The Ultimate Guide to Credit Cards
Saturday, January 16, 2021

Bank of America® Cash Rewards Credit Card

► 2021 Review, Application & Rates

"With a solid cash-back program, this card appeals to those who intend to use it often for everyday purchases. However, the card's ongoing APR is higher than we'd expect for a prime credit card."
- Toby Sembower,
Advertiser Disclosure
Bank of America® Cash Rewards Credit Card Review

at Bank Of America'ssecure website

BEST OVERALL RATING

★★★★★

4.7

OVERALL RATING

4.7/5.0
  • Enjoy a $200 cash rewards bonus after spending at least $1,000 in purchases in the first 90 days of 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
  • Introductory 0% APR for your first 12 billing cycles for purchases and balance transfers made within 60 days of account opening (balance transfer fee applies)
  • $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
Good/Excellent

Interest Rate

Annual Fee

Credit Needed

Ratings By Category

0% Balance Transfer
(Ranked #6 out of 19)
★★★★★
4.7
0% Intro APR
(Ranked #9 out of 32)
★★★★★
4.7
Best Overall
(Ranked #19 out of 128)
★★★★★
4.7
Cash Back
(Ranked #5 out of 32)
★★★★★
4.8
Excellent Credit
(Ranked #19 out of 56)
★★★★★
4.7
Gas Rebate
(Ranked #9 out of 25)
★★★★★
4.8
Good Credit
(Ranked #13 out of 57)
★★★★★
4.7
Low APR
(Ranked #18 out of 39)
★★★★
4.4

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