Bank of America Customized Cash Rewards Credit Card

The Bank of America® Customized Cash Rewards Credit Card is a rewards card designed for those who charge $2,500 a quarter or less. You can choose from among six different categories to earn the 3% cash back (gas is the default category until you change it). You also get 2% cash back at grocery stores and wholesale clubs, but there is a cap: you are limited to $2,500 per quarter for both the 3% and the 2% cash back. If you have a Bank of America checking account or a Merrill investment account you can earn more rewards. We dive into the details and your approval odds in this BoA Customized Cash review.

Our Rating

4.4/5.0

Welcome Offer

$200

Annual Fee

$0

0% on Purchases

15 months

Reward Rate

1% – 5.25%

0% on Balance Transfers

15 months

>>Check Out This and Other Cash Back Credit Cards Here

Welcome Offer

Earn a $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening

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 PerksConcierge Services, Emergency Travel Assistance, Roadside Assistance

Rewards

1% cash back
On all other eligible purchases
1% cash back on all other purchases
2% cash back
U.S. supermarkets
2% cash back at grocery stores and wholesale clubs. Earn 3% and 2% cash back on the first $2,500 in combined purchases each quarter in the choice category, and at grocery stores and wholesale clubs, then earn unlimited 1% thereafter.
3% cash back
Select Categories
Get 3% cash back in the category of your choice: 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. Earn 3% and 2% cash back on the first $2,500 in combined purchases each quarter in the choice category, and at grocery stores and wholesale clubs, then earn unlimited 1% thereafter.

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

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: 665

Average Approved Credit Score: 731

App StatusDateCredit ScoreBureauCredit Limit
Approved01/23/2024
748
Experian
$19,000
Approved03/06/2023
679
Experian
$10,000
Approved03/06/2023
699
Equifax
$10,000
Approved03/06/2023
713
TransUnion
$10,000
Approved03/06/2023
665
Experian
$4,000
Approved11/29/2023
764
Experian
$10,000
Approved02/02/2024
800
Not Provided
$24,000
Approved07/10/2023
802
Experian
$24,000
Approved03/01/2024
720
Experian
$500
Approved12/26/2023
715
Experian
$14,000

Pros & Cons

Pros
  • Welcome offer
  • No annual fee
  • up to 3% cash back
Cons
  • High APR
  • Foreign transaction fee
  • Requires good credit
  • Spending cap

What Are the Best Alternatives?

Chase Freedom Unlimited®
Chase Freedom Unlimited®

Rating

4.9

Rewards Range

1.5% - 5%

Annual Fee

$0

Blue Cash Preferred® Card from American Express
Blue Cash Preferred® Card from American Express

Rating

4.5

Rewards Range

1%-6%

Annual Fee

$0 intro annual fee for the first year, then $95.

Capital One SavorOne Cash Rewards Credit Card
Capital One SavorOne Cash Rewards Credit Card

Rating

4.5

Rewards Range

1% -10%

Annual Fee

$0

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