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Bank of America® Customized Cash Rewards Credit Card: Spend $1,000 or more on purchases in the first 90 days of account opening to earn a $200 Cash Rewards Bonus

+69 Deal Score
337,941 Views
Bank of America is offering a $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening with their Bank of America® Customized Cash Reward credit card. No Annual fee.

Card Details:
  • $200 online cash rewards bonus after you make at least $1,000 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 $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases.
  • Choose 3% cash back on gas and EV charging station, online shopping/cable/internet/phone plan/streaming, dining, travel, drug store/pharmacy or home improvement/furnishings purchases.
  • If you're a Bank of America Preferred Rewards® member, you can earn 25%-75% more cash back on every purchase. That means you could earn 3.75%-5.25% cash back on purchases in your choice category.
  • No annual fee and cash rewards don’t expire as long as your account remains open.
  • 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% - 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%. Balance transfers may not be used to pay any account provided by Bank of America.
  • 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.


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in Credit Cards (2) Bank of America - Bank Advertiser
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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Joined Oct 2021
L5: Journeyman
> bubble2 516 Posts
114 Reputation
CrimsonRose733
02-11-2024 at 08:49 PM.
02-11-2024 at 08:49 PM.
Quote from PurpleRoad146 :
This doesn't make sense at all. Let's say I have 100k available to sit in a checking account (I don't).
I can let that money sit in Bank of America to get "preferred awards status", which after three months gives me an additional 2.25% cashback on purchases in a single category (say online stores like amazon) which assumes I know what category a purchase will be applied to (I don't).

OR I can put that 100k in treasury bills that return 5% non-competitively over 13 weeks... who the hell would pick first option???

Edit: I have nothing against this card or this deal, but definitely don't go into this card for preferred rewards...
You can put your money in treasury bills or bonds or stocks by opening a linked Merril Edge account. That's what most people are suggesting, rather than leaving it making nothing in the plain savings account.
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Joined Mar 2009
L2: Beginner
> bubble2 65 Posts
14 Reputation
thanhquanky
02-12-2024 at 10:32 AM.
02-12-2024 at 10:32 AM.
Quote from lesterhung :
Do NOT get ANYTHING related to this bank.
1. You cannot pay online, no way to add it, CS do not know why.
2. They do NOT even provide you a monthly stmt, no paper stmt, no e-stmt. Just NO stmt at all. CS does not know why.
3. Complaints with CFPB just go to a black hole.
this is my first ever credit card and it has been 11 years without issues.
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Joined Aug 2006
L7: Teacher
> bubble2 2,714 Posts
209 Reputation
lesterhung
02-12-2024 at 05:24 PM.
02-12-2024 at 05:24 PM.
Quote from thanhquanky :
this is my first ever credit card and it has been 11 years without issues.

Good for u
2
Reply
Joined Mar 2023
L1: Learner
> bubble2 23 Posts
10 Reputation
CoolPlant7682
02-13-2024 at 07:00 AM.
02-13-2024 at 07:00 AM.
Quote from VladPootin :
Exactly 💯%! 75% boost plus you get to choose a category (online purchases for me). With the rewards alone I pay my phone/Internet bill monthly 🙏

I used to be preferred, but felt my money was wasting away. What do people do with the amount of money in their account to stay preferred? The bonus was nice, but the HYSA in Ally made me switch
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Joined May 2014
Mr. President
> bubble2 320 Posts
46 Reputation
VladPootin
02-13-2024 at 07:05 AM.
02-13-2024 at 07:05 AM.
Quote from CoolPlant7682 :
I used to be preferred, but felt my money was wasting away. What do people do with the amount of money in their account to stay preferred? The bonus was nice, but the HYSA in Ally made me switch

You can also have your IRAs with them and that balance also counts
Reply
Joined Dec 2016
L3: Novice
> bubble2 125 Posts
111 Reputation
AL68
02-14-2024 at 05:43 PM.
02-14-2024 at 05:43 PM.
As a preferred member I get free safe deposit box, cashiers check and I think free notary. There are probably other perks I haven't figured out. You can open a cd or invest other ways with Merrill and get $100 for $20k invested. https://www.merrilledge.com/offers/600
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Joined Sep 2010
L5: Journeyman
> bubble2 748 Posts
408 Reputation
Flawless700
02-14-2024 at 08:01 PM.
02-14-2024 at 08:01 PM.
Quote from AL68 :
As a preferred member I get free safe deposit box, cashiers check and I think free notary. There are probably other perks I haven't figured out. You can open a cd or invest other ways with Merrill and get $100 for $20k invested. https://www.merrilledge.com/offers/600

Unlimited foreign atm withdrawals no fee, even at a crazy expensive atm like at the casino (my fav perk), regular checks for free, free stop payments, up to 4 checking and 4 savings account no fee.
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Joined Jul 2021
New User
> bubble2 2 Posts
10 Reputation
MilleniumGroupOwls
02-17-2024 at 07:18 AM.
02-17-2024 at 07:18 AM.
I just got the card, I couldn't believe it, it's one grade worse than the cheap samples some marketing companies send out as this card could be yours if you apply now. I thought it was a joke, but it's not, it's that low end. Makes Citibank CC's look good said no one until today.
3
Reply
Last edited by MilleniumGroupOwls February 17, 2024 at 07:22 AM.
Joined Jun 2005
L5: Journeyman
> bubble2 802 Posts
86 Reputation
jwr28s
02-17-2024 at 07:26 AM.
02-17-2024 at 07:26 AM.
I ran out of reasons to use this card when BofA retired the virtual card number product, ShopSafe. Loved that feature

I used to generate a card number for any sketchy ecommerce sites, subscriptions I planned to cancel, anything where I didn't trust the merchant

Why have most of the cc companies deprecated this?
1
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Joined Dec 2008
Divided states of America
> bubble2 4,912 Posts
236 Reputation
inquisitive
02-19-2024 at 10:42 AM.
02-19-2024 at 10:42 AM.
any preferential treatment for current BoA checking account holders? I have a. $20k account with them.

Quote from AL68 :
As a preferred member I get free safe deposit box, cashiers check and I think free notary. There are probably other perks I haven't figured out. You can open a cd or invest other ways with Merrill and get $100 for $20k invested. https://www.merrilledge.com/offers/600
All of those are free if you have a checking or savings account with BoA.

Quote from Flawless700 :
Unlimited foreign atm withdrawals no fee, even at a crazy expensive atm like at the casino (my fav perk), regular checks for free, free stop payments, up to 4 checking and 4 savings account no fee.
Really? I plan to go overseas in a few months for vacation. I am bringing my ATM bank card from my credit union. I might need to get an ATM card from BoA since i already have a checking account with them, but rarely use it. So you sure about the no fee at ATMs even overseas? Reason i ask is that i wanted to get some foreign currency before i go. BoA has some low exchange rates since they factored in fees, etc. Very poor so i didn't bother.

Quote from jaykobe :
For me it was 3% foreign transaction fee, negating the cash back, but now it is just a notice of foreign transaction without a fee. So 3% cash back on online shopping (excludes education, medical bills, and some gym payments through online portals).
so no 3% foreign transaction fee now?
Reply
Last edited by inquisitive February 19, 2024 at 10:58 AM.
Joined Jun 2005
L5: Journeyman
> bubble2 802 Posts
86 Reputation
jwr28s
02-20-2024 at 06:44 AM.
02-20-2024 at 06:44 AM.
Quote from inquisitive :
any preferential treatment for current BoA checking account holders? I have a. $20k account with them.

All of those are free if you have a checking or savings account with BoA.


Really? I plan to go overseas in a few months for vacation. I am bringing my ATM bank card from my credit union. I might need to get an ATM card from BoA since i already have a checking account with them, but rarely use it. So you sure about the no fee at ATMs even overseas? Reason i ask is that i wanted to get some foreign currency before i go. BoA has some low exchange rates since they factored in fees, etc. Very poor so i didn't bother.

so no 3% foreign transaction fee now?
Diamond tier (>$1.000,000) gets unlimited non-US ATM withdrawal fees covered.

Platinum tier (>$100,000?) and above get a discount on the exchange rate for foreign currency orders, which are shipped to you.

Not sure about foreign transaction fees on the credit card itself
Reply
Joined Nov 2016
L4: Apprentice
> bubble2 349 Posts
136 Reputation
TurboSri
02-20-2024 at 05:18 PM.
02-20-2024 at 05:18 PM.
This card doesn't have any 5% cash back (unlike Citi or Chase or Discover). Occasionally, some deals do come up… but hey, who the hell will be browsing their site to know what deals they have.

BofA rarely increases the credit limit automatically, and a customer-initiated limit increase needs a hard credit check.

They had a nice virtual card functionality, but that is no more offered. They stopped it like years ago.

This is simply a vanilla card. Not bad; but not great at all!
1
Reply
Joined Nov 2022
L6: Expert
> bubble2 1,568 Posts
209 Reputation
_lukas
02-22-2024 at 01:48 PM.
02-22-2024 at 01:48 PM.
Not sure why I just now got a notification for this card but I've had this card for years. The shit heads sent me mail asking me to switch to the cruddier card that offered lower % back on all categories and included rotating categories - AND GUESS WHAT? They automatically enrolled me without my consent. I don't really use the card anymore but that ticked me off
Reply
Joined Nov 2022
L6: Expert
> bubble2 1,568 Posts
209 Reputation
_lukas
02-22-2024 at 01:49 PM.
02-22-2024 at 01:49 PM.
Quote from TurboSri :
This card doesn't have any 5% cash back (unlike Citi or Chase or Discover). Occasionally, some deals do come up… but hey, who the hell will be browsing their site to know what deals they have.

BofA rarely increases the credit limit automatically, and a customer-initiated limit increase needs a hard credit check.

They had a nice virtual card functionality, but that is no more offered. They stopped it like years ago.

This is simply a vanilla card. Not bad; but not great at all!

The best all rounder as far as I'm aware is the PayPal credit card with 2% back on all categories. Not a great sign on bonus when I signed up years ago, though.

I think another card just began offering 2% back recently. I'm hoping the % back battle begins now
1
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Joined Sep 2012
L3: Novice
> bubble2 279 Posts
38 Reputation
mac87
02-23-2024 at 07:04 AM.
02-23-2024 at 07:04 AM.
I got this card and I'm planning to make a purchase on Wayfair. What category would it be - Home improvements/furnishing or online ?
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