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

Bank of America® Customized 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 - 2% cashback
Rewards
1 - 2% cashback
Signup Bonus
$200 after spending $1,000
Signup Bonus
$200 after spending $1,000


8.6/10
Informr score
The Bank of America® Customized Cash Rewards Credit Card currently has an Informr score of 8.6 out of 10. This score is based on our evaluation of 40 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Bank of America® Customized 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...


GOBankingRates
GOBankingRates

The Bank of America Customized Cash Rewards card is a perfect option for the frugal shopper who’s interested in earning a reasonable amount of cash back on purchases but doesn’t want to rack up high credit card balances. Its introductory APR period makes it a great option for those looking to transf...

- Joshua Rodriguez, GOBankingRates
FinanceBuzz
FinanceBuzz

The Bank of America Customized 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 their everyday purchases. This card is probably best suited for those whose spending may fluctuate thr...

- Stephanie Colestock, FinanceBuzz
CreditCards.com
CreditCards.com

The Bank of America Customized Cash Rewards card offers an exceptional rewards rate on a category of the user’s choice, allowing increased flexibility. But a $2,500 combined spending cap on bonus category rewards limits how much cardholders can earn.

- Emily Sherman, CreditCards.com
The Ascent
The Ascent

Includes a big bonus in the no-annual fee category and a flexible cash rewards program that enables you to earn premium cash back in a category of your choice. Plus, the long intro APR offer makes this card a standout among its peers.

- Lyle Daly, The Ascent
Bankrate
Bankrate

Choice category cash back cards seem to be picking up steam, and the Bank of America Customized Cash card is one of the most flexible and rewarding, especially for Bank ofAmerica Preferred Rewards members. That said, the shared bonus categories’ quarterly spending limit could be a bit low for many c...

- Garrett Yarbrough, Bankrate

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)
  • Intro rate applies on balances transferred within the first 60 days of account opening. 
  • This APR will vary with the market based on the Prime Rate.
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%

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
  • Choose your 3% category (On up to $2,500 of quarterly spending)
    • Gas
    • Online Shopping
    • Dining
    • Travel
    • Drug stores
    • Home improvement/furnishings
  • Preferred Rewards clients get a 25% - 75% rewards bonus 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
  • Online Shopping Security
  • 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® Customized Cash Rewards Credit Card

Rate It: