Whoever values gas rewards may find the $0-annual-fee Bank of America Customized Cash Rewards card attractive. This credit card offers 3% back in spending categories such as gas stations and EV charging stations, online shopping or cable, streaming internet, phone services with additional 2% offered back at grocery stores and wholesale clubs.
0% introductory APR on purchases and balance transfers
Credit cards offering an introductory APR of 0% on purchases and balance transfers may help save you money in the long run, but it’s essential to take into account interest rates, fees, benefits and options for redeeming rewards when choosing one. Some cards even allow you to direct cash back directly into Merrill investment accounts such as 529 college savings plans which can help save for future expenses.
BankAmericard credit cards feature a 0% APR for 18 billing cycles on both balance transfers and purchases, plus an attractive $200 welcome bonus after spending $1,000 in the first three months – on par with other cash-back card bonuses but lower than some competitors’ cash-back offers. BankAmeriDeals program access; free Museums on Us passes; extended warranty coverage and roadside dispatch are some of its many additional features that may appeal.
BankAmericard Secured Credit Card provides another card offering 0% APR on purchases and balance transfers, without annual fees or free FICO scores. Your credit limit matches up with your security deposit amount starting from $200; there are no rewards attached, however this card may still prove valuable for large purchases without incurring excessive interest charges.
Both credit cards offer an introductory period with no APR on purchases and transfer fees, so it is crucial that any transferred balance be cleared off before this offer ends, otherwise regular interest will apply.
Credit cards offering 0% APR on balance transfers and purchases can be powerful tools for making major purchases without using cash or borrowing from lenders. But be wary of interest charges; these can quickly add up. To help manage your debt effectively, use a credit card calculator to estimate how much interest will accrue over time.
No annual fee
Bank of America Customized Cash Rewards card is an ideal choice for those who are seeking bonus cash back and looking to reduce credit-card expenses. It offers an exceptional 3% cash-back rate in your chosen category and 2% at grocery stores and wholesale clubs, which is significantly higher than many competing cards. Unfortunately, however, these rewards rates only apply up to $2,500 of combined purchases made each quarter; afterwards the rewards rate drops back down to 1%.
While this card does have some drawbacks, it still provides numerous advantages. Notably, its lack of penalty APR makes it appealing for those wanting to avoid interest charges; additionally, applicants who spend at least $1,000 within 90 days after opening an account online receive a sign-up bonus of $200 as a sign of its worthiness.
Bank of America cards can be an ideal solution for individuals who primarily use their card for gas, dining, travel or home improvement expenses. Furthermore, it allows greater control over earning categories than Citi cards that only give out one maximum per quarter – plus these points can be pooled together to get even greater rewards!
This card also offers several perks, including a complimentary FICO score and monthly updates to your report. Furthermore, you can set a spending limit and customize alerts as well as enjoy a 0% introductory APR on balance transfers and purchases.
Bank of America’s Low APR Secure Card is designed for individuals with poor or average credit, offering low APR and no annual fee – ideal for easy management with no annual fee – offering security deposits between $200 and $5,000 and reporting to all three credit bureaus. Furthermore, this card participates in their BankAmeriDeals program with merchant-linked offers available 24/7; Bank of America consistently scores well on customer satisfaction surveys while boasting a strong mobile app; in addition, they provide comprehensive banking and financial services that assist consumers manage their finances more efficiently.
Cash-back rewards
Credit card rewards are an effective way to reduce costs on purchases, but it’s essential that you understand their terms and conditions prior to applying for one. Both BankAmericard Customized Cash Rewards and the Bank of America Customized Cash Rewards Secured offer generous cash-back rates; however, they differ significantly in other aspects as well. While both cards offer generous cash-back rates, the latter boasts customizable experience as well as no annual fee as well as initial zero interest period on both purchases and balance transfers – not forgetting reporting all three credit bureaus simultaneously as well as offering monthly updates of FICO score updates while its recurring rewards far surpass other no annual fee cards’ flat rewards rates offered by other cards!
Bank of America Customized Cash Rewards credit card is an ideal solution for people looking to earn 3% back in any category they choose, while enjoying flexibility and a high level of rewards. Benefits of this card include no annual fee and 18 billing cycles of no APR on purchases and balance transfers as well as flexible security deposits from $200-5,000 that may eventually be returned depending on responsible usage of credit.
Bank of America credit cards offer more flexible rewards options than Citi Custom Cash cards do, allowing users to select which spending categories earn 3% cash back and set an upper limit of $2,500 quarterly on earning categories with 2% and 3% rewards rates; additionally, Preferred Rewards members enjoy 25%-75% higher rewards rates!
Redeem your rewards through statement credits or direct deposits into any Bank of America checking, savings, or Merrill investment account. However, rewards should not be seen as a replacement for paying down balances to avoid interest charges; especially if carrying a large balance; in this instance it is critical that payments be made in full every month in order to minimize how much is spent on interest charges.
Interest-free days
Bank of America Customized Cash Rewards credit card is an ideal solution for those looking to maximize cash back rewards without incurring annual fees. It comes equipped with an impressive $200 welcome bonus for anyone spending $1,000 within 90 days of account opening, plus it features an expansive rewards program which may help you earn more rewards than flat rate cards (though please be aware there may be quarterly limits to both its 3% and 2% categories).
The Customized Cash Rewards card from Bank of America allows cardholders to choose between 3% cash back categories – such as gas (including electric vehicle charging stations and marine fuel), online shopping, dining, travel, drug stores and home improvement/furnishings), grocery stores and wholesale clubs; cardholders can switch their choice monthly by logging into online banking or the Bank of America mobile app and changing it once. Card approval typically depends upon good to excellent credit scores – though exact requirements may differ by provider.
Though this card’s bonus categories are generous, its cash back reward of 3% and 2% per quarter has an upper limit of $2,500; all purchases outside these categories earn only 1% cash back. This could prove particularly challenging for users with frequent 3% spend such as grocery stores or wholesale clubs that earn at greater rates. Also worth keeping in mind: this card requires having either a Bank of America checking/savings account or Merrill investment account with Bank of America in order to use.
The card offers various redemption options, such as statement credits, direct deposits to Bank of America checking or savings accounts and checks redeemable with Merrill investment accounts. Rewards earned can be used to pay down balances or cover purchases; you may even opt to redeem them for a cash back check which will include both earned earnings plus any bonuses added onto them.