Bank of America® Customized Cash Rewards Credit Card for Students
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The Bank of America® Customized Cash Rewards Credit Card for Students is a cash back rewards card designed for students. It’s similar to the Bank of America® Customized Cash Rewards Credit Card but targeted to students. Cardholders choose from several categories to earn 3% cash back, but there’s a cap of $2,500 per quarter for the bonus category and the 2% grocery category combined. There’s a 0% intro APR offer on both purchases and balance transfers and no annual fee. However, applicants will need good credit to get this card. We dive into the details and your approval odds in this BoA Customized Cash for Students review.
Our Rating
4.5/5.0
Welcome Offer
$200 cash rewards bonus
Annual Fee
$0
0% on Purchases
15 billing cycles
Reward Rate
1% – 3% cash back
0% on Balance Transfers
15 billing cycles
Welcome Offer
Online $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening.
Features & Benefits
| Security | EMV Chip Enabled, Fraud Monitoring, Zero Liability, Alerts |
| Contactless Payments | Tap to Pay, Apple Pay, Google Pay, Samsung Pay |
| Benefits | Free credit score access, 24/7 customer service |
| Travel Perks | None |
Rewards
Interest Rates & Fees
| Annual Fee | $0 |
| Foreign Transaction Fee | 3% of the U.S. dollar amount of each transaction made in a foreign currency. This fee will be in addition to any other applicable fee. |
| Regular APR | 18.24% - 28.24% (V) APR |
| Balance Transfers | 0% Intro APR for 15 months on balance transfers, then 18.24% - 28.24%(V) APR after that. |
| Balance Transfer Intro Fee | 3% Intro balance transfer fee for the first 60 days your account is open. After the intro balance transfer fee offer ends, the fee for all future balance transfers is 4%. |
| Balance Transfer Fee | After the intro balance transfer fee offer ends, the fee for all future balance transfers is 4%. |
| Purchases | 0% Intro APR for 15 months on purchases, then 18.24% - 28.24% (V) APR after that. |
What Credit Score Is Required to Get the Bank of America® Customized Cash Rewards Credit Card for Students
The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use numerous factors in their underwriting process, and these factors can change at any time.
Lowest Approved Credit Score: 770
Average Approved Credit Score: 770
| App Status | Date | Credit Score | Bureau | Credit Limit |
|---|---|---|---|---|
| Approved | 11/04/2023 | Not Provided |
Pros & Cons
- Welcome offer
- No annual fee
- Up to 3% cash back
- High APR
- Foreign transaction fee
- Requires good credit
- Spending cap on 3% and 2% cash back categories
What Are the Best Alternatives?
Capital One SavorOne Student Cash Rewards Credit Card
Rating
4.5
Rewards Range
1 to 3% cash back
Annual Fee
$0
Capital One Quicksilver Student Cash Rewards Credit Card
Rating
4.4
Rewards Range
1.5% - 10%
Annual Fee
$0
Chase Freedom Rise℠
Rating
4.2
Rewards Range
1.5% cash back
Annual Fee
$0