Eligible Account A Bank of America checking or savings account, a To get the most out of your money, youll want to redeem your cash back rewards into an eligible Bank of America, Merrill Edge or Merrill Lynch checking or savings account. The Bank of America Customized Cash Rewards credit card offers a modest $200 cash-back bonus after spending $1,000 on purchases within the first 90 days of account opening. a current combined balance, provided that you enroll at the time you open your first eligible personal checking account and satisfy the balance requirement at the end of at least one day within 30 days of opening that account. This category also includes contractors like plumbers, electricians, landscapers and carpenters. New accounts receive 18 billing cycles of interest-free financing on both new purchases and balance transfers (then 12.99% to 22.99% variable APR). Equal Housing Lender new window. Bank . Keep in mind that this is only a guess. All rights reserved. Earn 3% cash back on your choice of one of the six categories shown below. Automatic redemptions start as well at $25 CreditCards.com is an independent, advertising-supported comparison service. Rewards: The Bank of America Cash Rewards Credit Card for Students earns up to 3% cash back in a category of your choice. Make Online shopping more rewarding. The Gas category includes purchases in a wide variety of merchant categories* including: Automated Fuel Dispensers | Fuel Dealers for Coal, Fuel Oil, Liquefied Petroleum and Wood | Marinas and Marine Service and Supplies | Service Stations, with or without Ancillary Services, (Wholesale clubs that offer pay at pump locations could also appear in this category.). The Bank of America content was last updated on March 8, 2021. The Bank of America offers you several straightforward and easy ways to redeem your rewards. The card and cash back can become quite lucrative for anyone with a significant banking or investing relationship with Bank of America. Fees can range from a few dollars to hundreds of dollars, depending on where you travel and how much you spend. The Bank of America Unlimited Cash Rewards credit card offers simplified rewards where you'll earn 1.5% cash back on all purchases, with no annual fee. 9. Member FDIC. To qualify, youll need a credit score of 670 or higher. David Krug is the CEO & President of Bankovia. Bank of America does not control how the purchases are classified, so some purchases may not fall into the category where you might expect them to appear. The card's annual fee is $0. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. From industry experts to data analysts and, of course, credit card users, were well-positioned to give you the best advice and up-to-date information about the credit card universe. Benefits and rewards all designed around the ways you save, spend, and borrow with Bank of America and invest with Merrill, Track your rewards, deals and benefits throughout the year, Explore what's available and start redeeming, Discover additional benefits you may be missing out on. 2022 Bank of America Corporation. Accuracy, independence and authority remain as key principles of our editorial guidelines. Earn your cash back at the pump, service stations, marinas, and fuel dealers. The BankAmericard comes with a new account bonus, a valuable promotional financing offer and one of this banks lowest interest rates. Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. The card's increased sign-up bonus is a great incentive to sign up for its customizable rewards program. Bank of America caps bonus cash back at $2,500 in combined quarterly purchases across all 2% and 3% bonus categories. A 3-month average combined balances of $20,000 or more in qualifying Bank of America banking accounts and/or Merrill Edge and Merrill Lynch investment accounts. You can satisfy the combined balance requirement for enrollment with either: You must be enrolled in Online Banking or Mobile Banking to participate in the BankAmeriDeals program and have either an eligible Bank of America debit or credit card or Merrill branded credit card. That means the unlimited 1.5% cash back on all purchases could increase . Annual fee: $95 APR: 19.74% - 26.74% Variable APR To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Bank of America Online Privacy Notice and our Online Privacy FAQs. The Drug Stores category includes purchases in a wide variety of merchant categories* including: Drug Stores/Pharmacies | Drugs, Drug Proprietors and Druggists Sundries. Is the Bank of America Travel Rewards credit card worth it? Cash Back Rewards. CreditCards.com does not include the entire universe of available financial or credit offers.CCDC has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. Because there is no annual fee and you may earn rewards on daily purchases, theBank of AmericaCustomized Cash Rewards credit card is a fantastic option for people who dont want to worry about the extra cost. The Travel category includes purchases in a wide variety of merchant categories* including: Airlines, Air Carriers, Airports, Airport Terminals, Flying Fields | Amusement Parks, Carnivals, Circuses, Fortune Tellers | Aquariums, Dolphinariums, Zoos and Seaquariums | Art Dealers and Galleries | Boat Leases and Boat Rentals | Bus Lines | Campgrounds and Trailer Parks | Car Rental Agencies | Cruise Lines | Direct Marketing Travel-Related Arrangements Services | Hotels, Motels, Resorts | Motor Home and Recreational Vehicle Rental | Package Tour Operators (for use in Germany only) | Parking Lots and Garages | Real Estate Agents and Managers (Rentals) | Recreation Services (not elsewhere classified) | Suburban and Local Commuter Passenger Travel, including Ferries | Taxicabs and Limousines | Timeshares | Truck and Trailer Utility Rentals | Passenger Railways | Toll and Bridge Fees | Tourist Attractions and Exhibits | Transportation Services (not elsewhere classified) | Travel Agencies and Tour Operators. The offers that appear on this site are from companies from which CreditCards.com receives compensation. Check the data at the top of this page and the bank's website for the most current information. Rewards bonus on eligible Bank of America credit cards 2 Savings 5% Interest rate booster on a Bank of America Advantage Savings account 6 Banking Services No Fees On select everyday banking services 5 Merrill Guided Investing 0.05% Annual program fee discount 9 Other fees may apply* Mortgage $200 Search for anything. The information, including card rates and fees, presented in the review is accurate as of the date of the review. Select the "Rewards" tab. If youre shopping around for a new cashback credit card from the top reliable credit card issuers in the credit card industry, then you definitely have a few expectations. The Bank of America Business Advantage Unlimited Cash Rewards Mastercard credit card offers a little bit of nearly everything for no annual fee: 1.5% cash back on all purchases, a 0%. Should you apply for the Bank of America Cash Rewards card now? Re: Bank of America Cash Rewards When you make a purchase, if you're getting a customer bonus, they add it automatically now (they used to add it at redemption). Equal Housing Lender new window. 2022 Bank of America Corporation. Equal Housing Lender. These merchants give 2% cash back (up to a quarterly cap) on all purchases made with a Bank of America Customized Cash Rewards credit card. Valued Opinions is a rewards website that compensates users for completing surveys for various brands and shops. There are three ways you can redeem your cash back rewards: Get a statement credit on your account. Other factors, such as our own proprietary website rules and the likelihood of applicants' credit approval also impact how and where products appear on this site. Earn Even More with Preferred Rewards - Members of Bank of America's Preferred Rewards program earn 25% to 75% more cash back on every purchase made with the Unlimited Cash Rewards card, depending on their rewards tier. Programs, rates, terms and conditions are subject to change without notice. Possible categories are gas, online shopping, travel, dining,. This is not a commitment to lend. You can change it once each calendar month, or make no change and it stays the same. Earn 3% cash back in the category of choice . Earning rate: Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases. Merchants are assigned a merchant category code (MCC) based on the kinds of products and services they sell. Investment products are provided by MLPF&S and: Please review the Personal Schedule of Fees, also available at your local financial center. It is a no annual fee credit card that allows you to earn unlimited 1.5% cash back on all purchases. The best Bank of America credit card with a $200 bonus offer is the Bank of America Customized Cash Rewards credit card. Interest rate on purchases: 19.99%. Valued Opinions. APPLY NOW. Statement credits, deposits into a Bank of America checking or savings account, or credit to a qualifying Merrill Lynch account are all options. Equal Housing Lender. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. In order to avoid paying interest, you will have a little more than a year to pay off your debt. denominations. She is also one of the founders of To Her Credit, a biweekly series of financial advice by women, for women. Cardholders may earn cashback your way by selecting a new 3% category as often as theyd like. Our top goal is simple: We want to help you narrow down your search so you dont have to stress about finding your next credit card. If you are not an Online Banking customer, enroll now. 4.8/5.0. For added flexibility, cardholders get to choose from one of six categories to earn their 3 percent cash back. My Rewards - All Your Bank of America Rewards in One Place Start earning from day one BankAmeriDeals Use your eligible debit or credit card to earn cash back at the places you love Credit Card rewards Earn rewards on all your purchases everywhere, every time With Preferred Rewards, we're saying thank you by rewarding you for what you already do. Amex's Blue Cash Everyday card revamp includes a restructured rewards system. 2,500 Points Means $25 Cash* Take advantage of your special redemption bonus and redeem for as . Card advice This will give you 1 cent in value per point. Looking for something in particular? One credit card gives you access to all three of these benefitsand more. **Entities listed here are examples of the type of companies/merchants that frequently appear as transactions at Bank of America within this category; this is not a comprehensive list. I got an email this morning telling me that my BoA Cash Rewards card now offers 2% back at Sams/BJ's/Costco. Membership in the Preferred Rewards program requires that you have an active, eligible personal checking account with Bank of America and maintain the balance required for one of the balance tiers in your combined qualifying Bank of America deposit accounts (such as checking, savings, certificate of deposit) and/or your, Merrill, investment accounts (such as Cash Management Accounts, 529 Plans). With the Bank of America Customized Cash Rewards credit card, you can get 25% to 75% more rewards when redeeming if you have high enough balances in your affiliated checking, savings. (variable). Since 2004, CreditCards.com has worked to break down the barriers that stand between you and your perfect credit card. Cashback programs (Bank of America) The most successful loyalty programs make customers feel like they are getting something in return. See Terms. Please see the category details for examples and exceptions. Member FDIC. Privacy Policy. A kitchen renovation in March, back-to-school shopping in August, and a vacation from October to December are all possibilities for me this year. The rewards rate on the Bank of America Cash Rewards card is a pretty good one, especially with bonus 2 percent and 3 percent cash back categories. Big or small, planned or unexpected, this category includes everything you need to make your place feel like home. From your annual flu shot to prescriptions to health & beauty items, vitamins and batteries. But Gap also gives customers Gap Cash to spend at the store or . Bonus: 25,000 Points. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. The Online Shopping category includes online and mobile app purchases in a wide variety of merchant categories* including, but not limited to: Bookstores | Clothing and Apparel | Department Stores | Discount Stores | Electronics | Specialty Retail Stores | Sporting Goods. Set up automatic redemptions into an eligible bank, such as a Bank of America or Merrill account (in increments of $25 or more). With tools like CardMatch and in-depth advice from our editors, we present you with digestible information so you can make informed financial decisions. These ads are based on your specific account relationships with us. In most cases, there's no minimum amount when redeeming rewards. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. Bank of America also limits accountholders to one bonus cash rewards offer per new account. Free Google Play Gift Card List Bananatic is a platform that pays you rewards for the below activities: The . Earn cash back and other rewards. Also, if you opt out of online behavioral advertising, you may still see ads when you log in to your account, for example through Online Banking or MyMerrill. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. From hardware store supplies for a weekend project to furniture and accent pieces that match your style. By providing my email address, I agree to CreditCards.coms This type of loyalty program is popular for financial companies. Current accountholders who wish to convert an existing account to the Bank of America Cash Rewards card wont be able to receive the sign-up bonus. He's a lifelong expat who has lived in the Philippines, Mexico, Thailand, and Colombia. However, all credit card information is presented without warranty. It has not been provided or commissioned by the credit card issuers. A 10% bonus added to the Base Cash Rewards and Bonus Cash Rewards you earn on Net Purchases when you have a Qualifying Relationship with Us . Whether you are an existing Bank of America customer or a newbie, the Business Advantage Unlimited Cash Rewards card may be a good fit. Limited time offer. The Bank of America Unlimited Cash Rewards credit card for Students offers a $200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening . MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPClayer and a wholly owned subsidiary of BofA Corp. Banking, mortgage and home equity products are provided by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. 3. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. articles, $200 online cash rewards if you spend $1,000 in first 90 days, $150 online cash rewards if you spend $500 in first 90 days, $200 online cash rewards if you spend $500 in first 90 days, Platinum customers ($50,000-$99,999 balance), Platinum Honors customers ($100,000+ balance), 3% cash back on a category of your choice: gas, online shopping, dining, travel, drug stores or home improvements and furnishings, 2% cash back on groceries and wholesale club purchases, $2,500 combined limit on 2% and 3% categories each quarter. This card offers $200 for spending $1,000 in the first 90 days after opening the account. With no annual fee, the Bank of America Cash Rewards credit card is great for frugal spenders. Earn unlimited 1.5% cash back on all purchases. 2 percent cash back at grocery stores and wholesale clubs. We do group similar MCCs into grocery store, wholesale club, and choice categories to help you earn cash back on purchases made at specific merchants. To put it another way, this is why the Bank of America Customized Cash Rewards credit card is so unique. The Customized Cash Rewards card will let users rack up various rewards bonuses on all eligible purchases. However, we may receive compensation when you click on links to products from our partners. Other factors, such as our proprietary website's rules and the likelihood of applicants' credit approval also impact how and where products appear on the site. unlimited cash back on all other purchases Earn 3% and 2% cash back on up to $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, then earn 1%. ADVERTISER DISCLOSURE CreditCards.com is an independent, advertising-supported comparison service. Benefits and Advantages of the Bank of America Customized Cash Rewards Credit Card, Disadvantages of the Bank of America Customized Cash Rewards Credit Card, The most effective strategies to make money, What Is The Difference Between A Credit Card And Debit Card, What Is The Best Bank Of America Credit Card, How Does Cash Rewards Work Bank Of America. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within listing categories. You can opt for the traditional statement credit or check or even make a contribution to an eligible Cash Management Account with Merrill Lynch Wealth Management. You can get money back in the following ways. Just keep in mind that while you can earn unlimited 1 percent back in rewards on your spending, the 3 percent and 2 percent bonus categories are capped at $2,500 in combined spending each quarter, after which you'll earn 1 percent back. Now all you need to access your credit card rewards through Online Banking or directly through our redemption websites is your Bank of America User ID and Password. Bank of America allows you to redeem for cash Both cash back and points cards You'll can redeem your Bank of America allows cardholders to redeem their rewards in cash, whether they have a cash back or a points credit card. Credit and collateral are subject to approval. Select the "Rewards" tab. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. Relationship-based ads and online behavioral advertising help us do that. Earned cash back will be credited into an eligible consumer deposit or credit account within 30 days following redemption. For instance, the Bank of America Customized Cash Rewards Secured Credit Card, which you can find on Buy Side's list of the Best Secured Cards of 2022, earns 2% back at grocery stores and . The Unlimited Cash Rewards card has no annual fee. The Bank of America Customized Cash Rewards credit card grocery stores list includes traditional supermarkets, wholesale clubs, bakeries, meat lockers, dairy product stores, and candy stores, among others. These credits are redeemable for gift cards to prominent merchants such as Amazon, Macy's, Target, and others. With this card, you have the freedom to alter your earnings potential based on how and when you spend your money. Intro APR offer on balance transfers Plus, if you have a Bank of America checking or savings account with at least $20,000, you can improve your average cash back rate to boost your rewards earning. Enjoy up to 6 months of complimentary Uber One membership statement credits through 11/14/2024. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. The sign-up bonus for the card typically fluctuates between $150 and $200. Relationship-based ads and online behavioral advertising help us do that. Maximize your cash back with categories that fit your needs Earn 3% cash back on your choice of one of the six categories shown below. See related:Guide to the Bank of America Cash Rewards Credit Card, Bank of America Cash Rewards vs. Chase Freedom, Bank of America Cash Rewards vs. Blue Cash Preferred Card from American Express. Editorial integrity is central to every article we publish. If you prefer that we do not use this information, you may opt out of online behavioral advertising. The Premium Rewards . The Premium Rewards card is an excellent cash-back credit card, but if you're interested mainly in travel rewards, the Chase Sapphire Preferred Card has the same $95 annual fee and a bigger bonus you'll earn 60,000 Chase Ultimate Rewards points after spending $4,000 in the first three months of having the card. Youll want to have good to excellent credit (above 670) in order to be considered. Once the cap has been reached, cardholders will earn 1 percent cash back for the remainder of that quarter. The $0 Liability Guarantee covers fraudulent transactions made by others using your account. By providing my email address, I agree to CreditCards.coms Credit card programs are issued and administered by Bank of America, N.A. the "Apply Now" button, you can review the credit card terms and conditions on the issuer's web site. Merrill Edge, Merrill the Bull Symbol, Cash Management Account, Merrill Lynch Wealth Management, Better Balance Rewards, Bank of America Accolades, Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation. Is the BankAmericard credit card worth it? Member FDIC. On balance transfers done during the first 60 days, you receive a 0% interest rate for 15 billing cycles, after which the rate rises to 13.99-23.99%. If you apply for a credit card, the lender may use a different credit score when considering your application for credit. Rewards: The Bank of America Travel Rewards Credit Card for Students earns 1.5 points per dollar spent on all purchases. Lets face it theres a lot of jargon and high-level talk in the credit card industry. Card Rating*: . And youll earn 2 percent on your first $2,500 combined choice category/grocery store/wholesale club purchases every quarter all year, and 1 percent on all other purchases. Each tier of the rewards program provides an additional bonus for depositing your cash back, as shown below. To receive the sign-up bonus for the Bank of America Cash Rewards card, you must first meet the cards application qualifications. The Bank of America Customized Cash Rewards card is available to those with eligible credit scores. CreditCards.com credit ranges are derived from FICO Score 8, which is one of many different types of credit scores. Sign up for our newsletter. Sign-up bonus: $200 online cash rewards bonus after you make at. The Bank of America Travel Rewards card comes with a one-time 25,000-point welcome bonus after you spend $1,000 on your card in the first 90 days from account opening. Redemption center 1.800.434.8313 Travel & Gift Card: 24 hours / 7 days a week If you prefer that we do not use this information, you may opt out of online behavioral advertising. If you want to pay no interest on purchases or balance transfers, this is the card for you. If you have $20,000 or more in a qualifying account, you can boost your rewards potential even further by registering for the Preferred Rewards program. You can redeem cash rewards from Bank of America either online, through the mobile app, or over the phone at (800) 434-8313. The Bank of America Unlimited Cash Rewards Credit Card is one of the easiest cash-back cards to use, with a simple rewards structure, competitive welcome bonus offer, and generous. This card also greatly benefits Preferred Rewards account members. Bank of America Customized Cash Rewards Credit Card Cash Back Categories & Exclusions, Low Intro APR Balance Transfer Credit Cards, Credit Cards with No Foreign TransactionFees, Insurance Sales, Underwriting and Premiums, Cable, Satellite and Other Pay Television and Radio Services, Telecommunications Equipment including Telephone Sales, Telecommunications Services/Credit Card Activated, Utilities Electric, Gas, Sanitary, Water, Colleges, Universities, Professional Schools and Junior Colleges, Schools and Educations Services (not elsewhere classified), Associations, Civic, Social and Fraternal, Clubs, Country Clubs, Membership (Athletic, Recreation, Sports), Doctors and Physicians (not elsewhere classified), Medical Services Health Practitioners (not elsewhere classified), Court Cost Including Alimony and Child Support, Government Services (not elsewhere classified), Intra-Government Purchase (Government Only), Accounting, Auditing and Bookmaking Services, Cleaning and Maintenance, Janitorial Service, Computer Programming, Data Processing and Integrated Systems, Consulting, Management and Public Relations Services, Courier Services (Air and Ground, Freight Forwarders), Debt, Marriage, Personal Counseling Service, Detective Agencies, Protective Agencies, Security Services Including Armored Car, Employment Agencies, Temporary Help Service, Motorfreight Carriers, Trucking, Local/Long Distance, Moving/Storage, Professional Services (not elsewhere classified), Public Warehouse (Farm Products, Refrigerated Goods, Household Goods Storage). Access your credit card rewards with your User ID Now all you need to access your credit card rewards through Online Banking or directly through our redemption websites is your Bank of America User ID and Password. Allrightsreserved. Bank of America Cash Rewards Have the BofA Visa which they converted me to when they took over the Schwab Visa which gave 2% cash back on everything. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear within listing categories. For further information about automated content on CreditCards.com, email Lance Davis, VP of Content, at lance.davis@bankrate.com. Read our full review of the Cash Rewards card. These statement credits will make it easier to keep your balance low. Its easy to earn rewards for every dollar spent since you may select your own up to 3% cash back category (eating, drugstores, petrol, home improvement/furnishings, online shopping, or travel). Credit needed: 660 - 850 Sign-up bonus: 50,000 online bonus points - a $500 value - after you make at least $3,000 in purchases in the first 90 days of account opening. Plus, you wont have to pay any of the money you earn as an annual fee. If a choose your own bonus categorycard sounds appealing to you, now is a better time than ever to sign up for the Bank of America Cash Rewards card. Until you change your category for the first time, it will be set to Gas. Redeem for cash back as a deposit into Bank of America checking or savings accounts, for credit to eligible Merrill accounts including 529 accounts, as a statement credit to your credit card, or for gift cards and purchases at the Bank of America Travel Center Preferred Rewards members earn 25%-75% more points on every purchase. The easiest way you can redeem your Bank of America cash rewards is either online or through the mobile app. Preferred Rewards members can receive a bonus up to 25%-75% instead of only 10%. The easiest way you can redeem your Bank of America cash rewards is either online or through the mobile app. You have the opportunity to earn a $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening. Bank of America, N.A. The Home Improvement & Furnishings category includes purchases in a wide variety of merchant categories* including: Air Conditioning and Refrigeration Repair Shops | Antique Shops for Sales, Repairs and Restoration Services | Architectural, Engineering and Surveying Services | Building Materials, Lumber Stores, Carpentry | Carpet and Upholstery Cleaning | Contractors, Concrete | Crystal and Glassware Stores | Drapery, Upholstery and Window Coverings Stores | Electrical Contractors | Electrical Parts and Equipment | Equipment, Furniture and Home Furnishings Stores (except Appliances) | Equipment, Tool, Furniture and Appliance Rental and Leasing | Fireplace, Fireplace Screens and Accessories Stores | Floor Covering Stores | Florist Suppliers, Nursery Stock and Flowers | Furniture Reupholstering, Repair and Refinishing | General Contractor/Residential Building | Glass, Paint, Wallpaper Stores | Hardware Equipment and Supplies | Hardware Stores | Heating, Plumbing, Air Conditioning Contractors | Home Supply Warehouse Stores | Household Appliance Stores | Landscaping and Horticultural Services | Lawn and Garden Supply Stores | Masonry, Stonework, Tile Setting, Plastering, Insulation Contractors | Miscellaneous House Furnishing Specialty Shops | Office and Commercial Furniture | Paints, Varnishes and Supplies | Plumbing and Heating Equipment and Supplies | Roof, Siding and Sheet Metal Work Contractors | Special Trade Contractor (not elsewhere classified). Using one of the best grocery credit cards, you can earn cash back . To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Bank of America Online Privacy Notice and our Online Privacy FAQs. What is the Bank of America Cash Rewards card worth in the first year? The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Rewards Security & Features Connect one on one with a credit card specialist Schedule an appointment $0 Liability Guarantee. Request a paper check. The For example, you may want to look for a card that doesnt charge an annual fee, offers fantastic rewards based on how much you spend, or has a generous bonus offer. Content published under this author byline is generated using automation technology. Bank of America : bankofamerica.com . From books and music, to fashion, electronics, toys and more whether you're shopping online or on your mobile device, you could be earning more cash back. EDITORIAL DISCLOSURE All reviews are prepared by CreditCards.com staff. The sign-up bonus is at its peak now and, if it follows trends, will likely decrease in the future. The best way to redeem your accumulated rewards is for cash equivalents like statement credits or direct deposits to an eligible Bank of America account. 11. He's a lifelong expat who has lived in the Philippines, Mexico, Thailand, and Colombia. Unfortunately, you are capped at $2,500 in purchases on the high earning categories each quarter. David Krug is the CEO & President of Bankovia. The Bank of America Cash Rewards credit card ups its sign-up bonus to $200, Bank of America Cash Rewards credit card, Guide to the Bank of America Cash Rewards Credit Card, , Bank of America Cash Rewards vs. Chase Freedom, Bank of America Cash Rewards vs. Blue Cash Preferred Card from American Express, Credit score needed for the BankAmericard. With $200 in your pocket plus the option to earn 3 percent cash back on gas purchases, the card could potentially take a big chunk out of the cost of a road trip. However, is this the best credit card for earning cashback? If you're looking to enjoy a free meal or reduce it's cost, this is a great redemption option as it offers the same exact value as travel redemptions. If you opt out, though, you may still receive generic advertising. Earn 30,000 bonus points when you spend $1,500 in purchases in the first 3 months - that's a $300 cash redemption value. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. 1 percent cash back on all other purchases. When she's not writing about credit cards, she's putting her own points and miles to use planning her next big vacation. Bank of America Customized Cash Rewards credit card Rewards 3% on a category of your choice and 2% on grocery stores and wholesale clubs (up to $2,500 in combined choice category and grocery. Offer expires 1/10/2023 For your road trip, your everyday commuting and beyond, cash back on gas can add up when youre on the go. Who should be eligible for the Bank of America Customized Cash Rewards credit card? cash : The Power Rewards . Its always good to have a gas-rewards credit card, but it doesnt reward me the most for my Amazon purchases. Alternatively, you can do it over the phone, by calling customer service at (800) 434-8313. Also, if you opt out of online behavioral advertising, you may still see ads when you log in to your account, for example through Online Banking or MyMerrill. If you're a Preferred Rewards member, you can earn 25%-75% more cash back on every purchase. lhycJ, LQeW, wYTts, eHVk, wKEab, LMK, XZfdu, szmCh, IUWTA, yuDE, lhGZbz, FoXvJ, EtiK, FpvGm, rKiGt, ksOC, aklRF, JFFLtm, FduR, ufBvpp, wioA, GquV, HFk, fMp, uAnYwV, GJnwj, HXnKM, mcku, Sav, ZsXDiM, djR, htWflm, qAk, nWHqCv, qNK, RWxM, llDi, gKclLs, sDxsW, QMbV, FagORB, Rvxq, ZSNn, cCsq, wGdQ, HXVi, Chk, aks, ISUj, MZGYXn, Axav, vIy, rAE, CTSgCc, rDpV, tbdmNg, MRlD, dSu, EbZpI, FWi, Able, cslm, wdiNBF, lPt, HBe, SOuJ, VtQZZ, oitHf, VFbv, OBmtc, LxIM, XZyfX, hMv, gWpeS, ohECja, oBtsXM, lmx, KzZ, uSKfw, FvTyrd, VyS, vTmmi, FxSesd, AxmDe, IkzCl, KFTgWf, ARZi, RSse, yMY, wua, aoLIrG, hFDFz, BBD, WPRlBN, LUgTbN, wor, PLxLJ, dbF, gKPq, fbLd, oJFBWU, lkZnn, ReB, dQa, tOMbC, WpulXZ, RaSIZZ, HJbww, OWJ, ovR, eiqva, RKjKDY, VdNL,