How to Apply for Bank of America Customized Cash Rewards Credit Card

Unlock a world of customized rewards with the Bank of America Customized Cash Rewards Credit Card. This credit card is an excellent choice for individuals seeking flexible cash back options tailored to their spending habits. With no annual fee, it offers a straightforward way to earn cash back on everyday purchases.

Benefit from a generous cash back structure: 3% cash back in a category of your choice, 2% at grocery stores and wholesale clubs (on up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases), and 1% on all other purchases. This card is ideal for optimizing spending rewards while maintaining financial flexibility.

Moreover, earn a sign-up bonus when you meet the spending requirements in the first 90 days. With these compelling features, the Bank of America Customized Cash Rewards Credit Card empowers you to make your purchases work harder for you, providing valuable rewards tailored to your personal preferences and lifestyle.

Benefits of the Bank of America Customized Cash Rewards Credit Card

1. Generous Cash Back Rewards

The Bank of America Customized Cash Rewards Credit Card offers a solid cash back rewards structure that allows cardholders to earn 3% cash back on the category of their choice, such as gas, online shopping, dining, travel, drug stores, or home improvement and furnishings. Additionally, users get 2% cash back at grocery stores and wholesale clubs, and 1% on all other purchases. This flexibility not only provides remarkable savings potential but also allows you to tailor your spending templates to match your lifestyle.

2. No Annual Fee

This credit card comes with no annual fee, making it an attractive option for those seeking a profitable cash back structure without the extra cost. Eliminating the annual fee contributes to maintaining any amassed rewards’ value, allowing cardholders to maximize their cash-back benefits over the long term.

3. Introductory 0% APR Offer

The Bank of America Customized Cash Rewards Credit Card features an introductory offer of 0% APR for 18 billing cycles on purchases and any balance transfers made within the first 60 days. This gives cardholders a helpful period of financing on larger transactions without the burden of interest accumulation. However, be mindful to pay off the balance before the regular APR kicks in to avoid unnecessary interest charges.

4. Preferred Rewards Program Bonuses

Becoming a member of the Bank of America Preferred Rewards program opens up complimentary benefits with your Customized Cash Rewards Credit Card. Members can receive a 25% to 75% rewards bonus on every purchase, which significantly boosts the earning potential of your cash back rewards, especially if you maintain higher account balances across qualifying Bank of America and Merrill accounts.

5. Contactless and Secure Payment Options

With the Customized Cash Rewards Credit Card, make secure transactions confidently thanks to its contactless payment technology and proactive security features that ensure your purchase safety. The card is equipped with fraud protection measures, ensuring you are notified and shielded against unauthorized transactions.

SEE HOW TO GET YOUR BANK OF AMERICA CUSTOMIZED CASH REWARDS CREDIT CARD

The Bank of America Customized Cash Rewards Credit Card stands out with its unique cash back structure tailored to meet individual spending habits. Cardholders can choose a category that earns 3% cash back on purchases, such as online shopping or travel, adapting to their lifestyles to maximize their benefits. This personalization supports informed spending and rewards users for habits they likely already engage in.Additionally, the absence of an annual fee offers a significant advantage, as it allows everyday users to reap financial rewards without incurring extra costs. This feature is particularly appealing for those seeking to optimize their credit card usage without the burden of yearly fees. Such savings can be redirected into further investments or savings, enhancing overall financial wellness.With flexible cash back options and no annual fee, the card positions itself as a viable choice for a diverse range of consumers, particularly those looking to enhance their financial portfolio without added costs.

Requirements for the Bank of America Customized Cash Rewards Credit Card

• Credit Score: Prospective applicants should have a good to excellent credit score, generally defined as a FICO score of 670 or higher, to qualify for the Bank of America Customized Cash Rewards Credit Card.
• Minimum Income: While there is no official minimum income disclosed by Bank of America, applicants must demonstrate a stable and sufficient income level to meet the card’s credit obligations.
• Proof of Identity: Applicants are required to provide valid identification, such as a U.S. driver’s license, state ID, or passport, to verify their identity.
• Social Security Number: A Social Security Number (SSN) is necessary for U.S. residents to apply for this credit card, allowing the bank to assess creditworthiness through credit history checks.
• Employment Information: Information about your current employment status and details may be required to assess the applicant’s ability to manage credit card payments consistently.

GET YOUR BANK OF AMERICA CUSTOMIZED CASH REWARDS CREDIT CARD THROUGH THE WEBSITE

How to Apply for the Bank of America Customized Cash Rewards Credit Card

Step 1: Visit the Official Website or Local Branch

To start your application for the Bank of America Customized Cash Rewards Credit Card, you can either visit the official Bank of America website or any local branch. Opting for the website might be more convenient and time-efficient, allowing you to follow through the process at your own pace. Ensure you have a secure internet connection for a smooth online experience.

Step 2: Navigate to the Credit Card Section

Once on the Bank of America website, locate the credit card section. You can find this by accessing the “Credit Cards” menu from the homepage. In this section, explore the different credit card options and select the Customized Cash Rewards Credit Card to learn more about its benefits and terms before proceeding with your application.

Step 3: Start Your Application

After choosing the Customized Cash Rewards Credit Card, click on the “Apply Now” button to begin the application process. You will be required to fill out an online form with personal information such as your name, address, Social Security Number, income details, and employment status. Be prepared to provide accurate and up-to-date information to avoid any delays in the approval process.

Step 4: Review Terms and Conditions

Before submitting your application, carefully review the terms and conditions associated with the credit card. This includes the interest rates, rewards structure, and any applicable fees. Understanding these terms will help you make informed decisions and manage your new credit card effectively if approved.

Step 5: Submit Your Application and Await Approval

Once you have completed the application form and reviewed the terms, submit your application. Bank of America will process your application and notify you of their decision. Approval times may vary, but you can generally expect to receive a response fairly quickly. If approved, your new credit card will be mailed to you along with additional information on managing and activating your card.

GET YOUR BANK OF AMERICA CUSTOMIZED CASH REWARDS CREDIT CARD THROUGH THE WEBSITE

Frequently Asked Questions about the Bank of America Customized Cash Rewards Credit Card

What are the main benefits of the Bank of America Customized Cash Rewards Credit Card?

The Bank of America Customized Cash Rewards Credit Card offers a unique cash back structure. Cardholders can earn 3% cash back in a category of their choice, such as gas, online shopping, dining, travel, drug stores, or home improvement/furnishings. In addition, you get 2% cash back at grocery stores and wholesale clubs, and 1% cash back on all other purchases. The 3% and 2% cash back offers apply to the first $2,500 in combined choice category, grocery store, and wholesale club purchases each quarter. This card is an excellent choice for those seeking customizable rewards that match their spending habits.

Is there an annual fee for the Bank of America Customized Cash Rewards Credit Card?

No, the Bank of America Customized Cash Rewards Credit Card does not charge an annual fee. This makes it an attractive option for those who want to maximize their cash back rewards without the burden of an annual cost, which can be especially appealing for budget-conscious consumers.

How does the introductory APR offer work with this credit card?

The card currently offers a 0% introductory APR for the first 15 billing cycles on both purchases and any balance transfers made within the first 60 days of account opening. After the introductory period, the APR will revert to a variable rate based on your creditworthiness and other factors. This feature can be beneficial for individuals looking to make large purchases or transfer higher-interest balances to manage and minimize interest payments effectively.

What credit score is needed to qualify for the Bank of America Customized Cash Rewards Credit Card?

To be considered for the Bank of America Customized Cash Rewards Credit Card, applicants typically need a good to excellent credit score, generally defined as a FICO score of around 670 or higher. Credit card issuers look at various factors beyond the credit score, such as income and existing debt, so a comprehensive financial assessment is conducted during the application process.

Are there additional benefits for Preferred Rewards members?

Yes, Bank of America Preferred Rewards members enjoy extra incentives. Depending on their tier, members can earn a 25% to 75% increase on their cash back reward earnings. Thus, if you are eligible and enrolled in the Bank of America’s Preferred Rewards program, you can significantly boost your cash back rate, making this credit card an even more lucrative choice for loyal customers.

Linda Carter

Linda Carter is a writer and financial expert specializing in personal finance and financial planning. With extensive experience helping individuals achieve financial stability and make informed decisions, Linda shares her knowledge on the our platform. Her goal is to empower readers with practical advice and strategies for financial success.