Best Bank of America Credit Cards
Best Bank of America Credit Cards
Bank of America offers a wide range of credit cards tailored to different financial goals and lifestyles. Whether you prioritize cash back, travel rewards, or low interest rates, there’s a card designed to meet your needs.
Bank of America® Cash Rewards Credit Card
This card is popular for its customizable rewards program. Cardholders can choose a 3% cash back category to maximize their earnings, including options like gas, online shopping, dining, travel, drug stores, or home improvement/furnishings. It also offers 2% cash back at grocery stores and wholesale clubs, and 1% on all other purchases. The 3% and 2% categories have a combined quarterly limit of $2,500 in purchases.
New cardholders can benefit from an introductory APR offer on purchases and balance transfers for a certain period. With no annual fee, it’s a solid choice for everyday use.
Bank of America® Travel Rewards Credit Card
This card is ideal for those who travel frequently. It provides unlimited 1.5 points for every dollar spent on all purchases, without any expiration on points. There’s no annual fee and no foreign transaction fees, making it travel-friendly.
New members can earn a significant bonus in points if they spend a certain amount in the first 90 days. Additionally, the card features an introductory APR offer on purchases, giving travelers more flexibility in their budgeting.
Bank of America® Premium Rewards® Credit Card
This card caters to users who want premium perks and higher rewards rates. It offers 2 points per dollar on travel and dining purchases, and 1.5 points per dollar on all other purchases. New users can earn a substantial bonus by spending a specific amount within the first 90 days.
It includes rewards that benefit frequent travelers, such as up to $100 in statement credits for airline incidental fees and up to $100 for TSA PreCheck or Global Entry application fees. Though it comes with an annual fee, the comprehensive rewards and benefits can easily outweigh the cost for avid travelers.
BankAmericard® Credit Card
This card is designed for those looking for low introductory rates rather than rewards. It provides a lengthy 0% APR introductory period on purchases and balance transfers, making it suitable for large purchases or debt consolidation.
After the introductory period, it offers a competitive APR based on the cardholder’s creditworthiness. There is no annual fee, making it a practical option for cost-conscious users.
Bank of America® Customized Cash Rewards Secured Credit Card
This is an excellent option for individuals looking to build or rebuild their credit. It requires a minimum refundable security deposit, which sets the credit line. Despite being a secured card, it still offers cash back rewards similar to the unsecured Cash Rewards card, including 3% on a chosen category and 2% at grocery stores and wholesale clubs, or up to $2,500 in combined 3% and 2% category purchases each quarter, and 1% on other purchases.
As with other secured cards, responsible use can lead to an opportunity for graduation to an unsecured card.
Bank of America® Business Advantage Cash Rewards Mastercard®
For business owners, this card delivers valuable rewards on business-related expenses. It offers 3% cash back on purchases in one choice category, such as gas stations, office supply stores, travel, TV/telecom & wireless, computer services, or business consulting services. Additionally, it provides 2% cash back on dining and 1% on other purchases, with a limit on the combined 3% and 2% category of purchases each year.
The card has no annual fee and new cardholders can earn a welcome bonus after meeting the minimum spending requirement in the first 90 days.
Bank of America® Business Advantage Travel Rewards World Mastercard®
This travel-focused card for business owners provides unlimited 1.5 points per dollar on all purchases. There is no limit to the number of points that can be earned, and points do not expire. New cardholders can take advantage of a significant bonus offer after meeting a spending threshold within the first 90 days.
There’s no annual fee and no foreign transaction fees, making it an attractive choice for businesses that require frequent travel.
Bank of America® Platinum Plus® Mastercard® Business Credit Card
This card offers low introductory rates for businesses focused on reducing interest costs. It features a 0% introductory APR period on purchases, followed by a competitive APR based on creditworthiness.
The card includes various business-related benefits, such as free employee cards and business management tools, making it a practical tool for managing expenses and cash flow.