Why consider the Bank of America® Customized Cash Rewards Credit Card?

The Bank of America® Customized Cash Rewards Credit Card is one of the most popular options in the U.S. for people seeking personalized cashback.

With its flexible structure, it allows cardholders to choose where they want to earn more, adapting benefits to spending habits and everyday needs.

This card also attracts attention for not charging an annual fee, offering practical advantages without additional costs that impact your monthly budget.

Understanding its advantages and disadvantages is essential to evaluate whether this card is the ideal ally for your financial and lifestyle goals.

Advantages of the Bank of America® Customized Cash Rewards Credit Card

• Flexible reward category: You can choose one category each month to earn 3% cashback, such as travel, dining, or gas, adapting benefits to your spending style.
• Cashback in supermarkets and wholesale clubs: In addition to the main category, the card offers 2% cashback in supermarkets and wholesale clubs, ensuring savings on essential everyday purchases.
• Welcome bonus: After spending $1,000 in the first 90 days, you earn a $200 bonus, a quick and motivating benefit for new cardholders.
• No annual fee: The absence of annual fees makes the card accessible to different profiles, allowing all rewards to be enjoyed without unnecessary extra charges.
• Introductory zero APR: The card offers a 0% introductory APR for 15 billing cycles on purchases and balance transfers, ideal for financial organization.
• Preferred Rewards program: clients who are part of Bank of America’s Preferred Rewards program can increase cashback percentages by 25% to 75%, maximizing every dollar spent.
• Visa Signature benefits: The card includes Visa Signature perks such as extended warranties, travel assistance, and access to exclusive offers and experiences worldwide.
• Digital convenience: It is fully compatible with online banking and digital wallets, offering contactless payments and easy control over expenses and reward categories.
• Fraud protection: Zero liability for unauthorized transactions and features like overdraft protection strengthen customer confidence, making the card a secure choice.

Disadvantages of the Bank of America® Customized Cash Rewards Credit Card

• Quarterly spending limit: The 3% and 2% cashback rates apply only to the first $2,500 spent per quarter, reducing rewards for heavy spenders.
• Foreign transaction fee: A 3% fee is charged on international purchases, making this card less attractive for frequent travelers or those who shop abroad often.
• Category management: Although flexible, having to choose the category each month can be inconvenient for those who prefer a simple card with fixed rewards.
• Average starting limit: Initial limits often range from $500 to $1,000 for many customers, which may not meet the needs of those seeking higher spending power.
• High regular APR: After the promotional period, the variable APR ranges between 18.24% and 28.24%, which can be expensive for those carrying a balance.

Conclusão

The Bank of America® Customized Cash Rewards Credit Card balances flexibility, security, and rewards, making it an interesting option for many profiles of consumers across the U.S.

Its customizable cashback categories and lack of annual fees stand out as strong advantages, especially for those who adapt benefits according to their lifestyle.

On the other hand, the spending limit on bonus categories and the 3% international transaction fee may be significant disadvantages for frequent travelers.

Choosing this card depends on your spending habits and priorities, but it can be a powerful ally for those seeking savings and flexibility.

Discover the Power of the Bank of America® Customized Cash Rewards Credit Card

The Bank of America® Customized Cash Rewards Credit Card is designed for those who want more than just an ordinary credit card. With this option, your everyday spending turns into opportunities for rewards that add real value to your financial life. At its core, it delivers flexibility and convenience.

One of its greatest advantages is the freedom to choose your 3% cashback category, allowing benefits to adapt to your lifestyle. Whether your spending is higher on dining, travel, gas, or online shopping, this card adjusts to your habits. Combined with 2% cashback at supermarkets and wholesale clubs, every purchase works to your advantage.

The welcome bonus makes the experience even more rewarding, giving you value from the very beginning. And because there’s no annual fee, every dollar earned in cashback goes directly back into your pocket. For clients enrolled in the Preferred Rewards program, the chance to boost cashback even further creates unmatched earning potential.

Beyond rewards, the card brings security, digital convenience, and the reliability of one of America’s leading banks. From fraud protection to Visa Signature® benefits, it ensures confidence and peace of mind in your daily purchases. If you’re looking for a card that combines savings, flexibility, and trust, this could be the perfect fit for your lifestyle.