Herman Powell, Member
@herman_powell
The Bank of America Student Cash Rewards minimum payment is $35 or 1% of your revolving balance plus fees and interest, whichever amount is greater. If your balance is less than $35, the minimum payment equals the amount you owe.
As long as you make this minimum payment by the due date each month, your account will remain in good standing. But only by paying your balance in full will you be able to avoid interest.
Did we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertisers compensate WalletHub when you click on a link, or your application is approved, or your account is opened. Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.