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

Bank of America® Unlimited Cash Rewards review. Source: Bank of America.
Bank of America® Unlimited Cash Rewards review. Source: Bank of America.

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 ScoreGood – Excellent 
Annual Fee$0
Regular APRFrom 13.99% to 23.99%
Welcome bonus$200 
Rewards1.5% cash back on all purchases
Logo Bank of America fundo cinza

How to apply Unlimited Cash Rewards

Bank of America® Unlimited Cash Rewards offers rewards with $0 annual fee. See how to apply for it!

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

See what are the benefits of Bank of America® Unlimited Cash Rewards credit card. Source: Canva.
See what are the benefits of Bank of America® Unlimited Cash Rewards credit card. Source: Canva.

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!

Pros

  • 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

Cons

  • 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

Pre-approved credit cards for low credit score available now

We analyzed your profile and found some offers that you can apply for today.

You will be redirected to another website

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!

Logo Bank of America fundo cinza

How to apply Unlimited Cash Rewards

Bank of America® Unlimited Cash Rewards offers rewards with $0 annual fee. See how to apply for it!

About the author  /  Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by  /  Aline Barbosa

Senior Editor

Trending Topics

content

Bankruptcy or consumer proposal: differences and full comparison

If you have a lot of debt, you might be thinking of bankruptcy or consumer proposal. Read more to find out which is the best option for you!

Keep Reading
content

Bonds as an Investment: a guide for beginners

How much do you know about bonds investments? We want to test your knowledge and challenge you to gain money out of bonds!

Keep Reading
content

Schools First Federal Credit Union Personal Loans review: no collateral required

Check out the Schools First Federal Credit Union Personal Loans review post and learn how you can borrow up to $50,000 for whatever you need.

Keep Reading

You may also like

content

Surge® Platinum Mastercard® credit card review: credit limit even for the lowest scores

If you have a bad score or no score, this is an excellent way to fix it. Learn more about the advantages of this card and what makes it so successful in our Surge® Platinum Mastercard® credit card review!

Keep Reading
content

8 top apps to watch movies and series for free: download now!

Binge-watch your favorite movies and series for free with these apps. From classic films to anime and exclusive content, these apps have got you!

Keep Reading
content

Renting or buying a home: find out what is best for you!

This article will help you weigh the pros and cons of renting or buying a home to make an informed decision. Each option has its advantages, but there are also drawbacks. Read on to learn more!

Keep Reading