What are the Bank of America rewards categories? This question is about Bank of America Credit Cards

What are the Bank of America rewards categories?

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This question is about Bank of America Credit Cards

Adam McCann, Financial Writer

@adam_mcan • 03/10/23 This answer was first published on 01/19/21 and it was last updated on 03/10/23.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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The Bank of America rewards categories include gas, online shopping, grocery stores, and travel, depending on the card. When cardholders make purchases that fall into one of Bank of America card’s bonus categories, they earn extra rewards compared to the card’s base earning rate.

Whether a purchase falls into a card’s bonus categories depends on the merchant category codes (MCC). 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”, 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. For example, the Bank of America® Customized Cash Rewards credit card offers two fixed categories: grocery stores and wholesale clubs. But cardholders can pick an additional bonus category from the following list: gas, online shopping, dining, travel, drug stores, and home improvement/furnishings.

Other Bank of America Rewards Categories

There’s one other major type of Bank of America rewards category, offered by the issuer’s co-branded cards. More specifically, cards that are affiliated with a certain merchant typically offer bonus rewards on purchases made with that specific partner.

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.

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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 included in the Bank of America online shopping category?

The Bank of America online shopping category includes bookstores, clothing stores, and department stores, among others. This category gives you rewards for purchases made online or with a mobile app from merchants such as Amazon, Apple, Best Buy, Macy’s, and Target.

Keep in mind that the online shopping category list is not exhaustive. Different types of purchases may be eligible as well.

Here is the Bank of America online shopping category list:

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How do I redeem my Bank of America rewards?

To redeem Bank of America rewards, sign in to your online account and select the “Rewards” tab, which will show the available cash back, points, or miles, along with the different redemption options. It’s also possible to redeem rewards through the Bank of America mobile app or by calling (800) 434-8313 and pressing 2. This line is available Monday to Friday, 9 a.m. to 9 p.m. ET.

Best Way to Redeem Bank of America Rewards

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