The Bank of America® Customized Cash Rewards credit card credit score requirement is 750 at a minimum. That means applicants for the Bank of America Cash Rewards credit card need excellent credit to be approved. A few people report being approved with lower scores but that’s not typical. The Bank of America® Customized Cash Rewards credit card shares the same credit score requirement as a number of other BofA cards. Those include the BankAmericard® credit card, the Bank of America® Premium Rewards® credit card and the Bank of America® Travel Rewards credit card.
An excellent credit score does not guarantee you’ll be approved for the Bank of America® Customized Cash Rewards credit card. But it is a key factor when reviewing the application. Bank of America will also consider annual income, employment status, monthly mortgage/rental payment, current debt, payment history and more.
If you meet the Bank of America® Customized Cash Rewards credit card credit score requirement and are approved, you’ll earn 3% cash back on the category of your choice and 2% cash back at grocery stores and wholesale clubs, up to $2,500 spent each quarter. You’ll also receive a $200 bonus for spending $1,000 in the first 90 days. In addition, there’s an introductory APR of 0% for 15 billing cycles on purchases and 0% for 15 billing cycles on balance transfers. The card has a $0 annual fee.
Bank of America® Customized Cash Rewards credit card credit score and other requirements:
Minimum credit score: Good.
Other factors: Annual income, employment status, existing debt, payment history, monthly mortgage or rental payment and more.
Minimum age: 18 years old for U.S. citizens. Must provide proof of independent income to make monthly payments, or have a co-signer 21 years or older.
Personal information: Includes name, address and birthdate. Must give a physical address, not a P.O. Box. You will also need one of the following: A Social Security number (SSN), a passport or an Individual Tax Identification Number (ITIN).
There are other Bank of America cash rewards cards with their own credit score requirements. Business owners will need an excellent personal credit score in order to have a decent chance of being approved for the Business Advantage Customized Cash Rewards Credit Card. The Business Advantage card offers 3% cash back on your choice of one of the offered categories which include gas stations and office supply stores up to $50,000 spent per year.
If you’re a student with limited credit, you’ll have good odds of being approved for the Bank of America® Customized Cash Rewards Credit Card for Students. It has a similar rewards structure as the regular Bank of America® Customized Cash Rewards credit card. It offers 3% cash back in the category of your choice, 2% cash back at grocery stores and wholesale clubs and 1% cash back on all other purchases. It also offers a $200 bonus for spending $1,000 in the first 90 days.
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