With so many credit cards that promise but never deliver, you might want to take a step back and, indeed, do your research. A lot of credit cards offer cashback rewards, a myriad of benefits, and many more.
This is why the Bank of America Unlimited Cash Rewards Credit Card is such a promising credit card. It has a very straightforward approach and potential long-term value for the cardholder.
If you’re interested in learning more about this Bank of America Credit Card, check out the article below and find out how you can apply for one.
Bank of America Unlimited Cash Rewards Credit Card Best Features and Benefits
What’s truly great about the Bank of America Unlimited Cash Rewards Credit Card is that they deliver on their promise with unlimited cash rewards.
They offer features such as unlimited cash back, enhanced member rewards, and more.
Find out what’s in store with the Bank of America Unlimited Cash Rewards Credit Card below.
Earn Easy Unlimited Cash Back
The Bank of America Unlimited Cash Rewards Credit Card’s primary selling point is its unlimited cash-back rewards program. It is very easy to earn cash back as you can earn as much as 1.5% cash back for every purchase that you make with the card.
There are no terms or conditions that make it complicated to achieve or a goal to unlock before you can earn the cashback. All you need to do is use the credit card to pay for your transactions, and you can immediately get the cashback rewards.
Use it on groceries, online shopping, and dining; every dollar you spend contributes to your cash back.
Get Even More Rewards
Another great feature of the Bank of America Unlimited Cash Rewards Credit Card is how you can use your hard-earned cash back.
The card is tied to the Bank of America’s Preferred Rewards program, where you have different benefit tiers.
Each tier offers more bonuses on cashback rates ranging from 25% up to 75%, further boosting your earnings. This makes the card even more valuable knowing that you can earn more.
Check Out the Redemption Options
Now that you have more options to earn, the Bank of America Unlimited Cash Rewards Credit Card also lets you choose from a wide array of redemption options.
Cardholders can choose to apply their cash back directly to their credit card balance as a statement credit.
You can also deposit your rewards into your savings or checking account. You can even contribute it to your investment through the Merrill Investment account.
Additional Perks and Benefits
There are even more perks and benefits waiting for you with the Bank of America Unlimited Cash Rewards Credit Card.
You get a $200 online cash reward bonus for new cardholders if you make at least $1,000 in purchases for the first 90 days of opening your account.
There is overdraft protection and a $0 liability guarantee for unauthorized charges on your account. You can also download the Bank of America mobile banking app to easily manage your account and redeem rewards.
Interest Rates and Other Charges
Like many other credit cards, the Bank of America Unlimited Cash Rewards Credit Card has interest rates and many other fees. The annual percentage rate for purchases with a credit card is 18.24% to 28.24% depending on your creditworthiness.
There is also a balance transfer fee of 3% of the amount transferred with a minimum of $10. A cash advance fee of 4% of the amount or a minimum of $10 is also applied for such transactions.
A foreign transaction fee of 3% is also charged for purchases made in other currencies with the card.
Who is the Bank of America Unlimited Cash Rewards Credit Card Best For?
The Bank of America Unlimited Cash Rewards Credit Card is ideal for those who want a simple credit card with a flat cash-back rate.
The convenience of having a stable cash-back rate means you don’t have to check for changes in your rewards constantly. You also don’t have to worry about rotating bonus categories.
The card is ideal for straightforward daily spending or consolidating all your transactions into one credit card.
Contact Details
If you need more information about the card or assistance, call their customer service hotline at 800.932.2775.
You can also visit their main office address located at Bank of America Corporate Center, 100 North Tryon Street, Charlotte, NC 28255.
How to Apply for the Bank of America , which is Cash Rewards Credit Card
To apply for the Bank of America Unlimited Cash Rewards Credit Card, you must prepare your requirements.
These include your proof of income, such as your income tax documents, payslips and bank accounts, and proof of employment. You are required to have a stable income and must have a good credit history.
Get a credit report before you apply to see if you need to correct your credit score first. This will help with the approval and interest rates you will receive.
Once done, you can apply for the card online or through the nearest bank branch.
Applying Online
If you apply online, you can head to the official website and search for the Bank of America Unlimited Cash Rewards Credit Card.
Read the description, which includes the features, terms and conditions, and many other details. Click Apply once you’re ready to apply.
Fill out the online application form with your details and review everything before you submit. Wait for their response to see if you have been approved for the card.
Conclusion
The Bank of America Unlimited Cash Rewards Credit Card combines convenience and reliability into one helpful credit card. The consistent rewards and the simplicity of acquiring them make it a standard for all rewards credit cards. Make sure that you check out this fantastic credit card and apply for one today!
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.