Bank of America® Unlimited Cash Rewards credit card
Discover why thousands are lining up for Bank of America® Unlimited Cash Rewards credit card – a standout among cash back cards right now.
What's the secret behind its popularity? It boasts an easy-to-earn $200 online cash rewards bonus and unlimited 1.5% cash back on all purchases without needing to track categories.
However, this enticing bonus is just the beginning of what this card offers. The addition of the competitive 0% intro APR period (until nearly 2026!) for purchases and balance transfers is why our experts consider it an excellent choice for cash back and ideal for a one-card wallet strategy.
Here are the details:
- $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening. That’s effectively a 20% cash back rate on that spend!
- Earn unlimited 1.5% cash back on all purchases.
- 0% intro APR for your first 15 billing cycles for purchases and balance transfers – one of the longest 0% interest periods for no-annual-fee cash back cards.
- $0 annual fee
- Click APPLY NOW to apply today
Heads up
The $200 welcome offer could vanish without notice. If this card has caught your eye, seize the opportunity and use this link to apply today.
Apply Now for Bank of America® Unlimited Cash Rewards credit card
On Bank of America's Secure Website.
Unlimited cash back
Bank of America® Unlimited Cash Rewards credit card
Apply Now for Bank of America® Unlimited Cash Rewards credit card
On Bank of America's Secure Website.
4.50 out of 5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor4.50 out of 5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor
Apply Now for Bank of America® Unlimited Cash Rewards credit card
On Bank of America's Secure Website.
offer alert
Preferred Rewards members earn 25% - 75% bonus cash back. That's up to 2.625% cash back on every purchase!
Intro APR 0% Intro APR for 15 billing cycles for purchases. 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days. After the intro APR offer ends, 19.24% - 29.24% Variable APR on purchases and balance transfers will apply. A 3% fee for 60 days from account opening, then 4% fee applies to all balance transfers.
Purchases: 0% Intro APR for 15 billing cycles for purchases
Balance Transfers: 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days
Regular APR
19.24% - 29.24% (Variable)
Rewards Earn unlimited 1.5% cash back on all purchases.
1.5% cash back
Annual Fee
$0
Welcome Offer $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening
$200 cash back
- $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
- Earn unlimited 1.5% cash back on all purchases.
- If you're a Bank of America Preferred Rewards® member, you can earn 25%-75% more cash back on every purchase. That means you could earn 1.87%-2.62% cash back on every purchase with Preferred Rewards.
- No annual fee.
- No limit to the amount of cash back you can earn and cash rewards don’t expire as long as your account remains open.
- 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 19.24% - 29.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.
So what can this actually add up to in the real world? We calculate that the average cardholder can secure $681 from the welcome bonus and cash back alone. (See how below.) Not a bad return on investments for the 2-minute application process!
Why we rate this as a top cash back card
$200 cash back online cash rewards bonus – Some cards have hoops to jump through before earning a welcome offer. After you make at least $1,000 in purchases in the first 90 days of account opening, you're set.
Unlimited 1.5% cash back – Every purchase made with the card earns 1.5% cash back.
$0 annual fee – Other cards with cash bonuses sport an annual fee. Not so for this card.
0% intro APR for purchases and balance transfers – New purchases and balance transfers are interest-free for your first 15 billing cycles.
No limits and no expiration – There is no limit to the amount of cash back you can earn and cash rewards do not expire
Even more rewards – If you're a Preferred Rewards member, you can earn 25%-75% more cash back on every purchase. That means you could earn 1.87%-2.62% cash back on every purchase with Preferred Rewards.
How to potentially secure $681 worth of value
Credit cards are an essential tool that can make your money work harder for you, including earning rewards and using 0% intro APR offers to avoid interest charges on purchases. Tally up the core perks on Bank of America Unlimited Cash Rewards card and the card packs in $681 worth of value! Here's how the value adds up:
- Earn $481 cash back - The average American budget* would result in earning $481 cash back each year. Preferred Rewards members could earn 25-75% more!
- Secure the $200 cash back welcome offer when you spend $1,000 on purchases in the first 90 days from account opening.
These categories alone tally up to $681 worth of value. Keep in mind that the value for many cardholders could be far higher, since you can avoid interest charges for 15 months on purchases and balance transfers or if you're a Preferred Rewards member.
Bonus rewards for Preferred Rewards members
If you're a Bank of America banking and investment customer, this card could be a real stand-out. That's because Preferred Rewards members earn bonus cash back on their rewards cards. To qualify for bonus rewards, you need to meet minimum balance requirements between your Bank of America deposit and Merrill investment accounts. The tiers to that program are:
- Gold: $20,000 - $49,999 combined balance minimum, 25% bonus rewards (1.875% total cash back)
- Platinum: $50,000 - $99,999 combined balance minimum, 50% bonus rewards (2.25% total cash back)
- Platinum Honors: $100,000+ combined balance minimum, 75% bonus rewards (2.625% total cash back)
That makes the cash back potential of this card truly spectacular.
Final Take
It’s easy to see why our experts rate this card so highly, with its lucrative $200 cash back welcome offer, strong unlimited cash back rate, and a lengthy 0% intro APR period. Add in the fact that you can get this all for no annual fee, and it becomes a no-brainer for many consumers.
There’s a strong chance that this card will be an upgrade over your current credit card, and especially over debit cards (which offer much worse fraud protection than credit cards). Use the link below to apply today and lock in the full bonus while it’s still around.
Suggested credit score
Bank of America Unlimited Cash Rewards card is intended for cardholders with at least good credit, which typically means credit scores of 670 or better. Bank of America will look at your entire credit profile when evaluating your application, not just your credit scores. So, you could potentially qualify with a lower credit score, but you'll have the best chances of approval if you have a good to excellent credit score.
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent, a Motley Fool service, does not cover all offers on the market. The Ascent has a dedicated team of editors and analysts focused on personal finance, and they follow the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands.
JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Discover Financial Services is an advertising partner of The Ascent, a Motley Fool company. Bank of America is an advertising partner of The Ascent, a Motley Fool company. The Motley Fool has positions in and recommends Amazon, Bank of America, JPMorgan Chase, Target, and Visa. The Motley Fool recommends Discover Financial Services. The Motley Fool has a disclosure policy.