Bank of America offers several rewards credit cards with good cash back rewards programs. With Bank of America credit cards, customers will get to earn a bonus rewards of at least 25% when they sign up for the Preferred Rewards program.
The following are the 4 best rewards credit cards that Bank of America offers.
1. BankAmericard Cash Rewards Credit Card
BankAmericard Cash Rewards Credit Card offers 3% cash back rewards for gas, 2% cash back rewards for grocery and wholesale club and 1% cash back rewards on other miscellaneous purchases. These cash back rewards applies to the first $2,500 that you spent in every quarter. Besides, they will also offer $100 cash rewards bonus for the first $500 that you spent. If you redeem the cash back through a checking/savings account, they will offer you an additional 10% bonus. The card has a 0% APR introductory period for 12 months. You can save money on the annual fee for this card. The card is suitable for people who drive their cars every day and have to go to the gas station to buy petrol regularly. It is also suitable for people who spend a lot of money on grocery for their families.
2. BankAmericard Travel Rewards Credit Card
BankAmericard Travel Rewards Credit Card is a travel rewards credit card that rewards cardholders with 1.5 points for each dollar spent. There is no limit on how much points you can earn. You have the opportunity to earn 20,000 points when you spend $1,000 within 90 days. The 20,000 points can be used to exchange a statement credit that is worth $200. There is 0% introductory period that last for up to 12 billing cycles. The card offers a base rewards rate that is much higher than other travel credit cards. Just like the previous card, you don’t have to pay any annual fee to apply for BankAmericard Travel Rewards. The card does not have any foreign transaction fee.
3. BankAmericard Credit Card
BankAmericard Credit Card is a balance transfer card with interest free introductory period of up to 18 billing cycles. You won’t get charged with the normal APR interest rate if you consolidate all your credit card balance into this card within 60 days from the time you open an account. The balance transfer fee is 3% of the transfer amount or $10. BankAmericard Credit Card has a decent interest free period for people who want to pay off their credit card balances quickly. The card offers $0 liability guarantee for fraud transactions.
4. BankAmericard Better Balance Rewards
BankAmericard Better Balance Rewards is an even better balance transfer card that also offer 0% introductory APR for the first 12 months. You have the opportunity to earn $25 bonus rewards every quarter which you can use to pay your balance transfer balance faster.