Some credit cards make you feel like you’re working for them. You read the fine print, track reward calendars, activate bonuses, and still wonder if you’re doing it right. It’s rewarding — but exhausting. Now imagine a card that does the heavy lifting for you. No mental math. No rotating hoops. Just real cashback, on everything you buy, with no strings attached. That’s the promise of the Bank of America® Unlimited Cash Rewards Credit Card.
Bank of America® Unlimited Cash Rewards
No annual fee Earn Unlimited Cash BackMore than a product, this card is a response to what everyday cardholders have been asking for: clarity, consistency, and control. It rewards your loyalty without demanding constant attention — and if you’re already part of the Bank of America or Merrill ecosystem, it simply makes sense.
✅ Key Benefits You’ll Actually Use
1. Simple Cashback on Everything: Earn 1.5% unlimited cashback on every purchase — groceries, gas, subscriptions, you name it. No rotating categories or spending caps to track.
2. $200 Welcome Bonus: Spend $1,000 in the first 90 days and get $200 as a cash reward. That’s a 20% return on your first $1,000.
3. No Annual Fee, Ever: You keep your rewards — not spend them on fees.
4. Extra Earnings with Preferred Rewards: If you have an eligible account with Bank of America or Merrill and meet the minimum balance requirements, your 1.5% cashback rate can increase to:
- 1.875% (Gold tier)
- 2.25% (Platinum tier)
- 2.625% (Platinum Honors)
5. Flexible Redemption Options
Cashback isn’t locked into just one format. You can redeem your rewards in ways that actually work for you:
- Pay down your balance with statement credits
- Transfer funds directly into your Bank of America checking or savings
- Grow your investments by moving rewards into your Merrill Edge portfolio
Whether you’re saving, spending, or investing — your cashback adapts to your goals.
6. Bonus Features
- 0% intro APR for 15 billing cycles on purchases and balance transfers
- Digital wallet support: Apple Pay®, Google Pay™, Samsung Pay
- Free access to your monthly FICO® Score
- $0 fraud liability and customizable account alerts
🧾 Fees & Interest Overview
- Annual Fee: $0
- Intro APR: 0% for 15 billing cycles (purchases and balance transfers)
- Regular APR: 18.24%–28.24% variable
- Balance Transfer Fee: 3% (or $10 minimum)
- Foreign Transaction Fee: 3%
- Late Fee: Up to $40
Quick Comparison With Similar Cards
| Card Name | Base Cashback | Annual Fee | Best For |
|---|---|---|---|
| BOA Unlimited Cash | 1.5% (up to 2.625%) | $0 | Merrill clients |
| Citi® Double Cash | 2% (1% + 1%) | $0 | Flat-rate structure |
| Chase Freedom Unlimited® | 1.5% + bonus | $0 | Extra cashback in select areas |
👤 Eligibility Requirements
You’re likely to qualify if you meet these criteria:
- Credit Score: 690 or higher (Good to Excellent)
- Age: At least 18 years old (19 in some states)
- Residency: U.S. residential address required
- SSN: Valid Social Security Number
- Income: Must be sufficient to repay credit extended
💡 Tip: Even if you’re not sure, you can check for prequalification on BOA’s site without impacting your credit score.
📝 How to Apply
Applying is quick and can often yield instant approval. Step-by-Step:
- Visit the official Bank of America credit cards website
- Select “Unlimited Cash Rewards” and click “Apply Now”
- Enter your:
- Full legal name
- Address and contact details
- SSN and date of birth
- Employment and income info
- Monthly housing cost
- Review your terms and submit
🟢 Already client? Apply while logged in to speed up the process — many details will be auto-filled.
❓ Frequently Asked Questions
Will my cashback expire?
No. Your rewards never expire as long as your account remains open and in good standing.
Can I get approved with fair credit?
This card generally requires good to excellent credit (690+), but BOA may consider your full profile.
What happens if I close the card — do I lose the cashback?
Unredeemed cashback may be forfeited, so it’s best to redeem before closing the account
Can I stack rewards with another Bank of America credit card?
Absolutely. Many users combine this with the Customized Cash Rewards card to maximize both flat and category-based cashback.
Are the Preferred Rewards tiers applied automatically?
Yes. Once your total assets qualify, the boosted cashback rate is automatically applied to all future purchases.
📌 Apply online today and unlock in bonus cash, plus scalable cashback that works without effort.
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