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be brokered; bartered; attached; pledged;
gifted; sold; or unless specifically
authorized by Us, transferred to anyone
else under any circumstances, including,
but not limited to: disability; death; upon
operation of law, or in connection with any
domestic relations dispute and/or legal
proceeding.
• We shall have no liability for
disagreements between Cardholders
regarding Cash Rewards.
• Unless specifically authorized by Us,
Cash Rewards may not be combined with
other discounts, special rates, promotions
or other reward programs offered by Us.
• Unless specifically authorized by Us,
Cash Rewards cannot be transferred
between any credit card accounts issued
by Us.
• Cash Rewards may not be combined
with any other entity, including airline
frequent flier, hotel frequent guest or
other travel-related or membership
reward charge or credit card programs,
whether in the U.S. or abroad.
• There is no expiration date on your
Cash Rewards, as long as your account
remains in good standing.
Redemption of Cash Rewards
• You can redeem Cash Rewards in U.S.
dollars. You can request an electronic
deposit to an Eligible Account, a
statement credit, or a check.
• One-time redemptions for a contribution
to a qualifying 529 account or
redemptions for a check have a $25
minimum redemption amount.
Redemptions for an electronic deposit
into a Bank of America
®
checking or
savings account, qualifying Cash
Management Account
®
with Merrill Lynch
Wealth Management
®
or Merrill Edge
®
or
for a statement credit have no minimum
redemption amount.
• Automatic redemptions for an electronic
deposit into a Bank of America checking
or savings account or into a qualifying
Cash Management Account
®
with
Merrill Lynch Wealth Management
®
or
Merrill Edge
®
have a $25 minimum
redemption amount.
• We deduct the Cash Rewards you
redeem from your Cash Rewards balance
on the date you request a redemption.
• Either you, as the Cardholder, or any
authorized user may request to redeem
Cash Rewards.
• We have no liability for fulfilling Cash
Rewards requests in good faith in
response to any person claiming authority
on your behalf.
• Once We issue Cash Rewards, if any
transaction contributing to the value of
those Cash Rewards is refunded or
credited, or otherwise rescinded, We may,
at Our discretion, reverse a statement
credit to your Card, stop payment on any
check, and/or withhold subsequent Cash
Rewards, or collect any amount you owe,
in any appropriate manner. This includes,
but is not limited to, the posting of an
equivalent dollar debit in the form of a
cash advance transaction to your Card.
• A 529 plan contribution resulting from
rewards redemption is treated as any
other plan contribution, and may be
subject to gift tax and/or generation-
skipping tax. You are responsible for
any tax liability and any related tax-return
reporting obligations that may result from
your rewards redemption, so please
consult your tax advisor to understand the
tax consequences as Bank of America
does not provide tax advice.
• 529 contributions made by individuals
with an international address will be
rejected and returned.
• If you are considering redeeming for a
contribution to a 529 account held at
Merrill Lynch, please refer to the 529
account’s Program Description for
additional details about the plan, including
maximum lifetime contribution limits.