Bank of America Cash Rewards™ Credit Card (Rewards Rate Requires Platinum Honors Status through $100,000 with BoA or Merrill Lynch)

Bank of America Cash Rewards™ Credit Card (Rewards Rate Requires Platinum Honors Status through $100,000 with BoA or Merrill Lynch)

Advertiser Disclosure

Sign-Up Bonus

Receive $200 in cash after making at least $500 in purchases in the first 90 days of your account opening.

Point Accrual


  • No annual fee
  • Earn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on gas up to the first $2,500 in combined grocery/wholesale club/gas purchases each quarter 
  • No changing categories and 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, 13.74% - 23.74% Variable APR. 3% fee (min $10) applies to balance transfers
  • Get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account
  • If you're a Preferred Rewards client, you can increase that bonus to 25% - 75% (BoA Platinum Honors customers with over $100,000 at the bank or Merrill Lynch receive a 75% premium on these amounts)

Calculating Your Value

Your Annual Points

With our default spend profile, this card can produce 57,400 points annually.

We value these points as high as 1.00 cents per point.

So, you can receive up to $574.00 in value per year.

Calculate New Values

Enter Your Estimated Annual Spend in Each Category to See How this Card Can Maximize Your Reward Earnings

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Pros

  • No annual fee
  • Cash sign-up bonus
  • Cash rewards

Customer Reviews for Bank of America Cash Rewards™ Credit Card (Rewards Rate Requires Platinum Honors Status through $100,000 with BoA or Merrill Lynch)

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