Want a credit card that gives you huge online cash rewards from your purchases? Then you are in the right place.
By applying for a Bank of America Credit Card, you can enjoy tons of perks like this, including a 10% bonus each time you redeem your cashback into a Bank of America checking or savings account.
Read on to learn how you can apply for a Bank of America Credit Card.
Bank of America Credit Card Features
Bank of America offers a complete line of credit cards for different types of buyers. With all Bank of America cards, you can make hassle-free online and in-store shopping.
Moreover, you can avail of various travel and hotel accommodation perks, allowing you to further enjoy your vacations and business trips.
What’s more, you don’t need to worry about the security of your transactions. Cards from Bank of America incorporate a suite of security features. One of them is the ShopSafe service that hides your real card number during online transactions.
Bank of America has additional perks and promos unique to each card. For simplicity, let’s look at its entry-level Bank of America Cash Rewards Credit Card (Mastercard).
This credit card targets frequent shoppers who want to maximize their spending. Aside from ZERO annual fees, it has an exclusive set of perks.
Bank of America Cash Rewards Credit Card Benefits
As a Cash Rewards Credit cardholder, you can enjoy 0% APR for your first 12 billing cycles! This also applies to any balance transfers made within 60 days after receiving the card.
What’s more, during the first 90 days of receiving your card, you can earn $200 in online cash rewards. Simply take advantage of this perk after making a minimum of $500 in purchases. You can even enjoy more rewards by becoming a Preferred Rewards client.
Moreover, you can earn cashback on every item you buy. For the first $2,500 total spending for each quarter, you can get 2% cashback on grocery items, 3% on gas, and 1% on other purchases. Simply redeem your cashback online.
Apply for a Bank of America Credit Card
Interested in applying fora Bank of America Cash Rewards Credit Card? Here are the steps.
Visit the Bank of America website here and fill out the online credit card application form. To increase your chances of approval, you should be a permanent US resident with a Social Security number (SSN).
Having a savings or checking account with the bank will also boost your chances.
You may be asked for proof of income, so be prepared to give them copies of your paychecks and other documents.
Bank of America Credit Card Fees and Charges
For simplicity, let’s take one more look at the Bank of America Cash Rewards Credit Card.
- Annual Fee: $0
- Annual Interest Rate: 0% for your first 12 billing cycles, 15.24% to 25.24% thereafter
- Cash Advance Fee: $10 or 3% of the amount withdrawn
- Late Payment Fee: $38
- Balance Transfer fee: 3% or a minimum of $10
If your credit card application is approved, your credit limit can range from $2,000 – $20,000, depending on your credit history and score.
Contact the Bank
If you would like to learn more about the Bank of America Credit Card, you can contact the bak directly at 1 (800) 432-1000.
In addition, you can find their headquarters at 100 North Tryon Street, Charlotte, NC 28255.
Conclusion
Overall, holding a Bank of America credit card, particularly the Cash Rewards Credit Card, increases your spending power, especially if you’re a frequent buyer or traveler.
With its many rewards and cashback features, this is a great financial tool for your everyday needs. Apply today!
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.
