Bank of America® Unlimited Cash Rewards
No Annual Fee Rewards Intro APR Excellent Credit Good Credit

Bank of America® Unlimited Cash Rewards

Bank of America · Visa

Annual Fee

$0.00

Rewards Rate

1.5% Cashback

Intro Offer

$200

Issuer

Bank of America

Network

Visa

Regular APR

18.24% - 28.24%

Credit Score

690 - 850 (Good - Excellent)

Rewards Rate Details

Earn unlimited 1.5% cash back on all purchases.

Intro Offer Details

$200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening.

Pros

  • No annual fee
  • Flat-rate 1.5% unlimited cash back on all purchases
  • Bank of America Preferred Rewards® members can earn 25% – 75% more cash back on every purchase
  • Easily achievable welcome bonus
  • Generous introductory APR periods for purchases and balance transfers

Cons

  • No bonus categories for higher earning rates
  • Limited redemption options for rewards
  • Charges a foreign transaction fee of 3%, making it less ideal for international use
  • Other cards with no annual fee offer higher flat cash back rates (e.g., 2%)
  • Requires good to excellent credit for approval