The Bank of America Customized Cash Rewards Credit Card is designed for those who love flexibility and maximizing their rewards. This card allows you to choose your highest cashback category, making it perfect for shoppers, foodies, travelers, and everyday spenders alike. Whether you spend the most on groceries, dining, gas, or online shopping, this card adapts to your lifestyle and ensures every purchase earns you money back.
Beyond its incredible earning potential, this card offers premium perks like a generous introductory 0% APR, top-tier security, and seamless account management through Bank of America’s mobile and online platforms. With no annual fee and a customizable cashback structure, the Bank of America Customized Cash Rewards Credit Card is the perfect choice for those who want a smart, rewarding, and flexible way to spend.
Benefits of the Bank of America Customized Cash Rewards Credit Card
1. Choose Your Highest Cashback Category
One of the standout features of this card is the ability to choose your 3% cashback category, allowing you to maximize earnings on what you spend the most on. Whether it’s gas, dining, travel, drugstores, home improvement, or online shopping, you have the flexibility to tailor your rewards to fit your lifestyle.
2. 2% Cashback on Groceries & Wholesale Clubs
Even if groceries or warehouse shopping aren’t your selected 3% category, you still earn a solid 2% cashback at supermarkets and wholesale clubs. This ensures you save money on everyday essentials while shopping at your favorite stores.
3. 1% Unlimited Cashback on Everything Else
No matter where or how you shop, you’ll always earn 1% unlimited cashback on all other purchases. From paying bills to purchasing event tickets, every transaction adds to your rewards.
4. $200 Online Cash Rewards Bonus
New cardholders can earn a $200 cash bonus after spending $1,000 in the first 90 days of account opening. This is an easy way to get extra value right from the start!
5. No Annual Fee
Unlike many high-reward cards, the Bank of America Customized Cash Rewards Credit Card has no annual fee, so you can enjoy all the perks without worrying about yearly costs cutting into your cashback.
6. 0% Introductory APR on Purchases and Balance Transfers
Enjoy a 0% intro APR for 15 billing cycles on purchases and balance transfers made within the first 60 days. After that, a variable APR applies. This feature is perfect for those looking to finance a large purchase or consolidate debt.
7. Boosted Rewards for Preferred Rewards Members
If you’re a Bank of America Preferred Rewards member, you can earn 25% to 75% more cashback, taking your rewards potential even higher. This means your 3% cashback could go up to 5.25%!
8. Easy Category Selection Every Month
Need to change where you earn the most cashback? No problem! You can update your 3% category every month through the Bank of America mobile app or website, ensuring your rewards always match your spending.
9. Customizable Balance Transfer Options
With the intro 0% APR for 15 billing cycles, you can transfer higher-interest balances from other credit cards and save on interest while paying down debt more efficiently.
10. Advanced Security Features
Enjoy peace of mind with top-tier security features like $0 liability protection, fraud monitoring, and real-time alerts to keep your account safe from unauthorized transactions.
11. Mobile Wallet Compatibility
Link your card to Apple Pay, Google Pay, and Samsung Pay for fast, secure, and contactless payments anywhere mobile payments are accepted.
12. Seamless Online & Mobile Banking
Manage your account effortlessly through Bank of America’s app and website, where you can track spending, change your rewards category, and make payments with ease.
Who Can Apply?
To be eligible for the Bank of America Customized Cash Rewards Credit Card, you must meet the following criteria:
- Age: Must be at least 18 years old.
- Residency: Must be a U.S. resident.
- Credit History: Good to excellent credit score (typically 670+).
- Income: Must meet minimum income requirements set by Bank of America.
- Banking Relationship: Having a Bank of America account may improve approval chances.
How to Apply
- Visit the Bank of America Website – Go to the credit card application page.
- Check for Pre-Qualification – See if you’re eligible without affecting your credit score.
- Fill Out the Online Application – Provide your personal and financial details.
- Select Your 3% Category – Choose the category that best fits your spending habits.
- Submit Required Documents – Upload proof of identity, income, and address if requested.
- Await Approval – Receive a decision within minutes or a follow-up email for additional verification.
Frequently Asked Questions
What happens if I don’t choose a 3% category?
If you don’t select one, your default category is gas purchases.
Does cashback expire?
No, your cashback never expires as long as your account is open.
Are there foreign transaction fees?
Yes, there is a 3% foreign transaction fee, making this card less ideal for international use.
Can I add an authorized user?
Yes, you can add an authorized user at no extra cost, and their purchases will earn cashback.