Bank of America® Unlimited Cash Rewards credit card
Bank of America Visa Standard Pending
19
Benefits1
Reward Categories1.5x
Max Reward21.2%
APR FromBasic Information
PENDINGProgram ID: bank-of-america-unlimited-cash-rewards-credit-card
Issuer: Bank of America
Card Name: Bank of America® Unlimited Cash Rewards credit card
Card Type: Credit
Network: Visa
Card Tier: Standard
Approved: Pending
Data Complete: Complete
Rewards Program (Detailed) 1 Categories
PENDING| Category | Rate | Type | Description | Annual Cap | Status |
|---|---|---|---|---|---|
| All Purchases | 1.5x | Cash Back | Earn unlimited 1.5% cash back on all purchases. | No Cap |
Rewards Summary
PENDINGReward Type: Cash Back
Base Rate: 1.5x
Bonus Rate: 2.63x
Categories: All purchases (up to 2.625% with Preferred Rewards Platinum Honors)
Quarterly Rotating: No
Expiration Policy: Points do not expire as long as account is active
Point Value: 0.01¢
Travel Portal Multiplier: 1x
Transfer Partners: None
Redemption Penalties: None
Benefits & Protections (Detailed) 19 Total
PENDINGAccount Management 1
Account Alerts
Customizable alertsReceive alerts for important account activity, such as transactions, payments due, or unusual activity.
Cash Rewards 5
Unlimited 1.5% Cash Back on All Purchases
1.5% cash backEarn a flat rate of 1.5% cash back on every purchase you make, with no limits on the amount of cash back you can earn.
Cash Rewards Never Expire
Rewards don't expireYour earned cash rewards do not expire as long as your account remains open.
Flexible Cash Rewards Redemption
Redeem any amount, any timeRedeem your cash rewards for any amount, any time.
Multiple Cash Rewards Redemption Options
Redeem to Bank of America account, statement credit, or Merrill accountRedeem cash rewards into a Bank of America® checking or savings account, for a statement credit, or for a contribution to an eligible Merrill® account.
Preferred Rewards Member Cash Back Bonus
25% - 75% more cash backPreferred Rewards members can earn 25% - 75% more cash back on every purchase, depending on their Preferred Rewards tier.
Credit Monitoring 1
Free FICO® Score Access
Free FICO® ScoreAccess your FICO® Score for free within your online banking account or mobile app, helping you monitor your credit health.
Financial Protection 1
Overdraft Protection
Link to checking for overdraft protectionLink your credit card to your Bank of America checking account to help prevent overdrafts.
Introductory Offer 3
$200 Online Cash Rewards Bonus
$200 bonusEarn a $200 cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
0% Intro APR for Purchases
0% Intro APR for 15 billing cyclesEnjoy a 0% introductory Annual Percentage Rate (APR) on new purchases for the first 15 billing cycles. After the intro APR offer ends, a variable APR will apply.
0% Intro APR for Balance Transfers
0% Intro APR for 15 billing cyclesEnjoy a 0% introductory Annual Percentage Rate (APR) on balance transfers for the first 15 billing cycles. A 3% balance transfer fee applies. After the intro APR offer ends, a variable APR will apply.
Payment Convenience 2
Contactless Card
Tap to payMake secure payments quickly by tapping your card at contactless-enabled terminals.
Digital Wallet Compatibility
Compatible with digital walletsEasily add your card to digital wallets like Apple Pay®, Google Pay™, and Samsung Pay® for secure and convenient payments.
Roadside Assistance 1
Emergency Roadside Assistance
Access to roadside assistance servicesProvides assistance for services like towing, jump-starting, tire changing, or fuel delivery when you're on the road. (Note: Fees may apply for services rendered, this is typically a referral service).
Security 2
Fraud Protection
Advanced fraud monitoringAdvanced fraud monitoring systems help protect your account from unauthorized transactions.
Zero Liability Guarantee
No liability for unauthorized chargesYou are not responsible for unauthorized transactions made with your card.
Travel Assistance 1
Travel and Emergency Assistance Services
Emergency support while travelingProvides a range of emergency services when you're traveling, such as medical and legal referrals, emergency cash disbursement, and lost ticket replacement assistance. (Note: Cardholder is responsible for the cost of third-party services).
Travel Insurance 2
Travel Accident Insurance
Coverage for travel accidentsProvides coverage for accidental death or dismemberment while traveling on a common carrier when tickets are purchased with the card.
Lost Luggage Reimbursement
Reimbursement for lost or stolen luggageReimbursement for the replacement of lost or stolen checked or carry-on luggage and its contents when tickets are purchased with the card.
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
Timing: Typically within 8-12 weeks after meeting the spending requirement.
Fee Structure
PENDING| Annual Fee: | $0.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $0.00 |
| Authorized User Fee: | $0.00 |
| Penalty APR: | 0.30% |
| Min Interest Charge: | $1.50 |
Additional Fees
PENDING| Late Fee: | $40.00 |
| Returned Payment: | $40.00 |
| Balance Transfer: | 3% of the amount of each transfer (minimum $5) |
| Cash Advance: | Either $10 or 5% of the amount of each cash advance, whichever is greater |
| Foreign Transaction: | 0.00% |
Interest Rates & APR
PENDINGStandard APR
Purchase APR: 21.24% - 31.24%
Balance Transfer APR: 21.24%
Cash Advance APR: 31.24%
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: The Bank of America Unlimited Cash Rewards credit card typically offers a sign-up bonus (e.g., $200 cash back) after spending a specified amount (e.g., $1,000) within the first 90 days of account opening. Eligibility for this bonus usually requires that you have not received a sign-up bonus for this specific card (or a similar Bank of America cash rewards product) within the last 24 months. Application rules for Bank of America are governed by the '2/3/4 Rule' for new credit card applications: you can be approved for a maximum of 2 new Bank of America credit cards in the past 2 months, 3 new cards in the past 12 months, and 4 new cards in the past 24 months. This rule applies across all Bank of America consumer credit cards. General eligibility requirements include having good to excellent credit (typically a FICO score of 700+), being a U.S. resident, and being at least 18 years old.
Max Cards Per Issuer: 7
Min Spend Interval: 3 months
Cliff Effect Rules: The primary 'cliff effect' or tiered benefit for this card is tied to the Bank of America Preferred Rewards program. Cardholders who qualify for Preferred Rewards tiers (Gold, Platinum, Platinum Honors) receive a bonus on their earned cash back: Gold (25% bonus), Platinum (50% bonus), and Platinum Honors (75% bonus). This significantly increases the effective cash back rate (e.g., from 1.5% to 2.625% for Platinum Honors members). Failure to maintain the required asset balance with Bank of America or Merrill Lynch will result in a loss of these bonus tiers and a reduction in the effective cash back rate. Additionally, the 24-month bonus eligibility rule for this specific card or similar products acts as a 'cliff' for repeat sign-up bonuses.
International Friendly: Yes
User Analytics & Insights
PENDINGUser Ratings
Average Rating: 4.0 / 5.0
Top Positive:
Simple, no-annual-fee cash back with potential for significant rewards boost via Preferred Rewards program. Good for everyday spending.
Top Negative:
Base cash back rate is lower than some competitors; lacks bonus categories and has foreign transaction fees.
Approval Experience: 80.0 / 100
Recommended Alternatives
- Citi Double Cash Card
- Fidelity Rewards Visa Signature Card
- Chase Freedom Unlimited
Card Value Score: 75.0 / 100
Est. Annual Rewards: $275.00
Approval Probability: 90.0%
Version Control
PENDINGVersion ID: v1.0