Bank of America - Rewards Review: Add it Up

Bank of America's new cash back rewards program, Add it Up, gets two thumbs up from Get Penny Wise.  This program mainly focuses on online sites but has also begun to add some in store promotions as well.   For online shopping the cash back percentage can go as high as 20%. For two more typical examples, the Gap was currently offering 8% and Barnes and Noble 5%.  The cash back you accumulate is deposited into your checking account when you use your debit card or applied to your credit card bill if you pay by credit card.  Cash back is awarded monthly but you must reach $5 to receive your cash back.

There are a few in store cash back opportunities but they could prove lucrative.  6% is offered toward your first car repair, up to $2,500.  You must use a participating merchant though - you can search for nearby providers through Bank of America's website.  

To participate you must have Bank of America card, be enrolled in online banking and registered for the Add it Up program, which you can do here.  To be eligible for cash back online you must click through the links on the Add it Up website to receive your cash back.   For in store promotions you must check for participating retailers on the website.   

Has anyone tried Add it Up?  Share your experience in the comments!