Bank of America Unlimited Cash Rewards is the ideal credit card for anyone looking to earn simple, unlimited cashback on every purchase. With 1.5% flat-rate cashback, no annual fee, and a competitive welcome bonus, it’s a top choice for everyday spending.
This card is easy to use, rewarding, and offers extra benefits when linked with a Bank of America checking or savings account. Whether you’re buying groceries, paying bills, or shopping online, the rewards never stop.
Keep reading to learn why this card stands out among cashback credit cards and how it can help you save more with every transaction.
Meet the Issuer
Bank of America is one of the largest financial institutions in the U.S., serving millions of customers with a wide range of financial products. Known for its strong online banking platform and customer service, the bank supports users with powerful tools and benefits.
Its Preferred Rewards program adds extra value for loyal customers, offering higher cashback rates and additional perks for those who maintain qualifying balances.
The Unlimited Cash Rewards card reflects Bank of America’s commitment to offering accessible, straightforward financial solutions that deliver consistent value.
Main Benefits of the Card
Unlimited 1.5% cashback: Unlimited 1.5% cashback: Earn flat-rate cashback on every purchase, with no rotating categories or limits.
Sign-up bonus: Get a $200 cash reward after spending $1,000 in the first 90 days of account opening.
No annual fee: Enjoy full cashback benefits with zero yearly cost.
Preferred Rewards boost: Earn up to 25%–75% more cashback if enrolled in the Preferred Rewards program.
Simple redemption:: Redeem cashback as statement credit, deposit into a Bank of America account, or apply toward credit card balance.
Bank Of America Unlimited Cash Rewards: Fees and Commissions
This card comes with no annual fee, making it a cost-effective cashback solution for all spending levels. Balance transfer fee is 3% of each transaction, and a 3% foreign transaction fee applies to purchases made outside the U.S.
Late payment and returned payment fees may apply as per standard card terms.
Terms and fees may change. Always check the official Bank of America website for the most current information before applying.
Card limit
The credit limit is determined during the application process based on your credit profile, income, and existing debts. Users with good to excellent credit may receive initial limits starting around $1,000 or more.
As you use your card responsibly, Bank of America may offer automatic limit increases, helping you manage larger purchases and improve credit utilization.
Positive points
- Consistent Cashback:Earn an unlimited 1.5% cashback on every purchase you make—no rotating categories or activation required, just simple and reliable rewards.
- No Annual Fee:Keep more of your earnings with no yearly charges, making it a cost-effective option for long-term use.
- Preferred Rewards Bonus:As a Bank of America Preferred Rewards member, you can boost your cashback by up to 75%, significantly increasing your earning potential.
Negative points
- Foreign Transaction Fee:This card charges a fee for purchases made outside the U.S., making it less suitable for international use or frequent travelers.
- Limited Travel Perks:Unlike travel-focused cards, it doesn’t offer benefits such as airport lounge access or comprehensive travel protections.
- Best with BofA Account:The highest reward rates are only available to customers with an eligible Bank of America account, reducing value for others.
How to Apply for Your Bank Of America Unlimited Cash Rewards
- Visit the official Bank of America website
- Search for “Unlimited Cash Rewards” under credit cards
- Click “Apply Now”
- Fill in your personal details including name, address, and SSN
- Enter your employment and income information
- Review and accept the terms and conditions
- Submit the application for credit review
- Receive an instant decision or follow-up by email
- Activate your card and start earning cashback
How to Contact – Bank Of America Unlimited Cash Rewards
For assistance or account questions, contact Bank of America through:
- Customer Service Phone: 1-800-732-9194
- Email: Secure messaging available in online banking
- Live Chat: Accessible via the mobile app or official website
The Bank of America Unlimited Cash Rewards card is a reliable option for earning unlimited cashback with no annual fee. Whether you’re just starting out or already a Preferred Rewards client, this card delivers consistent value on every purchase. Apply now and make the most of your daily spending.