Bank of America Cash Rewards Cards for november 2025
Apply for a Bank of America Cash Rewards Cards. On 10.11.2025 you have access to credit cards. Increase your chances of getting money — fill out a multi-application with a free credit rating check.
Update 16.06.2024
Bank of America Cash Rewards Cards
Bank of America Customized Cash Rewards
No annual fee. 3% balance transfer fee.
On the Customized Cash Rewards card you’ll get 3% cash back in the category you choose. For grocery stores and wholesale clubs you’ll get 2% cash back. All other purchases earn 1% cash back.
You can choose from the following categories (Gas stations, Online shopping, Dining, Travel, Drug stores, Home improvement or furnishing. You can change the category each month.
First $2,500 in combined purchases in the chosen category each quarter earns 3% and 2% cash back. After that it’s 1% cash back.
After you make $1,000+ in purchases in the first 90 days of account opening you get a $200 online rewards bonus.
0% APR on Customized Cash Rewards card for 18 billing cycles for purchases and 60 days on balance transfers. After intro period 17.74% - 27.74% variable.
Bank of America Preferred Rewards members earn 25% - 75% more cash rewards on every purchase. This online only offer may not be available if you visit the Bank of America financial center.
You can redeem rewards your way. Choose from Statement credit, direct deposit into a Bank of America checking account or savings account, credit to an eligible account with Merrill. Contribution to a qualifying Merrill account or for a check for $25. Automatic redemptions into eligible bank accounts. Automatic redemptions for $25.
Bank of America Unlimited Cash Rewards
No annual fee. 3% balance transfer fee.
The card gives you 1.5% cash back on all purchases with no limit or expiration. You get a $200 online cash rewards bonus after you spend $1,000 in the first 90 days of account opening.
Preferred Rewards earn you 1.87%-2.62% cash back on every purchase. That means 1.87% - 2.62% cash rewards on everyday purchases.
Intro 0% APR for 18 billing cycles for purchases and 60 days on balance transfers. Even with no annual fee you will be charged wire transfers, balance transfers, cash advances and foreign transaction fees.
After intro period you will pay variable APR 17.74% - 27.74%.
Bank of America Premium Rewards
Annual fee $95. No foreign transaction fee.
2 points per $1 spent on dining and travel purchases and 1.5 points per $1 spent on everything else. You can redeem for cash back as: Deposit into checking or savings accounts or Credit to eligible Merrill accounts or Statement credit to the credit card or Gift cards and purchases at the Bank of America Travel Center.
You can earn 50,000 online bonus points which is worth $500. Spend $3,000 in the first 90 days of account opening.
For qualifying purchases like seat upgrades, baggage fees and airline lounge fees you get up to $100 in Airline Incidental Statement Credits per year.
Preferred rewards member can earn 25%-75% more points on every purchase. You get 2.5-3.5 points per $1 spent on travel and dining or 1.87-2.62 points per $1 spent on everything else.
Bank of America Premium Rewards Elite
Annual fee $550. 3% balance transfer fee.
2 points per $1 spent on dining and travel purchases and 1.5 points per $1 on everything else. No limit on points and no expiration.
You choose how you want to be rewarded: Travel points, Cash back, Statement credit, Gift cards, Experiences.
20% back on airfare when you pay with points through the Travel Center.
50,000 bonus points worth $500 when you spend $3,000 in the first 90 days of account opening.
For qualifying purchases like seat upgrades and baggage fees you get up to $300 per year in Airline Incidental Statement Credits. For lifestyle conveniences you get up to $150 per year and for Global Entry or TSA PreCheck application fees you get up to $100 in statement credits.
Preferred rewards members can earn 25%-75% more on every purchase.
You'll get 2.5-3.5 points on travel and dining and 1.87-2.62 points on everything else.
Bank of America Susan G. Komen Customized Cash Rewards Visa
No annual fee. 3% balance transfer fee.
You'll earn 3% cash back in your choice category. It can be gas stations, online shopping, dining, travel, drug stores and home improvement purchases. 2% cash back at grocery stores and wholesale clubs. 1% cash back on everything else. 3% and 2% cash back on first $2,500 in combined choice category purchases and then 1% after that.
You can change your choice category every month through Online Banking or Mobile Banking app or keep it the same.
Preferred rewards members earn 25%-75% more cash rewards on every purchase. For the choice category the earning rate will be 3.75%-5.25%. For grocery stores and wholesale clubs 2.50%-3.50% and for everything else 1.25%-1.75%.
Intro 0% APR for 18 billing cycles on purchases and 60 days on balance transfers. After the intro period ends you will pay a standard rate of variable APR of 17.74%-27.74%.
Pros and cons
Pros
No annual fee on some cards. No service fee on Bank of America Customized Cash Rewards credit card, Bank of America Unlimited Cash Rewards card and Susan G. Komen Customized Cash Rewards Visa credit card from Bank of America.
Longer intro period with 0% APR. Intro offer is 18 billing cycles 0% APR for purchases and 60 days for balance transfers.
More cash back if you're a preferred member. Preferred Rewards members get 25%-75% more cash rewards depending on their tier.
Cons
Requirements are tough. You need to have an established credit score to get the best offers. Your income and DTI ratio must be in good standing.
Cards have rewards spending limits. Bank of America Customized Cash Rewards credit card has a quarterly spending limit.
Variable APR can go up. While it's true that variable APR can go down if the Prime Rate goes down, in reality the rate only goes up.
Terms and conditions
Cash Rewards cards from Bank of America give you cash back on what you buy. Intro APR 0% for 18 billing cycles for purchases and 60 days on balance transfers. APR after intro period 17.74% - 27.74% variable.
How to apply for a credit card
To apply for a Bank of America credit card you need to check your eligibility. The bank will review your credit score, income, debts and personal information.
The credit score Bank of America requires for Cash Rewards credit cards is 690 FICO or higher. You also need to have low debt-to-income ratio and prove you have a steady income.
You can apply online, over the phone or in-store.
Apply online
Go to Bank of America website;
Click on credit cards and choose "Travel Rewards";
Choose the card you like or compare them;
Click "Apply Now" on one of the cards;
Fill in your name, address, zip code, phone number and email address;
Provide financial information, SSN, bank account and employment.
The bank will contact you via email after reviewing your application. If approved you will receive the card in 7-10 business days.
Bank of America Preferred rewards
Bank of America Preferred Rewards is a program that gives higher benefits to bank customers. To become a preferred rewards member you need to have a checking account with Bank of America and enroll in the program.
There are four tiers of Bank of America's Preferred Rewards program:
Gold tier: 3 months average daily balance of $20,000-$50,000. 25% credit card rewards and 0.05% annual fee discount on Merrill investment accounts.
Platinum tier: $50,000-$100,000 3 months average daily balance. 50% credit card rewards and 0.10% annual fee discount on Merrill investing.
Platinum Honors tier: $100,000-$1M 3 months average daily balance. 75% credit card rewards and 0.15% annual fee discount on Merrill investing.
Diamond tier: $1M-$10M 3 months average daily balance. 75% credit card rewards and 0.15% annual fee discount on Merrill investing.
No fee to enroll in Preferred Rewards. To become a member you need:
To have a Bank of America checking account. It must be active.
Have at least $20K 3 months average combined balance. It includes balances in your deposit and Merrill investment accounts.
Pay off debt
You won’t pay interest on your Bank of America Cash Rewards credit card if you pay the full balance before the due date. Due date will be at least 25 days after the end of the billing cycle.
If your minimum payment is not received by the due date, Bank of America will charge a late fee. Late fees are $29 and $40 for subsequent failures within 6 billing cycles.
Late fee will not exceed the total minimum payment due. If your balance is $100 or less, Bank of America will not charge a late payment fee.
You can manage your credit card account online and mobile app.
To make a payment online:
Log into Online Banking;
Click on Bill Pay;
Click on Manage Pay To/Pay From Accounts if you are paying from an account with another bank. Then click Add Pay From Account and enter the routing number.
Click Transfer | Send and then Between My Accounts At Bank of America if you are transferring from a Bank of America account.
If you have the mobile app, you can make a payment towards your credit card debt. Log into the mobile app, select your credit card account and then tap on Make a payment.
Editoral Opinion
Bank of America's cash rewards credit cards are designed to offer significant benefits for everyday spending. The Bank of America® Customized Cash Rewards credit card provides 3% cash back in a category of your choice, 2% at grocery stores and wholesale clubs, and 1% on all other purchases, with no annual fee. Another option is the Bank of America® Unlimited Cash Rewards credit card, which offers unlimited 1.5% cash back on all purchases, also with no annual fee. Both cards are ideal for those looking to maximize cash back on regular expenditures.
What benefits does the Bank of America cash rewards card have?
With the Bank of America cash rewards card, you get a percentage of cash back for each $1 you spend. After you collect the points, you can redeem them on spending or cash advances.
Is it hard to get a Bank of America cash rewards credit card?
It can be hard to qualify for the Bank of America cash rewards credit cards because of the high credit score requirement. However, if your credit history is in good standing, you can qualify for the cards quite easily.
Is the Bank of America cash rewards Card worth it?
You can get from 1% to 3% of cash back for each $1 spent. One point will be worth $0.015. You can calculate your spending per month and determine if the card is worth it. You can try Citi Double Cash Card or Citi Custom Cash Card as an alternative.
Can I get a Bank of America credit card with a 650 credit score?
Bank of America has a credit score requirement of 750 and higher for its credit card offers. You can still get a credit card from Bank of America even with lower credit. There are secured credit cards allowing you to receive approval and improve or establish your credit while using the card.
