Bank of America Cash Rewards™ Credit Card
Welcome Offer
Receive $200 in cash after making at least $1,000 in purchases in the first 90 days of your account opening.
Point Accrual
- No annual fee
- Earn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on the category of your choice (gas, online shopping, dining, travel, drug stores or home improvements and furnishings) up to the first $2,500 in combined grocery/wholesale club/gas purchases each quarter
- No changing categories and no expiration on rewards
- 0% Introductory APR for 12 billing cycles for purchases AND for any balance transfers made in the first 60 days.
- Get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account
- If you're a Bank of America Preferred Rewards client, you can increase that bonus by up to 75% (status requires $100,000 at Bank of America or Merrill Lynch).
Why BestCashCow Likes
A great card for those who are Bank of America Preferred Rewards clients - those with over $100,000 in either BoA or Merrill Lynch - who with their 75% bonus can receive 5.25% cash back in a category of their choice.
Calculating Your Value
Your Annual Points
With our default spend profile, this card can produce 57,400 points annually.
We value these points as high as 1.00 cents per point.
So, you can receive up to $574.00 in value per year.
Calculate New Values
Enter Your Estimated Annual Spend in Each Category to See How this Card Can Maximize Your Reward Earnings
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Customer Reviews for Bank of America Cash Rewards™ Credit Card
Have you found a great redemption from your use of this card that you would like to tell others about. Please share your experience below.
Tom Theobold
May 16, 2023 |
There are much better options above for anyone with is platinum with Merrill Lynch.
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