The Ultimate Guide to Credit Cards
Sunday, January 29, 2023

Bank of America® Customized Cash Rewards credit card

► 2023 Review, Application & Rates

"This card lets you choose which purchase category earns you the top cash back rewards rate, making it a highly customizable rewards card. The only drawback is the rewards earning cap, but it makes up for it with introductory APR promotions."
- Toby Sembower,
Advertiser Disclosure
Bank of America® Customized Cash Rewards credit card Review

at Bank Of America'ssecure website

BEST OVERALL RATING

★★★★★

4.8

OVERALL RATING

  • $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
  • Earn 3% cash back in the category of your choice, automatic 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases.
  • If you're a Preferred Rewards member, you can earn 25%-75% more cash back on every purchase. That means you could earn 3.75%-5.25% cash back on purchases in your choice category.
  • No annual fee and no expiration on rewards.
  • New longer intro period! 0% Introductory APR for 18 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends, 18.24% - 28.24% Variable APR will apply. A 3% fee (min $10) applies to all balance transfers.
  • Contactless Cards - The security of a chip card, with the convenience of a tap.
  • This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR for 18 billing cycles for purchases
0% Intro APR for 18 billing cycles for any balance transfers made in the first 60 days
18.24% - 28.24% Variable APR on purchases and balance transfers
$0
Excellent/Good

Interest Rate

Annual Fee

Credit Needed

Our Ratings By Category

0% Balance Transfer
(Ranked #8 out of 20)
★★★★★
4.8
0% Intro APR
(Ranked #3 out of 30)
★★★★★
4.8
Best Overall
(Ranked #7 out of 152)
★★★★★
4.8
Cash Back
(Ranked #3 out of 50)
★★★★★
4.8
Excellent Credit
(Ranked #11 out of 66)
★★★★★
4.8
Low APR
(Ranked #39 out of 40)
0

Advertiser Disclosure

CardRates.com is a free online resource that offers valuable content and comparison services to users. To keep this resource 100% free, we receive compensation for referrals for many of the offers listed on the site. Along with key review factors, this compensation may impact how and where products appear across CardRates.com (including, for example, the order in which they appear). CardRates.com does not include the entire universe of available offers. Editorial opinions expressed on the site are strictly our own and are not provided, endorsed, or approved by advertisers.