About the Financial Institution

With this card, you earn a flat 1.5% cash back on all transactions, making it an excellent choice for those who prefer straightforward rewards without category restrictions.

Additionally, this card offers a $200 welcome bonus after meeting the minimum spending requirement, and it comes with no annual fee, making it a great option for those looking to maximize rewards without extra costs.

The Bank of America Corporation, founded in 1904, is one of the largest financial institutions in the U.S., serving millions of consumers, small businesses, and corporations.

It provides a variety of financial services, including banking, investment management, credit cards, and loans.

Bank of America is known for its robust online banking system, extensive branch network, and Preferred Rewards program, which offers enhanced benefits to customers with high balances in eligible accounts.

As the issuer of the Unlimited Cash Rewards Credit Card, Bank of America ensures secure transactions, fraud protection, and seamless digital payment options, making it a reliable choice for cardholders.

Press the button below and check out the step-by-step process how to apply for the card.

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Who Is This Card For?

The Bank of America Unlimited Cash Rewards Credit Card is best suited for:

Everyday Shoppers – Those who want to earn cash back on all purchases without tracking spending categories.

Individuals Looking for a No-Fee Card – Since it has no annual fee, it's an excellent option for cost-conscious users.

Bank of America Customers – Those enrolled in Bank of America’s Preferred Rewards program can earn up to 75% more cash back, boosting the 1.5% rate to as much as 2.62% on every purchase.

People Who Prefer Simplicity – With flat-rate rewards, there's no need to activate categories or remember rotating bonuses.

Those Looking for a Strong Introductory Offer – The card provides a $200 cash rewards bonus after meeting spending requirements.

Card Advantages

Unlimited 1.5% Cash Back – Earn 1.5% cash back on all purchases, making it simple and rewarding for any type of spending.

No Annual Fee – Enjoy unlimited cash rewards without worrying about annual costs.

$200 Welcome Bonus – Receive $200 in cash rewards after spending $1,000 within the first 90 days.

Higher Cash Back for Preferred Rewards Members – If you're part of Bank of America's Preferred Rewards program, you can boost your cash back rate to up to 2.62% on all purchases.

0% Introductory APR Offer – Enjoy a 0% intro APR on purchases and balance transfers for the first 15 billing cycles (then a variable APR applies).

Flexible Redemption Options – Redeem cash rewards as a statement credit, direct deposit to a Bank of America account, or contribution to an eligible Merrill account.

No Expiration on Rewards – Earned cash back never expires, as long as the account remains open and in good standing.

No Minimum Redemption Amount – You can redeem any amount of cash back at any time.

Additional Benefits

Intro APR for Balance Transfers – Transfer balances at a 0% intro APR for 15 billing cycles (3% transfer fee applies).

FICO® Score Access – Cardholders can check their FICO® credit score for free through the Bank of America mobile app or website.

Tap to Pay Feature – Supports contactless payments for fast and secure transactions.

Account Alerts & Mobile Banking – Get real-time alerts for fraud protection, payment due dates, and spending insights.

Extended Warranty & Purchase Protection – Eligible purchases may qualify for extended warranties and purchase protection against damage or theft.

Things to Consider

While the Bank of America Unlimited Cash Rewards Credit Card has many benefits, there are a few drawbacks:

1.5% Cash Back May Not Be the Highest Rate – Some other cards offer 2% cash back on all purchases or higher rewards in specific categories.

No Bonus Categories – If you spend heavily in areas like dining, travel, or groceries, a category-specific rewards card might offer better returns.

Balance Transfer Fee – Although there is a 0% intro APR for 15 months, a 3% fee applies to each balance transfer.