Bank of America Customized Cash Rewards: Flexible Cashback by Category
The Bank of America® Customized Cash Rewards Credit Card offers flexibility for cardholders who want to earn higher cashback in categories that fit their lifestyle. It allows you to choose your preferred category to earn 3% cashback, plus 2% cashback on grocery stores and wholesale clubs (on the first $2,500 in combined purchases each quarter), and 1% cashback on all other purchases.
Key Features of Bank of America Customized Cash Rewards
- 3% Cashback: Choose one category to earn 3% cashback each billing cycle (options include gas, online shopping, dining, travel, and more).
- 2% Cashback: Earn 2% cashback at grocery stores and wholesale clubs on the first $2,500 spent per quarter.
- 1% Cashback: Unlimited 1% cashback on all other purchases.
- No Annual Fee: Earn cashback rewards without paying a yearly fee.
- Preferred Rewards Bonus: Bank of America customers enrolled in the Preferred Rewards program can earn 25% to 75% more cashback.
Why Choose Bank of America Customized Cash Rewards?
This card is ideal for consumers who want to customize their cashback earnings according to their spending habits. The ability to pick a category each month and earn elevated rewards offers flexibility that few cashback cards provide.
The Preferred Rewards program can boost your earnings significantly if you’re an existing Bank of America customer.
Tips to Maximize Your Cashback
- Choose the cashback category that aligns with your biggest spending area each month.
- Maximize 2% cashback by using the card for grocery and wholesale club purchases.
- Enroll in the Preferred Rewards program if eligible to increase your cashback bonus.
- Use the card for all other purchases to earn 1% cashback.
Who Should Apply?
This card suits:
- Cardholders wanting to customize cashback categories
- Bank of America customers looking to boost rewards
- People who want a no-annual-fee cashback card with flexibility
- Consumers who spend across varied categories
Conclusion
The Bank of America Customized Cash Rewards Credit Card offers a flexible and rewarding cashback program tailored to your spending habits. With no annual fee and the opportunity to boost rewards through the Preferred Rewards program, it’s a great option for many U.S. consumers.
