Bank of America offers a diverse range of credit cards that cater to various financial needs, whether you’re looking for cashback, travel rewards, balance transfers, or business benefits. In this guide, we’ll break down the best Bank of America credit cards, highlighting their perks, drawbacks, and ideal users.
By choosing the right Bank of America credit card, you can maximize rewards, build credit, and take advantage of exclusive banking benefits. Let’s dive into the best Bank of America credit cards available today.
Why Choose a Bank of America Credit Card?
Before exploring the top credit cards from Bank of America, it’s important to understand why they are worth considering. Bank of America stands out for several reasons:
- Preferred Rewards Program: Customers with a Bank of America checking or savings account can qualify for the Preferred Rewards program, which boosts cashback and rewards earnings by up to 75%.
- Wide Selection: Whether you want a cash-back card, a travel rewards card, or a business credit card, Bank of America has options for you.
- Competitive Interest Rates: Many of these cards offer low introductory APRs, making them ideal for balance transfers or large purchases.
- Excellent Customer Service: Bank of America provides solid customer support and digital banking tools, making account management simple and efficient.
Now, let’s explore the best Bank of America credit cards that offer the most value.
1. Bank of America® Customized Cash Rewards Credit Card
Why It’s One of the Best Bank of America Credit Cards
The Bank of America Customized Cash Rewards Credit Card is perfect for those who want flexible cashback rewards tailored to their spending habits.
Key Benefits:
- 3% cashback in a category of your choice (dining, gas, online shopping, travel, drugstores, or home improvement).
- 2% cashback at grocery stores and wholesale clubs.
- 1% cashback on all other purchases.
- $200 online bonus after spending $1,000 in the first 90 days.
- No annual fee.
Best For:
- People who spend heavily in a specific category like gas or online shopping.
- Those who want to take advantage of Bank of America’s Preferred Rewards program for up to 75% more cashback.
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2. Bank of America® Travel Rewards Credit Card
Why It’s a Top Travel Card
If you want a straightforward travel rewards card with no annual fee, the Bank of America Travel Rewards Credit Card is a fantastic option.
Key Benefits:
- Unlimited 1.5x points on every purchase.
- No foreign transaction fees, making it ideal for international travel.
- 25,000 online bonus points after spending $1,000 in the first 90 days (worth $250 in travel).
- No blackout dates or restrictions when redeeming travel rewards.
Best For:
- Frequent travelers who want a no-annual-fee card.
- People who prefer a simple, flat-rate rewards program.
💡 Pro Tip: If you’re interested in more ways to maximize your travel points, check out our expert tips on WeDoPoints.com.
3. Bank of America® Premium Rewards® Credit Card
Why It’s Ideal for Frequent Travelers
The Bank of America Premium Rewards Credit Card is one of the best Bank of America credit cards for frequent travelers looking to maximize rewards and enjoy luxury perks.
Key Benefits:
- 2x points per dollar on travel and dining.
- 1.5x points on all other purchases.
- 50,000 bonus points (worth $500 in travel) after spending $3,000 in the first 90 days.
- Up to $200 in travel credits, including airline incidentals and Global Entry/TSA PreCheck reimbursement.
Best For:
- Travelers who want premium perks without a high annual fee ($95).
- Cardholders who already bank with Bank of America and can qualify for a Preferred Rewards bonus.
4. Bank of America® Unlimited Cash Rewards Credit Card
Why It’s Great for Flat-Rate Cashback
If you prefer a simple cashback structure, the Bank of America Unlimited Cash Rewards Credit Card is a great choice.
Key Benefits:
- Unlimited 1.5% cashback on all purchases.
- $200 online bonus after spending $1,000 in the first 90 days.
- No annual fee.
Best For:
- People who want a straightforward cashback card with no rotating categories.
- Those who use their card for everyday spending and want predictable rewards.
5. BankAmericard® Credit Card
Why It’s the Best for Balance Transfers
For those looking to save on interest, the BankAmericard Credit Card offers one of the best balance transfer promotions available.
Key Benefits:
- 0% intro APR for 18 billing cycles on purchases and balance transfers.
- No annual fee.
- No penalty APR for late payments.
Best For:
- People looking to consolidate credit card debt.
- Anyone planning a large purchase they want to pay off over time with no interest.
6. Bank of America® Business Advantage Customized Cash Rewards Credit Card
Why It’s Ideal for Small Businesses
For small business owners, the Bank of America Business Advantage Customized Cash Rewards Credit Card provides customizable cashback rewards.
Key Benefits:
- 3% cashback in a category of your choice.
- 2% cashback at restaurants.
- $300 statement credit after spending $3,000 in the first 90 days.
- No annual fee.
Best For:
- Small business owners who want customizable rewards.
- Entrepreneurs looking for a no-annual-fee business credit card.
Which Bank of America Credit Card is Right for You?
Choosing the best Bank of America credit card depends on your spending habits and financial goals. Here’s a quick guide to help you decide:
| Card Name | Best For | Annual Fee | Rewards |
|---|---|---|---|
| Customized Cash Rewards | Maximizing cashback in select categories | $0 | Up to 3% cashback |
| Travel Rewards | Simple travel points with no annual fee | $0 | 1.5x points on all purchases |
| Premium Rewards | Frequent travelers seeking luxury perks | $95 | Up to 2x points on travel & dining |
| Unlimited Cash Rewards | Flat-rate cashback on everything | $0 | 1.5% cashback |
| BankAmericard | Balance transfers and low APR | $0 | N/A |
| Business Advantage Cash Rewards | Small business owners | $0 | Up to 3% cashback |
💡 Want to learn how to redeem points efficiently? Read expert tips on WeDoPoints.com.
Final Thoughts
Bank of America offers a variety of credit cards designed to meet different financial needs. Whether you’re looking for travel perks, cashback rewards, or balance transfer benefits, there’s a card that can help you reach your goals.
By choosing the best Bank of America credit card for your lifestyle, you can maximize rewards, save money, and make smarter financial decisions. Consider your spending habits and long-term goals before applying, and don’t forget to take advantage of Bank of America’s Preferred Rewards program to boost your earnings.
Happy earning! 🚀