Bank Of America Unlimited Cash Rewards Credit Card

Bank Of America Unlimited Cash Rewards Credit Card – Jennifer is a contributing writer at PointsGuy, where she focuses on family travel. He is the founder of Matters We Love, where he helps his readers navigate contracts.

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Bank Of America Unlimited Cash Rewards Credit Card

The Bank of America ® Unlimited Cash Rewards Credit Card offers a simple rewards program where you earn 1.5% cash back on all purchases with no annual fee. The card — and the cash — is extremely useful for anyone who has a banking or investment relationship with Bank of America. Card Rating *: ⭐⭐⭐½

Business Line Of Credit

*Card ratings are based on the opinions of TPG editors and are not influenced by card issuers.

The Bank of America Unlimited Cash Rewards Credit Card is the perfect solution for those who want flexibility in their credit card rewards, as you get a fixed amount of cash back on all purchases you make. And for current Bank of America Preferred Rewards members, you’ll get an additional 75% off the same purchase. There is also no limit to the amount of cash you can earn and cash rewards never expire.

Not to mention the Bank of America Unlimited Cash Rewards category bonus, perfect for those who want a cash back credit card with no annual fee.

Since the card offers unlimited 1.5% cashback on all purchases, you can have one card in your wallet to cover all purchases without worrying about which credit card is used for specific purchases and category bonus caps.

Best Bank Of America Credit Cards Of 2023

This is a beginner’s credit card, not only because of the simplicity of points earned but also the nature of redeeming your points. Points can also be redeemed as a deposit to your US Bank checking or savings account, as a credit statement to your credit card, and as a credit to an eligible Merrill® account, including 529 accounts. If you don’t travel often, it can be tempting to have a lot of money in your pocket right now, wait for the “right” redemption, and worry about the value of points.

Current Bank of America customers, especially select members, will appreciate receiving even greater rewards — between 25% and 75% cash back — up to 2.62% — on every purchase.

With the Bank of America Unlimited Cash Rewards Card, you’ll earn a $200 online cash rewards bonus after making at least $1,000 in purchases within the first 90 days of opening your account. Although there are better bonus offers, it is similar to other offers for credit cards with no annual fee.

The fact that you get money back in your pocket allows you to use that money to buy whatever you want – even if it’s not for travel purposes. And with a minimum spend requirement, earning bonus cash rewards isn’t difficult for most people.

Bank Of America Cards: Awesome With Platinum Honors Status

Like many other annual fee credit cards, the Bank of America ® Unlimited Cash Rewards Credit Card benefits are limited, especially when traveling.

You won’t find automatic hotel status, airport lounge access, or free international check-in or TSA PreCheck. Instead, you’ll get a solid rewards structure and other U.S. benefits like curbside shipping and extended warranties. Get a card with bank benefits.

The Bank of America Unlimited Cash Rewards Credit Card offers strong cash back opportunities – especially for those who qualify for the Bank of America Choice Rewards program.

Cardmembers get 1.5% cashback on all purchases irrespective of category. There is also no limit to the amount of cash you can get, making this card ideal for everyday purchases.

Bank Of America Launches Luxury Credit Card, Expands Preferred Rewards Program

Those who qualify for US Bank’s Choice Rewards program continue to earn even more cash back. To qualify, you must have a US Bank personal checking account with a three-month average combined balance of $20,000 or more in your Bank of America account and/or Merrill investment account. The extra cash you get depends on which tier you fall into based on your quarterly average account balance.

So if you become a member of the Platinum Honors program, it will earn you 2,625% cashback – a much bigger amount than any other card you can earn on non-category bonus everyday purchases.

And if you combine this card with another Bank of America credit card, like the Bank of America ® Adjusted Cash Rewards Credit Card , you can earn even more on special purchases throughout the year.