Bank of America Unlimited Cash Rewards – Full Review [2023]

Name: Bank of America Unlimited Cash Rewards – Full Review [2023]
Item: Bank of America Unlimited Cash Rewards
Rating: 3.5
Author: Alex Miller

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"Unlimited Cash-back & Straightforward Earning"

Alex Miller

- Updated: May 8, 2023, 2:25am CDT

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 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.

Card Snapshot

Welcome Bonus & Info (Partner Content)
- $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 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.
- New longer intro period! 0% Introductory APR for 18 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends, 16.24% – 26.24% Variable APR will apply. A 3% fee (min $10) applies to all balance transfers.
- 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.
Card Categories:
- Credit Card Reviews
- Best Cash Back Credit Cards

Card Fees

Foreign Transaction Fees
3%
Interest Rates
- 0% Intro APR for 18 billing cycles for purchases. 16.24% - 26.24% variable thereafter.
Late fees
- Penalty APR: Up to 29.99%
Balance Transfers
- 0% Intro APR for 18 billing cycles for any balance transfers made in the first 60 days. 16.24% - 26.24% variable thereafter.
- Fee: Either $10 or 3% of the amount of each transaction, whichever is greater

About Alex Miller

Alex has been traveling for over 25 years and from a young age was lucky enough to set out on numerous family trips all over the world, which gave him the travel bug. Alex has since earned tens of millions of travel points and miles, mainly through maximizing every opportunity to earn the most points possible on each dollar spent.