Bank of America Unlimited Cash Rewards Credit Card Review
If you’re looking for a credit card that offers unlimited cash rewards, the Bank of America Unlimited Cash Rewards Credit Card may be worth considering. This card is designed to reward cardholders for their everyday spending, and it comes with a range of perks and benefits.
In this review; we’ll take a closer look at the features and benefits of this card, as well as how it stacks up against other similar credit cards on the market.
Benefits of the Bank of America Unlimited Cash Rewards Credit Card
The Bank of America Unlimited Cash Rewards Credit Card offers a range of benefits to cardholders, including:
Unlimited 1.5% cash back on all purchases: With this card, you’ll earn 1.5% cash back on all purchases, with no limits or restrictions. This makes it easy to earn cash rewards on your everyday spending, whether you’re shopping for groceries, paying bills, or booking travel.
Cash rewards never expire: Your cash rewards will never expire as long as your account is open and in good standing. This means you can accumulate rewards over time and redeem them whenever you want.
No annual fee: The Bank of America Unlimited Cash Rewards Credit Card has no annual fee, which means you can enjoy the benefits of the card without having to pay a fee each year.
Bonus cash back offers: The card also offers bonus cash back offers throughout the year, which can help you earn even more rewards on your spending.
Introductory 0% APR: The Bank of America Unlimited Cash Rewards Credit Card offers an introductory 0% APR on purchases and balance transfers for the first 15 billing cycles. This can be a great way to save money on interest if you need to make a large purchase or transfer a balance from another credit card.
How the Bank of America Unlimited Cash Rewards Credit Card Compares to Other Credit Cards?
When comparing the Bank of America Unlimited Cash Rewards Credit Card to other similar credit cards on the market there are a few key factors to consider:
Cash back rewards rate; The unlimited 1.5% cash back rate offered by the Bank of America Unlimited Cash Rewards Credit Card is competitive with other similar credit cards, such as the Capital One Quicksilver Cash Rewards Credit Card and the Chase Freedom Unlimited Credit Card.
Annual fee; The Bank of America Unlimited Cash Rewards Credit Card stands out for its lack of an annual fee , which can make it a more affordable choice compared to other cards that charge annual fees.
Introductory APR; The introductory %0 APR offered by the Bank of America Unlimited Cash Rewards Credit Card is also a competitive feature and can be a major selling point for cardholders who need to make a large purchase or transfer a balance.
FAQs:
Q: What credit score do you need to qualify for the Bank of America Unlimited Cash Rewards Credit Card?
The Bank of America Unlimited Cash Rewards Credit Card requires a good to excellent credit score (typically around 700 or above) for approval.
Q: Are there any foreign transaction fees with the Bank of America Unlimited Cash Rewards Credit Card?
Yes; the card charges a %3 foreign transaction fee on purchases made outside of the United States.
Q: Can you earn bonus cash back with the Bank of America Unlimited Cash Rewards Credit Card?
Yes; the card offers bonus cash back opportunities throughout the year on select purchases.
