Looking for a credit card that gives you more from the start? The Bank of America Unlimited Cash Rewards card might be the one.
With 2% unlimited cash back for your entire first year and a generous $200 bonus when you spend $1,000 in the first 90 days, it’s a rewarding way to make your money go further.
Why This Card is for You?
This card isn’t just about rewards—it’s about flexibility and long-term value. For the first year, you’ll enjoy an enhanced 2% cash back on everything you buy, without limits. After that, your rewards continue with a flat 1.5% cash back on all purchases.
Even better, your rewards never expire as long as your account stays open. Whether you want to redeem them for statement credits, deposit directly into your Bank of America account, or use them on Amazon or PayPal, the choice is yours.
Pros and Cons of the Bank of America Unlimited Cash Rewards
Before making your decision, it’s important to weigh the pros and cons:
Pros
- 2% cash back for the first year: Earn more on every purchase from day one.
- $200 welcome bonus: Get a nice cash bonus after just $1,000 in spending.
- No annual fee: Keep more of what you earn with no yearly charge.
Cons
- Standard cash back drops to 1.5% after year one: Slightly lower than some category-based cards.
- Balance transfer fee applies after 60 days: You’ll pay a 4% fee on transfers after the intro period.
How to Apply for Your Bank of America Unlimited Cash Rewards
Applying is fast, easy, and completely online. All you need to do is visit the Bank of America website, fill out your personal and financial information, and submit your application. If you’re eligible, you could be approved within minutes.
Once approved, you’ll receive your card by mail and can start earning rewards right away. Plus, your account access will be available online and via mobile app to help you track spending and rewards with ease.