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Bank of America® Customized Cash Rewards Credit Card for Students review

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Advertiser Disclosure

Annual Fee
$0.00
Interest Rate: Purchases
16.24% ‐ 26.24% (Variable) (0% for the first 15 months)
Interest Rate: Purchases
16.24% ‐ 26.24% (Variable) (0% for the first 15 months)
Balance Transfer
16.24% ‐ 26.24% (Variable) (0% for the first 15 months)
Balance Transfer
16.24% ‐ 26.24% (Variable) (0% for the first 15 months)
Rewards
1 - 3% cashback
Rewards
1 - 3% cashback
Signup Bonus
$200 after spending $1,000
Signup Bonus
$200 after spending $1,000


8.2/10
Informr score
The Bank of America® Customized Cash Rewards Credit Card for Students currently has an Informr score of 8.2 out of 10. This score is based on our evaluation of 18 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Bank of America® Customized Cash Rewards Credit Card for Students is typically available to those with average 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...


MyBankTracker
MyBankTracker

The BankAmericard Cash Rewards Credit Card for Students is ideal for young adults who want to get cash back while growing their credit score. We wouldn’t recommend this card if you’re looking for travel miles or points instead. On the other hand, if you’re already a Bank of America customer, this ca...

- Rebecca Lake, MyBankTracker
FinanceBuzz
FinanceBuzz

The Bank of America Customized Cash Rewards for Students card is perfect for college attendees who have a limited or no credit history. Through responsible spending and on-time payments, students can use this credit card to build up their credit history, which will benefit them in the future when ap...

- Kevin Payne, FinanceBuzz
Bankrate
Bankrate

The Bank of America Cash Rewards for Students is definitely worth considering if you’re a student who wants to earn rewards while building your credit score. You’ll get the chance to earn a bonus of $200 within the first 90 days of account opening after you spend $1,000, and you’ll earn a minimum of...

- Holly D. Johnson, Bankrate
BestCards
BestCards

Secured credit cards typically offer little more than a platform to demonstrate financial responsibility. With the Bank of America® Customized Cash Rewards Secured Card, holders can earn up to 3% cash back on select purchases. That rewards rate is impressive for an unsecured credit card – so earning...

- BestCards
CreditCards.com
CreditCards.com

If your regular spending aligns with the bonus categories on the Bank of America Customized Cash Rewards Card for Students, it makes sense to sign up for the card. After all, you’ll earn bonus rewards on the first $2,500 in combined spending in the 3% and 2% back categories every quarter (then 1% ba...

- Aja McClanahan, CreditCards.com

Details


Interest Rates
Regular APR Interest Rate 16.24% ‐ 26.24% (Variable) (0% for the first 15 months)

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

Balance Transfer Interest Rate 16.24% ‐ 26.24% (Variable) (0% for the first 15 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 19.24% ‐ 29.24% (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 5%

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.

Rewards
All Purchases 1% cash back
Restaurants No
Gas 3% cash back

On up to $2,500 of quarterly combined spending with groceries.

Groceries 2% cash back

On up to $2,500 of quarterly combined spending with gas and wholesale club.

Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

As a Bank of America customer, you can get a 10% customer bonus every time you redeem your cash back into a Bank of America checking or savings account.

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
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Additional comments -
Terms & Conditions Official Terms & Conditions
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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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