Bank of America® Customized Cash Rewards Credit Card for Students

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.

Bank of America Customized Cash Rewards Credit Card for Students

Our Rating

4.5/5.0

Welcome Offer

$200 cash rewards bonus

Annual Fee

$0

0% Intro on Purchases

15 billing cycles

Reward Rate

1% – 3% cash back

0% Intro 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.

Editorial Review

Features & Benefits

SecurityEMV Chip Enabled, Fraud Monitoring, Zero Liability, Alerts
Contactless PaymentsTap to Pay, Apple Pay, Google Pay, Samsung Pay
BenefitsFree credit score access, 24/7 customer service
Travel PerksNone

Rewards

1% cash back
On all other eligible purchases
Unlimited 1% cash back on all other purchases.
2% cash back
U.S. supermarkets
Automatic 2% cash back at grocery stores and wholesale clubs.
3% cash back
Select Categories
Choose which category you want to earn 3% cash back in: gas and EV charging stations; online shopping, including cable, internet, phone plans and streaming; dining; travel; drug stores and pharmacies; or home improvement and furnishings.

Interest Rates & Fees

Annual Fee$0
Foreign Transaction Fee3% 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 APR19.24% to 29.24% (V) APR
Balance Transfers0% Intro APR for 15 months on balance transfers, then 19.24% to 29.24%(V) APR after that.
Balance Transfer Intro Fee3% 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 FeeAfter the intro balance transfer fee offer ends, the fee for all future balance transfers is 4%.
Purchases0% Intro APR for 15 months on purchases, then 19.24% to 29.24% (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 StatusDateCredit ScoreBureauCredit Limit
Approved11/04/2023
770
Not Provided
$6,000

Pros & Cons

Pros
  • Welcome offer
  • No annual fee
  • Up to 3% cash back
Cons
  • 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
Capital One SavorOne Student Cash Rewards Credit Card

Rating

4.5

Rewards Range

1% to 10% cash back

Annual Fee

$0

Capital One Quicksilver Student Cash Rewards Credit Card
Capital One Quicksilver Student Cash Rewards Credit Card

Rating

4.4

Rewards Range

1.5% - 10%

Annual Fee

$0

Chase Freedom Rise℠
Chase Freedom Rise℠

Rating

4.2

Rewards Range

1.5% cash back

Annual Fee

$0

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