Bank of America® Cash Rewards Credit Card

The Bank of America Cash Rewards Credit Card is a cash rewards credit card for anyone who buys a lot of gas and groceries. This card is highly recommended due to its strong and straightforward cash back earning potential, low introductory APR, and lack of annual fee.

See how it stacks up to other good reward cards in our comparisons:

Card Quick Facts

Card Quick Facts

  • No annual fee
  • $150 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
  • New Offer: Maximize your cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement /furnishings
  • Now earn 3% cash back in your choice category and 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
  • You can update your choice category for future purchases once each calendar month using the Mobile banking app or Online banking, or do nothing and it stays the same.
  • No expiration on rewards
  • 0% Introductory APR for 12 billing cycles for purchases and for any balance transfers made in the first 60 days, then, 16.24% – 26.24% Variable APR. 3% fee (min $10) applies to balance transfers
  • If you’re a Preferred Rewards client, you can get a 25% – 75% rewards bonus on every purchase

Manage My Card

Want to pay a bill or check your balance?

Card Details



  • 3% cash back in one category of your choice:
    • Gas
    • Online shopping
    • Dining
    • Travel
    • Drugstores
    • Home improvement/furnishings stores
  • 2% cash back at:
    • Grocery stores
    • Wholesale clubs
  • 1% cash back on all other purchases
  • 3% and 2% rewards only up to $2,500 per quarter, then 1% cash back
  • Eligible Bank of America members can get a 10–75% bonus on rewards
How to Redeem

Introductory Bonus

  • $150 cash rewards bonus for spending $500 in the first 90 days
Card Stats

Card Stats

Annual Fee $0
Additional Cards Annual Fee -
Regular Purchase APR 16.24%–26.24% Variable
Intro Purchase APR 0% for 12 months
Foreign Transaction Fee 3%
Chip Technology Chip-and-Signature
Minimum Credit Limit -
Maximum Credit Limit -
Free Credit Score Yes
Penalty APR Up to 29.99% Variable
Late Fee Up to $38
Returned Payment Fee Up to $27
Balance Transfers

Balance Transfers

Intro Balance Transfer APR 0% for 12 months
Regular Balance Transfer APR 16.24%–26.24% Variable
Balance Transfer Fee 3%, $10 minimum
Cash Advances

Cash Advances

Cash Advance APR 19.24%–27.24% Variable
Cash Advance Fee 3%, $10 minimum

Card Benefits

Check your card’s Guide to Benefits to learn the specific benefits your card offers and how to access them.

  • Mastercard Benefits

    This card comes with either standard Mastercard or World Mastercard benefits. Check your Guide to Benefits to learn more.

  • Account Alerts

    Get alerts about account information on your phone.

  • Mobile Banking

    Pay your credit card bill online, transfer funds, check available credit and more.

  • Free FICO® Credit Score

    Get free access to your FICO® Score from TransUnion, updated monthly.

  • Text Banking

    Send a text and get important account information.

  • Fraud Protection

    You will not be held responsible for unauthorized use of your card.

  • Overdraft Protection

    Link a Bank of America account to your card and prevent declined purchases and return checks if you take out too much money from your account.

  • ShopSafe®

    Protection when you are shopping online.

Visitor Reviews

Read about experiences others have had with this card and leave your own review here.

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Average rating:  
 3 reviews
by Rick
Good Luck Getting Your Bonus Cash

I have had the BOA cash rewards card for about 5 months now. It was supposed to give me $200 in bonus points after spending $500 on the card in the first 90 days. Despite spending that amount in the first 2 weeks, and despite several phone calls inquiring about the bonus, I still haven't received it.The bank also makes it a hassle to pay your bill if you don't have a BOA checking account. I just send them a check from one of my other banks every payday to pay off the card, but it would be much easier if they would accept online payments like every other financial institution does these days.The card does offer decent cash-back on groceries and gas, but you have to wait 1-2 billing cycles to be able to get the funds.I do not recommend this bank at all.

by Fishdr.od
Poor crediting for

I have both the B of A. cash rewards and the Premium rewards credit cards. Their letters and brochures they sent me to get my business tout "100$ credit for TSA pre-check or Global entry fees"; also an annual $1`00 airline incidental fee credit". The TSA pre-check credit is Supposed to be posted and credited back to your account in 7 days. I purchased this for my wife and I almost 3 weeks ago, result: No credit yet. Further I have called their customer service reps 3x now, all but one of the reps were Clueless about the credits! The last rep sent in a "special form" to have it investigated, have to wait another 7- 10 daysAlso, read the fine print for the "qualifying" airline incidental fees: only Certain airlines and Domestic flights only; upon questioning the reps, they said each airline has certain "codes" and only qualifying would receive credit; unfortunately you have no way of knowing what these are.....Disappointing to say the least....

by cindy robinson

30yr acct holder at BofA. Excellent credit etc. Scheduled my Visa payment online in full as I have for years. BofA credited it 3xs draining my checking acct. 1 week later and hours on with customer service, managers, tech support... no resolution! Big credit sitting on my Visa. That was to be credited back and a manager call me today... nothing of course! I'd like my $7k back! I have bills to pay! Oh wait. They finally credited 2 payments back... and took them both out of my checking the next day!!! Keep telling me I've scheduled the 5 payments! Right, I'm an idiot. Their website had been down for days so I'm assuming that caused it? Customer service is ridiculously incompetent.

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