Bank of America's Customized Cash Rewards Credit Card comes with an introductory bonus of $200 in online cash rewards after spending $1,000 in the first three months of account opening.
This is in addition to the 0% intro APR that you'll enjoy for the first 18 billing cycles.
How To Earn The Bonus
The Bank of America® Customized Cash Rewards promotion requires you to make purchases using the account's card in order to earn the $200 bonus (step-by-step breakdown is listed above!).
As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.
The fine print
- Limit 1 bonus cash rewards offer per new account.
- This one-time promotion is limited to customers opening a new account in response to this offer and will not apply to requests to convert existing accounts.
- Your account must be open with active charging privileges in order to receive this offer.
- Other advertised promotional bonus cash rewards offers can vary from this promotion and may not be substituted.
Learn more about the Bank of America® Customized Cash Rewards bonus offer before it expires
How does this Personal Card from Bank of America compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
Capital One
Capital One Venture X Rewards Credit Card
- Bonus
- 75,000 Miles
- Account Type
- Personal Card
- Annual Fee
- $395
Amex
American Express® Gold Card
- Bonus
- 60,000 Points
- Account Type
- Personal Card
- Annual Fee
- $325
Amex
Blue Cash Preferred® Card from American Express
- Bonus
- $250
- Account Type
- Personal Card
- Annual Fee
- $0 intro annual fee for the first year, then $95.
Why Bank of America?
Bank of America is one of the "big four" banks in the United States, and is headquartered in Charlotte, but operates in more than 35 countries around the world. Merrill Investing also falls under the Bank of America umbrella, and between the two brands, you can find nearly any financial product you'd want: checking and savings accounts, home and auto loans, HSAs, business products, credit cards, CDs, money market accounts, IRAs, and more.
Their online and mobile tools offer a solid digital experience with alerts, mobile check deposits, spending charts, easy card replacement requests, digital wallets and more. Customers also tend to rank their service favorably, with convenient support hours and real humans on the other line.
The trade off to a plethora of banking products, a huge network of physical locations and ATMs, and a well-reviewed digital experience are the same as most of the other big banks: don't expect wow-ing interest rates. Plus, you'll want to be sure to avoid their penalty fees, which are steep and can be harsh. For example, their overdraft fee is $35, and their policy allows them to charge it as often as 4 times each day.
Learn more in our Bank of America review
Bank of America® Customized Cash Rewards
Pros
Cons
Learn more about the Bank of America® Customized Cash Rewards bonus offer before it expires