Bank of America® Unlimited Cash Rewards credit card

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Basic Information

Program ID: bank-of-america-unlimited-cash-rewards-credit-card

Issuer: Bank of America

Card Type: Credit

Network: Visa

Card Tier: Standard

Data Complete: Yes

Created: 01/07/2026 07:58

Last Scraped: 01/15/2026 05:55

Fee Structure
Annual Fee: $0.00
Year 1 Waived: No
Effective Annual Fee: $0.00
Authorized User Fee: $0.00
Penalty APR: 0.00%
Additional Fees
Late Fee: $40.00
Returned Payment: $40.00
Balance Transfer: 3% of the amount of each transfer
Cash Advance: Either $10 or 5% of the amount of each cash advance, whichever is greater
Foreign Transaction: 0.00%
Interest Rates

Purchase APR Range: 2,124.00% - 2,924.00%

Intro Purchase APR: 0.00%

Intro APR Duration: 15 months

Balance Transfer APR: 2,124.00%

Intro BT APR: 0.00%

Intro BT Duration: 15 months

Cash Advance APR: 2,999.00%

Sign-Up Bonus

Bonus Amount: $200.00

Spending Requirement: $1,000.00

Time Period: 90 days

Bonus Timing: Typically within 8-12 weeks after requirement is met, but often within 48-72 hours of statement closing after meeting the spend.

Rewards Program

Reward Type: Cash Back

Base Reward Rate: 0.02%

Bonus Reward Rate: 0.03%

Bonus Categories: All purchases (flat rate); Preferred Rewards members receive a bonus on all cash back earned, up to 75% for Platinum Honors/Diamond tiers.

Point Value Estimate: 0.0100 cents/point

Expiration Policy: Cash rewards do not expire as long as your account is open and in good standing.

Transfer Partners: N/A - Cash back cannot be transferred to airline or hotel partners.

Card Benefits
Protection Benefits
  • Extended Warranty
  • Purchase Protection
  • Cell Phone Protection
  • Price Protection
Travel Benefits
  • Travel Insurance
  • Primary Rental Protection
  • Trip Delay Coverage
  • Lost Luggage Coverage
  • No Foreign Transaction Fees
Premium Benefits
  • Airport Lounge Access
  • Concierge Service
Approval Criteria

Recommended FICO Range: 670 - 850

Approval Odds Category: Good

Pre-qualification Available

Soft Pull Supported

Hard Pull Bureau: Experian, TransUnion, Equifax

Issuer Rules

Rules: Eligibility for the sign-up bonus typically requires that you have not had this specific card or received its new cardmember bonus within the last 24 months. Bank of America also enforces a strict application velocity rule, commonly known as the '2/3/4 rule': applicants are generally limited to 2 new credit cards in the past 2 months, 3 new credit cards in the past 12 months, and 4 new credit cards in the past 24 months across all Bank of America credit products. To earn the standard sign-up bonus (e.g., $200 cash back), new cardmembers must typically meet a minimum spend threshold (e.g., $1,000) within the first 90 days (3 months) of account opening.

Maximum Cards Per Issuer: 7

Minimum Spend Interval: 3 months

Shutdown Risk Triggers: Manufactured spending, high cumulative credit limit across Bank of America cards, frequent balance transfers without new spending, sudden uncharacteristic spending patterns, multiple applications in a short period (even if approved), defaulting on other Bank of America products, or suspected fraud.

International Friendly

User Analytics & Insights
User Ratings

Average Rating: 4.1 / 5.0

Top Positive Feedback:
Simplicity of 1.5% cash back on all purchases, no annual fee, and significant rewards boost for Preferred Rewards members. Good for everyday spending.

Top Negative Feedback:
Lack of bonus categories, foreign transaction fees, and lower base rewards compared to some competitors without Preferred Rewards.

Approval Experience Score: 78.5 / 100

Recommended Alternatives
  • Citi Double Cash Card
  • Chase Freedom Unlimited
  • Discover it Cash Back

Card Value Score: 72.0 / 100

Est. Annual Rewards: $400.00


User Portfolio Metrics

Avg Portfolio Size: 3 cards

Avg Portfolio Age: 72 months

Store vs Co-brand: 100% General / 0% Store

Risk Assessment

Default Risk Group: Low

Predicted Approval Probability: 90.0%

Terms Version Control

Version ID: v1.0