Introducing the Bank of America Unlimited Cash Rewards, where limitless possibilities meet unparalleled financial rewards. Are you ready to embark on a banking journey that knows no bounds? Imagine a credit card that not only simplifies your financial transactions but also showers you with an endless stream of cashback rewards. Step into a world where your everyday purchases become gateways to financial prosperity and where your spending habits are effortlessly transformed into a gateway to financial freedom.
With the Bank of America Unlimited Cash Rewards, your financial aspirations become boundless. Whether you're purchasing groceries, dining out with friends, or indulging in retail therapy, every swipe of your card opens up a gateway to unlimited cashback rewards. Say goodbye to restrictive spending categories and welcome a credit card that ensures your earnings are not limited by predetermined limits or confined to specific merchant partnerships.
Unleash the power of unlimited rewards as you earn cashback on every purchase, every single day. Picture your wallet becoming a treasure chest, constantly replenishing itself with cash rewards that grow with every transaction. The Bank of America Unlimited Cash Rewards sets itself apart by offering a simple, transparent, and rewarding experience, empowering you to make the most of your financial choices.
But the benefits don't stop there! As a Bank of America customer, you'll gain access to a suite of exclusive perks. Enjoy the convenience of mobile banking, cutting-edge security features, and exceptional customer service that puts your needs first. Whether you're an experienced financial guru or just starting your journey towards financial success, the Bank of America Unlimited Cash Rewards is designed to be your trusted companion every step of the way.
Now is the time to break free from the confines of traditional banking and embrace a world of unlimited possibilities. Join the Bank of America Unlimited Cash Rewards and unlock a future where your financial dreams become reality. Experience the freedom to earn, the power to save, and the joy of watching your rewards multiply effortlessly. It's time to redefine what it means to be truly rewarded and embark on a banking adventure like no other. Welcome to a world without limits, welcome to the Bank of America Unlimited Cash Rewards!
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Bank of America Unlimited Cash Rewards Credit Card Rewards
The credit card offers various rewards when you use it for various transactions. These include the following.
1. 1.5% unlimited cash back on all purchases.
Every time you buy goods and services using the card, you get back 1.5% of the money you spend on your transaction. Cash backs help you save lots of money you can use on other expenses. Interestingly, there are no limits to the amount of money you can get as cash back. Also, the cash rewards do not expire; you can use them when you like.
2. $200 online cash rewards bonus
You can also get an online $200 cash rewards bonus when you make at least $1,000 purchases in the first 90 days of your account opening. The bonus is meant to lure more and more people into opening accounts with the institution.
3. Preferred Rewards members
If you are part of the Preferred Rewards membership, you can earn 25%-75% more cash back on each purchase. That means more money to use for other transactions. Therefore, you can earn up to 2.62% cash back on a single purchase.
You can benefit from the above offers if you apply for the card online by visiting the Bank of America Unlimited Cash Rewards page.
Utilizations For Bank of America Unlimited Cash Rewards Card
There are various ways to use your cash rewards card. These include the following.
1. Buy goods and services
You can use the card to buy goods and services online and at physical stores. You require your card number, CVV, and the card’s expiry dates to shop online. You can tap or swipe on the card reader machine to pay at the register at physical stores.
2. Withdraw money
You can use your card to withdraw finances from an ATM using your PIN. You only need to insert your card into the machine and enter your PIN and the amount to withdraw.
3. Obtain a convenience check
You can get a convenience check to use for your payments. If you want to purchase an item or service by check, the Bank of America can issue you a check from your card’s account.
4. Grow your scores
You can use your card to grow your scores. That way, you will have a chance to apply for loans and good-excellent score credit cards. However, growing your scores depends on your card usage. You must make timely payments to benefit to ensure your credit score remains positive.
Benefits of Bank of America Unlimited Cash Rewards Card
One can get a few benefits from the card. They include the following.
1. Rewards
As I have mentioned, there are various rewards you can get from the card. These include the 1.5% cash back on all purchases and the $200 online cash rewards offer.
2. Zero annual fees
Annual fees are usually high for most cards. You can pay more than $50 yearly as your annual fee. With the card, you do not pay any annual fees at all. Therefore, you can save lots of money.
3. Low Introductory APR Offer
The card gives you a 0% Intro APR for purchases on your first 18 billing cycles and any balance transfers you make within the first 60 days of opening your account.
4. Free FICO scores
You can access your FICO® Score monthly for free in your online banking or your Mobile Banking app. You must opt-in to benefit from the free scores.
Limitations of Bank of America’s unlimited cash rewards credit
The card is not 100% good since there are various issues. Several limitations come with the card. They include the following.
- It charges a 3% foreign transaction fee if you use it for purchases abroad.
- A 3% balance transfer fee.
- A late payment fee of at most $40 and a 29.99% penalty APR may apply.
- High credit score requirement: 670-850 (Good to Excellent).
Bank of America Unlimited Cash Rewards for Students
The bank offers a student secured credit card that allows you to earn numerous rewards to help you with your purchases. It allows you to earn unlimited 1.5% cash back on all purchases. Such an offer for a student can help you to save a lot for your college financial transactions. Furthermore, the amount of cash back you earn does not expire.
Also, you can get a $200 online cash rewards bonus when you make at least $1,000 in your purchases in the first 90 days of your account opening. That’s a lot of money that you can use for various transactions. The card has no annual fee whatsoever.
Bank of America Unlimited Cash Rewards vs. Bank of America Customized Cash Rewards
Even though Bank of America Unlimited Cash Rewards has various perks to enjoy, the Bank of America Customized Cash Rewards has more rewards. It gives you a 3% cash back in all categories of your choice. Additionally, you get a 2% cash back at grocery stores and wholesale clubs. You also get a 1% cash back on all other purchases. The Bank of America Unlimited Cash Rewards only gives you a 1.5% cash back on all purchases.
Interestingly, the two cards have the following in common.
- No annual fees
- Low Introductory APR Offer
- Cash rewards offer
Is the Bank Of America Unlimited Cash Rewards worth it for You?
The card is worth having because of its various perks. The 1.5% cash back reward on all purchases helps you to save a lot. Also, the $200 online cash rewards offer is a lot of money that can significantly affect your financial status. The 0% Introductory APR for 18 billing cycles is worth considering.
Conclusion
The Bank of America, usually abbreviated as BoA or BofA, is among the largest financial companies in the United States. The financial services holding company is headquartered in Charlotte, North Carolina. The Bank of America Unlimited Cash Rewards is a credit card you can get from the bank. It requires good -excellent credit scores. The card comes with various perks that you can enjoy as you use the card.