bank of america cash rewards or travel rewards

Preferred Rewards bonus. · Boosted cash back percentages with Preferred Rewards. · Comparison against other BofA credit cards. · Bottom line. As a new cardholder, you will earn a $ cash bonus online cash rewards bonus after you make at least $1, in purchases in the first 90 days of account. This student credit card lets you earn $ cash rewards after spending $ within 90 days of account opening.

: Bank of america cash rewards or travel rewards

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Bank of america cash rewards or travel rewards
Bank of america cash rewards or travel rewards
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Bank of america cash rewards or travel rewards -

You can get more out of your everyday purchases with the right cash-back credit card. Some cash-back credit cards offer flat-rate perks, like 1% to 2% cash back on all purchases, while others reward you at higher rates, between 2% and 6%, when you spend money on groceries, at gas stations or even with certain retailers. And, cash-back credit cards can help you earn a little extra back every time you purchase a holiday gift.

When you earn cash back, your rewards usually show up as a statement credit that can be used to pay your bill or be deposited into your bank account. Every time you use your credit card on eligible purchases, you'll earn real dollars and cents back. It's that simple. Check out our picks of the best cash-back credit cards below. We update this list continuously to make sure you stay informed of the best opportunities available. 

Intro Bonus$ online cash rewards bonus after you make at least $1, in purchases in the first 90 days of account opening

APR% - % Variable APR on purchases and balance transfers

Recommended Credit Excellent/Good

Reward Rates
  • Earn 3% cash back in the category of your choice (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases)
  • Earn automatic 2% at grocery stores and wholesale clubs (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases)
  • Earn unlimited 1% on all other purchases.

Annual Fee$0

Intro Purchase APR0% Intro APR for 15 billing cycles for purchases

Intro Balance Transfer APR0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A 3% fee (min. $10) applies.

Balance Transfer Fee Either $10 or 3% of the amount of each transaction, whichever is greater.

Balance Transfer APR% - % Variable APR on purchases and balance transfers

Late Payment Fee Up to $40

Foreign Transaction Fees 3%

Penalty APR up to % APR

  • Earn 3% cash back in the category of your choice (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases)
  • Earn automatic 2% at grocery stores and wholesale clubs (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases)
  • Earn unlimited 1% on all other purchases.

Our Take

Most cards that offer category selection for maximized cash rewards limit these selections to a single quarter. But the Bank of America Customized Cash Rewards credit card* allows you to select "online shopping" as an indefinite rewards category where you can earn 3% cash back rewards. Note that you must manually choose this category via online banking or the mobile banking app, as the default category is "gas." 

You can also earn 2% cash back at grocery stores and wholesale clubs (earn 3% and 2% cash back on up to $2, in combined choice category/grocery store/wholesale club purchases each quarter, then 1%), and 1% cash back on all other purchases. The welcome bonus doesn't hurt, either.

Intro Bonus$ Bonus after you spend $ on purchases in your first 3 months from account opening.

APR% - % Variable

Recommended Credit Excellent/Good

Reward Rates
  • 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12, spent in the first year.
  • 5% on travel purchased through Chase Ultimate Rewards®.
  • 3% cash back on dining at restaurants, including takeout and eligible delivery services and on drugstore purchases.
  • Unlimited % cash back on all other purchases.

Annual Fee$0

Intro Purchase APR0% Intro APR on Purchases for 15 months

Intro Balance Transfer APR0% Intro APR on Balance Transfers for 15 months

Balance Transfer Fee Either $5 or 5% of the amount of each transfer, whichever is greater.

Balance Transfer APR% - % Variable

Foreign Transaction Fees 3% of each transaction in U.S. dollars

Penalty APR Up to %

  • 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12, spent in the first year.
  • 5% on travel purchased through Chase Ultimate Rewards®.
  • 3% cash back on dining at restaurants, including takeout and eligible delivery services and on drugstore purchases.
  • Unlimited % cash back on all other purchases.

Our Take

While there are a few contenders for the best grocery credit card, the Chase Freedom Unlimited offers a grocery deal that's hard to beat. Not only does it offer one of the highest cash-back rates for grocery store purchases at 5% (not including Target or Walmart purchases), but it has one of the highest spending caps for this category as well, at $12, on these purchases for the first year. So you can earn up to $ cash back in the first year, just on groceries -- that's without mentioning the other cash back rewards categories this card offers.

Intro BonusEarn a $ statement credit after you spend $3, in purchases on your new Card within the first 6 months.

APR%% Variable

Recommended Credit Excellent,Good

Reward Rates
  • 6% Cash Back at U.S. supermarkets on up to $6, per year in purchases (then 1%)
  • 6% Cash Back on select U.S. streaming subscriptions
  • 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more
  • 3% Cash Back at U.S. gas stations
  • 1% Cash Back on other purchases

Annual Fee$0 introductory annual fee for the first year, then $

Intro Purchase APR0% on purchases for 12 months

Balance Transfer Fee N/A

Late Payment Fee Up to $40

Foreign Transaction Fees % of each transaction after conversion to US dollars.

Penalty APR % Variable

  • 6% Cash Back at U.S. supermarkets on up to $6, per year in purchases (then 1%)
  • 6% Cash Back on select U.S. streaming subscriptions
  • 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more
  • 3% Cash Back at U.S. gas stations
  • 1% Cash Back on other purchases

Our Take

Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit knensi.us to learn more.

While there are a lot of other quality gas cards available, the Blue Cash Preferred Card from American Express boasts simplicity with straightforward cash-back rewards and no annual fee for the first year ($95 annually after that). With 3% cash back at US gas stations, it gets one of the highest returns on the market for gas purchases. 

Even for city dwellers and commuters, this card offers great transportation benefits with 3% cash back on transit (trains, buses, parking, rideshare services, taxis, tolls and more). There are plenty more cash-back categories to enjoy with this card, as well. Cash back is received in the form of Rewards Dollars that can be redeemed for a statement credit.

Intro Bonus$ after you spend $ on purchases within 3 months from account opening

APR% - % (Variable)

Recommended Credit Excellent, Good

Reward Rates
  • Earn unlimited 4% cash back on dining, entertainment and popular streaming services
  • Earn 3% at grocery stores
  • Earn 1% on all other purchases

Annual Fee$95

Intro Purchase APRN/A

Intro Balance Transfer APRN/A

Balance Transfer Fee None for balances transferred at the Transfer APR.

Balance Transfer APR% - % (Variable)

Late Payment Fee Up to $40

Foreign Transaction Fees None

Penalty APR None

  • Earn unlimited 4% cash back on dining, entertainment and popular streaming services
  • Earn 3% at grocery stores
  • Earn 1% on all other purchases

Our Take

With the Capital One Savor Cash Rewards Credit Card*, you can earn an unlimited 4% cash back on dining and takeout. The $ welcome bonus (when you spend at least $3, within the first 3 months of account opening) can essentially cover your annual fee ($95) for the first three years.

You can even earn more cash-back rewards when you make purchases on entertainment (4%), popular streaming services (4%) and grocery stores (3%). For everything else, a 1% cash-back rate covers you. If you want to avoid the annual fee, or don't have a very large dining and entertainment budget, you may also want to consider this card's sibling, the Capital One SavorOne Cash Rewards Credit Card*, or some of our other best picks for restaurant credit cards.

Intro BonusNew! Earn a $ cash rewards bonus after spending $1, in purchases in the first 3 months

APR%% (Variable)

Recommended Credit Excellent, Good

Reward Rates
  • Earn unlimited 2% cash rewards on purchases

Annual Fee$0

Intro Purchase APR0% intro APR for 15 months from account opening

Intro Balance Transfer APR0% intro APR for 15 months from account opening on qualifying balance transfers

Balance Transfer Fee up to 5%; min: $5

Balance Transfer APR%% (Variable)

Foreign Transaction Fees 3%

Penalty APR None

  • Earn unlimited 2% cash rewards on purchases

Our Take

It doesn't get simpler than the Wells Fargo Active Cash Card*. This card boasts a 2% flat cash rewards rate on purchases -- the highest flat cash-back rate on the market. You don't have to worry which card you're going to use for which purchase. And while there are other cash-back credit cards that'll net you 2%, the sign-on bonus, $0 annual fee and introductory APR make this card stand out among the competition. This is also a great option for an emergency credit card.

FAQs

How do cash-back credit cards work?

Cash-back credit cards offer cardholders rewards on their spending in the form of statement credits or cash. A statement credit is a reduction in the amount due to the credit card company on your monthly bill. Note that rewards are not always available the month you earn them -- they are usually applied to your balance by credit card issuers after one or two billing cycles.

The redemption process for cash-back credit cards is either automatic or very simple. Some cards automatically apply cash rewards to your statement balance each month. Others require you to log in and redeem available rewards points for statement credits. Most points don't expire, but you will lose them if you close the account before redeeming them. 

What types of cash-back credit cards are there?

Cash-back credit cards generally fall into four primary categories: flat-rate, tiered, rotating or choose your own. 

Flat-rate cards offer the same rate for every purchase. Tiered cards offer a different rewards rate for different categories of spending. Rotating category cards offer different rewards each quarter, determined by the card issuer. Choose-your-own category cards allow you to choose your rewards category.

How do you choose a cash-back credit card?

To choose the best cash-back credit card for you, the most important thing is to have a clear idea of how you're already spending money each month. Once you identify the categories where you have the highest, most consistent spending, use the charts in our list to determine which card will net you the highest return. Consider other features of the cards, too, such as APR, sign-on bonuses and foreign transaction fees -- make sure you get something that fits with your lifestyle and spending habits.

Your credit card choice may also be affected by your credit score. Most of the cards we recommend require a good or excellent credit score, which is typically around or higher. If you don't meet the credit criteria required, there are credit cards available that are specifically for those trying to rebuild credit, like secured credit cards. Alternatively, you can look into the best credit cards for no credit and the best credit cards for bad credit.

How we picked the best cash-back credit cards

We prioritized the cash-back credit cards that reward broad spending categories where Americans tend to spend significant amounts of money, instead of narrow categories like streaming services or "home improvement." Then we compared reward offerings with potential returns based on typical spending budgets derived from Bureau of Labor Statistics data. 

In the end, we chose five high-value options from the crowded market. Some are no-annual-fee, flat-rate credit cards that earn the same amount on all purchases. Some require you make a certain qualifying purchase to start earning cash-back rewards. Some credit cards offer a sign-up bonus reward as well as cash back. Some are limited to specific spending categories (such as whether it's a grocery purchase, gas purchase, dining, transit or travel) but have a higher rewards rate, while others charge an annual fee. We then outlined important information for each card, including whether it has a transfer fee, bonus redemption thresholds or introductory APR. We also specified general credit requirements for eligibility (if you find you aren't eligible for a card that offers cash-back rewards, try a student credit card first). 

For rates and fees of the Blue Cash Preferred Card from American Express, click here.

*All information about the Bank of America Customized Cash Rewards credit card, Wells Fargo Active Cash Card, Capital One Savor Cash Rewards Credit Card and the Capital One SavorOne Cash Rewards Credit Card has been collected independently by CNET and has not been reviewed by the issuer.

A direct deposit of news and advice to help you make the smartest decisions with your money.

The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or services offered by our partners.

The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or services offered by our partners.

Источник: knensi.us

Bank of America Customized Cash Rewards Credit Card Review

Earning Rewards

With 3% cash back in the eligible category of your choice, 2% at grocery stores and wholesale clubs (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases, earning rewards with the Bank of America Customized Cash Rewards credit card provides decent earning options, but is capped beyond the, “everything else.”

The 3% cash-back category options are fairly broad. The selectable categories include gas, online shopping, dining, travel and drug stores, or both home improvement and furnishings. Your choice can be changed from month-to-month online or via mobile app and defaults to gas.

Bank of America Preferred Rewards members can earn 25% to 75% bonus points on all purchases. Note that you’ll need $20, in combined assets for a 25% bump, $50, for a 50% bump and $, for a 75% bump.

An additional reward to weigh is the cash rewards welcome bonus which allows new cardholders to earn $ online cash rewards bonus after you make at least $1, in purchases in the first 90 days of account opening.

Redeeming Rewards

Redeeming rewards with the Bank of America Customized Cash Rewards credit card is straightforward and easy. You can select how you’d like to receive your rewards:

  • As a statement credit of any amount
  • As a direct deposit into an eligible Bank of America account
  • As a credit to an eligible account with Merrill of any amount
  • As a check, with minimum redemption of $25
  • As a contribution to a account with Merrill, with minimum redemption of $25

You may also set up automatic redemptions to either a Bank of America or Merrill account, given that those redemptions are worth at least $ No other redemption methods qualify for automation.

If you forget to redeem your rewards, no problem: They don’t expire as long as your account is open.

Rewards Potential

To determine the rewards potential of the Bank of America Customized Cash Rewards credit card we have to look at the bonus categories and calculate what an American household might spend in those areas. Forbes Advisor uses data from various government agencies in order to determine both baseline income and spending averages across various categories. The 70th percentile of wage-earning households bring in $, annually and we base spending on that number.

The Bank of America Customized Cash Rewards credit card has the following bonus categories:

  • Earn 3% cash back on a chosen category (we chose restaurants)
  • Earn 2% cash back on grocery stores
  • Earn 1% cash back on all other purchases

Forbes Advisor estimates that our example household spends $4, on dining, which results in $ cash back annually. The $5, on grocery stores this household spends would translate to $ cash back, and the remaining $16, that could reasonably be charged to a credit card would earn $ cash back. This means that the card would earn a total of $ in cash back per year in addition to the welcome bonus earned in the first year.

Источник: knensi.us

BofA Unlimited Cash Rewards Card, $ Bonus and Up to % Cash Back on All Purchases

This post may contain affiliate links; please read our advertiser disclosure for more information.

Bank of America Unlimited Cash Rewards Card

Bank of America is offering some current credit cardmembers the chance to product change to a new card and earn a $ bonus. This is a new product called the Bank of America Unlimited Cash Rewards. The card is not very exciting in the long term, with % cash back on all purchases. But a $ bonus and up to 75% boost for Preferred Rewards members sure make it more appealing.

Update: The Bank of America Unlimited Cash Rewards card is now publicly available for all for new applications. It has the same $ bonus that was first sent out as a product change offer. Direct link to application.

The Offer

As a valued customer, we’re giving you early access to be among the first to switch to the NEW Bank of America® Unlimited Cash Rewards Visa Signature® credit card and start earning unlimited % cash back on all purchases. There’s no application or credit check required to accept this offer—it’s that easy.

  • Get a $ cash rewards bonus after you spend at least $1, on purchases within the first 90 days of receiving your new card.
  • Plus save with 0% APR on new purchases for 15 months. Variable APR applies after that.

Here’s what you need to know:

  •  There’s no cost to switch and no application required. There will be no impact to your credit score.
  • Your account balance and history will automatically transfer.
  • Your account number won’t change. If your new card has a different expiration date, be sure to update your account information anywhere your card details are saved.
  • You’ll continue to enjoy no annual fee or foreign transaction fees.
  • Your existing points will automatically convert into cash rewards,† and going forward all rewards will be redeemed for cash back.

Bank of America Unlimited Cash Rewards Card Details

  • Earn unlimited % cash back on all purchases
  • No foreign transaction fees
  • No annual fee.

Conclusion

The offer was sent out by email to current Bank of America cardholders, such as Travel Rewards Visa and maybe other cards as well.

The new Bank of America Unlimited Cash Rewards Visa Signature credit card doesn&#;t look like it&#;s available for applications yet. And most likely not many people will rush to apply anyway, unless they can take advantage of Preferred Rewards Platinum Honors multiplier that results in % cash back.

But if you receive this offer to product change for a $ bonus, then it&#;s easy money. You can then decide if it&#;s worth using long term.

Let us know if you received this offer, and for which card.

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers. 

Featured:Capital One Venture X - K

Capital One Venture X is an exciting new premium card. It earns Venture Mileswith transfer partners and 2X everywhere. Right now, earn a welcome offer of , Miles after $10K spend in first 6 months + $ vacation rental credit (Airbnb or VRBO). $ annual fee.

Additional Card Benefits:

  • Priority Pass, Access to Capital One lounges, premium protections & Hertz President's Circle status
  • $ credit annually for bookings made on Capital One Travel + 10K bonus on account anniversary
  • 10X on hotels and rental cars and 5X on flights booked through Capital One Travel

Learn more about this card and its features!


Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

Источник: knensi.us
  • 3% Earn 3% cash back in the category of your choice (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases).
  • 2% Earn automatic 2% at grocery stores and wholesale clubs (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases).
  • 1% Earn unlimited 1% on all other purchases.

$

$ online cash rewards bonus after you make at least $1, in purchases in the first 90 days of account opening

up to % APR

See Terms

% - % Variable APR on purchases and balance transfers

0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A 3% fee (min. $10) applies.

% - % Variable APR on purchases and balance transfers

0% Intro APR for 15 billing cycles for purchases

Excellent/Good

  • $ online cash rewards bonus after you make at least $1, in purchases in the first 90 days of account opening
  • Earn 3% cash back in the category of your choice, automatic 2% at grocery stores and wholesale clubs (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases
  • 3% Earn 3% cash back in the category of your choice (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases).
  • 2% Earn automatic 2% at grocery stores and wholesale clubs (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases).
  • 1% Earn unlimited 1% on all other purchases.

$

$ online cash rewards bonus after you make at least $1, in purchases in the first 90 days of account opening

up to % APR

See Terms

% - % Variable APR on purchases and balance transfers

0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A 3% fee (min. $10) applies.

% - % Variable APR on purchases and balance transfers

0% Intro APR for 15 billing cycles for purchases

Excellent/Good

  • $ online cash rewards bonus after you make at least $1, in purchases in the first 90 days of account opening
  • Earn 3% cash back in the category of your choice, automatic 2% at grocery stores and wholesale clubs (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases
  • If you're a Preferred Rewards member, you can earn 25% - 75% more cash back on every purchase. That means you could earn up to % cash back on purchases in your choice category.
  • No annual fee and no expiration on rewards
  • 0% Introductory APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends, % - % Variable APR will apply. A 3% fee (min $10) applies to all balance transfers.
  • Contactless Cards - The security of a chip card, with the convenience of a tap
  • This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

The Bank of America Customized Cash Rewards card empowers the cardholder to choose their bonus category each quarter (to earn 3% cash back on up to $2, in combined purchases per quarter).

Bank of America Cash Rewards credit card review

  • Flexible earning structure (3% cash back in the category of your choice and 2% at grocery stores and wholesale clubs); up to $2, in combined purchases per quarter (then 1%)
  • No annual fee or expiration on rewards
  • $ online cash rewards bonus after you make at least $1, in purchases in the first 90 days of account opening
  • Maximum $2, in combined choice category/grocery store/wholesale club purchases each quarter, then 1%
  • 3% foreign transaction fee

The best candidate for this cash-back card would be someone who already owns a checking or savings account with Bank of America and want to apply for their first no-annual-fee cash-back credit card. That’s because the rewards add up even more if you’re eligible for the Bank of America Preferred Rewards program. You’ll qualify for the lowest level (Gold) if you have $20, to $49, in your Bank of America deposit accounts, which will get you a 25% points bonus on all your purchases. The highest tier in this program offers a whopping 75% more points than the current rates, meaning this card will provide tremendous value on your everyday purchases for Bank of America fans.

With a 3%/2%/1% rewards scheme, you get to pick where you spend the most each quarter from gas, online shopping, dining, travel, drug stores or home improvements and furnishing. Regardless of which category you pick, you can earn 3% cash back and furthermore, this credit card is a fantastic everyday card, thanks to its 2% rewards rate at grocery stores and wholesale clubs (3% and 2% applies to the first $2, in combined choice category/grocery/wholesale club purchases spent each quarter; then 1%).

  • With no annual fee, you’re only gaining from this lucrative card that lets you customize your bonus categories based on your lifestyle. While everyone can benefit having the Bank of America Customized Cash Rewards card, existing Bank of America members who qualify for the Preferred Rewards program will find even more value by owning this card, since you can earn 25% to 75% more points on all your purchases.

  • You can expect to receive your card within 10 days of application approval. Upon receiving your card, you will have to activate it on your Bank of America mobile banking app, on Bank of America’s credit card activation website or by calling the number on the back of the credit card.

Источник: knensi.us

Bank of America® Travel Rewards Credit Card

Our rating

Min. credit level:Good

Annual Fee:$0

Regular APR%–% Variable

Intro Purchase APR: 0% for 12 billing cycles

Bank of America® Travel Rewards Credit Card

Our rating

GoodMin. credit level

$0Annual Fee

Apply NowRead Our Review

Highlights & Features

Rewards

Spending Rewards
  • 3X points per dollar at the Bank of America Travel Center
  • X points per dollar on all other purchases
Introductory Bonus
  • 25, bonus points for spending $1, in the first 90 days after account opening

Balance Transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

Intro Balance Transfer APR N/A
Regular Balance Transfer APR%–% Variable
Balance Transfer Fee3%, $10 minimum
How to Transfer a Balance on a Credit Card

Fees

Penalty APRUp to % Variable
Late FeeUp to $40
Returned Payment FeeUp to $29
Additional Cards Annual FeeN/A
Foreign Transaction FeeNone
Learn About Types of Credit Card Fees

Cash Advances

Borrowing cash on your card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.

Cash Advance APR%–% Variable
Cash Advance FeeSee Terms
How to Get a Cash Advance with a Credit Card
Bank of America® Travel Rewards Credit Card

Highlights

  • Earn unlimited points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don’t expire
  • 25, bonus points for spending $1, in the first 90 days after account opening
  • Use your card to book your trip how and where you want – you’re not limited to specific websites with blackout dates or restrictions
  • Redeem points for a statement credit to pay for flights, hotels, vacation packages, cruises, rental cars, or baggage fees
  • Comes with chip technology for enhanced security and protection at chip-enabled terminals
  • 0% Introductory APR for 12 billing cycles for purchases. After the intro APR ends, %–% Variable APR will apply
  • If you’re a Preferred Rewards member, you can earn 25% – 75% more points on every purchase

The Bank of America Travel Rewards Credit Card offers X points for every dollar spent, except for purchases through the Bank of America Travel Center which provide 3X points per dollar.

There&#;s also a nice introductory bonus: 25, bonus points for spending $1, in the first 90 days after account opening.

You&#;ll get a 10% point bonus if you have an active Bank of America checking or savings account. That can be increased to a 25%–75% point bonus if you&#;re a Bank of America Preferred Rewards client, which requires having a fairly significant amount of money in eligible bank accounts.

Frequent travelers should consider this no annual fee card to earn some money back on trips, and it can be used outside the country without any extra foreign transaction fee.

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Источник: knensi.us

Fidelity® Rewards Visa Signature® Card

We may change APRs, fees, and other Account terms in the future based on your experience with Elan Financial Services and its affiliates as provided under the Cardmember Agreement and applicable law.

1. You will earn 2 Points per dollar in eligible net purchases (net purchases are purchases minus credits and returns) that you charge. Account must be open and in good standing to earn and redeem rewards and benefits. Upon approval, refer to your Program Rules for additional information. You may not redeem Reward Points, and you will immediately lose all of your Reward Points, if your Account is closed to future transactions (including, but not limited to, due to Program misuse, failure to pay, bankruptcy, or death). Reward Points will not expire as long as your Account remains open. Certain transactions are not eligible for Reward Points, including Advances (as defined in the Agreement, including wire transfers, travelers checks, money orders, foreign cash transactions, betting transactions, lottery tickets and ATM disbursements), Annual Fee, convenience checks, balance transfers, unauthorized or fraudulent charges, overdraft advances, interest charges, fees, credit insurance charges, transactions to fund certain prepaid card products, U.S. Mint purchases, or transactions to purchase cash convertible items. The 2% cash back rewards value applies only to Points redeemed for a deposit into an eligible Fidelity account. The redemption value is different if you choose to redeem your Points for other rewards such as travel options, merchandise, gift cards, and/or statement credit. Other restrictions apply. Full details appear in the Program Rules new card customers receive with their card. Establishment or ownership of a Fidelity account or other relationship with Fidelity Investments is not required to obtain a card or to be eligible to use Points to obtain any rewards offered under the program other than Fidelity Rewards.

2.

Because the interest and other fees charged on any outstanding balance are greater than the cash value of the rewards points, you may pay more in fees and interest than the value of the points you earn if you do not pay your bill in full each month.

3.

To receive a deposit, you must link your eligible Fidelity® account to your card. This can be accomplished in any of following ways. 1. You may contact Elan Financial Services Customer Service at the toll-free phone number located on the back of your credit card and provide them with your eligible Fidelity® account (s) number. 2. Simply select the “Manage Reward Points” hyperlink from the credit card snapshot page on knensi.us and follow the easy steps. You may also watch a brief video that describes the linking process on the credit card snapshot page also found on knensi.us Please note that automatic redemptions will occur on a monthly basis as long as you have reached the point redemption threshold of 2, Points.

4.

Eligible accounts include most nonretirement registrations as well as Traditional IRA, Roth IRA, Rollover IRA, SEP IRA, Fidelity Charitable® Giving Account®, Fidelity HSA®, and Fidelity®-managed College Savings Plan accounts. The ability to contribute to an IRA or college savings plan account is subject to IRS rules and specific program policies, including those on eligibility and annual and maximum contribution limits. Full details appear in the Program Guidelines new card customers receive with their card. Contributions to Fidelity Charitable® are generally eligible for a federal income tax charitable deduction. Please consult with your tax advisor. The list of eligible registration types may change without notice at Fidelity’s sole discretion. For more information about whether a particular registration is eligible, please call FIDELITY ().

5. Certain restrictions apply to each benefit. Details accompany new account materials.

6.

Elan Financial Services provides zero fraud liability for unauthorized transactions. Cardmember must notify Elan Financial Services promptly of any unauthorized use. Certain conditions and limitations may apply.

7.

Cardmembers are responsible for the cost of any goods or services purchased by the Visa Signature Concierge on cardmembers’ behalf.

8. Fidelity Rewards+ generally requires $, invested through Fidelity® Wealth Services, Fidelity® Strategic Disciplines, or a combination of both registered as an individual account, a joint account, or certain types of revocable trusts. Assets in other registration types, such as irrevocable trusts, partnerships, or LLCs, will not be included when determining program eligibility. Fidelity Rewards is not offered as a component of any advisory service or program through Fidelity, including, without limitation, Fidelity® Wealth Services and Fidelity® Strategic Disciplines. While there are no program enrollment fees, eligible managed accounts are charged an advisory fee.

The Contactless Symbol and Contactless Indicator are trademarks owned by and used with the permission of EMVCo, LLC.

Fidelity Charitable® is the brand name for Fidelity Investments® Charitable Gift Fund, an independent public charity with a donor-advised fund program. Various Fidelity companies provide services to Fidelity Charitable. The Fidelity Charitable name and logo and Fidelity are registered service marks of FMR LLC, used by Fidelity Charitable under license.

"Giving Account" is a registered service mark of the Trustees of Fidelity® Charitable.

Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Pay is a trademark of Apple Inc.

Google, Google Pay and the Google Logo are trademarks of Google LLC.

© Samsung Pay is a registered trademark of Samsung Electronics Co., Ltd. Use only in accordance with law.

© The Kiplinger Washington Editors. Used under License.

Fidelity Go® provides discretionary investment management for a fee. Advisory services offered by Fidelity Personal and Workplace Advisors LLC (FPWA), a registered investment adviser. Brokerage services provided by Fidelity Brokerage Services LLC (FBS), and custodial and related services provided by National Financial Services LLC (NFS), each a member NYSE and SIPC. FPWA, FBS and NFS are Fidelity Investments companies.

The creditor and issuer of this card is Elan Financial Services, pursuant to a license from Visa U.S.A. Inc.

Fidelity® and Elan Financial Services are separate companies.

Visa and Visa Signature are registered trademarks of Visa International Service Association and are used by the issuer pursuant to a license from Visa U.S.A., Inc.

Third-party trademarks appearing herein are the property of their respective owners. All other service marks are property of FMR LLC.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, Salem Street, Smithfield, RI

Источник: knensi.us

Bank of America Cash Rewards Personalized Credit Card Benefits Guide

Making money with your rewards credit card is always great, but being able to customize your cash back bonus categories from month to month is even better. The Bank of America® Customized Cash Rewards credit card lets you do just that.

As part of a growing trend for premium category rewards cards, you will be able to customize the categories in which you can earn the most money. Here’s a handy guide to the benefits of the personalized cash rewards card so you can understand what it offers and how cash rewards work.

Bank of America Personalized Cash Rewards Card Benefits at a Glance

Sign-up bonus$ in online cash rewards after spending $ 1, within the first 90 days of opening the account
Reward rate
  • 3% cash back on purchases in the category of your choice, including gasoline, online purchases, meals, travel, drugstore or home improvement
  • 2% Cash Back at Grocery Stores and Wholesale Clubs (up to $ 2, in combined Category 3 and 2% purchases quarterly, then 1%)
  • 1% on all other purchases
Annual subscription$ 0
APR% to % (variable)
Additional benefitsVisa Signature benefits such as purchase protection and travel benefits

Earn rewards

The advantage of this card is that you can earn money in the categories where you spend the most. You can earn 3% on categories such as gasoline, online shopping, restaurants, travel, drugstores, home improvement or furnishings. Then you can also earn 2% at qualifying grocery stores and wholesale clubs. There is a $ 2, limit on cash back winnings for your categories at 2% and 3% each quarter. Once this limit is reached, you will earn 1% on your purchases.

The advantage of this rewards structure is that you can change your choice category as often as once a month. Plus, with the online shopping category, you can really increase your cash back potential.

You might be renovating a room one month or traveling the next month, and winning in the category that matches your spending can be very helpful in maximizing your rewards. And since you can make the switch quickly and easily online, this feature can help you collect as many rewards as possible.

Bank of America Preferred Rewards Membership

It should also be noted that you can increase your earning rate up to 75% depending on your status as a member of the Bank of America Preferred Rewards program. To become a member, you must own or co-hold an active and qualifying Bank of America checking account and have a minimum three-month combined average daily balance of $ 20, or more among the eligible Bank of America account types.

Here’s how much you could increase your Cash Back Rate based on your Preferred Reward Tier:

  • Gold Preferred Rewards: 25%
  • Preferred Rewards Platinum: 50%
  • Preferred Rewards Platinum Honors: 75%

As a Preferred Rewards member, you get other perks like discounts on investment services, mortgage origination fees, HELOC interest rates and auto loans, and zero fees for some. banking services.

Redeem rewards

Your rewards are worth 1 cent for 1 percent earned with personalized cash rewards. You can redeem these rewards for statement credits, direct deposits to a Bank of America checking or savings account, or credit to an eligible Merrill account (with a minimum of $ 25 request).

Sign-up bonus and 0% annual interest rate

This no annual fee credit card not only offers the chance to earn ongoing cash back rewards, but it also offers a substantial signup bonus. You will get $ in online cash rewards after spending $ 1, within 90 days of opening the account.

Another great feature of this card is the introductory 0% APR offer, which could help you pay off any higher interest debt you may have. You’ll get 0% APR for 15 bill cycles on purchases and balance transfers. You must complete your balance transfer within the first 60 days of opening your account. Note that a 3% fee (minimum $ 10) applies. After your month introductory offer ends, the APR will be % to % (variable).

Additional benefits and protections

Visa signature

Because this isn’t a premium travel credit card, there won’t be a lot of premium perks to speak of. However, as a Visa Signature card, there are a number of advantages, including:

  • Warranty coverage
  • Purchase security
  • Concierge
  • Road expedition
  • Reimbursement of lost baggage
  • Travel and emergency assistance
  • Rental Vehicle Collision Damage Waiver Coverage

While most of these benefits are standard for Visa Signature branded credit cards, be sure to review your card’s specific terms and conditions. This way you will know the specific set of Visa Signature benefits that apply to your personalized cash rewards card.

BankAmeriOffers

BankAmeriDeals is a limited time card linked offer program similar to Amex offers or Chase offers. When you activate certain promotional offers on your account, you can earn % additional cash back at select participating restaurants and other merchants. You also get “coins” for using the program, which can give you access to even better deals. You won’t make a lot of money with BankAmeriDeals, but it’s a feature that increases what you earn.

Museums about us

This advantage has actually been around for some time. For more than two decades, all Bank of America credit and debit cards have offered cardholders free general admission to more than “cultural institutions” during the first weekend of each month. All you need to do is show your Bank of America card and valid photo ID for free access.

The bottom line

The Bank of America Customize Cash card does not offer the highest cash back rates on the market, as some revolving category cards offer up to 5% cash back on certain bonus categories. However, getting 3% cash back on your category is way better than the % cash back offered by other flat rate cash back cards in the rewards market.

With no annual fees, a decent welcome bonus, and a generous introductory offer from TAP as perks to its respectable cash back rate, this Bank of America credit card deserves serious consideration for a place in your wallet. When you add the protections and benefits through the Visa Signature network, the net worth of the card becomes even more apparent.

Источник: knensi.us
  • 3% Earn 3% cash back in the category of your choice (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases).
  • 2% Earn automatic 2% at grocery stores and wholesale clubs (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases).
  • 1% Earn unlimited 1% on all other purchases.

$

$ online cash rewards bonus after you make at least $1, in purchases in the first 90 days of account opening

up to % APR

See Terms

% - % Variable APR on purchases and balance transfers

0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A 3% fee (min. $10) applies.

% - % Variable APR on purchases and balance transfers

0% Intro APR for 15 billing cycles for purchases

Excellent/Good

  • $ online cash rewards bonus after you make at least $1, in purchases in the first 90 days of account opening
  • Earn 3% cash back in the bank of america cash rewards or travel rewards of your choice, automatic 2% at grocery stores and wholesale clubs (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases
  • 3% Earn 3% cash back in the category of your choice (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases).
  • 2% Earn automatic 2% at grocery stores and wholesale clubs (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases).
  • 1% Earn unlimited 1% on all other purchases.

$

$ online cash rewards bonus after you make at least $1, in purchases in the first 90 days of account opening

up to % APR

See Terms

% - % Variable APR on purchases and balance transfers

0% Intro APR for 15 billing cycles bank of america cash rewards or travel rewards any BTs made in the first 60 days. A 3% fee (min. $10) applies.

% - % Variable APR on purchases and balance transfers

0% Intro APR for 15 billing cycles for purchases

Excellent/Good

  • $ online cash rewards bonus after you make at least $1, in purchases in the first 90 days of account opening
  • Earn 3% cash back in the category of your choice, automatic 2% at grocery stores and wholesale clubs (up to $2, in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases
  • If you're a Preferred Rewards member, you can earn 25% - 75% more cash back on every purchase. That means you could earn up to % cash back on purchases in your choice category.
  • No annual fee and no expiration on rewards
  • 0% Introductory APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends, % - % Variable APR will apply. A 3% fee (min $10) applies to all balance transfers.
  • Contactless Cards - The security of a chip card, with the convenience of a tap
  • This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

The Bank of America Customized Cash Rewards card empowers the cardholder to choose their bonus category each quarter (to earn 3% cash back on up to $2, in combined purchases per quarter).

Bank of America Cash Rewards credit card review

  • Flexible earning structure (3% cash back in the category of your choice and 2% at grocery stores and wholesale clubs); up to $2, in combined purchases per quarter (then 1%)
  • No annual fee or expiration on rewards
  • $ online cash rewards bonus after you make at least $1, in purchases in the first 90 days of account opening
  • Maximum $2, in combined choice category/grocery store/wholesale club purchases each quarter, then 1%
  • 3% foreign transaction fee

The best candidate for this cash-back card would be someone who already owns a checking or savings account with Bank of America and want to apply for their first no-annual-fee cash-back credit card. That’s because the rewards add up even more if you’re eligible for the Bank of America Preferred Rewards program. You’ll qualify for the lowest level (Gold) if you have $20, to $49, in your Bank uia online certification America deposit accounts, which will get you a 25% points bonus on all your purchases. The highest tier in this program offers a whopping 75% more points than the current rates, meaning this card will provide tremendous value on your everyday purchases for Bank of America fans.

With a 3%/2%/1% rewards scheme, you get to pick where you spend the most each quarter from gas, online shopping, dining, travel, drug stores or home improvements and furnishing. Regardless of which category you pick, you can earn 3% cash back and furthermore, this credit card is a fantastic everyday card, thanks to its 2% rewards rate at grocery stores and wholesale clubs (3% and 2% applies to the first $2, in combined choice category/grocery/wholesale club purchases spent each quarter; then 1%).

  • With no annual fee, you’re only gaining from this lucrative card that lets you customize your bonus categories based on your lifestyle. While everyone can benefit having the Bank of America Customized Cash Rewards card, existing Bank of America members who qualify for the Preferred Rewards program will find even more value by owning this card, since you can earn 25% to 75% more points on all your purchases.

  • You can expect to receive your card within 10 days of application approval. Upon receiving your card, you will have to activate it on your Bank of America mobile banking app, on Bank of America’s credit card activation website or by calling the number on the back of the credit card.

Источник: knensi.us

Bank of America Customized Cash Rewards Credit Card Review

Earning Rewards

With 3% cash back in the eligible category of your choice, 2% at grocery stores and wholesale clubs (up to $2, in combined choice category/grocery banks with coin machines club quarterly purchases) and unlimited 1% on all other purchases, earning rewards with the Bank of America Customized Cash Rewards credit card provides decent earning options, but is capped beyond the, “everything else.”

The 3% cash-back category options are fairly broad. Atm cash deposit machine near me selectable categories include gas, online shopping, dining, travel and drug stores, or both home improvement and furnishings. Your choice can be changed from month-to-month online or via mobile app and defaults to gas.

Bank of America Preferred Rewards members can earn 25% to 75% bonus points on all purchases. Note that you’ll need $20, in combined assets for a 25% bump, $50, for a 50% bump and $, for a 75% bump.

An additional reward to weigh is the cash rewards welcome bonus which allows new cardholders to earn $ online cash rewards bonus after you make at least $1, in purchases in the first 90 days of account opening.

Redeeming Rewards

Redeeming rewards with the Bank of America Customized Cash Rewards credit card is straightforward and easy. Bank of america cash rewards or travel rewards can select how you’d like to receive your rewards:

  • As a statement credit of any amount
  • As a direct deposit into an eligible Bank of America account
  • As a credit to an eligible account with Merrill of any amount
  • As a check, with minimum redemption of $25
  • As a contribution to a account with Merrill, with minimum redemption of $25

You may also set up automatic redemptions to either a Bank of America or Merrill account, given that those redemptions are worth at least $ No other redemption methods qualify for automation.

If you forget to redeem your rewards, no problem: They don’t expire as long as your account is open.

Rewards Potential

To determine the rewards potential of the Bank of America Customized Cash Rewards credit card we have to look at the bonus categories and calculate what an American household might spend in those areas. Forbes Advisor uses data from various government agencies in order to determine both baseline income and spending averages across various categories. The 70th percentile of wage-earning households bring in $, bank of america cash rewards or travel rewards and we base spending on that number.

The Bank of America Customized Cash Rewards credit card has the following bonus categories:

  • Earn 3% cash back on a chosen category (we chose restaurants)
  • Earn 2% cash back on grocery stores
  • Earn 1% cash back on all other purchases

Forbes Advisor estimates that our example household spends $4, on dining, which results in $ cash back annually. The $5, on grocery stores this household spends would translate to $ cash back, and the remaining $16, that could reasonably be charged to a credit card would earn $ cash back. This means that the card would earn a total of $ in cash back per year in addition to the welcome bonus earned in the first year.

Источник: knensi.us

Fidelity® Rewards Visa Signature® Card

We may change APRs, fees, and other Account terms in the future based on your experience with Elan Financial Services and its affiliates as provided under the Cardmember Agreement and applicable law.

1. You will earn 2 Points per dollar in eligible net purchases (net purchases are purchases minus credits and returns) that you charge. Account must be open and in good standing to earn and redeem rewards and benefits. Upon approval, refer to your Program Rules for additional information. You may not redeem Reward Points, and you will immediately lose all of your Reward Points, if your Account is closed to future transactions (including, but not limited to, due to Program misuse, failure to pay, bankruptcy, or death). Reward Points will not expire as long as your Account remains open. Certain transactions are not eligible for Reward Points, including Advances (as defined in the Agreement, including wire transfers, travelers checks, money orders, foreign cash transactions, betting transactions, lottery tickets and ATM disbursements), Annual Fee, convenience checks, balance transfers, unauthorized or fraudulent charges, overdraft advances, interest charges, fees, credit insurance charges, transactions to fund certain prepaid card products, U.S. Mint purchases, or transactions to purchase cash convertible items. The 2% cash back rewards value applies only to Points redeemed for a deposit into an eligible Fidelity account. The redemption value is different if you choose to redeem your Points for other rewards such as travel options, merchandise, gift cards, and/or statement credit. Other restrictions apply. Full details appear in the Program Rules new card customers receive with their card. Establishment or ownership of a Fidelity account or other relationship with Fidelity Investments is not required to obtain a card or to be eligible to use Points to obtain any rewards offered under the program other than Fidelity Rewards.

2.

Because the interest and other fees charged on any outstanding balance are greater than the cash value of the rewards points, you may pay more in fees and interest than the value of the points you earn if you do not pay your bill in full each month.

3.

To receive a deposit, you must link your eligible Fidelity® account to your card. This can be accomplished in any of following ways. 1. You may contact Elan Financial Services Customer Service at the toll-free phone number located on the back of your credit card and provide them with your eligible Fidelity® account (s) number. 2. Simply select the “Manage Reward Points” hyperlink from the credit card snapshot page on knensi.us and follow the easy steps. You may also watch a brief video that describes the linking process on the credit card snapshot page also found on knensi.us Please note that automatic redemptions will occur on a monthly basis as long as you have reached the bank of america cash rewards or travel rewards redemption threshold of 2, Points.

4.

Eligible accounts include most nonretirement registrations as well as Traditional IRA, Roth IRA, Rollover IRA, SEP IRA, Fidelity Charitable® Giving Account®, Fidelity HSA®, and Fidelity®-managed College Savings Plan accounts. The ability to contribute to an IRA or college savings plan account is subject to IRS rules and specific program policies, including those on eligibility and annual and maximum contribution limits. Full details appear in the Program Guidelines new card customers receive with their card. Contributions to Fidelity Charitable® are generally eligible for a federal income tax charitable deduction. Please consult with your tax advisor. The list of eligible registration types may change without notice at Fidelity’s sole discretion. For more information about whether a particular registration is eligible, please call FIDELITY ().

5. Certain restrictions apply to each benefit. Details accompany new account materials.

6.

Elan Financial Services provides zero fraud liability for unauthorized transactions. Cardmember must notify Elan Financial Services promptly of any unauthorized use. Bank of america cash rewards or travel rewards conditions and limitations may apply.

7.

Cardmembers are responsible for the cost of any goods or services purchased by the Visa Signature Concierge on cardmembers’ behalf.

8. Fidelity Rewards+ generally requires $, invested through Fidelity® Wealth Services, Fidelity® Strategic Disciplines, or a combination of both registered as an individual account, a joint account, or certain types of revocable trusts. Assets in other registration types, such as irrevocable trusts, partnerships, or LLCs, will not be included when determining program eligibility. Fidelity Rewards is not offered as a component of any advisory service or program through Fidelity, including, without limitation, Fidelity® Wealth Services and Fidelity® Strategic Disciplines. While there are no program enrollment fees, eligible managed accounts are charged an advisory fee.

The Contactless Symbol and Contactless Indicator are trademarks owned by and used with the permission of EMVCo, LLC.

Fidelity Charitable® is the brand name for Fidelity Investments® Charitable Gift Fund, an independent public charity with a donor-advised fund program. Various Fidelity companies provide services to Fidelity Charitable. The Fidelity Charitable name and logo and Fidelity are registered service marks of FMR LLC, used by Fidelity Charitable under license.

"Giving Account" is a registered service mark of the Trustees of Fidelity® Charitable.

Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Pay is a trademark of Apple Inc.

Google, Google Pay and the Google Logo are trademarks of Google LLC.

© Samsung Pay is a registered trademark of Samsung Electronics Co., Ltd. Use only in accordance with law.

© The Kiplinger Washington Editors. Used under License.

Fidelity Go® provides discretionary investment management for a fee. Advisory services offered by Fidelity Personal and Workplace Advisors LLC (FPWA), a registered investment adviser. Brokerage services provided by Fidelity Brokerage Services LLC (FBS), and custodial and related services provided by National Financial Services LLC (NFS), each a member NYSE and SIPC. FPWA, FBS and NFS are Fidelity Investments companies.

The creditor and issuer of this card is Elan Financial Services, pursuant to a license from Visa U.S.A. Inc.

Fidelity® and Elan Financial Services are separate companies.

Visa and Visa Signature are registered trademarks of Visa International Service Association and are used by the issuer pursuant to a license from Visa U.S.A., Inc.

Third-party trademarks appearing herein are the property of their respective owners. All other service marks are property of FMR LLC.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, Salem Street, Smithfield, RI

Источник: knensi.us

Bank of America® Travel Rewards Credit Card

Our rating

Min. credit level:Good

Annual Fee:$0

Regular APR%–% Variable

Intro Purchase APR: 0% for 12 billing cycles

Bank of America® Travel Rewards Credit Card

Our rating

GoodMin. credit level

$0Annual Fee

Apply NowRead Our Review

Highlights & Features

Rewards

Spending Rewards
  • 3X points per dollar at the Bank bank of america cash rewards or travel rewards America Travel Center
  • X points per dollar on all other purchases
Introductory Bonus
  • 25, bonus points for spending $1, in the first 90 days after account opening

Balance Transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

Intro Balance Transfer APR N/A
Regular Balance Transfer APR%–% Variable
Balance Transfer Fee3%, $10 minimum
How to Transfer a Balance on a Credit Card

Fees

Penalty APRUp to % Variable
Late FeeUp to $40
Returned Payment FeeUp to $29
Additional Cards Annual FeeN/A
Foreign Transaction FeeNone
Learn About Types of Credit Card Fees

Cash Advances

Borrowing cash on your card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.

Cash Advance APR%–% Variable
Cash Advance FeeSee Terms
How to Get a Cash Advance with a Credit Card
Bank of America® Travel Rewards Credit Card

Highlights

  • Earn unlimited points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don’t expire
  • 25, bonus points for spending $1, in the first 90 days after account opening
  • Use your card to book your trip how and where you want – you’re not limited to specific websites with blackout dates or restrictions
  • Redeem points for a statement credit to pay for flights, hotels, vacation packages, cruises, rental cars, or baggage fees
  • Comes with chip technology for enhanced security and protection at chip-enabled terminals
  • 0% Introductory APR for 12 billing cycles for purchases. After the intro APR ends, %–% Variable APR will apply
  • If you’re a Preferred Rewards member, you can earn 25% – 75% more points on every purchase

The Bank of America Travel Rewards Credit Card offers X points for every dollar spent, except for purchases through the Bank of America Travel Center which provide 3X points per dollar.

There&#;s also a nice introductory bonus: 25, bonus points for spending $1, in the first 90 days after account opening.

You&#;ll get a 10% point bonus if you have an active Bank of America checking or savings account. That can be increased to a 25%–75% point bonus if you&#;re a Bank of America Preferred Rewards client, which requires having a fairly bank of america cash rewards or travel rewards amount of money in eligible bank accounts.

Frequent travelers should consider this no annual fee card to earn some money back on trips, and it can be used outside the country without any extra foreign transaction fee.

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Источник: knensi.us

Bank of America Cash Rewards Credit Card Review

bankamericard-cash-rewards-credit-card-large

The Bank of America Cash Rewards credit card is one of the most popular cash back credit cards for everyday purchases like gas and groceries for a couple different reasons.

You get 3% cash back in category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement. Also, you earn 2% cash back at grocery stores and wholesale clubs. (These cash back rates apply up to the first $2, spending combined in these categories per quarter; 1% cash back thereafter.)

Plus, you get unlimited cash back of 1% on other purchases that you make with the card.

Preferred Rewards clients can increase the bonus to as much as 25% to 75%, resulting in quite a valuable bonus just for redeeming your cash back.

The Bank of America Cash Rewards card is designed for those who prefer earning cash back on regular, everyday purchases instead of on other types of purchases like hotel stays and flights that may not happen as frequently.

For a credit card you can use for all your day-to-day expenses, here’s how it stacks up.

Best Feature: Rack Up Cash Back

The best feature of the card is the ability to rack up cash back on day-to-day purchases.

Although there is a cap on the total amount of preferred category and grocery store/wholesale club purchases each quarter of $2, this is typically high enough to exceed many households’ regular spending in these categories.

Plus, once you reach the cap every three months, those purchases still earn an unlimited 1% cash back, just like the purchases in the “other” category.

Further, Bank of America customers automatically get a 10% bonus if you deposit your cash back into your Bank of America checking or savings account.

For instance, if you spend $2, in a quarter on just groceries, you earn cash back of $

This increases if you are a Preferred Rewards client with Bank of America, which is dependent on your Bank of America and Merrill Edge or Merrill Lynch investment account balances.

Introductory Offers and Account Fees

Sign-up cash back offer

As a new cardholder, you can get a cash bonus if you meet a minimum spending requirement within the first 90 days of opening the account.

This is a valuable bonus, especially if you already plan on using the card for a big purchase anyway.

APR and Introductory Offer

You get 12 billing cycles to pay down purchases or balance transfers made in the first 60 days at 0%.

If you need to make a large purchase right away or transfer a balance from a card with a higher APR, this offer can save you quite a bit of money in interest payments.

  • You can, however, continue to avoid paying interest on your purchases if you are diligent in paying your entire balance in full each month, rather than carrying a balance from bank of america store promo code to month.
  • Get out of debt and pay down balances on other cards by transferring them and paying them down at 0% interest.

It also includes $0 fraud liability which protects you against fraudulent purchases made with your card, as well as overdraft protection when you have a Bank of America account, and digital wallet technology for using your card with your mobile device.

Other Bank of America Fees to Consider

There is no annual fee for the Bank of America Cash Rewards card, but besides the APR after the introductory period, there are other fees to keep in mind.

These include the following:

Bankof America Credit Card Fees

Type of credit card feeFee amount
Balance transfer fee$10 or 3%, whichever is greater
Cash advance fee$10 or 5%, whichever is greater
Late payment feeup to $39
Returned payment feeup to $28
Foreign transaction fee3% of foreign transactions

Final Verdict: Is the Bank of America Cash Rewards Card the Best Cash Back Card?

This fort worth symphony orchestra home for the holidays is especially ideal for anyone looking for a rewards card to earn cash back on everyday purchases like gas and groceries.

It provides a simple rewards program with a reasonable cap that allows you to rack up the cash back and thus, save on your purchases.

If you are a Bank of America customer or become one, these rewards can add up even faster when you redeem into your checking or savings account.

Plus:

The card usually offers a nice sign-up bonus and 0% introductory APR that result in even more savings for new cardmembers.

It isn’t the best card, however, if your gas and grocery store spending is much more than $2, per quarter.

If this is the case, you may earn more from a card with a lower rate and no limit on the amount you can www craigslist san jose california at that rate.

This card is also not a good card if you travel outside of the U.S. or plan to use it for foreign transactions.

There is a foreign transaction fee of 3% on those purchases will cancel out any cash back you earn.

For everyone else, however, this card is a solid option for earning extra cash back when you shop at the grocery store or fill up at the gas station.

And, if you are a Bank of America customer, there’s really no other cash back that will award your everyday purchases as much as this card.

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Источник: knensi.us

BoA Customized Cash Rewards Credit Card Review ( Update: $ Offer)

ThunderFat

Bank of america cash rewards or travel rewards The card name is changed from BoA Cash Rewards to BoA Customized Cash Rewards.

Contents

Application Link

  1. BoA Customized Cash Rewards regular version.
  2. BoA Customized Cash Rewards for Students. Note: student version has the same benefits as the regular version except the sign-up bonus. We suggest students apply for student version, non-students apply for non-student version, as suggested by their names.

Benefits

  1. $ offer: earn $ after spending $1, in first 3 months. Note that you can only get this sign-up bonus if you apply online, you won&#;t get it if applying in branch. The highest offer on this card is $
  2. Earn 3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement/furnishings. I recommend you to choose the &#;online shopping&#; category because it covers a very broad range of purchases (see this official webpage about which merchants count). And earn 2% cash back at grocery stores and wholesale clubs (e.g. Sam&#;s Club). Earn 1% cash back on other purchases.
  3. BoA Preferred Rewards program: If you have checking/savings/brokerage account in BoA or Merrill Edge, you can earn additional cashback based on the amount of asset. Earn additional 25% rewards if you are in Gold tier ($20k or more in balance); 50% if Platinum tier ($50k or more in balance); 75% if Platinum Honors tier ($k or more in balance).
  4. No credit history needed, as long as you have certain amount of deposit in Bank of America (BoA) Checking Account. If you have no credit history, you north central texas college division to go to bank of america cash rewards or travel rewards branch to apply.
  5. No annual fee.

Disadvantages

  1. You’ll only earn 3% and 2% cash back on the first $2, in combined bonus categories each quarter, then earn 1%.
  2. It has foreign transaction fee, so it's not a good choice outside the US.

Recommended Application Time

  1. You can get it even without SSN and with no credit history at all! We recommend you go to the branch in this situation.
  2. [New] This card will not be available to you if you currently have the card, unless you have had the card for at least 24 months.
  3. [New] 2/3/4 Rule: BoA will only approve you for at most: 2 cards per rolling 2 months; 3 cards per rolling 12 months; and 4 cards per rolling 24 months. Because their IT system hasn&#;t been fully updated yet, you may not get declined because of this rule. Instead, you may get approved at first, and then the account will be closed because of &#;approved in error&#.

Summary

The 3% cashback on online shopping is decent, because the range is very wide. The cap of 3% cashback is a bit small. However, it&#;s still worth applying if you have zero or very limited credit history. You have to go to a branch to apply if you do not have any credit history, note that you will not get any sign-up bonus applying in branch, but don&#;t care about the bonus for your first credit card. You could switch to other credit cards with better rewards once you have enough credit history.

Benefits before

  1. $ offer: earn $ after spending $ in first 3 months. Note that you can only get this sign-up bonus if you apply online, you won&#;t get bank of america cash rewards or travel rewards if applying in branch. The highest offer on this card bank of america cash rewards or travel rewards $
  2. Earn 3% cash back on gas, and 2% cash back at grocery stores and wholesale clubs (e.g. Sam&#;s Club), 1% cash back on other purchases.
  3. If you have checking/savings/brokerage account in BoA or Merrill Edge: earn an additional 10% bonus points if you have a regular account; an additional 25% bonus points if you have a Gold tier ($20k or more in balance); 50% if Platinum tier ($50k or more in balance); 75% if Platinum Honors tier ($k or more in balance).
  4. No credit history needed, as long as you have certain amount of deposit in Bank of America (BoA) Checking Account. If you have no credit history, you need to go to the branch to apply.
  5. No annual fee.
  6. The bonus cashback in only for the first $2, in combined 3% and 2% categories each quarter.

Other Versions

There are several other versions of this card. The benefits are identical, but BoA treat them as separate products. Therefore if you are interested, you can apply for all of them as long as BoA 2/3/4 Rule is satisfied. Why you may want to get these cards? Apart from the sign up bonuses, you can also increase the 3% cashback limit by holding multiple of these cards.

Related Credit Cards

After Applying

  • Click here to check BoA application status.
  • BoA reconsideration backdoor number:  or It seems that the number is changing. Please inform us at once if it fails. The representatives here can get in touch with decision-makers directly.

Historical Offers Chart

Application Link

  1. BoA Customized Cash Rewards regular version.
  2. BoA Customized Cash Rewards for Students. Note: student version has the same benefits as the regular version except the sign-up bonus. We suggest students apply for student version, non-students apply for non-student version, as suggested by their names.

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Источник: knensi.us

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Travel vs. Cash Rewards: How to Choose the Right Rewards Card for Your Business
bank of america cash rewards or travel rewards

3 Replies to “Bank of america cash rewards or travel rewards”

  1. @Venkat MSR  @Venkat MSR 1.Instead of withdrawing from ATM, can we transfer to own HDFC BANK A/c from ATM itself from Millennium card?

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