BankAmericard Cash Rewards™ from Bank of America

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on Bank of America's secure website.
  • $100 Bonus after making $500 in purchases in first 3 months
  • 3% Cash Back on Gas
  • 2% Cash Back at Grocery Stores and Wholesale Clubs, 1% Cash Back on everything else
  • For BofA customers, 1.1% - 5.25% Cash Back
  • 0% Intro APR on Balance Transfers and Purchases for first 12 months
  • $0 Annual fee
  • View Terms

Why We Like It

The BankAmericard Cash Rewards™ Credit Card rewards is an excellent choice for anyone spending substantial money on gas, groceries, or wholesale clubs and don't want to use rewards for travel.

Earn 3% Cash Back on Gas and  2% Cash Back at Grocery Stores and Wholesale Clubs for a combined total of up to $2,500 cash back earnings per quarter. Once the $2,500 quarterly limit is reached, you will earn base cash rewards of 1% for those purchases. Always earn 1% Cash Back on everything else.

Redeem your cash rewards for a statement credit, a check, or an electronic deposit into a Bank of America® checking or savings account.

If you're a Bank of America customer, you'll also earn an extra 10%-75% in cash back on all purchases (see below).

Limited Time Bonus:  you'll earn a $100 Cash Bonus when you sign up now and spend $500 in the first 3 months of account opening!

Cardholders also receive 0% introductory APR on purchases for 12 billing cycles and for any balance transfers made in the first 60 days.

Bonus Offer

$100 Cash Bonus after making $500 in purchases within first 3 months of account opening

Get an introductory APR rate of 0% for 12 billing cycles for purchases, and for balance transfers made within 60 days of account opening


We recommend you have Good to Excellent (690 - 850) credit before applying for this card.

There's no rotating categories and cash rewards never expire.

Upon redemption, Bank of America customers with a checking or savings account will earn an extra 10% in bonus cash back (effectively 3.3% Cash Back on gas, 2.2% on grocery/wholesale, 1.1% on everything else).

Gold Preferred Rewards customers will earn an extra 25% in bonus cash back (3.75% Cash Back on gas, 2.5% on grocery/wholesale, 1.25% on everything else).

Platinum Preferred Rewards customers will earn an extra 50% in bonus cash back (4.5% Cash Back on gas, 3% on grocery/wholesale, 1.5% on everything else).

Platinum Honors Preferred Rewards customers will earn an extra 75% in cash back (5.25% Cash Back on gas, 3.5% on grocery/wholesale, 1.75% on everything else).

To become a Preferred Rewards level customer, you must have a Bank of America personal checking account with a 3-month average combined balance of at least $20,000 (Gold), $50,000 (Platinum), or $100,000 (Platinum Honors) in your Bank of America banking accounts and/or Merrill Edge® and Merrill Lynch® investment accounts.

There is a balance transfer fee of $10 or 3% of the amount of each transfer, whichever is greater.

Additional benefits include:

  • Free Monthly FICO Score
  • $0 Fraud Liability

Card Details

Purchase Intro APR 0%* for 12 months on purchases and balance transfers from account opening
Purchase APR After intro period ends, 13.24%–23.24%* variable APR based on your creditworthiness
Annual Fee $0
Rewards Rate Up to 5.25% Cash Back
Foreign Transaction Fee 3%
Credit Needed Good, Excellent

Thoughts from Actual Users

"I really enjoy my credit card. I bought it primarily for gas purchases because of my long commute. It has been very easy to use, and the 3% i get back from gas purchases is hard to beat. the online interface is also very easy to navigate, and I've never had any issues paying my balance. The additional rewards I get from groceries and other additional payments is nice as well. I would highly recommend this card." - Thomas T

"The BankAmericard has been a reliable companion in my wallet. I use it mainly for the 2% grocery rewards (including purchasing gift cards at grocery stores). When my other credit card is not having 5% cashback on gas, I use my BankAmericard for 3% gas cashback rewards. I also have a Checking account and 2 Savings accounts with BofA, which is great, because if you transfer your cashback rewards to a BofA Checking or Savings account, you get a 10% bonus from the transfer. It's a very solid, reliable card and I highly recommend it." - Dana O. of Coronado, CA

"I am very satisfied with this card. I get 1% cash back on all purchases and even more for grocery stores and gas. These rewards also don't expire. I've been able to save on vacations just by regular purchasing with this card. There are also account alerts that tell me when my payments are due, which is pretty great." - Frank C.

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