Many excellent Bank of America credit card options are available. These cards offer numerous benefits, including travel rewards and cashback. Your financial situation and personal preferences will determine which card is best for you. Bank of America creditcards are great for students as well as business owners. Strong benefits and rewards are important. The Bank of America Business Advantage Customized cash rewards mastercard is the best choice for travel rewards credit cards.
Bank of America Business Advantage Customized Rewards Mastercard Cash Rewards
Bank of America Business Benefit Customized Cash Rewards credit card offers flexible rewards for business owners. With just a minimum spending requirement of $3,000 per calendar year, this card gives you up to $300 back in statement credits each year. You can also earn two percent cashback on dining purchases, and one percent on all other purchases. These rewards can accumulate up to $50,000 in credit card limits.
To be eligible for this credit card, applicants must have at least a 720 FICO(r). Although the minimum credit score required to be approved is not very high, most applicants will be approved with credit scores in the excellent-excellent range. The Bank of America Business Advantage Customized Cash Rewards Mastercard also comes with a 3% foreign transaction fee.
After earning cash back, customers can redeem it to get a statement credit, cash or a check. Bank of America also offers monthly category changes. The cash back earnings can be automatically invested into an investment account at Merrill Lynch or directly into a Bank of America.
Bank of America Premium Rewards card
The Bank of America Premium Rewards credit card is a great choice if you are looking for a credit that offers generous rewards and low annual fees. It is a great choice due to its low annual cost and relatively modest signup bonus. Additionally, the bank's card offers enhanced rewards tiers for Merrill account holders and Preferred Rewards Members. You can earn points even for purchases that do not require cash-back. These points can be used to redeem for cash back, travel or gift cards.
The Bank of America Premium rewards credit card has one of the greatest perks: it doesn't charge a foreign transaction cost. This could add up to 1.49% on international purchases. The downside is that you must have top-tier credit to qualify for this card, which can be a challenge for most consumers.
Bank of America Cash Rewards Credit Card for Students
Students who are looking for a card that offers cash back and a range of benefits will love the Bank of America Cash Reward Credit Card for Students. This card comes with a $0 guarantee against fraudulent transactions and many other features to help students manage finances. The card offers a wide range of rewards, including a reward program that allows you to earn points for each purchase. There are also bonuses that match your cash back in various categories.
Redeem your rewards in a variety of ways. These include statement credits, bank deposits, paper checks, and deposit into Bank of America accounts. Your credit card does not expire as long you have an active account.