Bank of America Cash Rewards credit card Review: More Details. There are also many risks when it comes to any credit card, and that type of service will cost you money. Summary. at Bank Of America'ssecure website. 1% - 3% Cash back. 1 Star 2 Star 3 Star 4 Star 5 Star . Consumer Rating: Lowest: 684 . 0%. Rewards rate. While it can be a good option for moderate spenders looking to earn rewards on everyday purchases, it is not the best option for big … See card detail. 5 Star . You can use one card to earn cash back on gas and grocery spending and the other to rack up rewards on other purchases you make. Yes, and we look forward to helping you. These ratings and reviews are provided by our users. 40%. The Bank of America® Premium Rewards® credit card lets you live life your way with rich earn rates…and the freedom to choose the rewards that matter most to you. The Bank of America Cash Rewards card’s unique rewards earning scheme is appealing for cardholders seeking flexibility, but the purchase cap on bonus categories limits its potential value. Starting Jan. 14, 2019, cardholders can choose which category they wish to earn a 3-percent bonus. Other secured cards could also help you build credit with a lower secured deposit of $200. The Bank of America Cash Rewards credit card for students is a solid choice for a cash back rewards card with no annual fee. My first credit card was the Bank of America Travel Rewards card. - Toby Sembower, 10/8/2020. OVERALL RATING. Bank of America has changed the way Bank of America® Cash Rewards cardholders earn their cash back. 1 Star . Bank of America® Cash Rewards credit card. If you sign up for this card, you get to pick one spending category that will earn you 3% cash back for the next month. If my application is approved, when can I start using my new card? With the Bank of America Cash Rewards card, you’ll earn a $200 cash bonus after you spend $1,000 in purchases in the first 90 days of account opening. My offer is for $200 bonus with 1k spend in 3 months. Get 75% more cash back on every purchase when you’re a Preferred Rewards for Business Platinum Honors tier member. Earn unlimited 2 points for every $1 spent on travel and dining purchases…and unlimited 1.5 points for every $1 spent on all other purchases. 3 Star . BEST OVERALL RATING ★★★★★ 4.7. Getting approved for a credit card requires a little planning. With the 25 percent bonus that you get as a Gold customer, you can easily push your … BofA has published a pre-release article about the program for customers. You'll receive your new credit card in 7-10 business days once your credit card application is approved. The Bank of America® Premium Rewards® credit card * is a top rated cash back credit card, particularly for those who are BofA account holders. Can I apply over the phone? Annual fee. The Bank of America Cash Rewards for Students offers the same features as its non-student counterpart, but you don’t have to be a college graduate with a great credit history to get it. BankAmericard Cash Rewards Credit Card Consumer Reviews, Credit Score and Income Needed, Credit Limits 5 Reviews. Getting an ATM cash withdrawal with your Bank of America credit card is easy. Choose one 3% cash back category from a list with the Bank of America Cash Rewards credit card. 2% … 4 Star . Bank of America® Cash Rewards Credit Card 2020 Review, Application & Rates " With a solid cash-back program, this card appeals to those who intend to use it often for everyday purchases. Highest: 794. Redeem your cash rewards as a statement credit, check, or have cash deposited into a Bank of America® checking or savings account. So if you spend more than … Plus, earn a $200 cash-back bonus with no annual fee. $0. A: The Bank of America Cash Rewards credit card earns 3% in a cash back category of your choice, 2% cash back at grocery stores and wholesale clubs on up to $2,500 in combined purchases each quarter, and 1% cash back on all other purchases. The minimum recommended credit score for this credit card is 750. It’s certainly not the most competitive bonus out there, but it’s easy to earn and on par with other no-annual-fee credit card bonuses. They’re also an easy way to establish a credit history! The Bank of America® Cash Rewards credit card offers bonus rewards on a quarterly maximum of $2,500 in combined purchases across two different spending categories: 3% cash back on purchases you make in a category you choose from a short list and 2% cash back at grocery stores and wholesale clubs (then 1% after exceeding the $2,500 quarterly cap). 60%. Credit cards are important for things like making hotel reservations, car rentals, or online purchases. As you can see, there are several great benefits linked to the Bank of America’s cash rewards credit card. All you have to do is: Call the number on the back of your card, or use your Bank of America mobile app. It does not appear any aspect of the rewards program will be getting worse (only new positive options). The Bank of America® Cash Rewards Secured is one of the best secured cards for building credit because you get most of the benefits and rewards of the Bank of America® Cash Rewards Credit Card without the need for a good credit score. Earn 3% cash back in the category of your choice, 2% on dining and unlimited 1% on all other purchases with the Business Advantage Cash Rewards Mastercard® from Bank of America. The Bank of America® Cash Rewards credit card is a popular option in the category due to its generous sign-up bonus and the ability to earn cash back in the categories where you spend the most money. Write A Review All. Having both cards could even help you … We’re taking a deeper look at this rewards card to help you decide if it’s right for your wallet. Bank of America/Customer service telephone number: 001 315-724-4022. The Bank of America® Cash Rewards credit card can earn outstanding rewards rates — but only if you have a lot of money in Bank of America®-affiliated accounts. The Bank of America® Cash Rewards credit card * is ideal for existing or new BofA customers. You'll earn a $200 cash bonus if you spend $1,000 within the first 90 days of opening an account. The feature that really sets the Bank America Cash Rewards card apart from other cash back cards is an added bonus for Bank of America customers. Find the right card for your needs. I've only used it once in the last 2 years because I've gained more credit cards and the Travel Rewards card wasn't as useful anymore. The Bank of America® Cash Rewards credit card even supplements its base 1% cash-back earning rate with 2% back on groceries and wholesale clubs and 3% back on a category of your choosing. The Bank of America Cash Rewards Credit Card lets you choose your own path for earning cash back rewards. Those bonus earning rates apply to only the first $2,500 in combined grocery, wholesale clubs and combined choice category purchases each quarter. Average Score: 744. Go to a participating ATM and use your card. If you have just the Bank of America Cash Rewards card and spend $1,000 in three months on gas (if gas is your chosen 3% category), you’ll earn $30 back. Are you thinking about applying for the Bank of America Cash Rewards Card? Apply now. The card charges no annual fee. The Bank of America Cash Rewards card benefits are lucrative for a card with no annual fee. 2 Star . The Bank of America® Cash Rewards credit card is no slacker in credit card bonuses, featuring high cash back rates in several spending categories and a great sign-up bonus. To apply for a Bank of America credit card, you'll need your personal information, including Social Security number and total annual income. Coupled with 3% cash back in your choice category, 2% cash back at grocery stores and wholesale clubs, and 1% cash back everywhere else, this card offers a great option to put cash back in your pocket with no annual fee. The Bank of America® Premium Rewards® credit card and the Bank of America® Cash Rewards credit card make the perfect pair because they offer complementary bonus categories within the same rewards program. Sort By Credit Score: 684 Credit Limit: 3000 Age: 25-34. Although the Bank of America Cash Rewards credit card is about $19.49 per year cheaper than the average credit card, by virtue of it not charging an annual fee, that’s neither uncommon for a cash back credit card, nor the only fee you’ll need to watch out for. The Bank of America® Cash Rewards credit card offers $200 in cash rewards after spending $1,000 on purchases in the first 90 days after opening a new account. Signed up for the card because they kept sending me offers in the mail and I wanted a new 0% apr for 15 billing cycles on purchases. $200. The best cash back credit cards dish out lucrative rewards, including up to 6% cash back, market-leading bonuses, and long 0% intro APR offers. 0%. But there’s a catch. You’ll get just 1% cash back on all … BofA has published a comprehensive document indicating the MCC for each bonus category. Welcome bonus. If you have $20,000 or more in a qualifying Bank of America, Merrill account, you can register for the Preferred Rewards program and boost your rewards rate. The Bank of America 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. Enter the amount you want to withdraw. If you’re looking for a solid cash-back credit card you can hold onto even after you graduate, this one is worth your consideration. That is supplemented by some 2% cash back categories that Bank of America chooses for you, and the rest of your purchases earn 1% cash back. They’re convenient and secure, and help give you the freedom to manage your finances, cover unexpected emergencies and also take advantage of rewards and special insurances. Created with Sketch. 0%. The Bank of America Cash Rewards Credit Card for Students is a cash back credit card for college students. Got approved for the Bank of America Cash Rewards credit card with an $8,000.00 limit. However, the card's ongoing APR is higher than we'd expect for a prime credit card. " How to get a Bank of America cash advance from an ATM. It allows you to choose a purchase category to earn 3% cash back (with a … Because my recent transaction history is completely empty, I haven't gotten a single Bank of America offer in over a year. The card’s 50,000 bonus offer, up to 2 … BofA has officially refreshed the Bank of America Cash Rewards card. (Photo by New Africa/Shutterstock) Bank of America Cash Rewards card benefits and perks. How to Increase Your Chances of Getting Approved for a Bank of America Cash Rewards Card. See card detail. See details, rates, & fees. Posted 07/29 2015 . Travel Rewards card these ratings and reviews are provided by our users re a Preferred Rewards for Platinum! This Rewards card to help you … my first credit card is.... 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