Many excellent Bank of America credit card options are available. These cards offer a wide range of benefits such as cash back and travel reward points. The best card for you depends on your financial situation as well as your personal preferences. Bank of America credit cards offer excellent benefits for both students and business owners. A card should offer strong rewards and benefits. The Bank of America Business Advantage Customized cash rewards mastercard is the best choice for travel rewards credit cards.
Bank of America Business Advantage Customized Cash Rewards Mastercard
Bank of America Business Rewards Customized Cash Rewards Credit Card provides flexible rewards to business owners. This card allows you to earn up to $300 in statement credits every year with a minimum spend requirement of $3,000 per year. Additional benefits include a two percent cashback for dining purchases and a one percent return on everything else. These rewards can build up to a $50,000 credit card limit.
To be eligible for this credit card, applicants must have at least a 720 FICO(r). The minimum credit score for this card is not too high. However, most applicants will get approved with credit scores that are excellent to excellent. A 3% foreign transaction fee is included with the Bank of America Business Advantage Customized cash Rewards Mastercard.
After earning cash back, customers can redeem it to get a statement credit, cash or a check. Bank of America allows customers to make monthly category changes. It is also possible to automatically invest the cash back earnings into a Merrill Lynch investment account or directly into a Bank of America account.
Bank of America Premium rewards card
Bank of America Premium Reward card offers great rewards and a low annual fee. It is an attractive option because it has a low annual fee and offers a modest sign up bonus. Merrill account holders and members of Preferred Rewards have access to higher reward tiers. With this card, you can earn points for all of your purchases, even those that don't require a cash-back option, and you can redeem them for travel, cash back, or gift cards.
The Bank of America premium rewards credit card doesn't have a foreign transaction charge. That can add up as much as 1.49% to your international purchases. However, this card is not available to everyone who has top-tier credit. This can make it difficult for some consumers.
Bank of America Cash Rewards Credit card for Students
Students who want to earn cash back cards with multiple benefits can consider the Bank of America Cash Rewards credit card for Students. The card includes a $0 fraud guarantee and a variety of features to help students budget. It offers many benefits, including a rewards program that gives you points for every purchase. You also get cash back, with one of the bonuses matching your cash.
Students can redeem their rewards through a variety of methods, including statements credits, Bank of America account deposits and paper checks. The credit card is valid for as long as there are active accounts.