Chip Lupo, Credit Card Writer
@CLoop
Capital One credit cards are better than Bank of America credit cards overall because they have more rewards-earning potential and a wider variety of cards for different needs. Capital One’s credit card rewards program also holds a slight edge over Bank of America’s, according to WalletHub’s latest credit card rewards study.
Bank of America still is a great option, though. Like Capital One, BofA offers credit cards for nearly every type of customer, including some of the best options available for people looking to rebuild their credit. Bank of America also posts a much higher customer service ranking than Capital One, based on WalletHub’s research.
Compare Bank of America vs. Capital One Credit Cards
| Category | Best Bank of America Credit Card | Best Capital One Card | Winner |
| Cash Back | Bank of America | ||
| Initial Bonus | Capital One | ||
| Travel Rewards | Capital One | ||
| Low Interest | Capital One | ||
| No Annual Fee | Bank of America | ||
| Business | Bank of America® Business Advantage Travel Rewards World Mastercard® credit card | Capital One | |
| Student | Bank of America® Unlimited Cash Rewards credit card for Students | Capital One | |
| Rebuilding Credit | Bank of America |
Bank of America vs. Capital One Credit Cards by the Numbers
Cards in Circulation: Capital One is the second-largest credit card company in the U.S., based on the number of cards in circulation, whereas Bank of America ranks 6th.
Credit Card Options: Bank of America has more credit card offers overall, but with co-branded offers excluded, Capital One leads the way.
Customer Satisfaction: Bank of America finished 5th in WalletHub’s most recent credit card customer satisfaction rankings, with 89.18 points out of 100. Capital One placed near the bottom of the list at 13th, with 83.43 points.
Reviews on WalletHub: Bank of America has an average rating of 3.7/5 stars, matching Capital One’s 3.7/5 rating.
Rewards Value: Bank of America points are worth 0.85 cents per 1 point on average, according to WalletHub research. Capital One miles have an average value of 0.72 cents per 1 mile.
To learn more and to view even more options, check out WalletHub’s editors’ picks for the best Bank of America credit cards and the best Capital One credit cards.
Popular Bank of America Credit Cards
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Small Business
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
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People also ask
Which bank has the best credit cards?
The banks with the best credit cards are Capital One, Citibank, Bank of America and Discover. These top-10 credit card companies all have good credit card offers for people across the creditworthiness spectrum, and most major banks offer at least one credit card that would be best for someone.
People have different opinions on the best credit card company for one reason or another. Customer service is important to some credit card users. Others are attracted to...
read full answer by John S Kiernan, Managing EditorWhat are the disadvantages of Capital One credit cards?
The biggest disadvantage of Capital One credit cards is that most have high APRs, which makes carrying a balance very expensive. Fortunately, you can avoid this disadvantage altogether if you pay your credit card bill in full every month, as you won’t owe any interest.
Capital One Credit Card Disadvantages
- High APRs: Some Capital One credit cards have a higher interest rate on balances carried from month to month than the average...
What are the disadvantages of Bank of America credit cards?
The biggest disadvantage of Bank of America credit cards is that most have high APRs, which makes carrying a balance very expensive. Fortunately, you can avoid this disadvantage altogether if you pay your credit card bill in full every month, as you won’t owe any interest.
Bank of America Credit Card Disadvantages
- High APRs: Most Bank of America credit cards have relatively high APRs compared to the average credit card offer.
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