How to Apply for Bank of America Unlimited Cash Rewards Credit Card

Unlock the power of rewards with the Bank of America Unlimited Cash Rewards Credit Card, a financial tool that offers exceptional value. Designed for those who value simplicity and endless perks, this card is a great addition to your wallet. It transforms your everyday expenses into valuable rewards, making each purchase more rewarding.

Enjoy 1.5% unlimited cash back on every purchase, whether you’re shopping online, dining out, or traveling across the country. No matter where you spend, you can earn consistently with no rotating categories or limits to track. Plus, this card offers a $200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days of account opening.

Beyond rewards, the card comes with additional features like no annual fee and various online banking tools to manage your account efficiently. If you’re looking for a straightforward way to earn cash back and elevate your spending experience, this card may just be your perfect match.

Benefits of the Bank of America Unlimited Cash Rewards Credit Card

Unlimited 1.5% Cash Back on All Purchases

One of the standout benefits of the Bank of America Unlimited Cash Rewards Credit Card is the straightforward rewards system. You earn an unlimited 1.5% cash back on all purchases—no need to worry about rotating categories or activation processes. This means whether you are grocery shopping, dining out, or paying for utilities, you continually earn rewards. To maximize this benefit, consistently use your card for everyday purchases where possible.

Introductory 0% APR on Purchases

This credit card offers a compelling introductory rate of 0% APR on purchases for the first 18 billing cycles. This can be particularly advantageous for making large purchases that you wish to pay off over time without accruing interest. Plan major expenses like home improvements or travel around the start of your credit card usage to make the most out of this introductory period.

No Annual Fee

Enjoy the simplicity of the Bank of America Unlimited Cash Rewards Credit Card without the burden of carrying an annual fee. With no annual fee, all your rewards can go directly back into your pocket without the worry of extra costs. This is ideal for budget-conscious cardholders who want to maximize their cash back.

Additional Rewards for Bank of America Customers

If you are already a Bank of America customer, you could benefit even more through the Preferred Rewards program. By maintaining a qualifying balance, you can receive bonuses on your cash back rewards, up to 75%. Check with your local Bank of America branch or online to see how you can enroll in this program to enhance your rewards.

SIGN UP TO GET YOUR BANK OF AMERICA UNLIMITED CASH REWARDS CREDIT CARD

This credit card allows cardholders to earn cash back on every purchase, making it simple to accumulate rewards without tracking categories or limits. Additionally, the attractive introductory offer provides an excellent incentive for new customers, enhancing the card’s overall value. The card is a strong competitor in the cash back rewards market, especially for individuals looking to maximize their everyday spending. Furthermore, there are no annual fees, making it a cost-effective choice for consumers who want to benefit from rewarding features without incurring additional costs.

Requirements to Apply for the Bank of America Unlimited Cash Rewards Credit Card

• Minimum Credit Score: To apply for the Bank of America Unlimited Cash Rewards Credit Card, you generally need a good or excellent credit score, typically around 670 or higher. This score suggests to the bank that you are a reliable customer and likely to repay any borrowed funds.
• Proof of Income: Applicants must provide proof of income to demonstrate their ability to pay off credit card balances. This can include pay stubs, tax returns, or other documentation that verifies your earnings.
• U.S. Resident: You must reside in the United States and have a valid Social Security number or Individual Taxpayer Identification Number (ITIN) to be eligible for this credit card.
• Age Requirement: Applicants need to be at least 18 years old. However, if you’re under 21, you may need to provide proof of independent income or a co-signer to qualify.
• Bank of America Account: While not mandatory, having a Bank of America savings or checking account might improve your chances of approval, as it can demonstrate an established banking relationship.

SIGN UP TO GET YOUR BANK OF AMERICA UNLIMITED CASH REWARDS CREDIT CARD

How to Apply for the Bank of America Unlimited Cash Rewards Credit Card

Step 1: Visit the Bank of America Website

To start your application process for the Bank of America Unlimited Cash Rewards Credit Card, visit the official Bank of America website. You can do this from a computer or mobile device by entering “www.bankofamerica.com” into your web browser’s address bar. Once there, click on the “Credit Cards” section or type “Unlimited Cash Rewards Credit Card” into the site’s search bar to locate the specific card page.

Step 2: Review the Credit Card Details

Before applying, it is important to understand the features and benefits of the Unlimited Cash Rewards Credit Card. On the product page, you will find information about cashback rates, annual fees, interest rates, and other terms of the card. Ensure that the card suits your financial needs and goals before proceeding with the application.

Step 3: Start Your Application

Once you’ve reviewed the card details, click on the “Apply Now” button. You will be directed to the online application form. Here, you will need to provide your personal information such as name, address, date of birth, and social security number. Additionally, you will need to submit financial information like your income and employment details. Ensure all information is accurate to avoid any processing delays.

Step 4: Submit and Wait for Approval

After completing the application form, carefully review all the information to ensure it is correct. When you are satisfied, submit your application. You will typically receive a notification of approval or denial within a few minutes. In some cases, further review might be required, and you could receive a decision via email within a few business days.

SIGN UP TO GET YOUR BANK OF AMERICA UNLIMITED CASH REWARDS CREDIT CARD

Step 5: Activation Upon Approval

If your application is approved, you will receive your new credit card by mail within 7 to 10 business days. Upon receiving it, follow the instructions included to activate your card. This is typically done over the phone or through your online banking account.

Frequently Asked Questions about Bank of America Unlimited Cash Rewards Credit Card

What are the cash back rewards offered by the Bank of America Unlimited Cash Rewards Credit Card?

The Bank of America Unlimited Cash Rewards Credit Card offers a straightforward cash back program. You earn unlimited 1.5% cash back on all purchases you make. This means for every dollar you spend, you earn 1.5 cents in cash rewards, with no cap on how much you can earn.

Is there an annual fee for the Bank of America Unlimited Cash Rewards Credit Card?

No, there is no annual fee for this credit card. This means you can benefit from the cash back rewards without worrying about any yearly charge detracting from your earnings.

Are there any promotional offers for new cardholders?

Yes, new cardholders of the Bank of America Unlimited Cash Rewards Credit Card can enjoy a special introductory APR offer of 0% on purchases for the first 18 billing cycles. After the introductory period ends, a variable APR based on your creditworthiness will apply.

How can I redeem the cash back rewards I earn?

You have multiple options to redeem your cash back rewards. You can choose to have the cash deposited into a Bank of America checking or savings account, apply it as a statement credit on your credit card, or purchase gift cards. This flexibility makes it easy to use your rewards in a way that suits your financial needs.

Is the Bank of America Unlimited Cash Rewards Credit Card a good option for students?

While this card offers some great benefits, such as no annual fee and cash back rewards, it might not be specifically designed for students who might require features like lower credit score requirements or student-focused benefits. However, if you have an established credit history and are looking for a straightforward rewards card, it could be a suitable option.

Linda Carter

Linda Carter is a writer and financial expert specializing in personal finance and financial planning. With extensive experience helping individuals achieve financial stability and make informed decisions, Linda shares her knowledge on our platform. Her goal is to empower readers with practical advice and strategies for financial success.