Many excellent Bank of America credit card options are available. These cards offer a wide range of benefits such as cash back and travel reward points. Your financial situation and personal preferences will determine which card is best for you. Bank of America credit cards offer excellent benefits for both students and business owners. You should choose a card that offers strong benefits and rewards. If you're looking for the best travel rewards credit card, check out the Bank of America Business Advantage Customized Cash Rewards Mastercard.
Bank of America Customized Cash Rewards Mastercard Bank of America Advantage
Flexible rewards for business owners can be found in the Bank of America Business Advantage Customized cash Rewards Credit Card. With just a minimum spending requirement of $3,000 per calendar year, this card gives you up to $300 back in statement credits each year. You can also earn two percent cashback on dining purchases, and one percent on all other purchases. These rewards can accumulate up to $50,000 in credit card limits.
Applicants must have a FICO(r) score of 720 or higher to qualify for this card. Although there is no minimum credit score, most applicants will be approved if they have a credit score of excellent to excellent. The Bank of America Business Advantage Cash Rewards Mastercard comes with a 3% foreign transaction charge.
The customer can earn cash back and redeem it for a statement credits, cash, or a check. Bank of America offers monthly category change. The cash back earnings can be automatically invested into an investment account at Merrill Lynch or directly into a Bank of America.
Bank of America Premium rewards card
Bank of America Premium Credit Card is a great option if you want to earn generous rewards without paying a high annual fee. The card's low annual fees and modest sign-up bonus make them a popular choice for many consumers. Additionally, the bank's card offers enhanced rewards tiers for Merrill account holders and Preferred Rewards Members. With this card, you can earn points for all of your purchases, even those that don't require a cash-back option, and you can redeem them for travel, cash back, or gift cards.
The best thing about the Bank of America Premium Reward credit card is the fact that there is no foreign transaction fee. This can be as high as 1.49% of international purchases. The downside is that you must have top-tier credit to qualify for this card, which can be a challenge for most consumers.
Bank of America Cash Rewards Credit Card for Students
Students who are looking for a card that offers cash back and a range of benefits will love the Bank of America Cash Reward Credit Card for Students. This card has a $0 liability guarantee on fraudulent transactions and several features designed to help students manage their finances. The rewards program is extensive and allows you to earn points on every purchase. It also offers a variety bonuses including one that will match your cashback in different categories.
Students can redeem their rewards through a variety of methods, including statements credits, Bank of America account deposits and paper checks. As long as you keep an active account, your credit card won't expire.