Advertiser & Editorial Disclosure

Bank of America® Cash Rewards credit card

Bank of America® Cash Rewards credit card
No annual fee. NEW OFFER: $200 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening. Earn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter. No changing categories and no expiration on rewards. 0% Introductory APR for 12 billing cycles for purchases AND for any balance transfers made in the first 60 days, then, 15.24% - 25.24% Variable APR. 3% fee (min $10) applies to balance transfers. Get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account. If you're a Preferred Rewards client, you can increase that bonus to 25% - 75%. Easily add your Mastercard® credit card to any digital wallet for a simple, secure, and convenient way to pay online, in-app, and in-store.
Cost
45% Complete
HighLow
Effort to Apply
10% Complete
DifficultEasy
Card Perks
80% Complete
PoorGood
Features
70% Complete
PoorGood

8/10

Bottom Line

A great no-fee, cash back card for everyday living. Open a checking or savings account with Bank of America to earn even more rewards.

Pros

No annual fee. Intro APR period. Generous bonus categories.

Cons

Cap on rewards in bonus categories.

Intro APR
0% for 12 billing cycles
Purchase APR
15.24% - 25.24% Variable APR
Annual Fee
$0
Welcome Offer
$200 after you spend at least $500 on purchases in the first 90 days of account opening.
Rewards Rate
1% cash back on every purchase, 2% cash back at grocery stores and wholesale clubs for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter, and 3% cash back on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter.
Foreign Transaction Fee
3% of the U.S. dollar amount of each transaction

Reviews

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