Best Bank of America Credit Cards

Which one should you get? Here are our top picks

We publish unbiased reviews; our opinions are our own and are not influenced by payments from advertisers. Learn about our independent review process and partners in our advertiser disclosure.

If you’re looking for the best Bank of America credit cards, we can help. We’ve assessed the bank's flagship cards to find the best mix of valuable rewards on purchases, modest (or absent) annual fees, solid bonuses, and competitive interest-free promotions, among other features. Here are our top picks for cash-back enthusiasts, travelers, small-business owners, and students.

Best Bank of America Credit Cards of September 2021

Best Overall, Best for Cash-Back Rewards : Bank of America Customized Cash Rewards Credit Card


Our Rating Among Bank of America Cards
4.6
Bank of America® Customized Cash Rewards Credit Card
Current Offer

Online $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 13.99% - 23.99% variable
Annual Fee $0
Rewards Earning Rate Earn 3% cash back in the category of your choice, 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases.
INTRO PURCHASE APR 0% for 15 Statement Closing Dates
Foreign transaction fee (%) 3%
  • Why We Chose This Card:
  • Pros & Cons:
  • Highlights:
Why We Chose This Card:

Between value and adaptability, this no-annual-fee card is our top pick. Not only are the cash-back rates competitive, but you can tailor your rewards to fit your spending patterns in any given month. You can choose your 3% cash-back category from six everyday spending categories and you’ll earn 2% on grocery store and wholesale club purchases. One catch? There’s a limit on how much spending qualifies for these bonus rewards. But as with other Bank of America cards, if you have $20,000 or more in deposits with the bank, you’ll get at least a 25% boost on whatever you earn.

Pros & Cons:
Pros
  • Flexibility to pick your top rewards earning category each month

  • Those with a large sum in a qualifying Bank of America or Merrill Lynch account earn a higher rate of rewards

Cons
  • Can only earn the higher rewards rates on a limited amount each quarter

  • Spending requirement to earn bonus is higher than similar card offers

Highlights:
  • Online $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening.
  • 3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement/furnishings.
  • 2% cash back at grocery stores and wholesale clubs.
  • 1% cash back on all other purchases.
  • You’ll earn 3% and 2% cash back on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, then earn 1%.

Read the full Bank of America Customized Cash Rewards Credit Card Review

Best for Businesses : Business Advantage Travel Rewards Credit Card


Our Rating Among Bank of America Cards
4.8
Business Advantage Travel Rewards credit card
Current Offer

30,000 bonus points when you spend $3,000 in the first 90 days.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 12.24% - 22.24% variable
Annual Fee $0
Rewards Earning Rate Earn unlimited 1.5 points for every $1 you spend on all purchases. Earn 3 points per $1 spent on travel booked through the Bank of America Travel center - powered by Expedia.
INTRO PURCHASE APR 0% for 9 Billing Cycles
Cash Advance APR (%) 24.24%
Cash Advance Fee Either $10 or 4% of the amount of each transaction, whichever is greater
  • Why We Chose This Card:
  • Pros & Cons:
  • Highlights:
Why We Chose This Card:

The no-fuss rewards and lack of annual fee make this a great option for on-the-go business owners. The flat rewards rate on every purchase makes things easy (and 1.5 points per $1 isn’t bad). Redeeming your rewards for travel is super simple: Use your card to purchase travel, then request a statement credit later. What’s more, if you do a lot of traveling for your business, you’ll get double the number of points per dollar when you book trips through the Bank of America Travel Center.

Pros & Cons:
Pros
  • Decent earning rate for a no-annual-fee, flat-rate rewards card

  • Redeeming rewards for travel is easy—just request a statement credit for the expense

Cons
  • Bank of America customers can earn even more rewards, but you’ll need a lot of money in a deposit account to qualify

  • Rewards can’t be transferred to other hotel or airline loyalty programs

Highlights:
  • Earn 30,000 bonus points when you make at least $3,000 in net purchases within 90 days of your account opening which can be redeemed for a $300 statement credit towards travel purchases.
  • Earn 3 points per every dollar spent when you book your travel (car, hotel, airline) through the Bank of America Travel Center.
  • Earn unlimited 1.5 points for every $1 you spend on all other purchases, no matter how much you spend.
  • Get 75% more points on the base earn of every purchase you make when you’re a Preferred Rewards for Business Platinum Honors tier member. That means you'll earn 2.62 points on all purchases and 5.25 points for every $1 you spend at the Bank of America Travel Center.

Read the full Business Advantage Travel Rewards Credit Card Review

Best for Students : Bank of America Customized Cash Rewards for Students


Our Rating Among Bank of America Cards
4.6
Bank of America® Customized Cash Rewards for Students
Current Offer

$200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 13.99% - 23.99% variable
Annual Fee $0
INTRO PURCHASE APR 0% for 15 Statement Closing Dates
Rewards Earning Rate Earn 3% cash back in the eligible category of your choice, 2% cash back at grocery stores and wholesale clubs, and 1% cash back on all other purchases. You’ll earn 3% and 2% cash back on the first $2,500 in combined categories each quarter, then 1%.
Foreign transaction fee (%) 3%
  • Why We Chose This Card:
  • Pros & Cons:
  • Highlights:
Why We Chose This Card:

Many issuers give students weaker rewards than regular cardholders, but not Bank of America. This card has the same rates and flexibility as the Bank of America Customized Cash Rewards Credit Card. Plus, the card’s welcome bonus—earn a $200 cash reward after you spend $1,000 in your first 90 days—is excellent for a student card. The same goes for the card’s 0% APR promotion on purchases and balance transfers, which lasts more than twice as long as some other student card offers and is even among the better offers available for any cardholder.

Pros & Cons:
Pros
  • Generous bonus for a student card

  • Rewards rate is competitive, and there’s no earning limit

  • 0% APR period offers time to establish good repayment habits while saving on interest

Cons
  • You may need good credit to qualify

  • Rewards aren’t worth much when redeemed for cash back

Highlights:
  • Online $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening.
  • 3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement/furnishings.
  • 2% cash back at grocery stores and wholesale clubs.
  • 1% cash back on all other purchases.
  • You’ll earn 3% and 2% cash back on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, then earn 1%.

Read the full Bank of America Customized Cash Rewards for Students Review

Best No-Annual-Fee Card for Travelers : Bank of America Travel Rewards Credit Card


Our Rating Among Bank of America Cards
4.4
Bank of America Travel Rewards Credit Card
Current Offer

25,000 bonus points if you make at least $1,000 in purchases in the first 90 days of your account opening - which can be redeemed for a $250 statement credit toward travel purchases.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 13.99% - 23.99% variable
Annual Fee $0
Rewards Earning Rate Earn unlimited 1.5 points for every $1 you spend on all purchases everywhere.
INTRO PURCHASE APR 0% for 12 Statement Closing Dates
Foreign transaction fee (%) 0%
  • Why We Chose This Card:
  • Pros & Cons:
  • Highlights:
Why We Chose This Card:

The lack of an annual fee makes this card especially good for people just dipping their toe into the world of travel rewards. The rewards rate is excellent for a travel card without an annual fee, and you don’t have to keep track of bonus categories. Plus, as with the Business Advantage card, redeeming is straightforward: Charge any travel to your card and you can put the cash value of your points toward those travel charges. There’s also a solid bonus of 25,000 points (a value of $250) when you spend at least $1,000 in your first 90 days.

Pros & Cons:
Pros
  • Good rewards for a flat-rate travel card that doesn’t charge an annual fee

  • New cardholder bonus beats many competitor offers

  • Points can be redeemed for travel you buy anywhere

Cons
  • Points can only be used in certain increments, and must be used on the most recent qualifying purchase first

  • Bank customers can earn more rewards, but you’ll need a lot in an investment or deposit account to qualify

  • Short 0% purchase APR offer compared to other similar cards

Highlights:
  • Earn 25,000 points if you make at least $1,000 in purchases in the first 90 days of your account opening.
  • Earn unlimited 1.5 points for every $1 you spend on all purchases and no expiration on points.
  • Preferred Rewards members earn 25%-75% more points on every purchase. That means you could earn up to 2.62 points for every $1 you spend.

Best for Travelers : Bank of America Premium Rewards Credit Card


Our Rating Among Bank of America Cards
4.1
Bank of America® Premium Rewards® credit card
Current Offer

Earn 50,000 bonus points after you make at least $3,000 in purchases in the first 90 days of account opening.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 15.99% - 22.99% variable
Annual Fee $95
Rewards Earning Rate Earn unlimited 2 points per $1 spent on travel and dining purchases and 1.5 points per $1 spent on all other purchases.
Foreign transaction fee (%) 0%
  • Why We Chose This Card:
  • Pros & Cons:
  • Highlights:
Why We Chose This Card:

For frequent travelers, this card edges out the no-annual-fee Bank of America Travel Rewards card in terms of overall value, even though you have to pay a $95 annual fee. That’s because you’ll earn 2 points per dollar spent on travel and dining purchases. You’ll also earn 1.5 points per dollar spent on all other purchases, which is a very good base rate. In addition to the increased rewards, cardholders unlock an annual $100 statement credit for incidental airline fees, and a statement credit for TSA Precheck or Global Entry every four years.

Pros & Cons:
Pros
  • Unusually high base rate for a card with tiered rewards

  • Points aren’t worth any less if you redeem for cash back instead of travel

  • Large sums in Bank of America or Merrill Lynch accounts qualify for higher rates of rewards

  • Travel benefits and insurance that are less common nowadays

Cons
  • You can get a higher rewards rate on all purchases with a flat-rate card

  • No option to transfer points to a frequent flyer or hotel loyalty program

Highlights:
  • 50,000 online bonus points (a $500 value) after you make at least $3,000 in purchases in the first 90 days of account opening.
  • Earn unlimited 2 points for every $1 spent on travel and dining purchases and 1.5 points for every $1 spent on all other purchases.
  • Get up to a $100 Airline Incidental Statement Credit annually for qualifying purchases such as seat upgrades, baggage fees, in-flight services, and airline lounge fees - automatically applied to your card statement.
  • Get up to $100 Airport Security Statement Credit towards TSA Pre✓ or Global Entry application fee, every four years.
  • No foreign transaction fees.

Read the full Bank of America Premium Rewards Credit Card Review

Best for Building Credit : Bank of America Secured Credit Card


Our Rating Among Bank of America Cards
2.6
BankAmericard Secured Credit Card
Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Poor - Excellent
Regular APR (%) 22.99% variable
Annual Fee $0
Minimum Deposit to Activate $300
Allows upgrade to unsecured card Yes
Pay deposit in installments No
  • Why We Chose This Card:
  • Pros & Cons:
  • Highlights:
Why We Chose This Card:

This bare-bones secured card is a good option for consumers looking to build credit while establishing a relationship with Bank of America. This card’s strongest features are its lack of an annual fee, the ability to get your deposit back when you show responsible use, and the option to secure a line of credit up to $4,900. Aside from that, you won’t find the option to earn rewards with this card—a feature that can be helpful in secured cards because rewards rates might encourage overspending that can hurt your credit if you wind up carrying a balance.

Pros & Cons:
Pros
  • No annual fee

  • Free FICO score, updated monthly

  • Automatic review for security deposit return

Cons
  • Relatively high minimum deposit requirement

  • No rewards

  • High ongoing APR

Highlights:
  • A secured credit card designed to help establish, strengthen or rebuild credit.
  • A minimum refundable security deposit of $300 (maximum of $4,900) is required to open this account.
  • Now, you can access your FICO score updated monthly for free, within your mobile banking app or online banking account. Opt-in to receive your score, the key factors affecting your score, and other information that can help you keep your credit healthy.
  • Access to credit education on topics like using credit cards responsibly, budgeting and more.

Compare The Best Bank of America Credit Cards

Card Name Annual Fee Rewards Estimated Annual Rewards Value
Bank of America Customized Cash Rewards Credit Card Best Overall, Best for Cash-Back Rewards $0 Earn 3% cash back in the category of your choice, 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases. $395.60
Business Advantage Travel Rewards Credit Card
Best for Businesses
$0 Earn unlimited 1.5 points for every $1 you spend on all purchases. Earn 3 points per $1 spent on travel booked through the Bank of America Travel center - powered by Expedia. $382.27
Bank of America Customized Cash Rewards for Students
Best for Students
$0 Earn 3% cash back in the eligible category of your choice, 2% cash back at grocery stores and wholesale clubs, and 1% cash back on all other purchases. You’ll earn 3% and 2% cash back on the first $2,500 in combined categories each quarter, then 1%. $395.60
Bank of America Travel Rewards Credit Card
Best No-Annual-Fee Card for Travelers
$0 Earn unlimited 1.5 points for every $1 you spend on all purchases everywhere. $364.46
Bank of America Premium Rewards Credit Card
Best for Travelers
$95 Earn unlimited 2 points per $1 spent on travel and dining purchases and 1.5 points per $1 spent on all other purchases. $417.69
BankAmericard Secured Credit Card
Best for Building Credit
$0 This card does not offer a rewards program. $0.00
Our annual rewards value is an estimate of rewards the average consumer would earn based on annual spending data from the Bureau of Labor Statistics and other sources. The annual fee is deducted from that figure, and any travel or dining reimbursement credits a card may offer are added in. Since the annual fee is deducted, a card may receive a negative annual value.

FAQs

What Is Bank of America?

Operating in more than 35 countries, Bank of America offers a wide variety of financial products and services for both consumers and companies, including a well-known suite of credit cards. According to Nilson Report, Bank of America was the fourth largest credit card issuer by purchase volume with $161.50 billion in the first half of 2020.

Bank of America offers more than 25 different credit cards, including cash-back, travel, and small business options. In addition to its flagship cards, the bank issues co-branded cards with partners such as Alaska Airlines, Virgin Atlantic, Norwegian Cruise Line, Royal Caribbean, and Major League Baseball.

All cards available to new applicants are issued on either the Visa or Mastercard network, both of which are widely accepted in the U.S. and abroad. For the most part, its cards are designed for people with at least a good credit score. (One exception is the BankAmericard Secured card.)

How Do Bank of America’s Rewards Work?

Bank of America doesn’t have a central rewards program akin to Chase Ultimate Rewards or Membership Rewards from American Express. Instead, each card offers either cash back or points that you can use for the redemption options specific to the card. (Co-branded cards have their own rewards programs operated by the partner brands.)

Even within the travel category, the rewards programs work differently. With the Travel Rewards credit card, you can use the card to purchase any travel, and then redeem your points for a statement credit against the purchase. In contrast, the Premium Rewards card lets you use points to book travel directly through the bank’s online travel center (or they can be redeemed for cash back).

The bank’s travel cards are among the more versatile “flexible” travel cards (meaning not affiliated with one airline or hotel) but one major drawback is that you can’t transfer your points to any airline or hotel loyalty programs. Chase, American Express and Citibank all offer this option, and in some cases, at a one-for-one transfer ratio.

What sets Bank of America apart from many card issuers, though, is its Preferred Rewards program. With its flagship credit cards, you can get between 25% and 75% more rewards on every purchase if you've got enough saved with the bank. The deposit requirements are steep, but if you qualify for the higher relationship bonuses, your rewards rates may rival or even beat the top rewards cards on the market.

To qualify for the program, you need to have an eligible Bank of America bank account plus meet the three-month average combined balance requirement for qualifying Bank of America and Merrill Lynch accounts:

  • $20,000 or more: 25% rewards boost
  • $50,000 or more: 50% rewards boost
  • $100,000 or more: 75% rewards boost

How Good Is Bank of America Customer Service?

Bank of America gets good customer service marks, ranking No. 3 out of 11 national card issuers in J.D. Power’s 2020 U.S. Credit Card Satisfaction Study. Its mobile app scored well too, taking second place among major card issuers in J.D. Power's 2020 U.S. Credit Card Mobile App Study.

The bank offers extended-hour customer service over the phone and has a live chat feature for certain products and services. It also offers free access to your FICO credit score.

How We Chose the Best Bank of America Credit Cards

We collect data on hundreds of cards and score more than 55 features that affect your finances. We do this because it's our mission to give you unbiased, comprehensive credit card reviews.

Our reviews are always impartial. No one can influence which cards we review, the way we present them to you, or the ratings they receive.

The Balance team created this best card list using the same evaluation process used to score our best overall card rankings, but focused solely on cards issued by Bank of America, excluding co-branded cards. We re-evaluate this list on a monthly basis, or when there are major changes to Bank of America's credit card offerings.

We consider low APRs, big sign-up offers, valuable rewards, and minimal fees some of the best card qualities, and our scoring model reflects this. Our full methodology includes further detail about how we evaluate credit card attributes.