Bank of America® Unlimited Cash Rewards card full review
Bank of America features a new competitive credit card that offers rewards and more. Check out now the Bank of America® Unlimited Cash Rewards review!
by Aline Augusto
Bank of America® Unlimited Cash Rewards card
When it comes to credit card searching, you must look for those with a reasonable APR, good rewards program, and low costs. Then, you must check out our Bank of America® Unlimited Cash Rewards review, because this credit card meets all these requirements.
And more, there is an introductory APR offered when you open the account.
Learn more about it on this post! Then, keep reading!
|Credit Score||Good – Excellent|
|Regular APR||From 13.99% to 23.99%|
|Rewards||1.5% cash back on all purchases|
How does the Bank of America® Unlimited Cash Rewards credit card work?
The Unlimited Cash Rewards credit card offers 1.5% cash back on all purchases, and it allows you to join the Bank of America’s Preferred Rewards Program, which raises the tiers of rewards.
Plus, by signing up, you earn $200 and an introductory APR of 0% for 15 months within 60 days after the account opening.
Also, it provides you with security features, such as account alerts against suspect fraudulent activities and overdraft protection.
In addition, the card gives you convenience and agility through contactless payment, paperless statement options, mobile app, and digital wallet linking.
Finally, all of it is without an annual fee. Is this real? Yes, it is. But let us explain all its benefits and the downsides first, for you to make a wise decision!
Bank of America® Unlimited Cash Rewards benefits
Firstly, you earn unlimited cash back with no expiration date. Plus, it can be redeemed as a deposit into your checking or saving account, or a statement credit.
Secondly, you can get an introductory APR and a bonus if opening an account.
Last but not least, there is no annual fee charged for this credit card.
However, note that it charges a 3% foreign transaction fee. Also, it requires at least a good credit score for the application process.
See right below the list of pros and cons!
- No annual fee
- Unlimited 1.5% cash back on all purchases
- Possibility to access a higher tier of rewards through the Bank of America’s Preferred Rewards Program
- Introductory APR and sign-up bonus
- Security, protection, and convenience features
- Minimum good credit score recommended to apply for it
- Rewards higher tiers only available through the Bank of America’s Preferred Rewards Program
- It charges foreign transaction fee
How good does your credit score need to be?
Before applying for this card, note that it requires a minimum 690 credit score.
How to apply for a Bank of America® Unlimited Cash Rewards?
Check out if you are eligible to get your new card on our next post! Learn how to apply for it and get rewards!
How to apply for the First Digital NextGen credit card?
The First Digital NextGen card is a good option if you need to build up a credit score. See how to apply for it now and enjoy its perks!Keep Reading
How to apply for the Nash crypto wallet?
The Nash crypto wallet application only takes a few minutes. Read more to know how to get this crypto wallet and make the best of it!Keep Reading
You may also like
Application for the OpenSky Secured Visa card: how does it work?
The OpenSky Secured Visa card can help you establish or rebuild your credit. Don't let bad credit keep you from getting the things you need. Learn how to apply today and get on the road to a better credit future.Keep Reading
What is APR in credit cards: understand how it works
Are you interested in learning more about the APR (annual percentage rate), its benefits and risks, as well as how to avoid it? Take a closer look at what this term means for you.Keep Reading
Indigo Mastercard for Less than Perfect Credit review: Get a card with no deposit and a $300 limit
Check the review for the Indigo card and what it can do to help improve your credit score. Keep reading!Keep Reading