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...
- Madison Blancaflor, The Points GuyIf you qualify for Preferred Rewards through Bank of America, the Bank of America Customized Cash Rewards card has the potential to offer lucrative rewards for smaller budgets. Frequent travelers and those with larger budgets will probably get more out of one of Bank of America’s more premium cards....
- John S Kiernan, WalletHubThe Bank of America® Customized Cash Rewards credit card is a good everyday rewards card for people with excellent credit scores. For starters, the Bank of America Cash Rewards credit card has a $0 annual fee and offers a $200 initial bonus to new cardholders who spend just $1,000 within 90 days of...
- Brian Martucci, Money CrashersAn above-average no-annual-fee cash-back credit card with an unusually long 0% APR introductory promotion for new cardholders. If you can organize your spending to maximize its 3% and 2% bonus categories each quarter, you’ll find it an excellent addition to your credit card lineup.
- Stephanie Colestock, FinanceBuzzThe Bank of America Cash Rewards Credit Card is a good choice for cardholders who don’t want to worry about the added expense of an annual fee, while still earning competitive rewards on the things they buy. This card is probably best suited for those whose spending may fluctuate throughout the year...
- Emily Sherman, CreditCards.comThe Bank of America Cash Rewards card offers an exceptional rewards rate on a category of the user’s choice, allowing increased flexibility. But a $2,500 spending cap on bonus category rewards limits how much cardholders can earn.
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
13.99% ‐ 23.99% (Variable) (0% for the first 15 months) This APR will vary with the market based on the Prime Rate. |
| Balance Transfer Interest Rate |
13.99% ‐ 23.99% (Variable) (0% for the first 15 months)
|
| Cash Advance Interest Rate |
16.99% ‐ 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% For Direct Deposit and Check Cash Advances or $10 whichever is greater. 5% for ATM, Over-the-Counter, Same-Day Online and Cash Equivalent Cash Advances or $10 whichever is greater. |
| 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. |
| Rewards | |
| All Purchases | 1% cash back |
| Restaurants | No |
| Gas | No |
| Groceries |
2% cash back On up to $2,500 of quarterly spending |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| Additional Details |
|
| 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 |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments |
Other Names (AKA): Bank of America® Cash Rewards Credit Card |
| 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.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
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® Customized Cash Rewards Credit Card
