Bank of America® Unlimited Cash Rewards Credit Card for Students

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Basic Information

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

Issuer: Bank of America

Card Type: Credit

Network: Visa

Card Tier: Standard

Data Complete: Yes

Created: 01/13/2026 14:51

Last Scraped: 01/15/2026 17:53

Fee Structure
Annual Fee: $0.00
Year 1 Waived: No
Effective Annual Fee: $0.00
Authorized User Fee: $0.00
Penalty APR: 30.00%
Additional Fees
Late Fee: $40.00
Returned Payment: $40.00
Balance Transfer: Either $10 or 3% of the amount of each transfer, whichever is greater.
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: 1,924.00% - 2,924.00%

Intro Purchase APR: 0.00%

Intro APR Duration: 15 months

Balance Transfer APR: 1,924.00%

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: Please allow 8-12 weeks for bonus cash back to post to your account after meeting the spending requirement.

Rewards Program

Reward Type: Cash Back

Base Reward Rate: 1.50%

Bonus Reward Rate: 1.50%

Bonus Categories: None

Point Value Estimate: 0.0100 cents/point

Expiration Policy: Points do not expire as long as the account is open and in good standing.

Transfer Partners: None

Card Benefits
Protection Benefits
Travel Benefits
  • No Foreign Transaction Fees
Premium Benefits
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: This card is designed for students enrolled in an accredited college or university, aged 18 or older, with a valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN). Applicants must demonstrate sufficient income (e.g., from part-time jobs, scholarships, or allowances) to meet credit obligations. Application Rules (Bank of America's 2/3/4 Rule): Applicants are generally limited to receiving approval for no more than 2 new Bank of America credit cards within a 2-month period, 3 new cards within a 12-month period, and 4 new cards within a 24-month period. This rule applies across all Bank of America consumer credit card products. Bonus Eligibility: A new cardmember bonus (e.g., $200 cash back after spending $1,000 in the first 90 days, subject to change for 2026) is typically available only to applicants who have not had this specific card or a similar Bank of America cash rewards card in the past 24 months.

Maximum Cards Per Issuer: 5

Minimum Spend Interval: 3 months

Shutdown Risk Triggers: Manufactured spending activities (e.g., excessive gift card purchases to meet spend requirements), high cumulative credit limits across Bank of America accounts, rapid credit cycling, abuse of sign-up bonuses or promotional offers, suspicious or unusual spending patterns, failure to make timely payments, or defaulting on other Bank of America accounts. Opening too many accounts with various issuers in a short period can also trigger a financial review.

International Friendly

User Analytics & Insights
User Ratings

Average Rating: 4.0 / 5.0

Top Positive Feedback:
Simple and consistent 1.5% cash back on all purchases, no annual fee, no foreign transaction fees, good for building credit, and a decent introductory APR offer.

Top Negative Feedback:
Potentially lower credit limits compared to non-student cards, rewards might not be as high as tiered cash back cards, limited premium benefits.

Approval Experience Score: 85.0 / 100

Recommended Alternatives
  • Discover it Student Cash Back
  • Capital One SavorOne Student Cash Rewards Credit Card
  • Chase Freedom Rise

Card Value Score: 80.0 / 100

Est. Annual Rewards: $105.00


User Portfolio Metrics

Avg Portfolio Size: 2 cards

Avg Portfolio Age: 12 months

Store vs Co-brand: 95% General / 5% Store

Risk Assessment

Default Risk Group: Medium

Predicted Approval Probability: 75.0%

Terms Version Control

Version ID: April 2024