Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the credit card information that we publish has been written and evaluated by experts who know these products inside out. We only recommend products we either use ourselves or endorse. This site does not include all credit card companies or all available credit card offers that are on the market. See our advertising policy here where we list advertisers that we work with, and how we make money. You can also review our credit card rating methodology.
![Chase vs. Bank of America Credit Cards – Which Is Best? [2023]](https://upgradedpoints.com/wp-content/uploads/2022/07/Contactless-payment.jpg?auto=webp&disable=upscale&width=1420&height=650&fit=crop)
We may be compensated when you click on product links, such as credit cards, from one or more of our advertising partners. Terms apply to the offers below. See our Advertising Policy for more about our partners, how we make money, and our rating methodology. Opinions and recommendations are ours alone.
Comparing what the largest banks in the U.S. offer in the way of credit cards is always fascinating. Although JPMorgan Chase and Bank of America are the 2 largest banks in the U.S. by total assets, the 2 institutions couldn’t have a more opposite approach to credit card portfolios.
In general, Bank of America focuses on cash-back rewards, while Chase is focused on those interested in travel rewards.
Sure, Bank of America and Chase both offer products that intertwine themselves with different credit card strategies, but their messaging of flagship credit cards is pretty clear in general.
Let’s compare what credit cards these 2 juggernauts offer in a head-to-head comparison!
Chase’s flagship rewards system is called Ultimate Rewards. Even though Chase works with airlines and hotels, including United and IHG, to issue co-branded credit cards, Ultimate Rewards is unique because it isn’t tied to a single airline or hotel.
For this reason, Chase Ultimate Rewards points are incredibly valuable and easy to use. Best of all, Chase issues a series of different credit cards that earn Ultimate Rewards points (or cards with rewards easily converted into Ultimate Rewards points).
Bank of America’s flagship rewards program is called Preferred Rewards (its business rewards program is called Preferred Rewards for Business).
Broadly speaking, Bank of America points can’t be transferred to travel partners, which is already a huge setback for Bank of America if you’re looking to maximize value.
Right now, Chase Ultimate Rewards points can be used for:
The redemption options above are sorted from highest to lowest value. The best value, without a doubt, is to transfer Ultimate Rewards points to travel partners for luxury award travel where you can get up to 10 cents per point of value!
Right now, Chase has a fantastic list of transfer partners:
| Chase Airline Transfer Partner | Min Transfer | Transfer Ratio (Chase > Airline) | Transfer Time |
|---|---|---|---|
| Aer Lingus AerClub | 1,000 | 1:1 | Almost Instant |
| Air Canada Aeroplan | 1,000 | 1:1 | Almost Instant |
| Air France-KLM Flying Blue | 1,000 | 1:1 | 1 hour |
| British Airways Executive Club | 1,000 | 1:1 | Almost Instant |
| Emirates Skywards | 1,000 | 1:1 | Almost instant |
| Iberia Plus | 1,000 | 1:1 | Almost Instant |
| JetBlue | 1,000 | 1:1 | Almost Instant |
| Singapore Airlines KrisFlyer | 1,000 | 1:1 | 1-2 days |
| Southwest Airlines Rapid Rewards | 1,000 | 1:1 | Almost Instant |
| United Airlines MileagePlus | 1,000 | 1:1 | Almost Instant |
| Virgin Atlantic Flying Club | 1,000 | 1:1 | Almost Instant |
| Chase Hotel Transfer Partner | Min Transfer | Transfer Ratio | Transfer Time |
|---|---|---|---|
| IHG One Rewards | 1,000 | 1:1 | 1 day |
| Marriott Bonvoy | 1,000 | 1:1 | 2 days |
| World of Hyatt | 1,000 | 1:1 | Almost Instant |
In particular, you can transfer Chase points to frequent flyer programs including Air Canada Aeroplan, British Airways Executive Club, United MileagePlus, Emirates Skywards, and Singapore Airlines KrisFlyer at a 1:1 ratio to book amazing flights like Emirates first class, Etihad first class, Qatar Airways Qsuites, Singapore Airlines First Class Suites, and so much more.
Even more impressive, you can transfer Chase points to World of Hyatt at a 1:1 ratio to book some amazing luxury hotel stays.
That’s why we value Chase Ultimate Rewards points at 2 cents each.
Chase travel portal reservations and Pay Yourself Back redemptions will get a maximum of 1.5 cents per point in value, while gift cards net up to 1.2 cents per point, cash-back gets 1 cent per point, and online shopping will almost always get you less than 1 cent per point of value.
On the flip-side, Bank of America points are worth a flat 1 cent per point.
However, you can earn a bonus of up to 75% extra rewards if you hold minimum deposits and/or assets in your qualifying Bank of America and/or Merrill accounts. Your points will still be worth a flat 1 cent per point, but you’ll get more rewards per dollar spent with the Preferred Rewards program.
Currently, you can use your points for gift cards, Bank of America Travel Center bookings, statement credits, or direct deposits into Bank of America and eligible Merrill investment accounts only.
If you’re looking for a great starter rewards credit card to dip your toes into travel rewards, we’ll show you our favorite picks in this section.
A fantastic travel card with a huge welcome offer, good benefits, and perks for a moderate annual fee.
The Chase Sapphire Preferred® card is one of the best travel rewards cards on the market. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives you the opportunity to earn lots of bonus points on these purchases.
Additionally, it offers flexible point redemption options, no foreign transaction fees, and excellent travel insurance coverage including primary car rental insurance. With benefits like these, it’s easy to see why this card is an excellent choice for any traveler.
Without a shadow of a doubt, the Chase Sapphire Preferred card is the best overall travel rewards credit card among those in Chase and Bank of America’s portfolios.
That’s because it has a vast rewards structure, an introductory welcome bonus, and attractive ongoing perks.
Here’s how you can earn up to 5x Ultimate Rewards points with the Chase Sapphire Preferred card:
To earn even more rewards, you’ll earn a 10% anniversary bonus after every cardmember anniversary year.
We value Chase points at 2.2 cents each, which means you’d earn a maximum of 10.2% on your spending.
Furthermore, the Chase Sapphire Preferred card comes with a 25% redemption bonus on travel bookings made through Chase Ultimate Rewards and Pay Yourself Back through select rotating categories, which would get you a redemption value of 1.25 cents per point.
The card also has a $50 annual hotel credit on bookings made through Chase Ultimate Rewards, as well as a complimentary DoorDash DashPass membership, phenomenal travel insurance, purchase protection, extended warranty, no foreign transaction fees, and fee-free authorized user cards.
The Bank of America Premium Rewards card is a great travel rewards card for those looking for a simple approach to earning and redeeming rewards.
The Bank of America® Premium Rewards® credit card is a great option for anyone looking for a travel rewards card with a simple approach to how you earn and redeem your rewards.
From travel and purchase protections to airline incidental and Global Entry credits, there is plenty to love about the Bank of America Premium Rewards card.
Plus, those that hold status in the Bank of America Preferred Rewards program can get even more value from the card by boosting their rewards by 25% to 75%!
Our runner-up credit card in this segment is the Bank of America Premium Rewards card, which offers the ability to earn points that can be used to book travel through the Bank of America Travel Center.
Currently, new cardholders can qualify for a welcome bonus, as well as up to 2x points per dollar spent:
If you happen to be a Preferred Rewards member by virtue of your Bank of America deposit or investment accounts, you can also get 25% to 75% more points on your purchases, effectively allowing you to earn:
Also, you’ll get 2 sets of travel credits:
Also, you won’t be hit with any foreign transaction fees or additional annual fees for authorized users.
Bottom Line: The Chase Sapphire Preferred card overtakes the Bank of America Premium Rewards card as the best overall travel rewards card, thanks to Chase’s transfer partners and attractive rewards categories. That being said, the Bank of America Premium Rewards card offers some potentially lucrative rewards if you happen to have large eligible deposits with Bank of America or Merrill and are focused on cash-back rewards.
Now that we’ve discussed our best overall travel rewards credit card (the most popular segment), let’s get into another popular segment: business credit cards!
In this section, we’ll show you our 2 favorite business credit cards within Chase’s and Bank of America’s portfolios.
The Ink Business Preferred card is hard to beat, with a huge welcome bonus offer and 3x points per $1 on the first $150,000 in so many business categories.
The Ink Business Preferred® Credit Card is a powerhouse for earning lots of points from your business purchases, especially for business owners that spend regularly on ads.
Plus the card offers flexible redemption options, including access to Chase airline and hotel transfer partners where you can achieve outsized value.
Business owners will also love the protections the card provides like excellent cell phone insurance, rental car insurance, purchase protection, and more.
The best business credit card is the Ink Business Preferred card. At the moment, the welcome bonus alone can pay for the card for over 10 years.
Beyond that, this card is uniquely rewarding on business purchases, earning up to 3x Ultimate Rewards points on select business categories (up to $150,000 in combined purchases per anniversary year):
You’ll also earn 5x points on Lyft purchases through March 31, 2025. On other purchases, you’ll earn 1x points.
Earning 5x points, 3x points, or 1x points is equal to a 10%, 6%, or 2% return on spending, based on our valuations.
The Ink Business Preferred card comes with a 25% redemption bonus on Chase travel portal bookings, as well as a 25% redemption bonus through Pay Yourself Back.
Other reasons why you’d want to have the Ink Business Preferred card include the leading cell phone insurance, comprehensive travel insurance, purchase protection, extended warranty, no foreign transaction fees, and fee-free employee cards.
The Ink Business Unlimited card is a stellar option for business owners looking for a no-fuss uncapped 1.5% cash-back card without an annual fee.
As a business owner, you likely keep pretty busy and probably prefer a credit card that just keeps things simple.
If so, the Ink Business Unlimited® Credit Card might be just the card for you. From zero annual fee to a flat cash-back rate, the card is a no-frills option that you don’t have to think twice about.
Don’t forget too, 0% intro APR on purchases for 12 months; variable 18.49% - 24.49% thereafter
Our runner-up card is another Chase card, the Ink Business Unlimited card.
The Ink Business Unlimited card doesn’t accrue Ultimate Rewards points by itself, while the Ink Business Preferred card does.
However, if you have the Ink Business Unlimited card and an Ultimate Rewards card such as the Chase Sapphire Preferred card, you can easily convert your Ink Business Unlimited card’s rewards at a 1% to 1x ratio.
Also, remember that it earns 5% cash-back on Lyft purchases through March 2025. Your 5% or 1.5% cash-back can effectively be converted to 5x or 1.5x Ultimate Rewards points with the right credit card pairing, which would transform your return on spending to 10% and 3%, respectively.
On the benefits side, the Ink Business Unlimited card has primary rental car coverage, purchase protection, extended warranty, zero liability coverage, and no additional annual fees for authorized users.
If you consider yourself an avid traveler, you might want to find a credit card that offers premium travel rewards and benefits, especially if you also travel frequently.
Elevate your travel game with these credit cards!
A top player in the high-end premium travel credit card space that earns 3x points on travel and dining while offering top luxury perks.
If you’re looking for an all-around excellent travel rewards card, the Chase Sapphire Reserve® is one of the best options out there.
The card combines elite travel benefits and perks like airport lounge access, with excellent point earning and redemption options. Plus it offers top-notch travel insurance protections to keep you covered whether you’re at home or on the road.
Don’t forget the $300 annual travel credit which really helps to reduce the annual fee!
The best premium travel rewards card is the Chase Sapphire Reserve card, which boasts some of the best rewards in the business. With this card, you can earn up to 10x Ultimate Rewards points:
Earning 10x points translates to a maximum return on spending of 20%, which is absolutely gigantic.
Also, the Chase Sapphire Reserve card offers a $300 travel credit every cardmember year, a $100 TSA PreCheck/Global Entry/NEXUS application fee credit, and a complimentary Priority Pass Select membership.
You can utilize the complimentary DoorDash DashPass membership (activate by December 31, 2024), access to the Chase Luxury Hotel & Resort Collection, amazing travel insurance, rental car perks with Avis and National Car Rental, as well as purchase protection, return protection, extended warranty coverage, and no foreign transaction fees.
A premium rewards credit card with straightforward earning and redeeming, with luxury perks such as airport lounge access.
The Bank of America® Premium Rewards® Elite Credit Card is the bank’s most premium travel rewards credit card.
While it has quite a large annual fee of $550, it also comes loaded with benefits that frequent travelers are sure to love, such as airport lounge access, $450 in annual statement credits, travel protections, and a 20% boost to point value when redeeming for airfare.
Plus, those with status in the Bank of America Preferred Rewards program can really boost the value they receive from the card by earning 25% to 75% more points on all of their purchases.
Bank of America’s ultra-premium credit card is the Bank of America Premium Rewards Elite card, which is essentially an amped-up version of the Bank of America Premium Rewards card.
The welcome bonus is available for new cardmembers; after that, expect to earn according to this earning structure:
The same bonus of 25% to 75% in points is offered to those with large enough deposits or investment balances with Bank of America or Merrill. That allows you to earn 3.5x points instead of 2x points and 2.625x points instead of 1.5x points.
One of this card’s unique benefits is that you can save 20% on domestic or international airfare when you pay with points for any cabin class, which could further increase your return on spending from 3.5% to 4.375% and from 2.625% to 3.28%.
Hot Tip: Earning a 4.375% return on spend with this card can be great, but the Chase Sapphire Reserve card’s 3x points on travel and dining can be leveraged for a higher return on spending of 4.5%, thanks to the 50% redemption bonus on Chase travel portal bookings.
Let’s say you wanted a card with no annual fee and were willing to sacrifice a bit in terms of rewards earned from credit card spending.
In this section, we’ll show you our favorite picks!
This all-purpose cash-back card offers great bonus categories, including bonus points for every purchase you make!
The Chase Freedom Unlimited® is easily one of the best cash-back credit cards on the market. There aren’t many no-annual-fee credit cards that offer multiple great bonus categories like 5% back on travel purchased through Chase, 3% back on dining and drugstore purchases, and 1.5% back on all other purchases.
When paired with other Chase cards in the Ultimate Rewards family, you can transfer that cash back into points if you wish – making it one of the most lucrative cards in your wallet.
Don’t forget too, there’s 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24%.
One of the best no-annual-fee credit cards in the world happens to be issued by Chase. The Freedom Unlimited card offers a ton of value without an annual fee.
The welcome bonus usually also includes a 0% introductory APR benefit. But let’s learn about the rewards:
One of the secrets of this card is that even though it appears to be a cash-back card, you can also convert your rewards to Ultimate Rewards points if you happen to have a card such as the Chase Sapphire Preferred card or Chase Sapphire Reserve card.
Converting your cash-back to Ultimate Rewards points would translate to a return on spending of 10%, 6%, and 3%, respectively, through the 5x, 3x, and 1.5x points conversion.
Wrapping up on this card, you’ll find travel insurance, purchase protection, extended warranty, secondary rental car insurance, fraud protection, authorized users for no additional annual fee, and no annual fee.
The Bank of America® Unlimited Cash Rewards credit card is a good option to consider if you’re looking for unlimited cash-back, and straightforward earning – all without an annual fee.
At the moment, our favorite Bank of America personal credit card with no annual fee is the Bank of America Unlimited Cash Rewards card.
This simple credit card earns an unlimited 1.5% cash-back on all purchases; if you are a Preferred Rewards member, you can get a bonus of 25%-75% more cash-back, which you could earn 1.84%-2.62% cash-back on every purchases.
In this section, we’ll compare Chase’s and Bank of America’s best business credit cards without annual fees.
Let’s dive right into it!
Our favorite business credit card with no annual fee is the Ink Business Unlimited card, which we discussed in detail above.
To summarize, this awesome credit card has a great welcome bonus and a 0% introductory APR promotion.
It also earns 1.5% cash-back on all business purchases without any caps or limits. If you book Lyft rides frequently, you’ll earn 5% cash-back on those purchases through March 31, 2025.
This credit card, as a standalone product, earns cash-back, but your cash-back rewards can be converted to Ultimate Rewards points if you happen to also have an Ultimate Rewards credit card such as the Ink Business Preferred card or the Chase Sapphire Preferred card.
Thus, your 1.5% cash-back can be converted to 1.5x Ultimate Rewards points, which is equivalent to a 3% return on spending.
Currently, you’ll also get primary car rental insurance, extended warranty, purchase protection, zero liability fraud protection, and fee-free employee cards.
This card offers great rewards and no annual fee. Any new business owner that needs to get going will enjoy this card.
The Ink Business Cash® Credit Card has a lot going for it that makes it a compelling choice for small business owners. The card features a very lucrative 5% back on up to $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet, and cable TV services each account anniversary year.
When you factor in that the card has no annual fee, and 0% intro APR on purchases for 12 months; variable 18.49% - 24.49% thereafter, you could be adding big value back into your business for no cost out of pocket.
The Ink Business Cash card is great for those who want no annual fee but can spend on bonus categories for their businesses in an effort to get enhanced rewards.
You’ll notice that the welcome bonus is great, as well, which also includes a 0% introductory APR promotion.
Also, expect to earn a maximum of 5% cash-back:
Just like the Ink Business Unlimited card, your cash-back rewards with this card can be converted to Ultimate Rewards points if you have an Ultimate Rewards card such as the Chase Sapphire Preferred card or the Ink Business Preferred card.
Therefore, your 5% cash-back can convert to 5x Ultimate Rewards points, which is equal to a 10% return on spending.
The Ink Business Cash card also offers primary rental car insurance, zero liability fraud protection, purchase protection, extended warranty, and employee cards for no additional annual fee.
If you’re looking for the best airline credit card so you can earn miles, get closer to elite status, or enjoy airline-specific benefits, we’ll walk you through our top picks here.
With priority boarding privileges, no foreign transaction fees and more, MileagePlus members will definitely enjoy their partnered card.
You travel United all the time, but you have heard that there could be ways to make your travel experiences even better, including priority boarding, free bags, and more miles.
You should consider the United℠ Explorer Card, because this card does all that and more!
The United Explorer card is the best overall airline credit card in this guide. It earns a large welcome bonus with a reasonable annual fee and up to 2x MileagePlus miles:
Also, you can access a series of United-specific perks!
There’s also a $100 Global Entry/TSA PreCheck/NEXUS application fee credit every 4 years, no foreign transaction fees, fee-free authorized users, travel insurance, purchase protection, and extended warranty.
Provides the potential to earn plenty of miles to fly with Alaska Airlines or over a dozen partners. Plus, get an annual companion fare from just $122 ($99 fare plus taxes and fees from $23)!
With the Alaska Airlines Visa Signature® credit card in your wallet, you could get great perks and earn miles at the same time. This is a win-win if Alaska is the airline you prefer to fly with! Plus, its annual companion fare is a great benefit for traveling couples.
Bank of America is the exclusive issuer of co-branded Alaska Airlines credit cards, and the Alaska Signature card happens to be our runner-up card.
There’s an attractive welcome bonus on the card, and you can earn up to 3 Mileage Plan miles per dollar spent:
This credit card comes with Alaska’s Famous Companion Fare, which is essentially a companion ticket earned after every cardmember anniversary year where you can book a companion flight starting at $121 ($99 fare plus taxes and fees starting at $22).
Across Alaska Airlines, you’ll enjoy:
The Alaska Signature card also comes with monthly FICO score access, contactless chip technology, digital wallets, zero liability fraud protection, overdraft protection, no foreign transaction fees, and authorized users for no additional annual fee.
Now, let’s take a look at our favorite airline business credit cards!
A business card from Chase for United loyalists with benefits such as free checked bags and discounts on inflight purchases.
The United Business card is a compelling option for traveling business owners that are also frequent United flyers. Not only will the card help you earn more United miles, but it also offers great perks such as free checked bags, priority boarding, a discount on inflight purchases, and much more.
The United Business card is the business equivalent of the United Explorer card with a couple of twists.
First, enjoy a welcome bonus after qualifying purchases. Then, earn up to 2x MileagePlus miles:
Enjoy substantial United perks with this card:
This card offers surprisingly good travel and shopping protections, including primary rental car insurance, purchase protection, extended warranty, and zero liability fraud protection.
With the United Business card, you won’t be hit with any foreign transaction fees or additional annual fees for employee cards.
Bank of America offers the Alaska Airlines Business card, which usually has a fantastic welcome bonus plus Alaska’s Famous Companion Fare from $121 ($99 fare plus taxes and fees starting at $22).
Every year, you’ll get another Alaska’s Famous Companion Fare, too. Also, expect to earn up to 3x Mileage Plan miles:
You’ll also get a free checked bag on Alaska Airlines flights for yourself and up to 6 companions on the same reservation and a 20% rebate on Alaska Airlines inflight purchases.
This particular credit card comes with no foreign transaction fees and an annual fee of $50 for the company plus $25 per employee card.
If you’re comfortable paying a modest annual fee but want the best cash-back rewards, you’ll love this section!
The Bank of America Premium Rewards card is a great travel rewards card for those looking for a simple approach to earning and redeeming rewards.
The Bank of America® Premium Rewards® credit card is a great option for anyone looking for a travel rewards card with a simple approach to how you earn and redeem your rewards.
From travel and purchase protections to airline incidental and Global Entry credits, there is plenty to love about the Bank of America Premium Rewards card.
Plus, those that hold status in the Bank of America Preferred Rewards program can get even more value from the card by boosting their rewards by 25% to 75%!
The best overall card for cash-back is the Bank of America Premium Rewards card, which earns up to 2x points:
But the reason why this card is the best option is that if you have substantial deposits or assets under management through Preferred Rewards, you can get up to 75% more points, which translates to a cash-back ROI of:
Furthermore, you’ll get a couple of much-appreciated benefits:
You’ll even get purchase security, extended warranty, return protection, no foreign transaction fee, and no additional annual fees for authorized user cards.
The Bank of America Customized Cash Rewards card allows you to maximize your cash-back in your choice category each month.
If you’re looking to the rake in the cash-back rewards, then the Bank of America® Customized Cash Rewards Credit Card is a great option. Not only do you get to choose the 3% category for the card, but you can also boost the cash-back you earn by being a member of the Bank of America Preferred Rewards program.
Next up is the Bank of America Customized Cash Rewards card, which offers immense cash-back rewards, starting with a welcome bonus.
It earns up to 3% cash-back as follows:
If you’re a Preferred Rewards member, you can earn up to 75% more rewards. This means you could earn 3.75%-5.25% cash back on purchases in your choice category.
This credit card also comes with contactless payments, overdraft protection, monthly FICO score access, and no additional annual fees for authorized users.
Now that we’ve wrapped up our favorite personal cards for cash-back, let’s look at our best business cards for cash-back.
The Bank of America Business Advantage Unlimited Cash card is great because it allows you to earn an unlimited 1.5% cash-back on all purchases without caps or expiration dates.
This card’s rewards are eligible for up to 75% more cash-back through Preferred Rewards for Business, which would elevate your earnings to 2.62% cash-back on all purchases.
This simplistic business credit card also offers travel accident insurance, emergency assistance services, contactless payments, zero liability fraud protection, overdraft protection, and no additional annual fees for employee cards.
The Bank of America Business Advantage Customized Cash card is our runner-up option. It earns up to 3% cash-back:
At the moment, you’re capped at earning 3% cash-back or 2% cash-back on the first $50,000 in combined purchases every calendar year
The very last section we’ll be discussing in this guide is relating to balance transfer credit cards. The truth is that you shouldn’t be worried about accumulating rewards if you’re accruing high-interest debt in the process (or if you already have high-interest debt).
In this guide, we’ll walk you through our favorite balance transfer credit cards between Chase and Bank of America.
The Chase Slate Edge card is a great option for those looking to build their credit.
Chase revamped the Chase Slate Edge℠ in 2021. It’s a no-annual-fee card designed for those looking to build their credit or those who need a low-interest APR card for a large purchase or balance transfer.
While the Chase Slate Edge card does not offer the opportunity to earn any rewards, it is a great option for those who are just beginning their credit journey, and the card still offers lucrative benefits that any cardholder would find value in.
The Chase Slate Edge card is our top winner in the balance transfer segment. The welcome bonus is focused less on rewards and more on debt management.
To incentivize you to build strong credit habits, you can lower your interest rate by 2% every year, and you can also get an automatic review for a higher credit limit when you pay on time and spend $500 in your first 6 months.
With the Chase Slate Edge card, you’ll have access to Chase Credit Journey to help you monitor your credit, plus contactless payments, access to Chase Offers, a 3-month complimentary DoorDash DashPass membership (activate by December 31, 2024), purchase protection, extended warranty, zero liability fraud protection, secondary rental car insurance, and roadside dispatch.
Bank of America offers attractive balance transfer promotions with its credit cards, but our favorite is the BankAmericard, which usually offers the longest introductory balance transfer APR period.
There’s a small welcome bonus, no penalty APR, and monthly FICO Score access. You can also use contactless chip technology and overdraft protection with this card.
Bank of America and Chase both have deep credit card portfolios.
Chase generally offers better credit cards for travel rewards, and these include mainstays such as the Chase Sapphire Preferred card, Chase Sapphire Reserve card, Ink Business Preferred card, and United Explorer card.
On the other hand, Bank of America offers fantastic credit cards for cash-back, especially when used in conjunction with its acclaimed Preferred Rewards program for deposit and investment accounts. Some of these include the Bank of America Premium Rewards card, Bank of America Premier Rewards Elite card, and the Bank of America Unlimited Cash Rewards card.
We hope that you’ve found this guide useful in helping you determine the best credit cards for your situation if you’re deciding between Bank of America and Chase.
The information regarding the Bank of America® Business Advantage Customized Cash Rewards Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Bank of America® Premium Rewards® credit card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Bank of America® Premium Rewards® Elite Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Bank of America® Unlimited Cash Rewards was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding Alaska Airlines Visa® Business Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Bank of America® Customized Cash Rewards credit card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Bank of America® Business Advantage Unlimited Cash Rewards was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Chase Slate Edge℠ Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the BankAmericard® Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
Generally, Chase offers better credit cards for travel rewards, while Bank of America focuses more on cash-back. However, both banks have great credit cards.
Chase and Bank of America are not the same. They’re direct competitors and 2 of the largest banks in the U.S.
Chase offers better credit cards than Bank of America in general. However, Bank of America might be better for certain cash-back credit cards, depending on your situation.
If you’re currently using a Bank of America credit card and want to start using rewards for travel, it’s probably a better idea to switch to Chase. However, if you have large deposits with Bank of America already and love cash-back, Bank of America has an edge over Chase.
Was this page helpful?
Stephen is an established voice in the credit card space, with over 70 to his name. His work has been in publications like The Washington Post, and his Au Points and Awards Consulting Services is used by hundreds of clients.
Get the latest travel tips, crucial news, flight & hotel deal alerts...
Plus — expert strategies to maximize your points & miles by joining our (free) newsletter.
We respect your privacy. Please view our privacy policy here.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. No responsibility will be taken by the bank advertiser for these comments.
0 comments
Any thoughts or questions? Comment below!
Email needed if you'd like comment updates. It will NOT be published.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.