Bank of America Customized Cash Rewards Credit Card Review

With the Bank of America Customized Cash Rewards Credit Card, cardholders have the freedom to choose which categories they want to earn cash back in. 

This credit card is designed to provide cardholders with the flexibility to earn cash back on everyday purchases while also enjoying additional benefits and features.

Get ready for the power of choice with the Bank of America Customized Cash Rewards credit card! This no-annual-fee card combines simplicity with impressive rewards rates, allowing you to select and change your bonus rewards category from options like gas, online shopping, dining, travel, drug stores, or home improvements and furnishings.

On top of that, earn unlimited 1% cash back on all other purchases and enjoy a fantastic welcome bonus. If you’re already a Bank of America customer, this card offers even more value, making it one of the best credit cards out there!

CREDIT CARD

Bank of America Customized Cash Rewards

No annual fee cash rewards bonus

Redeem or earn the reward you want

APPLY NOW You will be redirected

Benefits of Bank of America Customized Cash Rewards Credit Card

• Customizable Cash Back

One of the standout features of the Bank of America Customized Cash Rewards Credit Card is its customizable cash back program. With this feature, you have the flexibility to choose the category in which you will earn 3% cash back. Whether it’s groceries, gas, online shopping, or dining out, you can select the category that aligns with your spending habits and earn rewards accordingly. Plus, earn 2% cash back on grocery stores and wholesale clubs for the first $2,500 of combined bonus category/grocery store/wholesale club spending per quarter and 1% back on all other purchases.

• No Annual Fee

Another significant advantage of this credit card is that it comes with no annual fee. This means that you can enjoy the benefits and rewards of the card without worrying about additional costs. It’s a great way to maximize your savings while enjoying the convenience and perks of a credit card. 

• Flexible Redemption to redeem rewards 

Flexibility is key, and Bank of America understands this. With the Customized Cash Rewards Credit Card, you have the freedom to redeem your rewards in a way that suits you best. Whether you choose to redeem your cash back as a statement credit, deposit it into your Bank of America savings or checking account, or even receive it as a direct deposit into your Merrill Lynch Cash Management Account, the choice is yours

• Introductory APR

The Bank of America Customized Cash Rewards Credit Card also comes with an introductory APR period, allowing you to make purchases or transfer balances with a lower interest rate for a certain period. This can be especially beneficial for managing your finances and paying off any existing debts. 

• Student-Focused Features

Additionally, Bank of America understands the unique needs of students, and the Customized Cash Rewards Credit Card offers student-focused features. These features include credit education tools and resources, making it an ideal choice for students looking to build their credit history responsibly. 

• Bonus after approval

Unlike many other high cash back cards, the Bank of America Customized Cash Rewards Credit Card offers a $200 cash back bonus for new cardholders who spend $1,000 on purchases within the first 90 days. You can redeem this bonus as a statement credit or deposit it directly into your bank account, making it both flexible and rewarding. Plus, if you use the card for your chosen bonus category purchases, meeting the welcome offer requirement is simple and beneficial. It’s a great way to boost your earnings and streamline your finances!

• Loyalty bonuses

This credit card comes packed with plenty of perks on its own, but you can supercharge your earnings even further with loyalty bonuses. With this program, you have the potential to earn 25% to 75% more on your Bank of America credit card rewards, along with a host of other benefits. By consolidating balances across Bank of America or Merrill accounts, you’ll watch your rewards grow significantly.

Qualifying for Bank of America Customized Cash Rewards Credit Card

Minimum Credit Score needed: You need a good to excellent credit score if you want to be qualified on getting Bank of America Customized Cash Rewards Credit Card. 

Annual Income requirements: The annual income requirements for Bank of America Customized Cash Rewards Credit Card is not applicable since it is designed for students. 

How to apply for Bank of America Customized Cash Rewards Credit Card?

Applying for a Bank of America Customized Cash Rewards Credit Card is easier than you think:

1. Go to the Bank of America website and look for Bank of America Customized Cash Rewards Credit Card
2. Click on Apply Now
3. Read Terms and Conditions
4. Fill your personal and financial details
5. Submit your application

Frequently Asked Questions (FAQs)

How can I increase my credit limit?

If you are eligible, you can request a credit limit increase online, on the other hand, you can do it by calling the number located on the back of your credit card.

Can I manage my Bank of America credit card account from almost anywhere?

Yes, whether you use online or mobile banking, you can access your account wherever you are..

Do I need to pay to enroll in the Rewards program?

Believe it or not, signing up is totally free and you don’t need to purchase anything.

What are the interest rates?

It offers 0% intro APR for 15 billing cycles, then 18.49%-28.49% Variable APR.

CREDIT CARD

Bank of America Customized Cash Rewards

No annual fee cash rewards bonus

Redeem or earn the reward you want

APPLY NOW You will be redirected