Your Comprehensive Guide to the Bank of America Customized Cash Rewards Credit Card
Earn up to 3% cash back on categories of your choice, 2% at grocery stores and wholesalers, and 1% on all other purchases with the Bank of America Customized Cash Rewards Credit Card. The card’s annual percentage rate (APR) for purchases ranges from 14.99% to 24.99%, depending on your credit score. This is an important factor to consider, as higher rates can apply if you don’t pay your bill in full each month. However, the Bank of America Customized Cash Rewards Credit Card also offers payment flexibility, allowing customers to pay their bills conveniently and choose installment plans, albeit with additional fees.
The Bank of America Customized Cash Rewards Credit Card offers flexible cash back with 3% on a chosen category (such as groceries or gas), 2% on groceries and wholesalers, and 1% on all other purchases. It also offers a $200 welcome bonus when you spend $1,000 in the first 90 days. The card has no annual fee and offers purchase protection, and there are no fees for international transactions. Rewards can be redeemed as statement credits, bank deposits, or gifts. To be approved, you must have a good credit history.
Bank of America Customized Cash Rewards Credit Card
No Annual Fee: $0.
Custom Rewards: 5% cashback on a chosen category, 2% cashback on supermarkets and wholesalers, 1% cashback on other purchases
Protection: Fraud protection, purchase insurance and extended warranty.
Once approved for the card, customers can receive a welcome bonus of $200 in cash back if they spend $1,000 or more within the first 90 days of opening their account. This bonus is a great way to start racking up rewards quickly.
The card’s annual percentage rate (APR) for purchases ranges from 14.99% to 24.99%, depending on your credit score. This is an important factor to consider, as higher rates can apply if you don’t pay your bill in full each month. However, the Bank of America Customized Cash Rewards Credit Card also offers payment flexibility, allowing customers to pay their bills conveniently and choose installment plans, albeit with additional fees.
When considering the Bank of America Customized Cash Rewards Credit Card, remember to track your spending, choose your cashback categories wisely, and take advantage of the options to redeem your rewards in the way that works best for you. With responsible use, the card can become a valuable tool in your financial portfolio.
Bank of America Customized Cash Rewards Credit Card
Frequently Asked Questions
What rewards does the card offer?
The Bank of America Customized Cash Rewards Credit Card offers 3% cash back on a chosen category (such as groceries, gas, travel, or other), 2% on grocery purchases, and 1% on all other purchases. The 3% category may change quarterly.
Is there an annual fee?
No, the Bank of America Customized Cash Rewards Credit Card does not charge an annual fee.
What are the card interest rates?
The APR (annual percentage rate) for purchases is 14.99% to 24.99%, depending on your credit score. The rate for cash advances is 25.99%