There are several excellent Bank of America credit cards available. These cards offer a wide range of benefits such as cash back and travel reward points. Your financial situation will play a major role in choosing the best card. Bank of America credit cards offer excellent benefits for both students and 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 Rewards Mastercard Customized Cash Rewards Mastercard
Flexible rewards for business owners can be found in the Bank of America Business Advantage Customized cash Rewards Credit Card. This card provides up to $300 per year in statement credit with a spending limit of $3,000 Earn two percent cashback on dining orders and one per cent on everything else. These rewards can build up to a $50,000 credit card limit.
For this card to be approved, applicants must have a FICO(r), score greater than 720. The minimum credit score is not high, but most applicants will be approved with a credit score in the excellent to excellent range. The Bank of America Business Advantage Cash Rewards Mastercard comes with a 3% foreign transaction charge.
Upon earning cash back, the customer can redeem it for a statement credit, cash, or check. Bank of America allows monthly category changes. It is possible to either automatically invest the cash in Merrill Lynch's investment account, or directly into Bank of America.
Bank of America's Premium Rewards 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. This card is a great choice because of its low annual fee and small sign-up bonus. Merrill account holders and members of Preferred Rewards have access to higher reward tiers. The card gives you points for all your purchases.
The Bank of America Premium rewards credit card has one of the greatest perks: it doesn't charge a foreign transaction cost. This could add up to 1.49% on 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 Rewards Credit card for Students
Students can choose the Bank of America cash rewards credit card for students. It offers a wide range of benefits and is a great choice. The card features a $0 liability for fraudulent transactions as well as several features that can help students manage their finances. You can earn points for every purchase and receive a variety bonus offers, such as a match of your cash back in different categories.
Students can redeem their rewards through a variety of methods, including statements credits, Bank of America account deposits and paper checks. The credit card is valid for as long as there are active accounts.