There are many excellent Bank of America cards. These cards offer many benefits, including cashback and travel rewards. Your financial situation will play a major role in choosing the best card. Bank of America credit cards are generally very good for students and business owners. You should choose a card that offers strong benefits and rewards. Bank of America Business Advantage Customized, Cash Rewards Mastercard has the best travel rewards credit.
Bank of America Business Benefit Customized Cash Reward Mastercard
Bank of America Business Benefit Customized Cash Rewards credit card offers flexible rewards for business owners. This card provides up to $300 per year in statement credit with a spending limit of $3,000 In addition, you will earn two percent cash back for dining and one percent for everything else. These rewards can increase your credit limit to up to $50,000
To qualify for this card, applicants need to have a minimum FICO(r), score 720 or greater. Although the minimum credit score required to be approved is not very high, most applicants will be approved with credit scores in the excellent-excellent range. The Bank of America Business Advantage Customized Cash Rewards Mastercard also comes with a 3% foreign transaction fee.
The customer can earn cash back and redeem it for a statement credits, cash, or a check. Bank of America allows monthly category changes. You can also automatically invest the cash earnings in a Merrill Lynch investment or Bank of America account.
Bank of America Premium Reward Card
If you're looking for a credit card that earns generous rewards without a hefty annual fee, consider the Bank of America Premium Rewards card. Its low annual fee and comparatively modest sign-up bonus make it a great option for many consumers. The bank's card also offers higher rewards levels for Merrill account holders as well as Preferred Rewards members. You can earn points on all purchases.
The best thing about the Bank of America Premium Reward credit card is the fact that there is no foreign transaction fee. This can be as high as 1.49% of international purchases. To qualify for this card you need to have high-quality credit, which can prove difficult for many consumers.
Bank of America's Cash Rewards Credit Cards 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 has a $0 liability guarantee on fraudulent transactions and several features designed to help students manage their finances. The rewards program is extensive and allows you to earn points on every purchase. It also offers a variety bonuses including one that will match your cashback in different categories.
You can redeem your rewards in many ways including statement credits and deposits into Bank of America accounts. Your credit card does not expire as long you have an active account.