The Bank of America Unlimited Cash Rewards credit card might be exactly what you’re looking for. With a cashback program valid on all purchases and no annual fee, it stands out in the financial world.
And that’s not all, as the card offers international acceptance through the Visa network and also has 0% introductory APR for 15 months on balance transfers and purchases, greatly benefiting new customers.
If you want to start using a practical, secure, and efficient payment method that also offers an unlimited cashback program, keep reading to find out how to apply for this option offered by Bank of America.
About the Issuer
Bank of America is one of the largest and oldest banks in the United States, known for offering a wide range of financial products. By opting for the Bank of America Unlimited Cash Rewards, you are choosing a card from a financial institution with decades of experience and solidity.
Trust in the bank is reflected in the quality and security they guarantee in their products, including this credit card. Furthermore, Bank of America has a strong focus on innovation and technology, providing its customers with a smooth and secure digital experience.
By integrating services such as the mobile app and 24-hour assistance, the bank ensures that customers can manage their accounts easily and securely from anywhere in the world.
Benefits
Simple and Efficient Cashback: The main benefit of the card is the unlimited 1.5% cashback on all purchases. This means that regardless of what you buy, you will always earn a percentage back in cash without worrying about rotating categories or maximum reward limits.
Welcome Bonus: For new cardholders, Bank of America offers a $200 cashback welcome bonus. To qualify, you need to spend at least $1,000 within the first 90 days of account opening. This bonus is a great way to start accumulating rewards quickly.
Increased Rewards for Preferred Rewards Members: If you are a member of the Bank of America Preferred Rewards program, you can significantly increase your rewards. Depending on your level in the program, you can earn 25% to 75% more cashback on all purchases. This means that the 1.5% cashback can turn into up to 2.62%, which is an excellent return, especially for a no-annual-fee card.
No Annual Fee: The card has no annual fee, making it an even more appealing option for those seeking incredible benefits without additional costs.
Intro Zero APR: The card also offers 0% introductory APR on purchases and balance transfers for 15 billing cycles. This can be especially useful for those planning to make a large purchase or consolidate existing debt without paying interest during the promotional period.
Bank of America Unlimited Cash Rewards Credit Card – Fees and commissions
The Bank of America Unlimited Cash Rewards does not charge an annual fee, making it accessible to everyone. Additionally, it offers a 0% introductory APR on purchases and balance transfers for 15 billing cycles.
However, a 3% fee applies to international transactions, which can be a drawback for frequent travelers. Fees and conditions may change without notice, so it’s always important to review the terms on the bank’s official website before applying for the card.
Card limit
The credit limit for the Bank of America Unlimited Cash Rewards is determined based on the applicant’s financial profile. This includes factors such as credit history, income, and financial relationship with the bank.
Customers with a good credit history and a solid relationship with Bank of America, especially those participating in the Preferred Rewards program, may be eligible for higher credit limits.
For new customers or those with limited credit history, the initial limit may be lower but can be increased over time based on responsible card use and timely bill payments.
Positive points
- Simple Cashback:No complex categories, 1.5% on all purchases.
- No Annual Fee:Save on recurring fees.
- Welcome Bonus:$200 after spending $1,000 in 90 days.
Negative points
- International Transaction Fee:3% on purchases made outside the U.S.
- Low Rewards Without Preferred:The 1.5% cashback is low compared to other cards.
- Limit Based on History:Credit limits may be low for new customers.
How to apply for Bank of America Unlimited Cash Rewards Credit Card
The first step to start accumulating cashback with the Bank of America Unlimited Cash Rewards is to follow these steps:
- Access the Bank of America website;
- On the credit cards page, click on the Bank of America Unlimited Cash Rewards;
- Check out everything it has to offer and click on the “Apply now” option;
- Fill out the application form;
- Provide personal and financial information;
- Submit the application for review;
- Wait for approval via email or mail.
How to contact Bank of America
Do you have questions about the Bank of America Unlimited Cash Rewards credit card? Contact the bank:
- Phone: 800 932 2775
- Online Chat: Use the chat on the website or app for immediate assistance;
- Branch: Visit the nearest branch and receive in-person service.
The Bank of America Unlimited Cash Rewards credit card is an excellent choice for those looking for a straightforward card with the possibility to maximize rewards. Don’t miss the opportunity to explore this card and apply to take advantage of its benefits!
