You'll earn a $200 cash bonus if you spend $1,000 within the first 90 days of opening an account. We’re taking a deeper look at this rewards card to help you decide if it’s right for your wallet. 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. You’ll get just 1% cash back on all … Plus, earn a $200 cash-back bonus with no annual fee. 1 Star 2 Star 3 Star 4 Star 5 Star . 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. Highest: 794. 1 Star . My first credit card was the Bank of America Travel Rewards card. 5 Star . Getting approved for a credit card requires a little planning. 4 Star . 3 Star . So if you spend more than … 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. They’re also an easy way to establish a credit history! Welcome bonus. 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. - Toby Sembower, 10/8/2020. The card’s 50,000 bonus offer, up to 2 … BankAmericard Cash Rewards Credit Card Consumer Reviews, Credit Score and Income Needed, Credit Limits 5 Reviews. 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 … $0. All you have to do is: Call the number on the back of your card, or use your Bank of America mobile app. The card charges no annual fee. 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. BEST OVERALL RATING ★★★★★ 4.7. Yes, and we look forward to helping you. With the 25 percent bonus that you get as a Gold customer, you can easily push your … 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. Annual fee. It does not appear any aspect of the rewards program will be getting worse (only new positive options). 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. Rewards rate. Sort By Credit Score: 684 Credit Limit: 3000 Age: 25-34. 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. See card detail. 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. Get 75% more cash back on every purchase when you’re a Preferred Rewards for Business Platinum Honors tier member. 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. Redeem your cash rewards as a statement credit, check, or have cash deposited into a Bank of America® checking or savings account. Can I apply over the phone? 40%. 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. The Bank of America Cash Rewards credit card for students is a solid choice for a cash back rewards card with no annual fee. OVERALL RATING. 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. 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. 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. Apply now. Go to a participating ATM and use your card. 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. Credit cards are important for things like making hotel reservations, car rentals, or online purchases. Choose one 3% cash back category from a list with the Bank of America Cash Rewards credit card. Average Score: 744. How to get a Bank of America cash advance from an ATM. 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. Bank of America Cash Rewards credit card Review: More Details. The Bank of America® Premium Rewards® credit card * is a top rated cash back credit card, particularly for those who are BofA account holders. (Photo by New Africa/Shutterstock) Bank of America Cash Rewards card benefits and perks. Consumer Rating: Lowest: 684 . Summary. See card detail. As you can see, there are several great benefits linked to the Bank of America’s cash rewards credit card. BofA has published a pre-release article about the program for customers. BofA has officially refreshed the Bank of America Cash Rewards card. 0%. You'll receive your new credit card in 7-10 business days once your credit card application is approved. 0%. 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. $200. 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. Those bonus earning rates apply to only the first $2,500 in combined grocery, wholesale clubs and combined choice category purchases each quarter. Because my recent transaction history is completely empty, I haven't gotten a single Bank of America offer in over a year. Write A Review All. 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 card benefits are lucrative for a card with no annual fee. Created with Sketch. It allows you to choose a purchase category to earn 3% cash back (with a … Are you thinking about applying for the Bank of America Cash Rewards Card? However, the card's ongoing APR is higher than we'd expect for a prime credit card. " Bank of America/Customer service telephone number: 001 315-724-4022. Other secured cards could also help you build credit with a lower secured deposit of $200. Bank of America® Cash Rewards credit card. 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). 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. 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. There are also many risks when it comes to any credit card, and that type of service will cost you money. 60%. 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. 0%. But there’s a catch. See details, rates, & fees. BofA has published a comprehensive document indicating the MCC for each bonus category. Getting an ATM cash withdrawal with your Bank of America credit card is easy. Got approved for the Bank of America Cash Rewards credit card with an $8,000.00 limit. Bank of America has changed the way Bank of America® Cash Rewards cardholders earn their cash back. The Bank of America Cash Rewards Credit Card for Students is a cash back credit card for college students. Posted 07/29 2015 . How to Increase Your Chances of Getting Approved for a Bank of America Cash Rewards Card. 2% … 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. Find the right card for your needs. 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. Enter the amount you want to withdraw. The minimum recommended credit score for this credit card is 750. These ratings and reviews are provided by our users. Having both cards could even help you … 1% - 3% Cash back. 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® 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 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. The Bank of America® Cash Rewards credit card * is ideal for existing or new BofA customers. 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. My offer is for $200 bonus with 1k spend in 3 months. at Bank Of America'ssecure website. 2 Star . 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