Bank of America Customized Cash Rewards
Every rate below is the issuer’s own, verified October 2, 2026.
Terms apply. See rates & fees on Bank of America. Rankings are pure math, never sold.
How it earns
Every rate here is the issuer’s published number. Points are valued at what this door can redeem them for: cash-back at the statement-credit rate, travel at the issuer’s travel rate.
What it pays at a typical spend
The family on our home page spends $800 a month on groceries, $200 on dining, $250 on gas, $100 on travel and $600 on everything else. Figures as of October 2, 2026, the day the terms were last verified.
At that spending the Bank of America Customized Cash Rewards nets $558 in year one and $358 every year after, fee included. The biggest line is groceries, at $96. The welcome bonus counts, because this spending reaches $1,000 inside 3 months. For the family on our home page, it places fifth of the 12 cash back cards we’ve confirmed.
The Wells Fargo Active Cash, just above it among the confirmed cards, nets $10 more in year one. The Capital One Quicksilver, just below it, nets $7 less. Judged on every year after the first instead, it places eighth of the 12 cash back cards we’ve confirmed.
Who it fits
It fits if
- You will pick one category to boost and keep an eye on the $10,000 yearly cap.
- You want no annual fee.
Look elsewhere if
- Most of your spending sits outside its categories: the rest earns 1x.
- You cannot put about $334 a month on it for 3 months: the $200 bonus pays nothing below $1,000.
- Your credit is fair or thin: approval usually needs good credit.
Plain facts
- 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 17.74%–27.74% 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 October 2, 2026. An automatic check re-reads that page every day. On October 19, 2026 the one figure it watches here was still printed there. How we check
What people ask about it
Is there a cap on what it earns?
Yes: the 3x chosen category stops at $10,000 a year, shared with the automatic category. Past a cap, spending earns 1x, and our figures count it that way.
How do you value the welcome bonus?
At the dollar figure the issuer states, $200, and only once your spending reaches $1,000 in 3 months.
What does it earn on each purchase?
3x on a category you choose, and 1x on everything else.
Where it shows up
Every ranking and comparison with the Bank of America Customized Cash Rewards in it, each computed the same way.
- Best card for diningAt $500 a month on dining, the rest of the spending unchanged, Robinhood Gold Card first, at $760 a year.
- Best card for groceriesCiti Double Cash first, at $668 in year one.
More cards like this
- Yearly fee $0Chase Freedom UnlimitedChase · for dining, 3x and 1.5x on the rest
- Yearly fee $0Wells Fargo Active CashWells Fargo · for one card on everything, 2x
- Yearly fee $0Capital One QuicksilverCapital One · for one card on everything, 1.5x
The three cash back cards beside this one on our list of every card. See every card