The Bank of America rewards categories include gas, online shopping, grocery stores and more, depending on the card. When cardholders make purchases that fall into a BofA card’s bonus categories, they earn extra rewards compared to the card’s base earning rate.
Here are the Bank of America rewards categories:
- online shopping
- drug stores
- home improvement/furnishings
- wholesale clubs
- grocery stores
Whether a purchase falls into a card’s bonus categories depends on the merchant category codes. These codes are assigned by the major credit card networks to merchants based on what kind of business they conduct. So, if a merchant has the MCC for “grocery stores,” for example, purchases made at that merchant will earn bonus rewards on cards that include “grocery stores” as a bonus category.
Some Bank of America credit cards have certain fixed rewards categories plus additional categories that you can choose from a list. For example, the Bank of America Customized Cash Rewards credit card always has the grocery stores and wholesale clubs category. But cardholders can pick an additional bonus category from the following list: gas, online shopping, dining, travel, drug stores and home improvement/furnishings.
More info regarding the Bank of American rewards categories:
There’s one other major type of Bank of America rewards category. BofA cards that are co-branded with a certain merchant typically offer bonus rewards on purchases made with the partnered merchant. Some examples are the Alaska Airlines Credit Card, the Norwegian Cruise Line® Credit Card and the Sonesta Credit Card.
If you’re looking to get a Bank of America rewards credit card, it’s a good idea to pick a card that offers the opportunity to earn bonus rewards in your most frequent purchase categories. Alternatively, you might want to get a card that offers a flat rewards rate on all purchases, like the Bank of America® Travel Rewards credit card.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines
. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.