There have been a lot of changes lately, mainly regarding its recent MBNA absorption. As a consequence, several threads with similar concerns were created.
Also, there are usually quite a few juicy offers which are spread around.

These are the two main reasons why I am trying to put all the eggs into one basket, in the hopes they won't break, though. My goal for this thread is to become a centralizer for all current deals and issues.

Here we go:

1. MBNA-BofA systems merger:

Nationwide BofA systems merger and some Yodlee implications
mbna And BOA Credit Cards To Become FIA Cards
How to access MBNA cobranded cards
Post-merger MBNA BillPay concerns
Payment of former MBNA cards from external checking accounts
Issues with MBNA BillPay after opening a new checking account
Post-merger MBNA BillPay concerns, this thread ended up being updated throughout the days of merger
A logical question: can it be possible to consolidate former BofA and MBNA cards?
MBNA ShopSafe seemed not to work properly for some time
About resuming ebills of former MBNA cards

2. BillPay issues

General discussion
Overusing BillPay can cause accounts closure
An interesting BillPay feature: can pay MBNA cards even during week-ends
BofA Online Payments SNAFU - A Surprising solution that may work for some of you

3. Promos

Unfortunately it seems that BofA promos have died up on December 31st, 2006.
Still going: Keep the Change (100% match for the first 3 months) and affiliate high-yield savings accounts.
$50 for a new CampusEdge account - No longer available
New $50 CAmpusEdge Checking promo: enter code CAMPUSCASH when opening it online
Free Second BofA checking account
Expired $100+$100 for opening personal and biz checking accounts
$125 for opening a checking+ savings combo
An expired offer for $250 when you opened a new checking account
$100 for opening a new checking account
$100 for opening a new checking account (2 offers for MBNA customers)
$50 for opening a new savings account
$15 offer for test driving online banking
A way to open FREE checking accounts - it doesn't seem to work for everyone, proceed with caution!
Another $50 for opening a new checking account

4. Other promos and deals:

5% EVP card for 6 months!

Link to BofA card with $75 statement credit for purchases of $25 in 45 days


Link to No BT Fee 0% CC deals! (credits to markkundinger)

$250 Keep The Change Thread
$75 bonus for opening a WorldPoints MasterCard

30 Free monthly trades at BofA, $25K min bal

4.4% CDs: better than nothing when depositing large checks

Smoking Hot boa now has mmA which pays as high as 5.37%
mbna Money Market Deposit Account 5.00% APY
Very YMMV 11 mo 5.9% CD for Premier and Private Banking customers


5. Current issues:

BofA is phasing out the free checking accounts with no Direct Deposit

fidelity MBNA 529 card dropped their kickback to 1.5%

Finding cycle CLOSING date in advance for BofA CC accounts

The recurring issue of some people having opened BofA cards for them without requesting one

Requesting online Credit Line Increases

Former BofA cards can be used with MBNA BillPay

Any others current issues you are encountering ?




Please add suggestions and new info (eg: updates, expired offers etc) in the next messages as well as in the Quick Summary. Thank you!

Kudos to you for the effort, thanks!

Thanks OP. I was thinking about this yesterday of doing the same thing you did...This is Awesome!

I dont think we have an informative thread on reallocating credit lines from MBNA to BofA cards

The $100+$100 for opening personal and biz checking accounts promo expired July 15, 2006.

I do have a question:

Whenever I see this in the fine print:

Limit one $XX.XX incentive per household every 60 days.

Does that mean I can open other incentives at that time? or, am I limited to one incentive, in total, every 60 days?

My feeling is that one can only use a particular incentive (MYA100) every 60 days, but is not limited to the number of other incentives opened at any particular time.

Make sense?

nope its any 1 promo in 60 days

Strangely, it worked for me, even though I'm not a TX resident. But you can classify this as YMMV.

THis was on the web page, I can't really tell exactly what the terms are. THe "extend through...October 2007" is what I don't get. My guess is they are saying if you do 2 balance transfers by statement close Jan. 2007, your 0% is extended through October. If only one its through January. (Before someone says "what did they say when you called them", I haven't called them.)

EDIT: OK, I just emailed them for a clarification...


"† The promotional Annual Percentage Rate (APR) offer for Balance Transfers and Check Cash Advances is 0% through your statement Closing Date in January 2007. These promotional rates will extend through your statement Closing Date in October 2007 if a new Balance Transfer or Check Cash Advance posts to your account on or before your statement Closing Date in January 2007. However, your promotional rate period may end sooner. If any Total Minimum Payment Due is not received by the Payment Due Date, then as of the first day of the next billing cycle, the promotional period will end. Thereafter, the APRs for all new and outstanding Balance Transfers and Check Cash Advances will be increased to indexed rates that vary according to the terms disclosed in your Account Agreement, as is or may be amended ("Agreement"). These rates may also be increased to the Default Rates as disclosed in your Agreement. If the Default Rates are applied, your account will no longer have variable APRs that fluctuate according to an index and margin.

We will allocate your payments to balances (including new transactions) with lower Annual Percentage Rates (APRs) (including zero percent) before balances with higher APRs.) Please note that the promotional 0% APR does not apply to purchase transactions. The effect of payment allocation means that you would need to pay your New Balance Total in full and on time to take advantage of the grace period on purchases. Borrowing the full amount of your available credit may result in an overlimit fee, as applicable.

There are no transaction fees for balance transfers. However, effective as of 01/2007, each balance transfer is subject to a 4% transaction fee between $10 and $90 and the Minimum Finance Charge is $1.50.

§ Available credit amount may not include recent purchases, advances, or transfers. When determining your transfer amount, be sure to plan for applicable fees and finance charges (see your account agreement for details)."

A BOA "horror story"...i applied for MyAccess Checking online (through the link to get it without the Direct Deposit Requirement)....

i have been officially rejected by BOA (I called the application line)....first bank in all my years of banking to do that! Seems they have a "problem" verifying who i am...so, for my "protection" i am not permitted to open up my account online, i must go to a BOA branch with photo id and utility bill to prove who i am before they will grant me the privilege of opening an account with them!

So even though they did a "hard pull" on me through trans-union (i have a perfect credit report with all 3 of them) and had my NY State Driver's ID number on my application....and my Social Security Number, and called me on Friday from their Security Department to "verify" my identity, and asked a lot of stupid questions about locations i have never lived at in my life...and names of people who i never knew in my life....they did ask me about my familarity with a particular address (it's the address i use to live at) and i verified that it was indeed my previous address.

"They" can't properly identify me well enough to open an online account for me...
What a wonderful...."customer service" oriented bank BOA is

By the way, they never even bothered to e-mail me about the rejection....if i hadn't phoned them i never would have even known what happened.....Do they really think i would now go into a branch and open an account with them (aside from the fact that i wouldn't be able to use the promotion code).....I think not....