NEA Member Benefits is pleased to announce the all new enhanced NEA® Cash Rewards Card, which is available to members immediately! Now members can earn more cash back than ever before on the things they buy the most:

• 1% cash back on purchases everywhere, every time
• 2% cash back on groceries
• 3% cash back on gas

Cash rewards are earned automatically—there is no need to register or sign up—and redemption is easy with a choice of direct deposit, statement credit, or check.  If cash back rewards are deposited into a Bank of America^® checking or savings account, members will receive an additional 10% reward bonus!   Best of all, cash rewards do not expire.

Members also can enjoy peace of mind knowing they are protected against fraudulent charges with a $0 Liability Guarantee.

For information about rates, fees, other costs and benefits associated with the new NEA Cash Rewards Card, please call NEA Member Benefits at 1-800-637-4636 or check it out on-line at www.neamb.com.

 

New NEA Cash Rewards Card Q&A

 

 Q.      How has the NEA Cash Rewards Card changed?

A.       The new NEA Cash Rewards Card is better than ever and you can earn more cash back for the things you buy most.  You will still earn 1% on every purchase but now, you can earn a total of 2% on purchases at grocery stores and 3% on gasoline purchases (Quarterly maximum applies to bonus rewards on grocery and gas purchases.)

Q.      Do I have to register to earn cash back?

A.       No, cash back is earned automatically.  There is no need to register; just use your card for all of your purchases and watch the cash back add up.

Q.      How do I redeem my cash back rewards?

A.       Cash back rewards can be deposited into any checking or savings account, credited to your statement, or issued to you in the form of a check.   Cash back rewards must be redeemed in $25 increments.  If you deposit your cash back rewards into a Bank of America^® checking or savings account, you will receive an additional 10% reward bonus.

Q.      Can I redeem my cash back rewards automatically?

A.       Yes, you can set a dollar amount (in $25 increments) and redeem your cash back rewards automatically when the balance reaches that amount.

Q.      Do cash back rewards expire?

A.       No, cash back rewards do not expire.

Q.      I have the NEA WorldPoints^® credit card but I’d like to earn cash back rewards.  Can I transfer my points to this card?

A.       No, but you can redeem your WorldPoints reward points for a cash rebate (25,000 points = $250).  If you would like to open a second account, you are eligible to apply to for the new NEA Cash Rewards Card.

Q.      I was approved for the NEA Cash Rewards Card last year.  Will this change affect my account?

A.       No, your account will not be changing at this time.

Q.      How can I keep track of my cash back rewards balance?

A.       Your monthly credit card statement will show your current cash back rewards balance, the prior month’s balance, and new cash back rewards earned for the       month.

Q.      I have additional questions not addressed here.  Where can I get more information about the new NEA Cash Rewards Card?

                A.       For full program details, please visit: www.bankofamerica.com/neacashrewards