Bank of America® Unlimited Cash Rewards credit card
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- Bank of America® Unlimited Cash Rewards credit card
Bank of America® Unlimited Cash Rewards credit card Review
With unlimited cash back rewards on purchases, the Bank of America® Unlimited Cash Rewards credit card is an excellent card to consider for your wallet.
Editor
Earn a $250 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening
on Bank of America's secure site
- Earn a $250 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening
- Earn 1.5% cash back on all purchases
- 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After that, 17.49% - 27.49% Variable APR on purchases and balance transfers. A fee of 3% for 60 days from account opening, then 5% applies to all balance transfers.
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- Excellent/Good
Our Expert Review
Why We Like It
Offer Rating
4.5/ 5
By Our Content Team
The Bank of America® Unlimited Cash Rewards credit card is an exciting offer that comes with a simple rewards program that allows cardholders to earn unlimited 1.5% cash back on all purchases. That means whether you're spending on groceries, shopping, or just paying monthly bills with your credit card, you will earn the same generous rewards rate.
This card also offers a $250 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening. As if that weren't enough, there's also no annual fee for cardholders. A final reason to choose this card is the lengthy intro APR – as a new cardholder you receive 0% Intro APR for 15 billing cycles for purchases plus 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days. That can really come in handy if you need to finance a big purchase or want to transfer an existing balance from your current credit card. After the intro period is up, the ongoing APR is 17.49% - 27.49% Variable APR on purchases and balance transfers. A fee of 3% for 60 days from account opening, then 5% applies to all balance transfers.
Pros & Cons
Pros
- Enjoy no-hassle rewards with unlimited 1.5% cash back on all purchases
- Earn a hefty $250 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening
- No annual fee and a lengthy period of low interest on purchases and balance transfers
Cons
- There is a balance transfer fee of 3% for 60 days from account opening, then 5%
- A 3% foreign transaction fee applies when using your card overseas
