BankAmericard Cash Rewards

This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This site does not include all financial companies or all available financial offers. For additional details, see our Advertiser Disclosure.

Bank of America Cash Rewards
 
 
 
$200 Cash Back
$200 after $500 spend in 90 days
Click Here

$0 Annual Fee

 
 

Card Type: Mastercard World

Earning rate: 2% at grocery stores and wholesale clubs and 3% on gas up to the first $2,500 in combined purchases each quarter

Noteworthy perks: Up to 75% bonus for Preferred Rewards banking customers

Overview

The no-fee BankAmericard Cash Rewards Card offers 2% cash back at grocery stores and wholesale clubs and 3% cash back on gas up to the first $2,500 in combined grocery/wholesale club/gas purchases each quarter; and 1% cash back everywhere else.

On its own, this is a fairly poor cash back card considering that you can get a no fee 2% cash back card instead from Citibank or Fidelity. But, you can get up to a 75% bonus through your banking relationship with Bank of America and/or Merrill Edge. This makes it possible to earn up to: 3.5% at grocery stores and 5.25% on gas up to the first $2,500 in combined purchases each quarter; and 1.75% cash back everywhere else. If you have a very large banking relationship with Bank of America, this card is a great option for a limited amount of grocery, wholesale club, and gas spend.

Overall, this card offers a nice and easy signup bonus, but for long term use it is a good choice only for those with very large Bank of America / Merrill Edge banking relationships.

Application Tips

Bank of America Application Tips


  • 2/3/4 Rule: Max 2 consumer cards per rolling 2 months, 3 per rolling 12 months, and 4 per rolling 24 months.

  • 5 card limit: You will not get approved for a new consumer card if you already have 5 consumer BOA cards open

  • Get Same Card Again: Yes, even if you still have the previous card open.

  • Hard inquiries are usually combined into 1 when initiated within 30 days but there have been reports of TransUnion not combining.


Click here to check your application status
If denied, call reconsideration here: 800-354-0401 (8am-7pm ET Mon-Fri); 866-695-6598 (business cards);

Related Cards (Penny Points)

Capital One® Spark® Cash for Business
 
 
 
$500 Cash Back
$500 after $4,500 spend in 3 months from account opening

No Annual Fee First Year, Then $95

 
 

Recent better offer: $1,000 after $10,000 spend in 3 months from account opening

 
 
The Plum Card® from American Express OPEN
 
 
 
Up to $600
Earn a $200 statement credit after each $10,000 you spend on the card, up to $30,000, in the first 3 months of Card Membership

No Annual Fee First Year, Then $250

 
 
Capital One® Venture® Rewards Credit Card
 
 
 
50K "miles"
50K after $3K spend in 3 months from account opening

No Annual Fee First Year, Then $95

 
 
Capital One® Spark® Miles for Business
 
 
 
50K "miles"
50K after $4,500 spend in 3 months from account opening

No Annual Fee First Year, Then $95

 
 
Bank of America Premium Rewards
 
 
 
50K points
50K after $3K spend in 90 days

$95 Annual Fee

 
 
Capital One® Savor® Cash Rewards Credit Card
 
 
 
$500 Cash Back
$500 after $3K spend in 3 months from account opening

No Annual Fee First Year, Then $95

 
 
Wells Fargo Business Platinum Visa® card
 
 
 
$500 Cash Back
$500 after $5K spend in the first 3 months OR no signup bonus if you choose to earn points instead of cash back
(Offer Expires 9/30/18)

$0 Annual Fee

 
 
BB&T Spectrum Rewards
 
 
 
Up to $1,350
$1350 after $50K spend in 3 months (Get 3% cash back in first 3 months, plus 5% year end bonus + 30% big spend bonus = $2025. Consider $1350 of that to be signup bonus.)

$0 Annual Fee

 
 
FNBO TraveElite Credit Card
 
 
 
25K points
25K after $2.5K spend in first 3 billing cycles

$0 Annual Fee

 
 
PNC Premier Traveler® Visa Signature Credit Card
 
 
 
30K "miles"
30K after $3K spend in 3 months from account opening

No Annual Fee First Year, Then $85

 
 
Wells Fargo Rewards Visa® card
 
 
 
Up to 50K bonus points
5x rewards points on up to $12,500 in gas, grocery, and drugstore purchases for 6 months (that's 1x normal earnings plus 4x bonus)

$0 Annual Fee

 
 
Wells Fargo Visa Signature Card
 
 
 
Up to 50K bonus points
5X rewards points on up to $12,500 in gas, grocery, and drugstore purchases for 6 months. (that's 1x normal earnings plus 4x bonus)

$0 Annual Fee

 
 
Wells Fargo Propel World American Express® Card
 
 
 
30K points
30K after $3K spend in 3 months

$0 Annual Fee

 
 
TD Business Solutions Visa
 
 
 
$300 Cash Back
$300 after $3K spend in 90 days

$0 Annual Fee

 
 

Recent better offer: None

 
 
Bank of America Travel Rewards
 
 
 
25K points worth $250
25K after $1K spend in 90 days

$0 Annual Fee

 
 
Bank of America Cash Rewards
 
 
 
$200 Cash Back
$200 after $500 spend in 90 days

$0 Annual Fee

 
 
TD Cash Visa Credit Card
 
 
 
$200 Cash Back
$200 after $500 spend in 90 days.
(Offer Expires 3/5/18)

$0 Annual Fee

 
 

Recent better offer: None

 
 
TD First Class Visa Signature® Card
 
 
 
25K points
25K: 15K after first purchase + 10K after $3K spend in first 6 billing cycles.

No Annual Fee First Year, Then $89

 
 
Disney Visa Card
 
 
 
$200 Cash Back
$200 after $500 spend in 90 days

$0 Annual Fee

 
 
American Express Cash Magnet™ Card
 
 
 
Up to $250 Cash Back
Up to $250 cash back: $150 back after $1K in purchases in first 3 months + $100 statement credit after an additional $6.5K in purchases within the first 12 months

$0 Annual Fee

 
 
BOA Platinum Business Visa
 
 
 
$200 Cash Back
$200 after $500 spend in 60 days

$0 Annual Fee

 
 
Capital One® VentureOne® Rewards Credit Card
 
 
 
20K "miles"
20K after $1K spend in 3 months from account opening

$0 Annual Fee

 
 
BBVA Compass Select
 
 
 
20K points
20K after $2K spend in 90 days

No Annual Fee First Year, Then $125

 
 
Capital One® Spark® Miles Select for Business
 
 
 
20K "miles"
20K after $3,000 spend in 3 months from account opening

$0 Annual Fee

 
 
Capital One® Spark® Cash Select for Business
 
 
 
$200 Cash Back
$200 after $3,000 spend in 3 months from account opening

$0 Annual Fee

 
 
Asiana Airlines Visa Signature
 
 
 
30K miles
30K after $3K spend in 90 days

$99 Annual Fee

 
 
Capital One® SavorOne℠ Cash Rewards Credit Card
 
 
 
$150 Cash Back
$150 after $500 spend in 3 months from account opening

$0 Annual Fee

 
 
Blue Cash Preferred® Card from American Express
 
 
 
200 Cash Back
$200 cash back after $1K in the first 3 months

$95 Annual Fee

 
 

Recent better offer: $250 after $1K spend targeted (last reported 10/2015)

Up to $350: 10% cash back on purchases at U.S. Restaurants in the first 6 months, up to $200 back. Plus, earn $150 back after $1K spend in 3 months. (Expired 5/3/17)

 
 
Blue Cash Everyday® Card from American Express
 
 
 
$150 Cash Back
$150 cash back after $1K in the first 3 months

$0 Annual Fee

 
 

Recent better offer: $250 after $1K spend targeted (last reported 10/2015)

Up to $300: 10% cash back on purchases at U.S. Restaurants in the first 6 months, up to $200 back. Plus, earn $100 back after $1K spend in 3 months. (Expired 5/3/17)

 
 
Discover it® for Students
 
 
 
$50 + First Year Double + $20/year
Get $50 after first purchase. All cashback earned in first 12 months will be doubled including 5% earned in rotating categories. Plus, get $20 cash back each school year your GPA is 3.0 or higher for up to the next 5 years.

$0 Annual Fee

 
 
Fidelity Rewards Visa
 
 
 
$100 Cash Back
$100 after $1K spend in 3 months.

$0 Annual Fee

 
 
Uber Visa Card
 
 
 
$100 Cash Back
$100 after $500 spend in 90 days

$0 Annual Fee

 
 
AARP Credit Card from Chase
 
 
 
$100 Cash Back
$100 after $500 spend in 3 months

$0 Annual Fee

 
 

Recent better offer: $200 after $500 spend in 3 months

 
 
BBVA Compass NBA American Express Card
 
 
 
10K points
10K after $500 spend in 90 days

$0 Annual Fee

 
 

Recent better offer: 20K after $1K spend. (last reported 1/2016).

 
 
Discover it®
 
 
 
$75 + First Year Double
Get $75 after first purchase. All cashback earned in first 12 months will be doubled including 5% earned in rotating categories.

$0 Annual Fee

 
 
Discover it Miles - Double Miles your first year
 
 
 
$50 + First Year Double
Get $50 after first purchase. All miles earned in first 12 months will be doubled. This makes this a 3% cash back card for the first year.

$0 Annual Fee

 
 
Marvel MasterCard from Synchrony
 
 
 
$25 Cash Back
$25 after first purchase

$0 Annual Fee

 
 

Recent better offer: None

 
 
Asiana Airlines Visa Business Card
 
 
 
10K miles
10K after after first purchase

$80 Annual Fee

 
 
Discover it Business - Double cash back your first year
 
 
 
First Year Double
All cash back earned in first 12 months will be doubled. This makes this a 3% cash back card for the first year.

$0 Annual Fee

 
 
Citi Double Cash Card
 
 
 
None
None

$0 Annual Fee

 
 

Recent better offer: None

 
 
Alliant Cashback Visa Signature Card
 
 
 
3% First Year
Earn 3% cash back first year, then 2.5% thereafter

No Annual Fee First Year, Then $59

 
 
SimplyCash® Plus Business Credit Card from American Express
 
 
 

No signup bonus at this time.

$0 Annual Fee

 
 

Recent better offer: $500: $250 after $5K in 6 months plus $250 after additional $10K in 12 months (Expired 4/25/18)

 
 
Ducks Unlimited Visa from First Bankcard
 
 
 

Currently there is no signup bonus for this card, but the bonus categories might make it attractive nonetheless.

$0 Annual Fee

 
 

Recent better offer: None

 
 

Earn Miles Without Flying: START HERE

Leave a Reply

avatar

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
Notify of