatically deposited into your account.

Read our full BankAmeriDeals Review.

You will be automatically enrolled in BankAmeriDeals when you opt into online and mobile banking. You must activate BankAmeriDeals cash-back rewards deals through the BofA mobile app or website before making a purchase. Some deals may have restrictions, such as maximum cash back amounts or minimum purchase amounts.



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