Bank of America® Unlimited Cash Rewards Credit Card for Students

The Bank of America® Unlimited Cash Rewards Credit Card for Students is a flat-rate cash back card designed for students. It’s not a bad deal for a student card: not only do you get cash back on every purchase, but there’s a decent welcome bonus. Plus you get 0% introductory APR on purchases and balance transfers for 15 months (transfers must be made within the first 60 days). We dive into the details and your approval odds in this Bank of America Unlimited for Students review.

Bank of America Unlimited Cash Rewards Credit Card for Students

Our Rating

4.2/5.0

Welcome Offer

Online $200 cash rewards bonus

Annual Fee

$0

0% Intro on Purchases

15 months

Reward Rate

1.5% cash back

0% Intro on Balance Transfers

15 months

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
Travel PerksNone

Rewards

1.5% cash back
All eligible purchases
Earn unlimited 1.5% cash back on all purchases

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 APR18.24% to 28.24% (V) APR
Balance Transfers0% Intro APR for 15 months on balance transfers, then 18.24% to 28.24%(V) APR after that.
Balance Transfer Intro FeeThe Introductory Balance Transfer Fee is 3% for transactions made within 60 days of opening your account. After that, your Balance Transfer Fee is 4% of the amount of the transaction
Balance Transfer FeeThe Introductory Balance Transfer Fee is 3% for transactions made within 60 days of opening your account. After that, your Balance Transfer Fee is 4% of the amount of the transaction
Purchases0% 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® Unlimited 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: 725

Average Approved Credit Score: 728

App StatusDateCredit ScoreBureauCredit Limit
Approved06/22/2023
727
Experian
$16,500
Approved06/22/2023
725
Equifax
$16,500
Approved06/22/2023
731
TransUnion
$16,500

Pros & Cons

Pros
  • Welcome offer
  • No annual fee
  • Unlimited 1.5% cash back
Cons
  • High APR
  • Foreign transaction fee
  • Requires good credit

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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