Interested in gaining cash back each time you shop? Do you value a credit card that has low introductory APR offers? If you do, the Bank of America Cash Rewards Credit Card might be the one for you.
The Bank of America Cash Rewards Credit Card is designed to give you attractive cash back rewards when you spend on eligible purchases. Under this credit card, you are also entitled to get tons of rewards, bonus offers, and even travel benefits, too.
Does this interest you? Read on to find out how you can apply for a Bank of America Cash Rewards Credit Card today.
Benefits and Features of a Bank of America Cash Rewards Credit Card
One of the highlights of the Bank of America Cash Rewards Credit Card is its ability to provide cardholders with cash back for each spend. Users can get 3% cash back in their choice of one of these categories: dining, drug stores, gas, furnishings, home improvement, online shopping, and travel. Meanwhile, you can get 2% cash back at grocery stores and wholesale clubs and 1% cash back on all other purchases.
For the first $2,500 purchases in combined categories, you are entitled to earn 3% and 2% cash back per quarter! Afterwards, you will be given 1% for each succeeding quarter. Even better, you will get a $200 online cash rewards bonus after making a minimum of $1,000 in purchases within 90 days of opening your account.
Since this credit card is all about giving, you’ll be happy to know that preferred clients get a 25% to 75% rewards bonus with every purchase. This means maximum savings each time you spend in these different categories.
Powered by Mastercard, you will get purchase benefits such as Extended Protection or Extended Warranty up to one additional year. You will also get travel benefits such as travel insurance and auto rental collision damage waiver insurance.
Now that you’re familiar with some of the great perks of this credit card, read on to learn about eligibility and how you can apply today.
How to Apply for a Bank of America Cash Rewards Credit Card
To apply for this credit card, you must be at least 18 years of age and must be a resident of the United States. Otherwise, you must at least be 21 years old if you are a permanent resident of Puerto Rico. You must also be able to provide a valid SSN and proof of physical address.
Other documents and information you will provide the Bank of America include your personal information, your address details, and your employment and financial details. After filling out the application form, you will receive a decision in as fast as 60 seconds. You can course your application online through the Bank of America website.
If the application is approved, you will receive a credit limit depending on your creditworthiness.
Bank of America Cash Rewards Credit Card Fees & Charges
Here are some basic fees and charges you can expect with this credit card. You must always pay your card on time so you don’t face recurring fees that could affect your credit score. For more details on fees, visit the Terms and Conditions page for the Cash Rewards card online.
- Annual Fee – $0
- APR – 0% for first 12 billing cycles; 16.24% to 26.24% variable
- Foreign Usage Fee – $12 per transaction
- Balance Transfer Fee – $10 or 3% of each transaction (whichever is greater)
- Cash Advance – $10 or 3% of each transaction (whichever is greater)
- Late Payment Fee – Up to $39
Bank of America Address and Contact Information
Address: Bank of America Corporate Center, 100 North Tryon Street, Charlotte, NC 28255.
You can call the Bank of America customer service line for your credit card inquiries, including lost or stolen cards, at 800.732.9194 or 1.757.677.4701 (international mobile phone roaming charges may apply).
Overall, the Bank of America Cash Rewards Credit Card is a great choice if you are looking to get cash back rewards and other benefits. Visit the Bank of America website apply today to get yours.
Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.