Awesome card, awesome real cash benefits!
We originally had a World Of Warcraft visa card that gave us game subscription rewards, but that deal closed down after a while, so about a year ago we went looking for a new credit card that would give rewards, since we use our credit card for everything and pay it right away to avoid any fees whatsoever. We’re generally really smart with our money, so we never spend more than we have, and thus never get in debt (beyond the house payment). So we came across the Bank of America cash rewards system, and we decided it was the best bang for our buck. 1% cash back on all purchases, 2% on groceries and 3% on gas, which is great for us when we combine it with our local supermarket perks (Meijer’s Mperks).
Instead of getting the usual perks we noticed, like Olive Garden vouchers and other “rewards level” bonuses, we get a noticeable bonus all the time, and its not something we have to keep track of. No more logging in and seeing “Oh another 400 bucks until our next voucher!”, we get our rewards simply and easily, as cash back into our account. We’re not forced to spend it on a selection of vouchers, its actual real money that we get to spend however we want. Its a no fuss and minimal effort rewards system which provides a great benefits, on top of the no fees. And since we pay no interest on it, the rate doesn’t matter.
All in all, very happy with it when we looked at the alternatives.