The Bank of America Customized Cash Rewards® Credit Card offers flexibility and personalized benefits, allowing cardholders to maximize rewards according to their spending habits. With the ability to select your highest-earning cashback category, it provides a tailored experience for everyday purchases.
In addition to its competitive rewards structure, the card delivers extra value through protections like purchase security, extended warranty, and travel assistance. Featuring no annual fee, it stands out as a practical and cost-effective choice for many consumers.
Continue reading to learn more about the issuer, key benefits, fees, credit limits, and how to apply for this versatile credit card.
Meet the Issuer
Bank of America is one of the largest financial institutions in the United States, known for its financial strength, technological innovation, and customer service excellence. The company serves millions of clients worldwide and offers a comprehensive range of products, including credit cards with attractive rewards programs.
With a long-standing reputation for trust and reliability, Bank of America designs its cards to meet diverse customer needs, from travel enthusiasts to those focused on maximizing everyday spending.
Choosing a Bank of America card ensures access to quality products, advanced digital banking tools, and dedicated customer support.
Main Benefits of the Card
Welcome Offer: Earn a $200 cash bonus after spending $1,000 in purchases within the first 90 days of account opening.
3% Cashback: Choose one category—such as gas/EV charging stations, online shopping, dining, travel, drugstores, or home improvement stores—to earn 3% cashback.
2% Cashback: Earn 2% cashback at grocery stores and wholesale clubs, with a combined spending cap of $2,500 per quarter for the 3% and 2% categories.
1% Cashback: Earn unlimited 1% cashback on all other purchases without any restrictions.
Additional Benefits: Access Visa Signature® perks including 24/7 concierge services, travel and emergency assistance, purchase protection, extended warranty coverage, and exclusive offers like BankAmeriDeals® and Museums on Us®.
No Annual Fee: Enjoy all rewards and protections without paying an annual fee.
Bank of America Customized Cash Rewards: Fees and Commissions
The Bank of America Customized Cash Rewards® Credit Card has no annual fee, offering great value for everyday users.
The card provides a 0% introductory APR on purchases and balance transfers for the first 15 billing cycles. After the introductory period, a variable APR between 18.24% and 28.24% applies, based on creditworthiness.
Balance transfers made within 60 days of account opening are subject to a 3% fee; afterward, the fee increases to 4%.
All rates, fees, and terms are subject to change without prior notice. Always refer to the official Bank of America website for the latest information.
Card Limit
The credit limit for the Bank of America Customized Cash Rewards® Card is determined by the applicant’s financial profile, including income, credit history, and existing obligations.
While the bank does not disclose standard starting limits, customer reports indicate initial credit lines often range from a few thousand dollars to over $10,000, depending on eligibility.
Strong credit profiles and consistent account management can lead to higher limits over time.
Positive points
- Flexible Cashback:Ability to customize the 3% cashback category to match your changing spending habits.
- Extra Benefits:Includes travel services, purchase protection, and access to exclusive cashback offers.
- No Annual Fee:Provides a valuable rewards program without a yearly cost.
Negative points
- Quarterly Cap on Cashback:The 3% and 2% cashback rates apply only to the first $2,500 spent in combined eligible categories each quarter.
- Foreign Transaction Fees:A 3% fee is charged on purchases made outside the United States.
- Higher Credit Standards:Approval typically requires a strong credit profile and stable financial history.
How to Apply for Bank of America Customized Cash Rewards Credit Card
- Visit the official Bank of America website.
- Navigate to the “Credit Cards” section and select the Customized Cash Rewards® Card.
- Click “Apply Now” to begin the application.
- Fill out the online form with accurate personal and financial details.
- Review your information carefully before submitting.
- Submit your application and await a decision, typically delivered within minutes.
How to Contact Bank of America Customized Cash Rewards
For assistance regarding the Bank of America Customized Cash Rewards® Card, use the following contact channels:
- Phone: 1-800-732-9194 (available 24/7)
- Secure Messaging: Available through online banking
- Live Chat: Accessible via the Bank of America mobile app or website
- Branch Visit: In-person support available at any Bank of America branch nationwide
The Bank of America Customized Cash Rewards® Credit Card is a strong option for individuals seeking flexibility, personalized cashback opportunities, and valuable perks without paying an annual fee. Its adaptable rewards structure, combined with additional benefits like travel assistance and purchase protections, makes it a competitive choice for everyday spending.
Consider applying today and start earning cashback on your terms.