|Card Details and Application Link|
Bank of America Customized Cash Rewards
$200 after $1000 spend in 90 days
Click Here to Apply (this is NOT an affiliate link)
No Annual Fee
Recent better offer: $200 back after $500 spend in 90 days [Expired 1/19]
Card Type: Visa Signature
Earning rate: 3% back on your choice of the following: gas, online shopping, dining, travel, drugstores, home improvement & furnishings (can choose a new category monthly). ⚬ 2% back at grocery stores & wholesale clubs ⚬ 1% back everywhere else. 2% and 3% rewards are capped at $2500 in combined purchases per quarter
Noteworthy perks: Up to 75% bonus for Preferred Rewards banking customers
The no-fee BankAmericard Cash Rewards Card offers 2% cash back at grocery stores and wholesale clubs and 3% cash back on gas up to the first $2,500 in combined grocery/wholesale club/gas purchases each quarter; and 1% cash back everywhere else.
On its own, this is a fairly poor cash back card considering that you can get a no fee 2% cash back card instead from Citibank or Fidelity. But, you can get up to a 75% bonus through your banking relationship with Bank of America and/or Merrill Edge. This makes it possible to earn up to: 3.5% at grocery stores and 5.25% on gas up to the first $2,500 in combined purchases each quarter; and 1.75% cash back everywhere else. If you have a very large banking relationship with Bank of America, this card is a great option for a limited amount of grocery, wholesale club, and gas spend.
Overall, this card offers a nice and easy signup bonus, but for long term use it is a good choice only for those with very large Bank of America / Merrill Edge banking relationships.
Bank of America Application Tips Click here to check your application status
Bank of America Application Tips
Click here to check your application status
Bank of America Cash Rewards
This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CardRatings.com. This site does not include all financial companies or all available financial offers. For additional details, see our Advertiser Disclosure.