Credit Cards (US)
Bank of America® Customized Cash Rewards credit card review
Read our Bank of America® Customized Cash Rewards credit card review to learn how you can earn and customize your cash back rewards!
Bank of America® Customized Cash Rewards credit card: Great intro APR and no annual fee.
The Bank of America® Customized Cash Rewards credit card can be great for people who would like to choose their spending bonus categories.
You can choose categories to earn 3% cash back rewards and to get 2% back at wholesale clubs and grocery stores.
Even the card has a spending cap of $2,500 for combined categories, this can be a great cash back card for you. So, keep reading our full review of this rewarding Bank of America card!
How to get the BofA Customized Cash Rewards
Read on to learn how you can apply and start earning cash back rewards with the Bank of America® Customized Cash Rewards credit card.
How does this card work?
As a cardholder, you can get a $200 online cash back rewards bonus after spending at least $1,000 in the first 90 days after you have opened your account.
Also, you can get a 3% cash back bonus in a category of your own choice, and you can get 2% back at grocery stores and wholesale clubs. However, when you choose a category to get these bonuses, you have a $2,500 spending cap.
The card offers unlimited 1% back on all purchases. Plus, there’s no annual fee and a 18-month 0% period on purchases and balance transfers.
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Bank of America® Customized Cash Rewards benefits
Pros
- Get 3% cash back on your top category of choice;
- No annual fee.
- Long 0% APR intro offer.
Cons
- The rewards categories of 2% and 3% cash back have a $2,500 spending limit per quarter.
- The spending requirement to get the welcome bonus is a bit high.
- 3% foreign transactions fee.
Should you get a Bank of America® Customized Cash Rewards credit card?
This card has great cash back rewards, such as the 3% cash back in a category of your choice and 2% back at wholesale clubs and grocery stores.
With this in mind, to get this card, you must be able to spend enough money to get this cash back amount. And also, you must know that there is a spending cap of $2,500 when you choose the combined categories.
So, if you don’t mind the spending cap, you should consider getting this card.
How good does your credit score need to be?
To get this Bank of America credit card, you must have an excellent credit score. This means that your score should be above 700.
So, if you want to get this great cash back credit card, you should improve your score if you do not have a qualifying one.
How can you apply for this card?
It can be very straightforward to apply for this Bank of America card. You can easily make your application online. In the post below, we will show you some great information about how to apply for this credit card, so check it out!
How to get the BofA Customized Cash Rewards
Read on to learn how you can apply and start earning cash back rewards with the Bank of America® Customized Cash Rewards credit card.
Victória Lourenço
Aline Barbosa
Senior Editor
Trending Topics
Discover it® Secured Credit Card overview
Learn how you can repair your score while earning cash back rewards in this Discover it® Secured Credit Card overview!
Keep ReadingCasey’s Gift Card full review: buy individually or in bulk
Read Casey's Gift Card review to find out if it is worth considering getting a gift card from Casey’s to present yourself or someone else.
Keep ReadingComplete Car Warranty: is it worth it?
Extended or Complete Car Warranty: is it worth it? Check out the reasons why it would be or not a good choice to extend your car coverage.
Keep ReadingYou may also like
What happens if you don't use your credit card?
Learn why it's important to use your credit cards regularly and the consequences of not doing so!
Keep ReadingChildren's Health Insurance Program (CHIP): see how to apply
Learn how to apply for the Children's Health Insurance Program, what documents you need, and what steps are involved in the application process. Keep reading!
Keep ReadingHow to build credit fast from scratch with our tips for beginners!
Are you new to credit and wish to build a strong one? We can help you. Just follow these tips, and your score will skyrocket.
Keep Reading