Bank of America Credit Card Advantages for Rewards and Cashback

Bank of America credit cards offer a range of rewards and cashback options that can help you earn points or cash on your everyday purchases.

One of the most popular rewards options is the Bank of America Cash Rewards credit card, which offers 3% cashback on gas and 2% cashback at grocery stores and wholesale clubs.

You can earn a significant amount of cashback with this card, especially if you regularly fill up your gas tank and buy groceries.

Bank of America also offers a 0% introductory APR on purchases and balance transfers for 12 billing cycles, which can help you save money on interest charges.

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Bank of America offers a wide range of credit cards that cater to different needs and preferences.

You can choose from various types of credit cards, including those with no foreign transaction fees and travel insurance.

Some of the best Bank of America credit cards for specific purposes include:

The Bank of America Customized Cash Rewards card has a welcome offer of $300, with a rewards system that earns solid rewards on your chosen categories. The annual fee is $0, and the minimum credit score required is 740.

Bank of America credit cards offer a range of benefits and features that make them a great choice for many consumers.

You can get a no-annual-fee card from Bank of America, which means you can save money and enjoy the card's perks without paying an extra fee.

With Bank of America's Museum on Us program, you can get free museum entry at eligible museums across the US on the first full weekend of every month.

Here are some key benefits of Bank of America credit cards:

Bank of America also offers a balance transfer feature with no annual fee for any balance transfer card, which can help you pay less for your balance transfer.

You can also get a $200 online cash rewards bonus after spending $1,000 in the first 90 days with the Bank of America Customized Cash Rewards credit card.

Bank of America credit cards offer a range of benefits and features that can make them attractive to cardholders.

No annual fee cards are a major advantage of Bank of America credit cards. In fact, more than a dozen Bank of America credit cards have no annual fee, which is a substantial portion of their card lineup.

You can save money and enjoy the cards' perks without paying an annual fee. This is a big plus, especially for students who may not have a lot of disposable income.

One of the standout benefits of a Bank of America credit card is the Museums on Us program. This program allows you to get a free museum entry at eligible museums across the US on the first full weekend of every month, simply by showing your Bank of America credit card.

If you're a student, the Bank of America Customized Cash Rewards for Students card is a great option. This card offers a 0% intro APR period, a $200 online cash rewards bonus after spending $1,000 in the first 90 days, and 3% cash back in a category of your choice.

Here are some of the benefits and features of the Bank of America Customized Cash Rewards for Students card:

If you're a frequent traveler, the Bank of America Premium Rewards card may be a good option. This card offers a $95 annual fee, but it also offers a higher signup bonus and additional travel perks, such as $200 in combined travel credit and TSA PreCheck and Global Entry application fee credit.

Here's a comparison of the Bank of America Travel Rewards Credit Card and the Bank of America Premium Rewards card:Bank of America Travel Rewards Credit CardBank of America Premium Rewards cardAnnual fee$0$95Points1.5x points on all purchases1.5x points on travel and dining purchasesSignup bonus25,000 bonus miles after spending $1,000 in the first 90 days50,000 bonus miles after spending $3,000 in the first 90 daysOther perksN/A$200 in combined travel credit and TSA PreCheck and Global Entry application fee creditPoints earned with monthly spending of $1,000 on travel and dining and $1,000 on all other purchases36,000 points annually42,000 points annuallyTotal points for the first year if you clear the signup bonus61,000 points (around $610 value when redeemed for travel)92,000 points (around $920 value when redeemed for travel)

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The TSA PreCheck benefit is a game-changer for frequent travelers. You'll get to zip through airport security lines in no time.

This card will effectively pay you $5 to sign up or re-up your membership once every four years, thanks to the up to $100 Global Entry credit it offers.

You can earn Bank of America points and miles on your spending with certain cards, and access BankAmeriDeals for cash back rewards based on your spending habits.

Bank of America credit and debit cardholders get access to BankAmeriDeals, offering cash back based on your spending habits in various categories.

The Bank of America Preferred Rewards program gives you access to bonus rewards of up to 25% when you enroll. You can also earn more rewards with specific travel cards that have an annual fee, such as the Bank of America Premium Rewards Credit Card.

With the Bank of America Premium Rewards Credit Card, you can earn 1.5x points on travel and dining purchases, compared to the 1.5x points you'd earn on the Bank of America Travel Rewards Credit Card. The Premium Rewards Card also offers a higher signup bonus and additional travel perks.

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Here's a comparison of the two cards:

You can earn cash back on your spending with Bank of America credit and debit cards, plus get access to BankAmeriDeals offering cash back based on your spending habits in various categories.

The Bank of America Customized Cash Rewards card offers 3% cash back on purchases in a chosen category, 2% at US grocery stores and wholesale clubs, and 1% on all other purchases.

One card that stands out for cashback rewards is the Bank of America Customized Cash Rewards card, which offers a welcome offer of $200 after spending $1,000 in the first 90 days.

Here are some key benefits of the Bank of America Customized Cash Rewards card:

Rewards can be a great way to get something back for your spending. The Bank of America Travel Rewards Credit Card offers 1.5 points for each dollar spent, which is a simple and straightforward rewards structure.

You can earn a lot of points with this card, especially with the intro APR offer and the hefty signup bonus. For example, you'll get 25,000 points after spending $1,000 in the first 90 days with the Bank of America Travel Rewards Credit Card.

Not all rewards programs are created equal, though. Some airlines have their own rewards programs, like Spirit's Free Spirit miles or Amtrak's Amtrak Guest Rewards points.

If you're looking for a rewards program that's easy to understand, the Bank of America Travel Rewards Credit Card might be a good choice. With no annual fee and a 0% intro APR offer, you can earn rewards without breaking the bank.

Here are some benefits of the Bank of America Travel Rewards Credit Card's rewards program:

Some rewards programs also offer credits for airline incidental fees, like seat upgrades or baggage fees. For example, the Bank of America Travel Rewards Credit Card offers an annual up to $100 airline credit to cover these types of purchases.

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Bank of America offers a range of reward programs that can help you earn points and miles on your spending. These programs vary depending on the card you sign up for.

You can earn Bank of America points and miles on your spending with certain credit and debit cards. For example, the Bank of America Customized Cash Rewards card offers 3% cash back on purchases in a chosen category and 2% at US grocery stores and wholesale clubs for the first $2,500 in combined purchases each quarter.

The Bank of America Preferred Rewards program offers bonus rewards of up to 25% when you enroll and meet certain qualification parameters. There are three tiers to the program: Gold, Platinum, and Platinum Honors.

To redeem your points and miles, you can use the Travel Center through BofA's site or deposit points into a Bank of America checking or savings account or an eligible Cash Management Account with Merrill Lynch Wealth Management or Merrill Edge.

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The Bank of America Premium Rewards Credit Card offers 1.5x points on travel and dining purchases, a higher signup bonus, and additional travel perks like $200 in combined travel credit and TSA PreCheck and Global Entry application fee credit. This card has an annual fee of $95.

Here's a comparison of the Bank of America Travel Rewards Credit Card and the Bank of America Premium Rewards Credit Card:

You'll earn rewards with most Bank of America credit cards, but the amount varies greatly between cards. The Bank of America Premium Rewards Credit Card earns 1.5x points on travel and dining purchases, compared to 1.5x points on all purchases with the Bank of America Travel Rewards Credit Card.

The Bank of America Premium Rewards Credit Card has a higher signup bonus of 50,000 bonus miles after spending $3,000 in the first 90 days, while the Bank of America Travel Rewards Credit Card offers 25,000 bonus miles after spending $1,000 in the first 90 days.

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If you're looking to save money on interest, the BankAmericard credit card is a good option, offering an introductory 0% APR for 15 billing cycles on balance transfers made in the first 60 days. However, this card doesn't offer much in the way of rewards or travel perks.

The Bank of America Unlimited Cash Rewards Credit Card earns unlimited 1.5% cash back on all purchases, with no annual fee. This card also offers a 0% intro APR for the first 15 billing cycles on purchases and on any balance transfers made in the first 60 days.

Here's a comparison of the rewards and features of the Bank of America Unlimited Cash Rewards Credit Card and the Bank of America Travel Rewards Credit Card:

Ultimately, the return on rewards will depend on your individual spending habits and the specific credit card you choose.

To compare Bank of America credit cards, you can use their table to sort cards by name, intro APR, annual fee, or minimum credit score.

You can check up to four cards you're interested in and click the Compare button to see a side-by-side comparison of fees, requirements, and features.

Bank of America offers a robust selection of credit cards, including strong rewards cards that earn solid rewards on your chosen categories, like the Bank of America Customized Cash Rewards.

For small businesses, the Bank of America Platinum Plus Mastercard Business card is a well-balanced option with a $0 annual fee and a 0% intro APR for the first 7 billing cycles.

Its lower-than-average APR can lead to potential savings on interest charges, making it a great choice for businesses that need to make purchases or want to avoid high interest rates.

The card also offers a $300 online statement credit after making at least $3,000 in purchases in the first 90 days of account opening.

However, it's worth noting that this card doesn't offer cashback rewards, so businesses may want to consider other options if they're looking for rewards.

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Here are some key details about the card:

Bank of America also offers other business credit cards, including the Business Advantage Customized Cash Rewards Mastercard and the Business Advantage Travel Rewards World Mastercard.

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To compare credit cards effectively, you can use online tools like the one offered by Finder, which allows you to score credit cards based on a data-driven methodology with 3 main criteria: rewards, annual fee, and APR.

Finder uses a simple score out of 10, with higher scores indicating better credit cards for the average customer. You can also use their table to sort Bank of America credit cards by name, intro APR, annual fee, or minimum credit score.

If you're interested in comparing multiple cards, you can check the Compare box under up to four cards and click the Compare button to see a side-by-side comparison of fees, requirements, and features. This can be especially helpful when comparing cards with different rewards programs, annual fees, or APRs.

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Bank of America credit cards can be compared by card type, such as those with no foreign transaction fees or credit cards with travel insurance. You can also compare cards based on specific features, like the Bank of America Customized Cash Rewards card, which earns solid rewards on your chosen categories.

Here's a breakdown of some key features to consider when comparing Bank of America credit cards:

For small businesses, the Bank of America Platinum Plus Mastercard Business card is a well-balanced option with low intro and standard APRs, a $0 annual fee, and a signup bonus that's easy to attain.

Bank of America offers a range of credit cards designed for business owners, including the Bank of America Platinum Plus Mastercard Business card, the Bank of America Business Advantage Customized Cash Rewards Mastercard credit card, and the Bank of America Business Advantage Travel Rewards World Mastercard credit card.

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You can earn bonus rewards of up to 25% by enrolling in the Preferred Rewards program, which offers increasing rewards with each tier, including Gold, Platinum, and Platinum Honors.

To qualify for the Platinum tier, you need an average daily balance of at least $50,000 in assets between your Bank of America accounts and Merrill accounts over three months. This gets you over the 2% cash-back level, surpassing many competitor cards like the Citi Double Cash Card and the Fidelity Rewards Visa card.

The following credit cards offer varying rewards and benefits:

The Bank of America offers a range of business credit cards, each with its own unique features.

The Bank of America Platinum Plus Mastercard Business card is a well-balanced option for small businesses, with a $0 annual fee and a 0% intro APR for the first 7 billing cycles.

The card also comes with a welcome offer of $300 online statement credit after making at least $3,000 in purchases in the first 90 days of account opening.

Here are some of the Bank of America business credit cards:

The Preferred Rewards program offers increasing rewards as you move through its tiers. Each tier has its own set of qualification parameters.

To reach the Platinum tier, you'll need an average daily balance of at least $50,000 in assets between your Bank of America accounts and Merrill accounts over three months.

Having Platinum status is significant because it pushes your baseline rewards earnings over the 2% cash-back level. Several cards, like the Citi Double Cash Card, can earn anyone 2% cash back on all purchases, but being at least Platinum makes the Premium Rewards Card stand out.

To reach Platinum Honors status, you'll need an average daily balance of over $100,000 over three months. This earns you a baseline cash back of 3.5% on travel and dining and 2.625% on all other purchases.

If you hold no tier or only Gold tier status, your baseline cash back is less than 2%. This means other cards, like the Citi Double Cash Card, can earn you more cash back, even with no annual fee.

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Bank of America offers a few advantages when it comes to balance transfers. No annual fee is charged for any balance transfer card, which can help you pay less for your balance transfer.

Most balance transfer cards have rewards, but Bank of America has several cards with balance transfer intro APRs and the same rewards structure as the Bank of America Customized Cash Rewards. A notable exception is the BankAmericard Credit Card, which offers a strong intro APR but no rewards.

If you're looking to avoid balance transfer fees, Bank of America is worth considering. The BankAmericard Credit Card, for example, waives balance transfer fees for the first 60 days your account is open.