{"id":130439,"date":"2024-10-11T17:00:28","date_gmt":"2024-10-11T17:00:28","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/10\/11\/bank-of-america-unlimited-cash-rewards-credit-card-review-full-card-details-the-points-guy\/"},"modified":"2024-10-11T17:00:28","modified_gmt":"2024-10-11T17:00:28","slug":"bank-of-america-unlimited-cash-rewards-credit-card-review-full-card-details-the-points-guy","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/10\/11\/bank-of-america-unlimited-cash-rewards-credit-card-review-full-card-details-the-points-guy\/","title":{"rendered":"Bank of America Unlimited Cash Rewards credit card review: Full card details – The Points Guy"},"content":{"rendered":"


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Bank of America Unlimited Cash Rewards credit card Overview<\/h2>\n

The Bank of America\u00ae Unlimited Cash Rewards credit card<\/a><\/span> offers simplified rewards where you’ll earn 1.5% cash back on all purchases, with no annual fee. The card \u2014 and cash back \u2014 can become quite lucrative for anyone with a significant banking or investing relationship with Bank of America. Card Rating*: \u2b50\u2b50\u2b50\u00bd<\/strong><\/p>\n

*Card Rating<\/a> is based on the opinion of TPG’s editors and is not influenced by the card issuer.<\/em><\/h6>\n
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The Bank of America Unlimited Cash Rewards credit card<\/a><\/span> has no annual fee<\/a> and is the perfect solution for those who want simplicity in their credit card rewards. It earns an unlimited 1.5% cash back on all purchases. For existing Bank of America Preferred Reward\u00ae<\/a> members, you’ll earn up to an extra 75% more for up to 2.62% cash back on every purchase made.<\/p>\n

Cash rewards don’t expire as long as the account remains open. If you aren’t a frequent traveler, having cash back in your pocket now versus waiting for the “right” redemption and having to worry about point valuations might sound appealing.<\/p>\n

Cash back can be redeemed as a deposit into your Bank of America checking or savings accounts, a statement credit to your credit card and even a credit to an eligible Merrill\u00ae account, including 529 accounts.<\/p>\n

TPG recommends you have a credit score<\/a> of 670 or higher to increase your chances of getting approved for this card, but it is not uncommon to get approved with a lower score.<\/p>\n

Let’s examine if you should add the Bank of America Unlimited Cash Rewards to your wallet.<\/p>\n

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Bank of America Unlimited Cash Rewards pros and cons<\/h2>\n
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Pros<\/th>\nCons<\/th>\n<\/tr>\n<\/thead>\n
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  • No annual fee<\/li>\n
  • BOA Preferred members can earn up to 75% more cash back<\/li>\n
  • Simple redemption structure<\/li>\n<\/ul>\n<\/td>\n
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