When it comes to managing your finances and getting the most out of your spending, the Bank of America® Customized Cash Rewards Credit Card stands out as a versatile and rewarding option. This card is designed to help you earn cash back on purchases that align with your lifestyle—whether that’s fueling your car, dining out, or stocking up on groceries. With no annual fee and a customizable rewards structure, it’s a top pick for anyone looking to maximize their spending power.
Imagine being able to tailor your credit card to fit your financial habits. The Customized Cash Rewards Credit Card makes that possible. You get to choose a 3% cash back category that suits you best, earn 2% at grocery stores and wholesale clubs, and still collect 1% cash back on everything else. Plus, new cardholders can snag a $200 online cash rewards bonus, just for spending $1,000 in the first 90 days. It’s a card that truly works for you.
Advantages of the card
Let’s talk perks! The Bank of America® Customized Cash Rewards Credit Card delivers plenty of them:
- Customizable rewards: Select a 3% cash back category, such as gas, dining, or online shopping, to match your top spending priorities.
- Everyday savings: Automatically earn 2% cash back at grocery stores and wholesale clubs for all your essential purchases.
- Unlimited earnings: Even when your spending doesn’t fit into the 3% or 2% categories, you’ll still get 1% cash back on every transaction.
- Introductory bonus: Score $200 in online cash rewards after spending just $1,000 within the first three months of account opening.
- Preferred rewards boost: If you’re part of the Bank of America Preferred Rewards program, you could enjoy an extra 25%-75% cash back on all purchases.
- Introductory APR: Take advantage of a low introductory APR, perfect for managing big-ticket purchases or transferring balances.
- Security and peace of mind: Features like fraud monitoring and $0 liability for unauthorized transactions keep your finances safe.
Disadvantages of the card
While this card has a lot to offer, there are a few limitations to keep in mind:
- Quarterly spending cap: The 3% and 2% cash back categories are limited to the first $2,500 in combined purchases per quarter. After that, you’ll earn just 1%.
- Variable APR: Once the introductory period ends, the APR can be on the higher side, ranging from 19.24% to 29.24% based on your creditworthiness.
- Limited redemption options: Cash back rewards can only be redeemed as statement credits, deposits into eligible accounts, or credit card payments—no travel or merchandise options.
- Eligibility requirements: This card is best suited for individuals with good to excellent credit, so it may not be accessible to everyone.
Extra features offered by the card
The Bank of America® Customized Cash Rewards Credit Card is issued by one of the nation’s leading banks, known for its robust financial services and commitment to customer satisfaction. This card is ideal for individuals who want a flexible rewards structure without the burden of an annual fee.
It’s particularly attractive for Bank of America customers enrolled in the Preferred Rewards program, which amplifies your earnings. Additionally, its advanced security features, such as fraud protection and monitoring, ensure peace of mind every time you swipe.
Learn how to apply for your credit card
Applying for the Bank of America® Customized Cash Rewards Credit Card is a straightforward process, whether you prefer doing it online, via the app, or in person. With so many options available, the choice is entirely yours. Before applying, make sure to review the card’s terms and ensure it aligns with your financial goals. Curious about the steps? Keep reading for a comprehensive guide on how to get started.
Discover the main ways to apply for the card
Are you ready to take the plunge and make this card a part of your wallet? The Bank of America offers several convenient application methods to suit your preferences. From online forms to personal assistance at a local branch, the process is designed to be seamless. Wondering which method works best for you? Let’s explore your options in detail.
Prerequisites for request
Before you can apply for the Bank of America® Customized Cash Rewards Credit Card, it’s important to meet a few key requirements. Applicants must be at least 18 years old (21 in some states) and have a valid Social Security number or Taxpayer Identification Number. A stable source of income and a good to excellent credit score are essential to qualify.
Additionally, you’ll need a U.S. residential address and access to a valid email account to complete the application process. Having a Bank of America account isn’t mandatory but can simplify certain steps. Make sure you have all necessary documents and information handy to avoid any delays.
From the site
Applying online is one of the quickest and easiest ways to secure your Customized Cash Rewards Credit Card. Simply visit the official Bank of America website and navigate to the credit cards section. Look for the Customized Cash Rewards option and click “Apply Now.” You’ll be prompted to fill out a detailed application form, which includes personal and financial information. After submitting, you’ll receive an instant decision or be notified if further review is needed.
From the site App
Prefer using your smartphone? Download the Bank of America mobile banking app from your device’s app store. Once installed, log in or create an account if you’re new to the bank. Navigate to the credit card section, select the Customized Cash Rewards card, and follow the step-by-step instructions to apply. The app streamlines the process and even allows you to track your application status in real-time.
By agency
If you value face-to-face interaction, applying in person at a Bank of America financial center might be your best bet. Visit your nearest branch and speak with a representative who can walk you through the application process. Bring along essential documents like a valid photo ID, proof of income, and your Social Security number. This personalized approach ensures all your questions are answered and helps you make an informed decision.
