This is a neat little offer for Bank of America customers. If you are a Bank of America customer then you probably already know about their free BankAmeriDeals® aka free cash back if you use your debit card at certain stores/retailers. I personally have gotten cash back a few times as a surprise since I forget which deals are ongoing which is always nice if happen to end up shopping at one of the places anyways.

However, the free $2 back for redeeming any deal is great if you are going to be shopping at one of the places offering free 10% back anyways. Right now the deals showing up on my online banking include Jo-Ann Fabrics, Starbucks, Panera, Wawa and more. I personally may go to Jo-Ann Fabrics with a 40% off coupon to look for something that will cost less than $2 (they have a dollar section) and then know I will be getting it back for FREE! Even if I end up getting two $1 stocking stuffers for Christmas I’ll be happy.