Bank of America Cash Rewards™ Credit Card for Students

The Bank of America Cash Rewards™ Credit Card for Students is regarded among many financial experts as one of the best credit cards for students.

It has solid cash-back earning potential, especially for purchases like gas and groceries (a potential boon for students living away from home).

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  • Rewards
    • Earn 3% cash back for every $1 spent on gas
    • Earn 2% cash back for every $1 spent on groceries
    • Earn 1% cash back for every $1 spent on all purchases
    • Grocery and gas rewards only up to $1500 per quarter, then it’s 1% cash back instead of 3% til the next quarter
    • Bank of America members get an extra 10% on points on every purchase
    • There is no limit to the amount of points you can earn
    • Points never expire
  • Signup Bonus $100 cash back rewards when you spend $500 in the first 3 months
  • Chip Technology Chip-and-Signature
  • Foreign Transaction Fee 3%
  • Intro Balance Transfer APR 0% for 12 months
  • Regular Balance Transfer APR 12.99%-22.99% (Variable)
  • Cash Advance APR 15.99%-24.99% (Variable)
  • Penalty APR Up to $29.99 (Variable)
  • Late Fee Up to $38
  • Returned Payment Fee Up to $27

Card Benefits

Check your card's Guide to Benefits to learn the specific benefits your card offers and how to access them. Learn more about credit card benefits here.

Account Management

  • 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.
  • 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.

Visa Benefits

  • This card comes with Visa benefits. You will be provided with a list of benefits available to you once you get approved for your card.

Visitor Reviews

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