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Updated June 11, 2015:
Rewards credit cards are getting ever more valuable, and offering more lucrative deals. The BankAmericard Cash Rewards Visa Card provides an example. If you take out this card, you’ll earn a $1o0 credit by charging at least $500 in retail purchases within the first 90 days after activating your account.
This credit will automatically show up on your BankAmericard credit-card account.
The card also comes with other perks: You’ll earn 3 percent cash back on gas and 2% back on grocery purchases on a combined $1,500 of spending per calendar quarter, and 1 percent cash back on all other purchases. And this card comes with no annual fee and 12 billings cycles of interest free financing.
With as competitive as the credit-card industry is today, expect to see more of these lucrative deal perks in the future.