BankAmericard Cash Rewards™ Credit Card

BankAmericard Cash Rewards™ Credit Card Review: Credit Cards

Credit Card
 
Apply for a BankAmericard Cash Rewards™ Credit Card
Rating:
Bottom Line:
Combines great cash back rewards with an Introductory APR offer; $100 online-exclusive bonus offer
Full Review:
5 2015-07-01 10:48:48 The BankAmericard Cash Rewards™ credit card is a great cash back card that also lets cardholders save money with a 0% Introductory APR for 12 billing cycles for purchases and for any balance transfers made in first 60 days, then, 12.99% - 22.99% variable APR. The cash back rewards are generous, with 3% cash back on gas and 2% cash back at grocery stores for up to $1,500 in combined gas and grocery store purchases each quarter, and 1% cash back on all other purchases. This card will particularly appeal to existing Bank of America customers (or those who want to become Bank of America customers), as it offers them an ongoing 10% cash reward bonus when they redeem their cash back rewards directly into their Bank of America® checking or savings account. And if you're a Gold, Platinum or Platinum Honors Bank of America® customer you'll receive even more of a bonus, ranging from 25% to 75%. Plus, cardholders will earn a $100 online-exclusive bonus after making at least $500 in purchases within the first 90 days of card ownership (note: the card must be applied for online to receive the bonus).

Highlights
  • $100 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
  • 1% cash back on every purchase, 2% at grocery stores and 3% on gas for the first $1,500 in combined grocery/gas purchases each quarter
  • No annual fee
  • No changing categories and no expiration on rewards
  • 0% Introductory APR for 12 billing cycles for purchases and for any balance transfers made in the first 60 days, then, 12.99% - 22.99% Variable APR. 3% fee (min $10) applies to balance transfers.
  • Get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account
  • If you're a Preferred Rewards client, you can increase that bonus to 25%-75%. Click "Apply Now" to learn more about Preferred Rewards.
  • Now with chip technology for enhanced security and protection at chip-enabled terminals

Rewards
  • Earn 3% cash back on gas and 2% cash back at grocery stores for the first $1,500 in combined grocery store and gas purchases each quarter.
  • Earn 1% cash back on all other purchases everywhere, every time.
  • Online-exclusive $100 cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening.
  • Bank of America customers will earn a 10% cash reward bonus when they redeem their rewards directly into their Bank of America® checking or savings account.

Redeem Rewards
  • Redeem as a statement credit, a check, an electronic deposit to a checking or savings account of your choice, a payment towards a mortgage loan with Bank of America (excluding reverse mortgages) or a third party mortgage lender, or a charitable contribution.

Fees and APR
  • No annual fee.
  • 0% Intro APR: 0% Introductory APR for 12 billing cycles for purchases and for any balance transfers made in first 60 days, then, 12.99% - 22.99% variable APR.
  • Purchase APR: 12.99% - 22.99% variable, depending on credit history.
  • Balance Transfers: Balance transfer fee is 3% of the amount of each transfer, or $10, whichever is greater.
  • Terms and Conditions


Apply for a BankAmericard Cash Rewards™ Credit Card


 
Card Details:

Purchase APR:0% Intro for 12 billing cycles,
then 12.99%-22.99% variable
Features:Earn 2% cash back at grocery stores & 3% on gas for first $1.5K in combined grocery store & gas purchases quarterly, 1% cash back on other purchases, $100 online-exclusive bonus after spending at least $500 in purchases in first 90 days
Annual Fee:$0
Credit Needed:Excellent/Good

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