The best Bank of America® Customized Cash Rewards credit card benefits are purchase security, extended warranty protection, and lost luggage reimbursement. Purchase security covers eligible items against theft or damage, while the extended warranty benefit adds up to 1 year to a purchased item’s existing manufacturer’s warranty. In addition, lost luggage reimbursement provides up to $3,000 per trip for baggage that’s lost by a travel provider or stolen.
Bank of America Cash Rewards credit card Benefits
Extended Warranty Protection
Contactless Chip Technology
Travel and Emergency Assistance Services
Lost Luggage Reimbursement
Zero Liability Fraud Protection
Account Activity Alerts
Paperless Statement Option
Digital Wallet Technology
Along with these benefits, the Bank of America Cash Rewards credit card has a $0 annual fee and gives rewards on all purchases. As long as you have excellent credit, the Bank of America Cash Rewards credit card is certainly a card to consider adding to your wallet.
Bank of America® Customized Cash Rewards credit card
No, Bank of America Cash Rewards credit card does not have travel insurance. While Bank of America Cash Rewards credit card does have benefits such as overdraft protection and zero liability protection, travel insurance is not among the card’s perks. This is because the Bank of America Cash Rewards credit card is made for people who want good rewards on everyday spending.… read full answer
You can redeem your Bank of America cash rewards in three ways: statement credit, direct deposit to a BofA/Merrill Lynch account, or personal check. Cardholders must have a minimum of $25 in cash back earned in order to redeem, regardless of redemption method.
Using your Bank of America cash rewards for a statement credit is one of the simplest options. Once you have at least $25 in cash rewards, you can directly apply your rewards as a statement credit and the amount will be subtracted from your current balance.… read full answer
To redeem your cash rewards for a direct deposit, you must have a Bank of America checking or savings account, or a Cash Management Account at Merrill Lynch.If you choose to redeem your rewards using the personal check option, you should expect to wait at least 14 days for the check to arrive by mail.
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