One of the most respected banks in our country is becoming more flexible when it comes to granting credit. So, if you have bad credit, this is your chance to get a great credit card, full of advantages.
We will give you all the guidelines to get your credit card approved in record time.
Bank of America ranks as the fifth-largest issuer of credit cards in terms of purchase volume as of 2021.1
One of the biggest issuers of cards in the Visa network, Bank of America has more than 4,200 branches across the U.S. and offers cards for those seeking travel and cash back rewards, as well as student, balance transfer, and business credit cards.
We researched and scored Bank of America credit cards to find the best ones for consumers and businesses with a variety of needs.
From travel credit cards to cash back cards and even cards for those with bad credit, Bank of America has a credit card to suit your individual needs.
Keep reading for our top picks of the best Bank of America credit cards.
The Bank of America Customized Cash Rewards Credit Card offers you the ability to choose your own categories that qualify for, every month.
- Welcome Bonus: Earn a $200 online cash reward when you use your card to spend $1,000 within three months of account opening;
- Rewards: Earn 3% cash back on the category of your choice, plus 2% cash back at grocery stores and wholesale clubs, and 1% cash back elsewhere;
- Annual Fee: None;
- APR: 13.99% to 23.99%, based on your creditworthiness;
- Promotional Financing Offer: 15 months of 0% APR financing on both new purchases and balance transfers, with a 3% balance transfer fee.
When you open a new account, you can earn a $200 online cash reward when you use your card to spend $1,000 within three months. This card also offers you 3% cash back on the category of your choice, including:
- Gas;
- Online shopping;
- Dining;
- Travel;
- Drug stores;
- Home improvement/furnishings;
- Plus, you also earn 2% cash back at grocery stores and wholesale clubs, and 1% cash back elsewhere. You can change these categories every month, or just leave them alone.
However, you can only earn the 3% and 2% cash back rewards on your first $2,500 spent on combined purchases from your choice category, grocery stores and wholesale clubs, each quarter.
After that, you’ll earn just the standard 1% cash back. Plus, members of the Bank of America Preferred Rewards program can also earn 25% to 75% more rewards, depending on how much they have invested with Bank of America.
This card also offers new applicants 15 months of 0% APR financing on both new purchases and balance transfers, with a 3% balance transfer fee.
There’s no annual fee for this card, but there is a 3% foreign transaction fee.
Advantages
There’s a lot to like about the idea of choosing your own bonus categories, and the ones offered are likely to be categories that many households spend a lot on. It’s also great that you can change your choice every month, or do nothing and keep it as is.
The 2% cash back at grocery stores and warehouse clubs is also valuable, as many competing cards specifically exclude warehouse stores from their bonus categories.
The new account bonus is generous, and it’s always nice to use a card with no annual fee.
Let’s take advantage of all the benefits and apply for your card? Click on the button below.
