Note: We may earn commissions (at no cost to you) if you buy through links on our site. Learn more.

Bank of America® Unlimited Cash Rewards Credit Card review

Compare Compare  
Advertiser Disclosure

Annual Fee
$0.00
Interest Rate: Purchases
16.99% ‐ 26.99% (Variable) (0% for the first 18 months)
Interest Rate: Purchases
16.99% ‐ 26.99% (Variable) (0% for the first 18 months)
Balance Transfer
16.99% ‐ 26.99% (Variable) (0% for the first 18 months)
Balance Transfer
16.99% ‐ 26.99% (Variable) (0% for the first 18 months)
Rewards
1.5% cashback
Rewards
1.5% cashback
Signup Bonus
$200 after spending $1,000
Signup Bonus
$200 after spending $1,000


8.2/10
Informr score
The Bank of America® Unlimited Cash Rewards Credit Card currently has an Informr score of 8.2 out of 10. This score is based on our evaluation of 10 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Bank of America® Unlimited Cash Rewards Credit Card is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

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...


CreditCards.com
CreditCards.com

The 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-ra...

- Nouri Zarrugh, CreditCards.com
FinanceBuzz
FinanceBuzz

The 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...

- Ben Walker, FinanceBuzz
GOBankingRates
GOBankingRates

The Bank of America Unlimited Cash Rewards credit card may be especially compelling for current Bank of America customers with higher balances, who can earn even more cash back. The Bank of America Unlimited Cash Rewards credit card is a good option for consumers looking to earn unlimited cash back...

- Joshua Rodriguez, GOBankingRates
MoneyUnder30
MoneyUnder30

The Citi Custom Cash℠ Card earns a strong $200 in cash back after you spend $750 on purchases in the first 3 months of account opening.  This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back and this card also includes an excellent 0% intro APR oppor...

- Dana Sitar, MoneyUnder30
NextAdvisor
NextAdvisor

We 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...

- Holly Johnson, NextAdvisor

Details


Interest Rates
Regular APR Interest Rate 16.99% ‐ 26.99% (Variable) (0% for the first 18 months)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 16.99% ‐ 26.99% (Variable) (0% for the first 18 months)
  • This APR will vary with the market based on the Prime Rate.
  • For transactions made within 60 days of opening your account.
Cash Advance Interest Rate 19.99% ‐ 29.99% (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
  • On purchases within the first 3 months
  • You will receive the $200 back in the form of a statement credit
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

Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.

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.

The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.

Use this card?

Help inform others by sharing your experience with Bank of America® Unlimited Cash Rewards Credit Card

Rate It: