Cash Back

Bank of America Customized Cash Rewards

Every rate below is the issuer’s own, verified August 26, 2026.

$0Annual fee

$200Welcome bonus, conservatively

1xOn everything else

Terms apply. See rates & fees on Bank of America. Rankings are pure math, never sold.

The rates

How it earns

Every rate here is the issuer’s published number. Points are valued conservatively, in cash-equivalent dollars.

Earn rates Bank of America Customized Cash Rewards

Your best of gas, dining or travel · the 3 choice categories our questions cover, of the issuer's full list below · up to $10,000 a year, shared3x

Groceries · automatic, inside that same $10,0002x

Everything else1x

Welcome bonus · $200 cash rewards after $1,000 spend in 90 days$200

Annual fee$0

Know before you apply

Who gets approvedGood credit, around 670+. Typically ~good credit or better (estimate; issuer does not publish a score).
You pick the 3% category, and can change itGas and EV charging, online shopping, dining, travel, drug stores, or home improvement — changeable once each calendar month. We show the best-paying one your answers can see.
The 6% headline is a first-year promoBank of America pays 3% in your chosen category permanently, plus a 3% first-year bonus on top. We count the 3% you keep, never the promo.
The 3% and the 2% share one cap$2,500 in combined purchases each quarter — $10,000 a year — across your chosen category and grocery stores or wholesale clubs, then 1%.
BofA Rewards boosts are never assumedBalances at Bank of America or Merrill can lift these rates by 10% to 75%. We count what you earn without moving your savings.
0% for the first 15 billing cyclesOn purchases, and on balance transfers made in the first 60 days, then 17.49%–27.49% variable. The transfer fee is 3% inside those 60 days and 5% after.
The issuer’s terms governRates, fees and bonus conditions are set by Bank of America and change without notice. Confirm the current offer before you apply.
Where these numbers came fromCollected by hand from Bank of America’s own published terms, last verified August 26, 2026. An automatic check re-reads that page every day. On September 4, 2026 the one figure it watches here was still printed there.

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