The MLB Cash Rewards Mastercard from Bank of America has a bonus offer for a $200 cash rewards for spending at least $1,000 in the first 90 days of having your account open.
With the MLB Cash Rewards card, you are able to put your favorite teams logo on your card. The MLB card, is obviously for MLB fans only. Using the Bank of America Cash Rewards credit card will give you common benefits and perks even without the MLB brand.
If you want a 2%-3% cash back reward for grocery stores, wholesale clubs, and a category that you can pick out yourself. But, ironically they don’t have any baseball related benefits to offer you.
Being in the Preferred Rewards program will gain you an additional 25% – 75% bonus on your expenses.
Bank of America MLB Card Quick Facts
| Bonus Available | Get an online cash rewards bonus of $200 once you’ve spent a minimum of $1,000 in expenses in the first 90 days of having your account open. |
| Bonus Value | $200 |
| Travel Credit | N/A |
| Ongoing Rewards/Benefits | Receive 3% cash back in the category you’ve picked such as: gas, online, dining, travel, drug stores, or home improvement/furnishings.
Earn 2% cash back towards grocery stores and wholesale clubs. Get 1% cash back towards other expenses. You can gain 2% – 3% cash back for the first $2,500 in a choice category altogether every quarter, then gain 1%. |
| Foreign Transaction Fees? | 3% (minimum $10) |
| Airport Lounge Access | N/A |
| Annual Fee | None |
Recommended Free Credit Score (Get Free Score)
690 – 850 (Good – Excellent)
*If interested see our list of Bank of America bonuses for Checking & Savings accounts.*
Pros
- $200 bonus
- No annual fee to justify
- 0% intro APR for 12 billing cycles
- Bank of America Preferred Rewards bonus of 25% – 75%
Cons
- $2,500 spending cap on bonus rewards
- Foreign transaction fees
Editor’s Alternate Pick
 The Chase Freedom FlexSM offers a $200 bonus after spending $500 on purchases in your first 3 months from account opening. 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR. You'll earn: • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter! • 5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service • Unlimited 1% cash back on all other purchases You cash back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back. This card has no annual fee. |
Bank of America MLB Credit Card $200 Bonus
This $200 cash bonus is highly competitive with other high ranked credit cards that come with no annual fee. You must charge your card at least $1,000 in the first 90 days of having your account open to be able to qualify for this bonus cash offer.
Here are some ideas on meeting the spending requirement:
How Much Cash Back Can You Earn?
The biggest rewards rate you can get in the category option of your choosing is 3% cash back. However, if your spending changes, you will be able to update your choice category for any purchases made in the future once a month with the mobile banking app or online.
But, if you don’t pick a category, then it will immediately go towards the gas 3% category as the default. If you tend to spend a decent amount of money towards Amazon rather than gas, then you should opt for the Online Shopping category option to use your rewards to its full potential.
When you’re picking a 3% cash back category, then you are able to pick from one of the 6 choices provided:
- Gas
- Online shopping
- Dining
- Travel
- Drugstores
- Home improvement and furnishings
You can gain 2% back at grocery stores and wholesale clubs.
Remember, there’s a limit to how much you’re able to earn. The 2% and 3% rewards rates apply with no more than $2,500 in category options altogether. Other expenses will gain an unlimited 1%.
You can redeem your cash rewards at any time for statement credits or deposits made directly in a Bank of America checking or savings account. It can also go towards a qualifying Merrill Lynch or Merrill Edge account for credit.
If you want to redeem for a contribution towards an eligible 529 account with Merrill Lynch or Merrill Edge or for a check with a minimum starting at $25.
You can set up an automatic redemption towards a qualifying Bank of America, Merrill Lynch, or Merrill Edge account. These redemptions will begin at $25. Getting statement credits, checks, and contributions towards a 529 account isn’t qualified for an immediate redemption sign up.
The MLB Cash Rewards credit card rewards is pretty clear to understand. You can gain 1-3% cash back in rewards. There aren’t really any intricate plans that you need to use to get more value with Chase’s Ultimate Rewards program with the Chase Sapphire Preferred Card.
Bank of America MLB Card Top Features
For the first 12 billing cycles, you will receive a 0% APR rate for your expenses. It will offer you more time to pay off a huge purchase you’ve made.
Keep in mind, the introductory 0% APR offer will also go to balance transfers that you’ve made in the first 60 days. By doing this you can use it to save money towards interest or current debts you have. But, there is a 3% ($10 minimum) balance transfer fee.
Sign up for Bank of America Preferred Rewards with a minimum of $20,000 in your accounts altogether. Then you are able to benefit from a 25% – 75% rewards increase for each of your expenses.
You can qualify for the Preferred Rewards program is you have a Bank of America personal checking, or Advantage Banking account active. You must maintain at least a 3 month average balance in these accounts or your Merrill Edge or Merrill Lynch investment accounts to be eligible.
| Tier | Qualifying Combined Balance |
| Gold | $20,000 |
| Platinum | $50,000 |
| Platinum Honors | $100,000 |
If you don’t already have a Bank of America checking account, you can check this link out to view current BoA checking account bonuses. It will help you figure out if you want to switch to this bank or not.
People who are already apart of the Preferred Rewards program will get different tiers such as: 25% for Gold, 50% for Platinum, and 75% for Platinum Honors.
If you’re a top tier customer, spending $100 will normally gain you $3 (3%), but it will actually gain $5.25 (5.25%) which is better than the average you would normally get back from your purchases.
| Qualifying Balance | Bonus Category Rewards Rate | Grocery/ Wholesale Club Reward Rate | Reward Rate for Everything Else |
| $20,000 (Gold) | 3.75% | 2.5% | 1.25% |
| $50,000 (Platinum) | 4.5% | 3% | 1.5% |
| $100,000 (Platinum Honors) | 5.25% | 3.5% | 1.75% |
Bottom Line
This $200 bonus cash back offer can compete against other cash back cards that comes with no annual fee attached. They have a vague definition for their category choices like online shopping, this includes Amazon.com. It could be much simpler for you to seek a 3% rewards category to suit your spending needs.
But, the 2% and 3% rewards rates will be capped and will only be applied for no more than $2,500 in purchases in each quarter.
Since this card has spending limitations placed on their categories, it might not be the best option for a family with high expense rates. However, if you own a Bank of America account, it can increase your rewards rate from 3% to 5.25% when you have a big balance with BoA or Merrill Lynch, and if you are eligible for the Preferred Rewards Program.
This Bank of America MLB credit card can even be used as a multi-card spending plan (using different cards for different category options). Since this card has no annual fees included, their rewards won’t expire, this way you can take as long as you want to gain your cash back. Remember, this card has a foreign transaction fee of 3% ($10 minimum) attached. If you travel overseas, you should have the Bank of America Travel Rewards card that doesn’t have any foreign transaction fees included with their card.
(Visit Bank of America for more information)
What’s the Competition?
Below, there are some of Bank of America MLB Cash Back Rewards credit card’s top competitors listed.
 The Chase Freedom Unlimited® Card offers a $250 bonus after spending $500 on purchases in your first 3 months from account opening. Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR. In addition, you can earn: • 6.5% cash back on travel purchased through Chase TravelSM, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more • 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service • 3% on all other purchases (on up to $20,000 spent in the first year). After your first year or $20,000 spent, enjoy 5% cash back on travel purchased through Chase TravelSM, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases. There is no minimum to redeem for cash back & your cash back rewards do not expire as long as your account is open. This card comes with no annual fee and you'll get a free credit score that is updated weekly with Credit JourneySM. Member FDIC |
 The Capital One Quicksilver Cash Rewards Card offers $200 Cash Back after spending $500 on purchases within 3 months from account opening. 0% intro APR on purchases and balance transfers for 15 months; variable APR after that; balance transfer fee applies You'll earn: • 1.5% Cash Back on every purchase, every day with no rotating categories or sign-ups needed to earn cash rewards. • Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply. This card comes with no annual fee and no foreign transaction fees which makes this card a viable option for your go-to everyday card. |
Category cash back alternatives:
The Chase Freedom FlexSM offers a $200 bonus after spending $500 on purchases in your first 3 months from account opening. 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR. You'll earn: • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter! • 5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service • Unlimited 1% cash back on all other purchases You cash back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back. This card has no annual fee. |
 The Capital One Savor Cash Rewards Credit Card offers a one-time $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening. 0% intro APR on purchases and balance transfers for 15 months; variable APR after that; balance transfer fee applies You'll earn: • 3% Cash Back at grocery stores (excluding superstores like Walmart and Target), on dining, entertainment and popular streaming services. • 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply). • 8% Cash Back on Capital One Entertainment purchases. • 1% Cash Back on all other purchases. This card comes with no annual fee and no foreign transaction fees. |
 The Blue Cash Everyday® Card from American Express offers $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months. Enjoy 0% intro APR on purchases and balance transfers for 15 months from the date of account opening. After that, 18.24% to 29.24% variable APR. You'll earn: • 3% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases, then 1%. • 3% Cash Back on U.S. online retail purchases, on up to $6,000 per year, then 1%. • 3% Cash Back at U.S. gas stations, on up to $6,000 per year, then 1%. • 1% back on other eligible purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit or at Amazon.com checkout. There are no annual fees with this card (See Rates & Fees). Terms Apply. |
I received my authentic Ozzie Smith signature baseball after fulfilling the requirements for the Bank of America MasterCard. However, the signature looks nothing like any signature of his that I can find. Is it really his signature?