Bank of America® Unlimited Cash Rewards credit card for Students
Bank of America Visa Pending
12
Benefits1
Reward Categories1.5x
Max Reward19.2%
APR FromBasic Information
PENDINGProgram ID: bank-of-america-student-unlimited-cash-rewards-credit-card
Issuer: Bank of America
Card Name: Bank of America® Unlimited Cash Rewards credit card for Students
Card Type: Credit
Network: Visa
Card Tier:
Approved: Pending
Data Complete: Complete
Rewards Program (Detailed) 1 Categories
PENDING| Category | Rate | Type | Description | Annual Cap | Status |
|---|---|---|---|---|---|
| All Other Purchases | 1.5x | Cash Back | Earn unlimited 1.5% cash back on all eligible purchases. | No Cap |
Rewards Summary
PENDINGReward Type: Cash Back
Base Rate: 1.5x
Quarterly Rotating: No
Expiration Policy: Your cash rewards do not expire as long as your account remains open and in good standing.
Point Value: 0.01¢
Travel Portal Multiplier: 1x
Benefits & Protections (Detailed) 12 Total
PENDINGFinancial Management 6
Introductory Purchase APR
0% for e.g., 15 billing cycles on purchasesEnjoy a 0% introductory Annual Percentage Rate (APR) on purchases for a specific period (e.g., the first 15 billing cycles). After the introductory period, a variable APR will apply.
Introductory Balance Transfer APR
0% for e.g., 15 billing cycles on balance transfersBenefit from a 0% introductory Annual Percentage Rate (APR) on balance transfers for a specific period (e.g., the first 15 billing cycles) for transfers made within a certain timeframe (e.g., 60 days of account opening). After the introductory period, a variable APR will apply.
No Annual Fee
$0 annual feeThere is no annual fee charged for maintaining this credit card account.
Free FICO Score Access
Free accessAccess your FICO Score for free within your Bank of America online banking account or mobile app, helping you monitor your credit health.
Online and Mobile Banking Access
Full account managementManage your credit card account 24/7 through Bank of America's secure online banking platform and award-winning mobile app. Features include viewing statements, making payments, and setting up alerts.
Build Credit History
Credit history buildingThis card helps students establish and build a positive credit history by reporting account activity to major credit bureaus, which is crucial for future financial endeavors.
Rewards 3
Unlimited Cash Back
1.5% cash back on all purchasesEarn unlimited 1.5% cash back on all purchases, everywhere, every time. There are no rotating categories or sign-ups needed.
Introductory Cash Bonus
e.g., $200 cash backEarn a cash bonus after making a specific amount of purchases within a certain timeframe (e.g., earn $200 cash back after you make at least $1,000 in purchases in the first 90 days of account opening).
Preferred Rewards Program Eligibility
25% - 75% bonus cash backOpportunity to earn 25% - 75% more cash back on every purchase if you are a Bank of America Preferred Rewards member. This program requires qualifying balances in Bank of America banking and/or Merrill investment accounts.
Security 2
Fraud Protection / Zero Liability
Full protection against unauthorized chargesYou are protected from unauthorized purchases made with your card with Bank of America's Zero Liability fraud protection. You will not be held responsible for fraudulent charges.
Account Alerts
Customizable alertsReceive customizable alerts via email or text for suspicious activity, payment reminders, balance updates, and more, to help you stay on top of your account.
Shopping 1
Digital Wallet Compatibility
Convenient payment optionsEasily add your credit card to popular digital wallets like Apple Pay, Google Pay, and Samsung Pay for secure and convenient payments in stores, in apps, and online.
Benefits Summary (Flags)
PENDINGExtended Warranty
Purchase Protection
Cell Phone Protection
Travel Insurance
Primary Rental Protection
Airport Lounge Access
Trip Delay Coverage
Lost Luggage Coverage
Price Protection
Concierge Service
No Foreign Fees
ShopRunner
Sign-Up Bonus
PENDING$200
Cash BackRequirement: Spend $1,000 in 90 days
Fee Structure
PENDING| Annual Fee: | $0.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $0.00 |
| Authorized User Fee: | $0.00 |
| Min Interest Charge: | $1.00 |
Additional Fees
PENDING| Late Fee: | $40.00 |
| Returned Payment: | $40.00 |
| Balance Transfer: | 3% of the amount of each transaction |
| Cash Advance: | Either $10 or 5% of the amount of each transaction, whichever is greater |
| Foreign Transaction: | 3.00% |
Interest Rates & APR
PENDINGStandard APR
Purchase APR: 19.24% - 29.24%
Cash Advance APR: 29.24%
Intro APR Offers
Intro Purchase APR: 0% for 15 months
Intro BT APR: 0% for 15 months
Approval Criteria & Requirements
PENDINGCredit Score Requirements
Application Process
Issuer Rules & Policies
PENDINGRules: This card is designed for students. Eligibility requires enrollment in a two- or four-year college, university, or vocational school, being 18 years or older, and demonstrating sufficient income (including scholarships, grants, or part-time work) to make payments. Applicants should have a Social Security Number or ITIN and a limited but responsible credit history. Bank of America enforces a '2/3/4 rule' for new applications: no more than 2 new BoA cards in 2 months, 3 in 12 months, and 4 in 24 months. Additionally, applicants are generally not eligible for the welcome bonus if they currently have or have had this specific card product within the last 24 months. A welcome bonus of typically $200 cash back is offered after spending $1,000 in the first 90 days.
Max Cards Per Issuer: 7
Min Spend Interval: 3 months
Cliff Effect Rules: The primary cliff effect is the 24-month rule for welcome bonus eligibility on the same product, meaning you cannot receive the bonus again if you've had this specific card within the past two years.
International Friendly: Yes
User Analytics & Insights
PENDINGUser Ratings
Average Rating: 3.9 / 5.0
Top Positive:
Easy way to earn cash back on all purchases; No annual fee; Good for building credit; Simple rewards structure.
Top Negative:
Low credit limit; High APR if not paid in full; Limited perks compared to premium cards.
Approval Experience: 80.0 / 100
Recommended Alternatives
- Bank of America® Customized Cash Rewards Credit Card for Students
- Discover it® Student Cash Back
- Capital One SavorOne Student Cash Rewards Credit Card
Card Value Score: 78.0 / 100
Est. Annual Rewards: $126.00
Approval Probability: 75.0%
Version Control
PENDINGVersion ID: v1.0