The Ultimate Guide to Credit Cards
Tuesday, November 24, 2020

Bank of America® Cash Rewards Credit Card for Students

► 2020 Review, Application & Rates

"The Bank of America® Cash Rewards Credit Card for Students is a solid rewards card that lets students choose their top-earning cash back category each quarter."
- Toby Sembower,
Advertiser Disclosure
Bank of America® Cash Rewards Credit Card for Students Review

at the issuer'ssecure website

BEST OVERALL RATING

★★★★★

4.5

OVERALL RATING

4.5/5.0
  • Earn a $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening
  • Earn 3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement/furnishings and 2% cash back at grocery stores and wholesale clubs on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, then earn 1%
  • Unlimited 1% cash back on all other purchases
  • 0% introductory APR on new purchases and balance transfers for 12 billing cycles (3% balance transfer fee applies)
  • Optional overdraft protection option helps prevent declined purchases, returned checks or other overdrafts when you link your eligible Bank of America® checking account to your credit card. Transfer fees may apply.
  • $0 annual fee
 
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 12 billing cycles
0% for 12 billing cycles
13.99% - 23.99% Variable
$0
None/Limited

Interest Rate

Annual Fee

Credit Needed

Ratings By Category

0% Balance Transfer
(Ranked #11 out of 17)
★★★★★
4.6
0% Intro APR
(Ranked #19 out of 31)
★★★★★
4.6
Best Overall
(Ranked #52 out of 121)
★★★★★
4.5
Cash Back
(Ranked #22 out of 31)
★★★★
4.4
Low APR
(Ranked #11 out of 37)
★★★★★
4.6
No/Limited Credit
(Ranked #12 out of 27)
★★★★★
4.6
Student
(Ranked #2 out of 6)
★★★★★
4.8

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