Am I eligible?
To get this card, you must also:
Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
What the Critics Are Saying...
- Ben Walker, FinanceBuzzThe Bank of America Unlimited Cash Rewards card can be worthwhile. For a general cashback card, the Bank of America Unlimited Cash Rewards offers a decent 1.5% rate on all purchases. This competes with other popular cashback card options, such as the Capital One Quicksilver Cash Rewards Credit Card...
- Brittney Myers, The AscentLives up to its name with unlimited 1.5% cash back on purchases. Add in an intro-APR offer and no annual fee, and you have a sound pick for your non-category purchases.
- Nouri Zarrugh, Garrett Yarbrough, CreditCards.comThe Unlimited Cash Rewards card costs nothing to keep in your wallet, so there’s little risk in applying. But unless you’re a Bank of America Preferred Rewards member with a large balance across your checking, savings and eligible investment accounts, the card will likely fall short of other flat-r...
- Garrett Yarbrough, Nouri Zarrugh, Grace , BankrateThe Unlimited Cash might be the best unlimited flat-rate cash back card available if you have at least $50,000 sitting in the bank to earn 2.25 percent cash back with Platinum Preferred Rewards status (up to 2.62 percent with $100,000 and Platinum Honors status). However, many cardholders looking fo...
- Holly Johnson, NextAdvisorWe like flat cash back rewards cards for their simplicity, and the Bank of America Unlimited Cash Rewards card is no exception. However, there are other options available that earn higher cash back rates on every purchase, and may even come with added benefits. Still, this card can make a good optio...
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
14.24% ‐ 24.24% (Variable) (0% for the first 15 months) This APR will vary with the market based on the Prime Rate. |
| Balance Transfer Interest Rate |
14.24% ‐ 24.24% (Variable) (0% for the first 15 months)
|
| Cash Advance Interest Rate |
17.24% ‐ 27.24% (Variable) This APR will vary with the market based on the Prime Rate. |
| Rates & Fees | |
| Annual Fee | $0.00 |
| Balance Transfer Fee |
3% Minimum of $10 |
| Cash Advance Fee |
3% Minimum of $10 |
| Foreign Transaction Fee |
3% Of each transaction in U.S. dollars. |
| Over Limit Fee | $0.00 |
| Late Payment Fee |
$40.00 Maximum |
| Promotions | |
| Sign up bonus |
$200 after spending $1,000
|
| Rewards | |
| All Purchases | 1.5% cash back |
| Restaurants | No |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| Additional Details |
Preferred Rewards members earn 25%-75% more cash back on every purchase. |
| Features & Benefits | |
| Additional Card Holders | Yes |
| Travel Accident Insurance | No |
| Car Rental Insurance | No |
| Car Rental Discount | No |
| Extended Warranty | No |
| Purchase Protection | No |
| Zero Liability | Yes |
| No Foreign Transaction Fees | No |
| Emergency Assistance | No |
| Concierge Service | No |
| Price Protection | No |
| Fraud Protection | Yes |
| Free Credit Scores | Yes |
| Wireless Payments | Apple Pay, Samsung Pay, Google Pay |
| Virtual Cards | No |
| Additional Benefits |
Overdraft Protection |
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
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