Credit Cards (US)
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!
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!
You will be redirected to another website
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!
About the author / Aline Augusto
Reviewed by / Aline Barbosa
How to apply for the Tomo Credit Card?
Learn how a Tomo Credit Card application works so you can apply for it and start building credit while enjoying exclusive rewards and perks.Keep Reading
What are digital nomads and where can you get a digital nomad visa?
Learn what a digital nomads is and where you can get a digital nomad visa to travel worldwide while working and living amazing experiences.Keep Reading
You may also like
Apply for Marriott Bonvoy Business® American Express® Card today
Discover how to apply for the Marriott Bonvoy Business® American Express Card. Earn up to 6x points on purchases and more!Keep Reading
Application for the BMO CashBack Business Mastercard card: how does it work?
If you are looking to apply for this business credit card, this easy-to-follow step-by-step guide is going to help you get yours today.Keep Reading
Capital One Savor Cash Rewards Credit Card vs. Capital One Walmart Rewards® Mastercard®: card comparison
Unsure if you should apply for the Capital One Savor Cash Rewards Credit Card or Capital One Walmart Rewards® Mastercard®? Check out this comparison to see which offers the best benefits for you!Keep Reading