The Susan G. Komen® Customized Cash Rewards credit card offers a unique opportunity for cardholders to earn cash rewards while contributing to the fight against breast cancer. With a $200 online cash rewards bonus offer and flexible cash back options, including 3% cash back in a chosen category, 2% cash back at grocery stores and wholesale clubs, and 1% cash back on all other purchases, this card provides value and versatility. Additionally, there's no annual fee, and cardholders can benefit from a low introductory APR offer. Through Bank of America's partnership with Susan G. Komen®, a portion of every transaction made with the card goes towards supporting breast cancer research and awareness.
Key Features
- $200 Online Cash Rewards Bonus Offer. New cardholders can earn a $200 online cash rewards bonus after making at least $1,000 in purchases within the first 90 days of opening the account, providing an immediate incentive to start earning rewards.
- Flexible Cash Back Categories. Cardholders can earn 3% cash back in a category of their choice, ranging from gas and EV charging stations to dining and home improvement, allowing them to maximize rewards based on their spending habits and preferences.
- Contribution to Breast Cancer Research. Through Bank of America's partnership with Susan G. Komen®, a portion of every transaction made with the card supports breast cancer research and awareness, allowing cardholders to contribute to a meaningful cause with their everyday spending.
Pros and Cons
Pros
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Unlimited 1% Cash Back on All Other Purchases. For purchases outside of the chosen category and grocery stores/wholesale clubs, cardholders still earn 1% cash back, ensuring rewards on all spending.
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No Annual Fee. There's no annual fee for the card, making it a cost-effective option for those looking to earn cash-back rewards without additional expenses.
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Low Introductory APR Offer. Cardholders can take advantage of a 0% introductory APR for the first 15 billing cycles for purchases and balance transfers made within the first 60 days, providing temporary relief from interest charges.
Cons
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Variable APR. After the introductory APR period ends, the variable APR can range from 19.24% to 29.24%, depending on creditworthiness, which may result in higher interest charges for cardholders who carry a balance from month to month.
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Balance Transfer Fees. While the card offers an introductory balance transfer fee of 3% for the first 60 days, future balance transfers incur a higher fee of 4%, which could deter cardholders from utilizing this feature for debt consolidation.
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Penalty APR. Missing a payment can result in a penalty APR of up to 29.99%, which can significantly increase the cost of carrying a balance and negatively impact cardholders' credit scores.
How to Apply for a Susan G. Komen® Customized Cash Rewards® Credit Card
Online
Go to website
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Explore Credit Card Options. Browse through the available credit card options to find the Susan G. Komen® Customized Cash Rewards Credit Card. Click on the card to access more details.
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Review Card Details. Take your time to review the features, benefits, and terms of the Susan G. Komen® Customized Cash Rewards Credit Card to ensure it meets your needs.
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Initiate Application. Look for the "Apply Now" button to start the application process. Click on it to proceed.
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Fill Out Application Form. Complete the online application form with accurate personal, financial, and contact information as required. Ensure all fields are filled correctly.
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Submit Application. After filling out the form, review the information provided to avoid any errors. Once satisfied, submit your application.
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Wait for Approval. After submission, the bank will review your application. You may receive an instant decision or have to wait a few days for a response.
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Receive Card. If approved, your Susan G. Komen® Customized Cash Rewards Credit Card will be mailed to the address provided during the application process.
Mobile App
Go to AppStore
Go to Google Play
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Log In or Register. Open the Bank of America mobile app and log in to your existing online banking account. If you're a new user, you may need to register for mobile banking by providing your account details and creating login credentials.
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Navigate to Credit Cards. Once logged in, navigate to the section of the app dedicated to credit cards or banking products. This may be accessible from the main menu or homepage.
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Find Susan G. Komen® Customized Cash Rewards Card. Look for the Susan G. Komen® Customized Cash Rewards Credit Card among the available options. Tap on the card to view more details.
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Start Application. Locate the option to apply for the Susan G. Komen® Customized Cash Rewards Credit Card within the app. It may be labeled as "Apply Now" or something similar. Tap on it to initiate the application process.
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Complete Application Form. Fill out the application form provided in the app with accurate information, including personal, financial, and contact details. Double-check for accuracy before proceeding.
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Submit Application. After completing the form, review the information provided to ensure accuracy. Once verified, submit your application through the mobile app.
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Wait for Response. The bank will review your application. Depending on their process, you may receive an instant decision or have to wait for a few days to receive a response.
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Receive Confirmation. If approved, you'll receive confirmation within the app or via email. Your Susan G. Komen® Customized Cash Rewards Credit Card will be mailed to the address provided during the application process.
Branch Application
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Research and Preparation. Begin by researching the various credit cards offered by Bank of America to determine which best suits your needs and preferences. Consider factors such as rewards, interest rates, annual fees, and benefits.
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Gather Necessary Documents. Collect all required documents, such as a valid photo ID (e.g., driver's license or passport), Social Security number, proof of income (e.g., pay stubs or tax returns), and any other relevant financial information.
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Visit a Bank of America Branch. Locate the nearest Bank of America branch by using the Bank of America website or mobile app. Plan your visit during the branch’s operating hours.
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Meet with a Bank of America Representative. Once at the branch, request to speak with a representative about applying for a credit card. The representative will guide you through the process, answer any questions, and provide you with the necessary forms.
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Complete the Application Form. Fill out the application form provided by the representative. Ensure all information is accurate, including personal details, employment information, and financial data.
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Submit Your Application. After completing the form, submit it to the representative along with your supporting documents. The representative will review your application for completeness and accuracy.
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Wait for Approval. The representative will submit your application for processing. Approval times can vary; in some cases, you may receive an instant decision, while others may require further review. You will be notified of the decision by mail or email.
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Receive Your Card. If approved, your new Bank of America credit card will be mailed to you. Upon receiving your card, follow the instructions to activate it and begin using it to earn rewards and manage your finances effectively.
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Eligibility Requirements
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Age Requirement. Applicants must be at least 18 years old, or at least 21 years old if they are permanent residents of Puerto Rico, to be eligible for the Susan G. Komen® Customized Cash Rewards credit card.
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Residential Address. To qualify for the card, applicants must have a residential address in one of the following locations. any of the 50 United States, Washington D.C., APO/FPO/DPO, Guam, Puerto Rico, Northern Mariana Islands, American Samoa, or U.S. Virgin Islands.
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Bonus Cash Rewards Offer Requirements. To qualify for the $200 bonus cash rewards offer, new cardholders must use their new credit card account to make any combination of purchase transactions totaling at least $1,000 within 90 days of the account opening date. Returns, credits, and adjustments to the card will be deducted from purchases for the purposes of this offer.
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One-Time Promotion Limit. The $200 bonus cash rewards offer is limited to one per new account and is applicable only to customers opening a new account in response to the offer. Existing account conversions do not qualify for this promotion.
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Active Charging Privileges. Cardholders must maintain an open account with active charging privileges to receive the bonus cash rewards offer.
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Tax Implications. Cardholders may be issued an IRS Form 1099 for the value of the cash rewards received as part of the bonus offer, and they are advised to consult with a tax advisor regarding any tax implications.
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Redemption Period. If the cardholder voluntarily closes the card account or Bank of America closes the account due to inactivity, any unredeemed cash rewards must be redeemed within 90 days after the account closure to avoid forfeiture.
Reasons You May Be Denied a Credit Card
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Insufficient Credit History. If you have a limited credit history or no credit history at all, the issuer may be unable to assess your creditworthiness, which could result in a denial of your credit card application.
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Low Credit Score. A low credit score, often indicative of past financial difficulties or missed payments, may lead to a denial of your credit card application. Credit scores below a certain threshold may be considered risky by the issuer.
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High Debt-to-Income Ratio. If you have a high debt-to-income ratio, meaning you have significant outstanding debt relative to your income, the issuer may view you as a higher credit risk and deny your application.
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Recent Bankruptcy. If you have filed for bankruptcy recently, you may be denied a credit card as it indicates financial instability and an increased risk for the issuer.
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Delinquent Accounts. If you have a history of late payments, defaults, or delinquent accounts on your credit report, it may signal to the issuer that you are not financially responsible and may lead to a denial of your application.
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Multiple Recent Credit Applications. Applying for multiple credit cards or loans within a short period, especially if accompanied by rejections, may raise concerns for the issuer about your financial stability and lead to a denial.
How to Pay Off Credit Card Debt
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Access Your Account. Sign in to your Bank of America online banking account or mobile app to access your credit card information.
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Review Your Balance. Take a moment to examine your outstanding balance, including any accumulated interest or fees.
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Choose a Payment Method. Determine how you wish to proceed with your payment. Bank of America provides several convenient options, such as online banking, mobile banking, in-person at a financial center or ATM, by phone, or through the mail.
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Online Payment. If you opt for online payment, log in to your account, proceed to the bill pay section, and follow the prompts to initiate a payment. You can select to pay the minimum amount due, the full balance, or a customized amount.
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Mobile Payment. Alternatively, you can utilize the Bank of America mobile banking app to complete a payment. Choose your Susan G. Komen® Customized Cash Rewards credit card account and follow the prompts to finalize the payment process.
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In-Person Payment. For those preferring in-person transactions, visit a Bank of America financial center or ATM. You can make a payment using cash, a check, or your debit card at the ATM, or seek assistance from a representative at the financial center.
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Phone Payment. To make a payment over the phone, dial the Bank of America customer service number and follow the automated instructions to navigate to the payment section. From there, you can complete the payment using your checking account or debit card.
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Mail Payment. Lastly, if mailing your payment suits your preference, utilize the payment address provided on your billing statement. Ensure to include your Susan G. Komen® Customized Cash Rewards credit card account number on the check or money order and allow adequate time for delivery.
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Confirm Payment. Following your payment submission, verify that it has been successfully processed. You can check your account balance online or via the mobile app to confirm the payment's application to your Susan G. Komen® Customized Cash Rewards credit card debt.
Editorial Opinion
The Susan G. Komen® Customized Cash Rewards Credit Card can be a valuable option for individuals whose spending habits align with its bonus categories and who are motivated by the opportunity to support breast cancer research. Offering 3% cash back in a chosen category, 2% at grocery stores and wholesale clubs, and a $200 sign-up bonus, this card provides substantial rewards potential without an annual fee. It is relatively accessible for those with good to excellent credit, making it a feasible choice for many. The card’s appeal is further enhanced by the added value of contributing to a significant cause with every transaction.
Additional Resources
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