Apply for Bank of America Customized Cash Rewards Credit Card Today
Are you looking for a credit card that aligns with your lifestyle while rewarding your everyday purchases? The Bank of America Customized Cash Rewards Credit Card might be the perfect fit. With its flexible cashback options, you can earn rewards where you spend the most. Imagine receiving 3% cashback on the category of your choice, whether it’s groceries, gas, or even online shopping. Plus, you’ll still benefit from 2% cashback at grocery stores and wholesale clubs.
But that’s not all—the card also offers a generous introductory APR offer and no annual fee, making it an attractive choice for budget-savvy individuals. Whether you’re a frequent traveler or a local shopper, this card is designed to maximize your savings and elevate your financial freedom. Dive deeper into how this card could enhance your purchasing power and discover financial flexibility like never before.
Benefits of the Bank of America Customized Cash Rewards Credit Card
1. Earn Cash Back on Your Every Purchase
One of the standout benefits of the Bank of America Customized Cash Rewards Credit Card is its cash-back feature. You’ll earn 3% cash back in a category of your choice, including gas, online shopping, dining, travel, drug stores, or home improvement and furnishings. Additionally, you’ll receive 2% cash back at grocery stores and wholesale clubs, and 1% cash back on all other purchases. To maximize your cash back, assess your spending habits and choose the category where you spend the most to ensure you reap the highest rewards.
2. No Annual Fee
The Bank of America Customized Cash Rewards Credit Card comes with no annual fee. This means you can take full advantage of all the card’s benefits without worrying about any recurring yearly costs. For budget-savvy users, this is an ideal way to enjoy rewards without a financial commitment.
3. Introductory Offer
New cardholders can benefit from a 0% introductory APR on purchases and balance transfers for the first 15 billing cycles. Afterward, a competitive APR will apply. This feature is particularly beneficial for those looking to make a large purchase or transfer balances from higher-interest credit cards, as it offers them breathing space to manage payments without interest pressure.
4. Bonus for Preferred Rewards Members
If you are a Bank of America Preferred Rewards member, you can earn an extra 25% to 75% rewards bonus on every purchase. This is an excellent opportunity to increase your cash back substantially. Ensure you maintain an eligible balance in your Bank of America banking or Merrill investment accounts to enjoy this perk.
SIGN UP TO GET YOUR BANK OF AMERICA CUSTOMIZED CASH REWARDS CREDIT CARD
| Category | Details |
|---|---|
| Cash Back Rewards | Earn 3% cash back on selected categories, making daily spending rewarding. |
| Flexible Options | Choose your bonus category each month to match your spending habits. |
The Bank of America Customized Cash Rewards Credit Card is crafted for individuals who value flexibility and rewards in their spending. It offers a unique cash back structure that adapts to the user’s preferences. By allowing cardholders to select their preferred bonus category, the card maximizes their rewards on the purchases they make most frequently. Moreover, this card stands out not just for the bonuses, but also for its straightforward cash back system. Users can accumulate rewards effortlessly on everyday purchases, such as groceries or gas. Additionally, with no annual fee, it provides another layer of savings, ensuring that cardholders reap the benefits while managing their finances effectively. These features present a compelling case for anyone considering a credit card that aligns with their lifestyle. The opportunity to earn significant cash back while maintaining control over spending categories makes this card an attractive option in the landscape of credit products.
Requirements for Bank of America Customized Cash Rewards Credit Card
- Credit Score: A good to excellent credit score is often necessary to be eligible for this credit card. Typically, this means having a FICO score of 670 or higher. A solid credit history reflects your ability to manage debt responsibly.
- Proof of Income: You should be able to demonstrate a stable source of income. This can include pay stubs, tax returns, or other documentation that verifies your salary or wages. A reliable income assures that you can meet credit card payments consistently.
- Citizenship and Residency: You must be a U.S. citizen or permanent resident with a valid social security number. This requirement is crucial for your identity verification and credit assessment.
- Age Requirement: Applicants need to be at least 18 years old. For those under 21, proof of independent income or a co-signer may be necessary to comply with credit card laws.
- Banking Relationship: While not always mandatory, existing customers of Bank of America might find it easier to apply due to their established banking history with the institution.
SEE HOW TO GET YOUR BANK OF AMERICA CUSTOMIZED CASH REWARDS CREDIT CARD
How to Apply for the Bank of America Customized Cash Rewards Credit Card
Step 1: Visit the Bank of America Website or a Local Branch
To start your application for the Bank of America Customized Cash Rewards Credit Card, visit the Bank of America’s official website. You can also choose to visit a local Bank of America branch if you prefer in-person assistance. Navigating online may save you time, but visiting a branch provides the benefit of speaking directly with a bank representative who can answer any questions you might have.
Step 2: Gather Your Information
Before starting your application, it’s important to have your personal information and financial details on hand. You will need to provide your Social Security Number, employment details, total annual income, and monthly housing payments. Having this information readily available will make the application process smoother and quicker.
Step 3: Fill Out the Application Form
Once you have all the necessary information, proceed to fill out the online form available on the website. Be sure to enter your details accurately. Take your time with this step to avoid any mistakes that could delay your application. If you’re applying at a branch, ask a bank associate to help you fill out the paper application form.
Step 4: Review Your Application
After filling out the application, review all of your entered information carefully. Ensure that everything is correct and in order. This will help prevent any unnecessary delays due to errors. If you notice any inaccuracies, correct them before submitting the application.
Step 5: Submit and Await Approval
Once you are satisfied that all the information is correct, submit your application. Online submissions generally receive quicker responses. You might receive a decision within minutes, but sometimes additional review is required. If additional documentation is needed, you will be contacted by Bank of America with further instructions.
SIGN UP TO GET YOUR BANK OF AMERICA CUSTOMIZED CASH REWARDS CREDIT CARD
Frequently Asked Questions about the Bank of America Customized Cash Rewards Credit Card
What rewards can I earn with the Bank of America Customized Cash Rewards Credit Card?
With the Bank of America Customized Cash Rewards Credit Card, you have the opportunity to earn 3% cash back in a category of your choice, such as gas, online shopping, dining, travel, drug stores, or home improvement/furnishings. Furthermore, you will earn 2% cash back at grocery stores and wholesale clubs, and 1% cash back on all other purchases. It’s important to note that the 3% and 2% cash back are limited to the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter; after that, you’ll get 1% back.
How do I choose or change my preferred reward category?
To select or change your preferred reward category for the 3% cash back, simply log in to your Bank of America online banking account or use the Bank of America mobile app. You are allowed to change your category once each calendar month, offering you flexibility to tailor your rewards to match your spending habits.
Is there an annual fee for the Bank of America Customized Cash Rewards Credit Card?
No, the Bank of America Customized Cash Rewards Credit Card comes with no annual fee. This means you can enjoy the benefits of earning cash back without the worry of an ongoing cost. Remember to consider how the card fits into your overall budget and financial goals when evaluating its costs and benefits.
How does the 0% introductory APR work on this credit card?
The card offers a 0% introductory APR on purchases and any balance transfers made within the first 60 days of account opening. This introductory rate lasts for 15 billing cycles. After the introductory period, your APR will revert to a standard variable rate, so it’s advisable to pay off your balance before that time ends to avoid interest charges.
What credit score is typically needed to qualify for this credit card?
To qualify for the Bank of America Customized Cash Rewards Credit Card, you will generally need a good to excellent credit score. While the exact credit score required can vary, aiming for a score of 670 or higher will improve your chances of approval. Your overall credit history, income, and other financial factors will also be considered during the application process.
