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Over the Past 60 Days!
Bank of America® Cash Rewards Credit Card
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Regular Purchase APR
13.99% - 23.99% Variable APR
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Intro Purchase APR
0% Introductory APR on purchases for 12 billing cycles
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Intro BT APR
0% Intro APR for 12 billing cycles for balance transfers made in the first 60 days
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Typical Credit Needed
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Annual Fee
$0
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Card Brand
Visa®
Highlights
- Click "APPLY NOW" to apply online or call 800-791-5562
- No annual fee
- $150 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, 13.99% - 23.99% 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%
Card Fees
Late Payment Fees
Up to $38
Foreign Transaction Fee
3%
Balance Transfer Fee
3% of the amount of each transaction or $10, whichever is greater.
Returned Payment Fee
Up to $27
Penalty APR
Up to 29.99% APR
Minimum Interest Charge
$1.50
Additional Card Details
$0 Fraud Liability
Yes
Auto Rental Insurance
Yes
Extended Warranty Program
Yes
Roadside Assistance
Yes
Purchase Protection
Yes
Travel Assistance
Yes
Flight Accident Insurance
Yes
Lost Luggage Reimbursement
Yes
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Concierge Service
Yes
Expert Reviews
From the CompareCards.com Editorial Team
The Bank of America® Cash Rewards Credit Card is currently offering a $150 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening - that’s an appealing offer. Cardholders will enjoy an intro APR of 0% Introductory APR on purchases for 12 billing cycles and 0% Intro APR for 12 billing cycles for balance transfers made in the first 60 days, then 13.99% - 23.99% Variable APR.
There is also no annual fee associated with this card and you earn great cash back rewards with every purchase: 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. Redeeming your cash back is easy - you can set up your account to receive your cash back by direct deposit to a checking or savings account, have it credited to your statement or sent to you by check.
You can even get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account. And if you're a Preferred Rewards client, that bonus increases to 25% - 75%. Overall, the Bank of America® Cash Rewards Credit Card is a generous cash rewards credit card with something for everyone to love.
If you prefer the personal touch of a phone call when you apply for a credit card or have a question on your account, Bank of America goes the extra mile. You can expect an “an outstanding customer service experience” for the live phone channel, according to the May 2017 certification by J.D. Power.
The Bottom Line
The Bank of America® Cash Rewards Credit Card is a good rewards card that offers a chance to earn fantastic cash rewards rates on your spending. There are other features like overdraft protection, too, and the interest rate is reasonable. Bank of America customers also get to enjoy an ongoing 10% cash rewards bonus when redeeming rewards directly into a Bank of America® checking or savings account.
The Good
If earning cash back is your goal, the Bank of America® Cash Rewards Credit Card is a good option for you. You can earn cash back on everything you buy and receive it in fast, easy, convenient ways and rewards do not expire.
The Not So Good
It’s a solid rewards card, but if you like to travel overseas, be aware that transactions made in a foreign currency and transactions made in U.S. dollars that are processed outside the United States are subject to a heavy surcharge of 3%.
Editorial Note: This content is not provided by Bank of America. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by Bank of America.
Consumer Reviews 0 Reviews
+-4 users submitted a rating without a full review
Sort by:
By: Michael | Mar 21, 2016
i've had this card for many years now. it was once the very best cash back offer out there. if you are big on gas & groceries it still can be, even more if you bank with BofA. always liked the card and the service and definitely a keeper.
By: David | Mar 21, 2016
This card is SOOO useful, if for nothing else, for the fact that you can use the ShopSafe feature to generate random credit card numbers on the fly when buying online. This allows you to buy with confidence from a site that you may not completely trust with you credit card information. You set your own expiration date and max credit limit for the individual credit number you generate (which is then linked back to your real account). So no matter what, that card cannot be charged after the expiration or for more than what you specify! Brilliant! And the cash rewards are a nice bonus, but I usually just put that as a credit towards my balance.Info on ShopSafe:https://www.bankofamerica.com/privacy/accounts-cards/shopsafe.go
By: Maggie | Mar 21, 2016
I opened this card as a way to pay off the last bit of credit card debt I had with a balance transfer. I set up an automatic monthly payment to be sure the balance would be paid off by the end of the 0% introductory period. What's great is since all of my payments are made automatically on time Bank of America chips in a bit with the "Cash Back"!
By: Mark | Mar 9, 2016
This isn't the coolest looking card to pull out of your wallet, but it earns cash back FAST. The gas & grocery cash back rate is great and doesn't change like other cards.
Related Card Offers
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Rewards Rate
Unlimited 1.5% Cash Back on every purchase, every day
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Bonus Cash
One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening
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Cash Back Details
No minimums for redeeming and cash back won't expire for the life of the account
Highlights
- Click "APPLY NOW" to apply online
- One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase, every day
- Use your Quicksilver card and get 50% back as a statement credit on your monthly Spotify Premium subscription, now through April 2018
- No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
- 0% intro APR on purchases for 9 months; 13.99%-23.99% variable APR after that
- Balance transfers also have a 0% intro APR for 9 months; 13.99%-23.99% variable APR after that; a 3% fee applies to each balance transferred
- Pay no annual fee or foreign transaction fees
See additional details for Capital One® Quicksilver® Cash Rewards Credit Card
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Cashback Match™
Get a dollar-for-dollar match of all the rewards you've earned at the end of your first year, automatically*
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EARN
Up to 5% cash back in bonus categories, 1% on everything else*
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Redeem
Any amount, any time. Cash back rewards never expire*
Highlights
- New! Free Social Security Number alerts, we’ll monitor thousands of risky websites when you sign up.*
- You could turn $150 into $300 with Cashback Match™. Get a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year, automatically.
- Earn 5% cash back in rotating categories each quarter like gas stations, Amazon.com, restaurants, wholesale clubs and more, up to the quarterly maximum each time you activate. Plus, 1% cash back on all other purchases.
- Redeem your cash back for any amount, any time. Cash rewards never expire.
- 100% U.S. based customer service.
- Get your FICO® Credit Score for free on monthly statements, on mobile and online.
- No annual fee.
- Click "APPLY NOW" to see rates, rewards, FICO® Credit Score terms, Cashback Match™ details & other information.
See additional details for Discover it® Cashback Match™
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Rewards Rate
Unlimited 1.5% Cash Back*
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Sign Up Bonus
Earn $200 cash rewards bonus*
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Mobile Wallet Rate
Enjoy 1.8% cash rewards on Android Pay™ or Apple Pay™ *
Highlights
- Click "APPLY NOW" to apply online
- Earn a $200 cash rewards bonus after spending $1,000 in the first 3 months
- Earn unlimited 1.5% cash rewards on purchases
- Enjoy 1.8% cash rewards on qualified mobile wallet purchases, like Apple Pay® or Android Pay™, during the first 12 months from account opening
- No category restrictions or sign ups and cash rewards don't expire as long as your account remains open
- Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your Wells Fargo Cash Wise Visa® Card
- 0% Intro APR for 12 months on purchases and balance transfers, then a 13.99%-25.99% variable APR; balance transfer fees apply
- $0 Annual Fee
- Select "Apply Now" to learn more about the product features, terms, and conditions
See additional details for Wells Fargo Cash Wise Visa® Card
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