Is Bank of America Cash Rewards a cash back credit card? This question is about the Bank of America® Customized Cash Rewards credit card

Is Bank of America Cash Rewards a cash back credit card?

This question is about the Bank of America® Customized Cash Rewards credit card

Adam McCann, Financial Writer

@adam_mcan • 09/08/21 This answer was first published on 09/08/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Yes, the Bank of America® Customized Cash Rewards credit card is a cash back credit card, which gives 1 - 3% cash back on purchases and has an annual fee of $0. The Bank of America Customized Cash Rewards credit card also offers an initial bonus of $200 for spending $1,000 in the first 90 days after account opening. Once you earn cash back on your Bank of America Customized Cash Rewards credit card, you can redeem it for a statement credit, or a deposit into an eligible checking or savings account.

If you’re on the fence about whether or not to apply for the Bank of America Customized Cash Rewards credit card, you can always check out WalletHub’s picks for the best cash back credit cards from various issuers. It’s good to consider multiple cash back credit card options before submitting an application.

How can I redeem my Bank of America cash rewards?

The easiest way you can redeem your Bank of America cash rewards is either online or through the mobile app. Alternatively, you can do it over the phone, by calling customer service at (800) 434-8313.

How to Redeem Your Bank of America Cash Rewards Online

Log in to your Bank of America credit card account.
Select the “Rewards” tab.
Choose a redemption option.
Select the amount of cash back to redeem.
...

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What is the best Bank of America credit card with a $200 bonus offer?

The best Bank of America credit card with a $200 bonus offer is the Bank of America® Customized Cash Rewards credit card. This card offers $200 for spending $1,000 in the first 90 days after opening the account. Plus, you can earn 1 - 3% cash back on purchases. The card’s annual fee is $0.

Best Bank of America Credit Cards With a $200 Bonus in 2023

Best Overall: Bank of America® Customized Cash Rewards credit cardBank of America® Customized Cash Rewards credit cardLearn MoreLearn Moreon issuer's website

The Bank of America Customized Cash Rewards credit card offers $200 for spending $1,000 in the first 90 days. Plus, you can earn 3% cash back in a category of your choice and 2% back at grocery stores and wholesale clubs (up to $2,500 spent quarterly), plus unlimited 1% cash back on all other purchases.

The card’s annual fee is $0 and you need excellent credit for approval.

Unlimited Cash Back: Bank of America® Unlimited Cash Rewards credit cardBank of America® Unlimited Cash Rewards credit cardLearn MoreLearn Moreon issuer's website

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Do Bank of America rewards expire?

Bank of America rewards do not expire as long as the account is open and in good standing. You will forfeit any rewards you have yet to redeem if you or Bank of America closes your account for any reason.

Although Bank of America rewards don't expire until the account is closed, it's still a good idea to redeem your rewards as often as possible. Just bear in mind that Bank of America will not allow...

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