The Bank of America Cash Rewards credit card* comes with some serious — and customizable — perks: a tiered cash back system, introductory 0% … Bank of America® Travel Rewards credit card Excellent rewards for the price (which is $0) This $0-annual-fee card offers a solid flat rewards rate of 1.5 points per dollar on all purchases. Are you sure you want to rest your choices? The Pros: The program is entirely free and it’s easy to enroll and start earning. If you’re looking for a new travel card, the Bank of America Premium Rewards Card might be for you. Out of much demand from its customers, Bank of America enhanced its redemption options. Asia is a former personal finance writer for the Money and Markets team at Forbes. You can access your points once you’ve earned a minimum of 2,500 points, or $25. This essentially turns your 3% cashback rate into 3.75%, 4.5% and 5.25%. That said, some similarly priced credit cards are even more generous. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear within listing categories. Bank of America Cash Rewards Credit Card Review The Bank of America® Cash Rewards Credit Card offers a strong rewards program with no annual … You’ll only receive double points on travel and dining purchases. At the platinum level, Bank of America boosts your rewards by 50%, meaning 3 points per travel and dining dollar and 2.25 points for non-travel purchases. Before joining Forbes, she reported for Financial Advisor magazine and also wrote for The Cranford Chronicle, NJ.Com and ThePopBreak.com. Many Americans Have Already Received Their $600 Stimulus Payments—Have You? Basically, the more cash you hold with Bank of America and/or Merrill, the more you’ll get in cash back. You’ll earn 2 points for every dollar you spend on travel and dining – which is equivalent to what some competitors, such as the Chase Sapphire Preferred® Card* offer. The Bank of America Premium Rewards credit card offers 2 points for every dollar spent on travel and dining, with all other purchases earning 1.5 points. With such a generous travel credit, the Bank of America Premium Rewards credit card doesn’t require much of a commitment – as long as you spend enough on incidental purchases, such as baggage fees, to use your travel credit. The card offers a $100 airline credit that you can use for incidental expenses, an application fee credit for TSA Pre-check or Global Entry and a solid points program that rewards a variety of spenders. Get 25% more value when you redeem for travel through Chase Ultimate Rewards®. Credit Score ranges are based on FICO® credit scoring. We’ll do a soft credit pull to find them, which will never impact your credit score. If you have questions about a card or need help from customer service, you shouldn’t have any trouble reaching a Bank of America representative. APR Bank of America Cash Rewards credit card offers an introductory 0% APR for 12 billing cycles on purchases and any balance transfers made in the first 60 days. You’re a Bank of America customer with at least $20,000 tucked away in a Bank of America deposit account. You might be using an unsupported or outdated browser. These cards reward cardholders for every dollar they charge to their card. See related:TSA Precheck, Global Entry credits now offered on lower-annual-fee cards. With a $95 annual fee, this credit card offers 2X points per $1 spent on dining and travel and 1.5X points per $1 spent on all other purchases. 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