There are many great Bank of America credit cards. These cards offer a wide range of benefits such as cash back and travel reward points. Your financial situation and personal preferences will determine which card is best for you. Bank of America credit card are excellent for students and small business owners. Strong benefits and rewards are important. Bank of America Business Advantage Customized Rewards Mastercard offers the best travel rewards credit card.
Bank of America Business Advantage Customized Rewards Mastercard Cash Rewards
Bank of America Business Rewards Customized Cash Rewards Credit Card provides flexible rewards to business owners. This card allows you to earn up to $300 in statement credits every year with a minimum spend requirement of $3,000 per year. You can also earn two percent cashback on dining purchases, and one percent on all other purchases. These rewards can add up to a limit of $50,000 on your credit card.
For this card to be approved, applicants must have a FICO(r), score greater than 720. The minimum credit score for this card is not too high. However, most applicants will get approved with credit scores that are excellent to excellent. There is a 3% foreign transaction cost when you purchase the Bank of America Business Advantage Mastercard Cash Rewards Mastercard.
After earning cash back, customers can redeem it to get a statement credit, cash or a check. Bank of America allows customers to make monthly category changes. The cash back earnings can be automatically invested into an investment account at Merrill Lynch or directly into a Bank of America.
Bank of America's Premium Rewards card
Bank of America Premium Credit Card is a great option if you want to earn generous rewards without paying a high annual fee. It is an attractive option because it has a low annual fee and offers a modest sign up bonus. Merrill account holders or Preferred Rewards members get higher rewards. With this card, you can earn points for all of your purchases, even those that don't require a cash-back option, and you can redeem them for travel, cash back, or gift cards.
One of the biggest perks of the Bank of America Premium Rewards credit card is that it does not charge a foreign transaction fee, which can add up to 1.49% of your international purchases. The downside is that you must have top-tier credit to qualify for this card, which can be a challenge for most consumers.
Bank of America Cash Reward Credit Card for Students
Students who desire a cashback card with many benefits should consider the Bank of America's Cash Rewards Credit Card For Students. This card comes with a $0 guarantee against fraudulent transactions and many other features to help students manage finances. The card offers a wide range of rewards, including a reward program that allows you to earn points for each purchase. There are also bonuses that match your cash back in various categories.
Students have many options to redeem their rewards, including statement credit, Bank of America deposits and paper checks. This credit card never expires as long as you maintain an active account.