Bank of America Customized Cash Rewards Credit Card
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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
| 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 | Concierge Services, Emergency Travel Assistance, Roadside Assistance |
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% to 28.24% (V) APR |
| Balance Transfers | 0% Intro APR for 15 months on balance transfers, then 18.24% to 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% to 28.24% (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 Status | Date | Credit Score | Bureau | Credit Limit |
|---|---|---|---|---|
| Approved | 01/23/2024 | Experian | ||
| Approved | 03/06/2023 | Experian | ||
| Approved | 03/06/2023 | Equifax | ||
| Approved | 03/06/2023 | TransUnion | ||
| Approved | 03/06/2023 | Experian | ||
| Approved | 11/29/2023 | Experian | ||
| Approved | 02/02/2024 | Not Provided | ||
| Approved | 07/10/2023 | Experian | ||
| Approved | 03/01/2024 | Experian | ||
| Approved | 12/26/2023 | Experian |
Pros & Cons
- Welcome offer
- No annual fee
- up to 3% cash back
- High APR
- Foreign transaction fee
- Requires good credit
- Spending cap
What Are the Best Alternatives?
Chase Freedom Unlimited®
Rating
4.9
Rewards Range
1.5% - 5%
Annual Fee
$0
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
Rating
4.5
Rewards Range
1% -10%
Annual Fee
$0