How to Apply, Benefits, and More for a Bank of America Credit Card

Therefore, if you’re seeking a credit card that is specifically designed to match your needs, Bank of America® provides the solution in the form of its Customized Cash Rewards credit card.

Getting a Bank of America credit card application started is a terrific way to begin your path to financial independence.

This card offers many advantages, such as cash-back incentives, no annual fee, a low APR, and contactless tapping.

The Bank of America Customized Cash Rewards credit card is the ideal choice if you want to transfer credit cards or locate the greatest rewards credit card for your way of life.

Let’s explore the card’s advantages, costs, and application process now.

Exclusive to Bank of America and understanding the Cashback Assignment Visa Signature, this credit card has fine print regarding fees and interest rates.

Credit Card that Acknowledged the Assignment of Cashback

We are aware that you desire a credit card that is tailored to your particular requirements.

Additionally, the Bank of America® Customized Cash Rewards credit card thoroughly comprehended the duty.

The best part is that you may utilize your cash back however you like as a credit on your statement or as a transfer into one of your bank accounts.

We are aware that you desire a credit card that is tailored to your particular requirements.

Additionally, the Bank of America® Customized Cash Rewards credit card thoroughly comprehended the duty.

The best part is that you may utilize your cash back however you like as a credit on your statement or as a transfer into one of your bank accounts.

It’s a flat rate card, which is a huge bonus, and you can get an unlimited 1.5% cash back on all purchases.

This eliminates the need for you to worry about choosing the appropriate card and adhering to the spending cap.

Not to mention, the card grants a $200 welcome bonus once you spend $1,000 within the first 90 days of creating an account.

Additionally, 3% cash back is offered on a variety of transactions with the Bank of America® Customized Cash Rewards credit card.

In fact, you have the freedom to select your own categories, which is ideal if you have certain spending habits.

Examples of such categories include gas, dining, and online shopping.

2% back at supermarkets and wholesale clubs, 2% back on gas, and 1% back on all other purchases are also offered.

On quarterly purchases, you can earn up to $2,500 in the choice category, grocery shop, and wholesale club combined.

Additionally, there is no annual fee and a 15-month 0% introductory APR on purchases.

Preferred Bonuses

The increased rewards rate for Preferred Rewards members is one of the best aspects of Bank of America credit cards.

The self-explanatory “Preferred Rewards” incentive program, which is invite-only, offers you special advantages like savings and rewards on your credit card purchases, travel and entertainment expenditures, and more.

You can receive a staggering 25% – 75% more cash back on every transaction if you join the Preferred Rewards program exclusively.

Additionally, you can get up to 5.25% cash back on purchases in the category of your choice.

You might be wondering what the requirements are for it.

If you possess or jointly own an eligible Bank of America checking account and maintain a total average daily balance of $20,000 or more in the accounts of the chosen banks for three months, you are eligible for the special Preferred Reward feature.

Features that are exclusive to Bank of America and Visa

The Visa Signature perks will become your new best buddy if you enjoy traveling.

When you use this card, you have access to pay-per-use roadside dispatch and emergency assistance, so you can relax knowing that help is available whenever you need it.

But there’s more! When you use your Bank of America Premier Rewards Visa Signature card to make eligible purchases, you’ll get expanded price protection as well as extended warranty coverage on items you buy.

BankAmeriDeals and Museums on Us are only two of the additional benefits of the well-known Visa Signature credit card.

With the limited-time offer program BankAmeriDeals, you can activate special specials at partner businesses and receive 5 to 15% cash back.

The deals are even more alluring because you can unlock more offers the more coins you accumulate.

Museums on Us

“Museums on Us” is another special feature of the Bank of America® Customized Cash Rewards credit card that is ideal for ardent museum-goers.

Imagine being able to enter more than 200 cultural institutions with just a credit card and a photo ID.

One thing to keep in mind is that you may only make use of this benefit to the fullest extent on the first weekend of the month.

Details of Charges and Interest

Since the credit card has no annual fee, you can concentrate on collecting points rather than worrying about keeping your account active.

Additionally, it implies that you can keep your account open until you decide to apply for a different credit card or as long as you have a balance.

However, bear in mind that there are additional expenses with which you should be cautious.

• Annual Fee: $0; introductory APR: 0% for 15 billing cycles; valid for transfers of balances as well as purchases made within 60 days of account opening;
• 15.49% to 25.49% variable APR; 3% of each transaction (minimum $10); balance transfer rate;
• Cash Advance Fee: $10 or 3% of each transaction’s value, whichever is higher;
• (Check Cash and Direct Deposit);
• ATM, Over-the-Counter, Same-Day Online, and Cash Equivalent Cash Advance Fee: $10 or 5% of each transaction’s value, whichever is greater;
• Balance Transfer Intro APR: For any balance transfers done during the first 60 days, a 0% Intro APR will apply for 15 billing cycles;
• Foreign Transaction Fee: 3% of each transaction’s U.S. dollar value; Late Payment Fee: up to $40.

Eligibility requirements list

How do you apply now that you’ve determined the Bank of America® Customized Cash Rewards credit card could be the best option? It’s critical to first comprehend the elements that determine your eligibility.

To apply for your own credit card, you must be at least 18 years old and a resident of the United States.

The bank also asks you for details on your employment situation, your income source, your yearly income, and your monthly housing payments.

You must have a credit score of at least 690 in order to meet the credit requirement.

Many people consider this to be the main deficiency, but if you have a credit score of 750 or better, your chances of qualifying increase.

Bank of America will begin by checking your credit with Experian. However, the bank would turn to Equifax and TransUnion if it wanted to examine more details.

How do I get a Bank of America card?

The Bank of America® Customized Cash Rewards credit card application process is quick and simple. If you have your Social Security number, you can quickly and conveniently apply for the card online. Simply click the Apply Now option on the Bank of America website.

After that, you will be directed to a screen where you must provide personal data such as your name, address, phone number, and birthday.

Click on the Submit Application button once you have finished entering all of your information.

Suppose you intend to apply for a job using your Individual Taxpayer Identification Number even though you do not yet have a Social Security number (ITIN).

If so, you must visit a Bank of America financial facility and present identification.

Please fill out every field in the application completely and accurately.

Giving incorrect or misleading information on your credit card application is against the law and might lead to your application being denied, your account being closed, or even legal action.

What Happens Online When You Click “Submit”?

A notification will appear on your screen within sixty seconds after submitting an application for a Bank of America credit card.

Your screen will display “approved” or “authorized but for a different card offer” if the application is accepted.

Within 10 days of approval, you will receive the card.

If you don’t get immediate permission, one of two things is going on.

Either the application is rejected or additional time is required by the bank to review the supporting documentation you provided.

You can always check the status of your application online or give the bank’s hotline a call at 866.422-8089 to speak with a customer service representative.

Address and Telephone

The Bank of America Corporate Center, located at 100 North Tryon Street in Charlotte, North Carolina, 28255, is home to the bank’s main offices.

However, you can always go to a Bank of America location to complete any transaction or get answers to any banking-related questions.

You can call or write to the bank whenever it’s most convenient for you if you have any questions about credit cards.

You can quickly locate the bank’s contact information to make a complaint about a missing card or to verify the status of your card’s activation.

The bank can also be contacted through popular social media sites like Facebook and Twitter.

You must send a private message from your verified account with your name, zip code, phone number, and the best time to reach you in order to make queries.

Important Reminder

Bank of America Corporation or one of its affiliates will never ask for your Social Security number, account information, passwords, or PINs on Facebook or Twitter.

For your protection, it’s recommended to avoid sharing them on Facebook or Twitter.

Conclusion

The Bank of America Customized Cash Rewards credit card is a reliable all-around credit card with a decent balance of earning potential for both travel and regular spending.

A $200 sign-up bonus, a healthy base rewards rate, and incredible travel perks make this an attractive all-around card that should find its way into your wallet.