Bank of America Cash Rewards

Bank of America Cash Rewards credit card Review Highlights:

$200 online cash rewards bonus offer.

3% cash back in the category of your choice, 2% cash back at grocery stores and wholesale clubs and 1% cash back on all other purchases. See below for details on quarterly maximum.

Earn cash back your way – choose your 3% category.

3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement/furnishings.

2% cash back at grocery stores and wholesale clubs.

1% cash back on all other purchases.

You’ll earn 3% and 2% cash back on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, then earn 1% Calculate rewards.

Go to Online Banking or the Mobile Banking app1 to change the choice category for future purchases once each calendar month, or make no changes and it stays the same.

No annual fee

Enjoy no annual fee while maximizing your cash back by choosing how you earn rewards.

Get even more rewards

Preferred Rewards members earn 25%-75% more cash back on every purchase.

That means the 3% choice category could go up to 5.25% and the 2% at grocery stores and wholesale clubs could go up to 3.5%, for the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, and the 1% for all other purchases could go up to 1.75%.

Low Introductory APR Offer

Introductory 0% APR for your first 12 billing cycles for purchases. After the intro APR offer ends, a Variable APR that’s currently 13.99% to 23.99% will apply.

$200 online cash rewards bonus offer

Online $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening.