Good Students: Make $1000 dollars of Bank of America
I hope this is the right section to post it.

Ok well lets see: I feel this is an easy deal but it does involve quite a bit of effort.

I decided to sum this up FIRST, for those who don't want to read:

What's needed:

A bank of america credit card
The credit protection deluxeplan [20 dollars a month]

30 days after activating the plan, you can get 500 bucks for doing the following:
Being a full time student who got a 3.6 GPA for a term [after activating the plan]
Becoming a full time student at a school
Graduating and receiving a college degree [AA's count, I was told by a rep]

You can only get money from those types of benefits TWICE a year.

So lets do some math:

This year I got $1000. BUT, I payed 20 dollars a month, a total of $240. I will also get a 1098 tax form at the end of the year and have to pay about $200 since I am working.

so 1000-240-200 = 560.

Now if you only activate one benefit it's still worth it because you'll be taxed maybe $100, so then you would make about $160 dollars, which is still better than nothing.

and if you don't work, and dont do taxes because your income is too low, than you don't have to worry about that.

If you think this might work for you read keep reading:




I have a Bank of America credit card. I used to get calls every week about a credit protection plan. As per usual, I would hang up, or use some expletives. Well one rep eventually told me about the Credit Protection DELUXEplan they offer. I don't know much about the plan, but I'll tell you how I, as a good student made a lot of money off of it.



FIRST you'll need a credit card from Bank of America. If you don't have one, I think you can sign up and most likely any will do. check this website out explains the PLUS plan but has a number you can call to ask.

Make sure you can get the Deluxe plan if you sign up for a credit card. Call the number from the link. If you already have one great, call and find out if you can get it.

SECOND, get the credit protection DELUXEplan, it costs 20 bucks a month

THIRD, you have to be a FULL TIME student [12 units or more each term]!!! [Sorry] There are more benefits, but I don't know them. I only used the one that applied to me.

Now when you activate a benefit under the DELUXE plan, you get a $500 credit off your bill. If you don't have anything ot it, like me, then they put it in a reserve account, and you get to charge $500 dollars worth ol stuff to it and not pay.

For students, like me, "life benefits" are the ones that apply:

Academic Excellance - a 3.6 gpa or higher for the term, not cumulative GPA, term GPA.
Graduating - Getting a degree [AA's count, I was told by a rep]
Entering school - Becoming a full time student.

You can only activate a life event benefit 2 times a year.

I've only done academic excellance.
You call the number they give you, they send you an envelope, you send back an official transcript, enrollment verification, and class schedule. 1-2 weeks later you get a letter letting you know you if your benefit was activated or not. If not, they tell you why not. Like one time I forgot to send my schedule.

O, you have to wait like 30 days before activating a benefit.

So obviously this isn't for everyone. I was getting straight A's at a Community College anyway, the semester was going to end in a little over 30 days, when I could start to activate benefits. I also was going to take easy classes the next term, was graduating 6 months later and entering a new school 8 months later.

When I activated my plan, I had 4 chances to activate a benefit for the first year. I was sure of my grades for that semester, and I already had enough credits to graduate, and I was pretty sure I was going to transfer schools, so I knew I could get at least 2 benefits for that year.

If you are in a similar situation, say already getting a 3.6 or higher, or you are going to graduate soon, or you will start school soon, but not have any of these events occur before 30 days, then maybe you should consider this.





Umm, make sure you always check with a rep to make sure your school counts, and that you do qualify.