	You might be using an unsupported or outdated browser. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website.

Advisor
Credit Cards
Best Bank of America Credit Cards

Advertiser Disclosure Updated: Apr 24, 2024, 2:28pm

Best Bank Of America Credit Cards Of April 2024

Q: How do you set up Bank of America’s credit card autopay?

To set up automatic payments , log into the app and click on the Bill Pay tab to enroll. Once enrolled, click on Add Account and enter the necessary information. To make a payment, select the account, amount, the deliver-by date and then Pay. You can also set up recurring payments.

Kelly-Ann FranklinUpdates Editor

With more than two decades in journalism, Kelly-Ann Franklin has built a knowledge base of general information about business and personal finance topics and developed an expertise in helping writers convey that information clearly to all types of readers.

Kelly-Ann Franklin

Kelly-Ann FranklinUpdates Editor

Updates Editor

Jerod MoralesDeputy Editor

Jerod Morales is a deputy editor at Forbes Advisor and a travel rewards expert. He took a deep dive into points and miles in 2016, searching for a way to make travel both possible and affordable for his growing family. Now, as a dad to four sons, he and his wife enjoy introducing their kids to cultures and cities across the globe as often as they can.

Fact Checked

Jerod Morales

Jerod MoralesDeputy Editor

Deputy Editor

Fact Checked

Updated: Apr 24, 2024, 2:28pm

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.

As one of the largest U.S. banks by assets, Bank of America, has the size and clout to serve millions of consumers and small business clients. Its card portfolio has something for nearly everyone—from those rebuilding credit to students starting out to luxury travel cardholders.

Show Summary

Best Bank of America Credit Cards

Bank of America® Customized Cash Rewards Secured Credit Card *: Best secured card from Bank of America
Bank of America® Unlimited Cash Rewards Secured Credit Card *: Best secured card with flat-rate cash back
Bank of America® Travel Rewards Secured Credit Card *: Best for travelers building credit
Bank of America® Customized Cash Rewards credit card for Students: Best student card from Bank of America
BankAmericard® credit card: Best balance transfer card from Bank of America
Bank of America® Customized Cash Rewards credit card: Best for flexible cash-back rewards
Bank of America® Premium Rewards® credit card: Best for flexible redemption options
Bank of America® Unlimited Cash Rewards credit card for Students: Best flat-rate rewards card for students
Bank of America® Travel Rewards credit card for Students: Best for students who want to travel
Air France KLM World Elite Mastercard® *: Best for Air France/KLM flyers
Alaska Airlines Visa Signature® credit card: Best for companion pass
Bank of America® Premium Rewards® Elite credit card *: Best for airline lounge access
Bank of America® Unlimited Cash Rewards credit card: Best for simple cash back
BankAmericard® Secured credit card *: Best for rebuilding credit
Bank of America® Travel Rewards credit card: Best for earning travel rewards

Find the Best Credit Card

Featured Partner Offer

Bank of America® Premium Rewards® credit card

Apply Now

On Bank of America's Website

Bank of America® Premium Rewards® credit card

Click Here To Apply Now

Up to 2X Reward Rate

Earn unlimited 2 points for every $1 you spend on travel and dining purchases. Earn 1.5 points for every $1Read More

Welcome Bonus

60,000 points

Annual Fee

$95

Regular APR

20.24% - 27.24% Variable APR on purchases and balance transfers

Credit Score

Good, Excellent (700 - 749)

Editorial Review

Spending on travel and dining earns you 2 points per dollar, and the card comes with a nice suite of travel perks. Preferred Rewards clients score an extra 25%-75% cash back bonus.

Pros & Cons

No foreign transaction fee
TSA PreCheck® or Global Entry fee credit
Visa Signature concierge benefit
Flexible reward redemption options

High penalty APR
High balance transfer fee
High standard APR and cash advance APR
No airport lounge perks

Card Details

Receive 60,000 online bonus points – a $600 value – after you make at least $4,000 in purchases in the first 90 days of account opening.
Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points for every $1 spent on all other purchases. No limit to the points you can earn and your points don’t expire as long as your account remains open.
If you’re a Bank of America Preferred Rewards® member, you can earn 25%-75% more points on every purchase. That means you could earn 2.5-3.5 points on travel and dining purchases and 1.87-2.62 points on all other purchases, for every $1 you spend.
Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill® accounts, or gift cards or purchases at the Bank of America Travel Center.
Get up to $100 in Airline Incidental Statement Credits annually and TSA PreCheck®/Global Entry Statement Credits of up to $100, every four years.
Travel Insurance protections to assist with trip delays, cancellations and interruptions, baggage delays and lost luggage.
No foreign transaction fees.
Low $95 annual fee.
This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Best Bank of America Credit Cards of 2024

Best secured card from Bank of America

Bank of America® Customized Cash Rewards Secured Credit Card *

Up to 3% Reward Rate

Earn 3% cash back in the category of your choice: gas and EV charging, online shopping, dining, travel, drug storesRead More

Welcome Bonus

N/A

Annual Fee

Regular APR

28.24% variable

Credit Score

New to Credit

Editor's Take

A secured card with no annual fee and the ability to earn rewards, this Bank of America card can provide a way forward for those needing to build their credit profile.

Pros & Cons

No annual fee
Earns cash-back rewards on eligible purchases
Potential for an upgrade to an unsecured card

The rewards system can be complicated to track
An opening deposit of $200 is required
There’s a foreign transaction fee

Card Details

Earn 3% cash back in the category of your choice: gas and EV charging, online shopping, dining, travel, drug stores, or home improvement & furnishings
Earn 2% cash back at grocery stores and wholesale clubs
Earn unlimited 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%
A minimum refundable security deposit of $200 (maximum of $5,000) is required to open this account
Now, you can access your FICO® Score updated monthly for free, within your Mobile Banking app or in Online Banking
No annual fee

Best secured card with flat-rate cash back

Bank of America® Unlimited Cash Rewards Secured Credit Card *

Unlimited 1.5% Reward Rate

Earn unlimited 1.5% cash back on all purchases

Welcome Bonus

N/A

Annual Fee

Regular APR

28.24% variable

Credit Score

Bad/Poor (0 - 649)

Editor's Take

Earns an easy-to-manage 1.5% cash back on all your spending without tracking categories or spending caps.

Pros & Cons

Simple rewards structure is easy to manage
Potential to graduate to an unsecured card with good payment behavior
Free access to your FICO Score

There are other secured cards that may earn you higher rewards.
There’s a foreign transaction fee
Minimum deposit of at least $200 required

Card Details

Earn unlimited 1.5% cash back on all purchases
Cash rewards don’t expire
Establish, strengthen or rebuild your credit
No annual fee

Best for travelers building credit

Bank of America® Travel Rewards Secured Credit Card *

1.5X Reward Rate

1.5 points per dollar on all other purchases and 3 points per dollar on purchases made through the Travel Center.

Welcome Bonus

N/A

Annual Fee

Regular APR

28.24% variable

Credit Score

Limited, Bad, Fair (0 - 649)

Editor's Take

If you’re looking to rebuild your credit, the Bank of America® Travel Rewards Secured Credit Card* offers rewards and no annual fee while doing so, which is a rare combination.

Pros & Cons

Unlimited 3 points per dollar on purchases made through the Travel Center and 1.5 points per dollar on all other purchases
No blackout dates or restrictions on travel rewards
Points never expire as long as the card stays open
$0 foreign transaction fee

Requires a deposit
High variable APR
Poor cash-back redemption rate

Card Details

No annual fee or foreign transaction fees
Earn 1.5 points per dollar spent on general purchases with a bonus for purchases through the Bank of America Travel Center
Security deposits of $200 – $5,000 required
Periodic account reviews with the potential to qualify for a returned security deposit

Best student card from Bank of America

Bank of America® Customized Cash Rewards credit card for Students

Apply Now

On Bank of America's Website

Bank of America® Customized Cash Rewards credit card for Students

Click Here To Apply Now

Choose your 3% category

Earn 3% cash back in the category of your choice, automatic 2% at grocery stores and wholesale clubs (up toRead More

Welcome Bonus

$200 cash rewards bonus

Annual Fee

Regular APR

18.24% - 28.24% Variable APR on purchases and balance transfers

Credit Score

Excellent/Good (700 - 749)

Editor's Take

This card scores an ‘A+’ for students in need of an intro APR offer and no annual fee, while still earning impressive cash-back rewards.

Pros & Cons

Free FICO® Score access
Intro APR offer with a generous term
Competitive cash-back reward rates
Solid welcome bonus

3% foreign transaction fee
Higher penalty APR applies to late payments

Card Details

$200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
Earn 3% cash back in the category of your choice, automatic 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.
Choose 3% cash back on gas and EV charging station, online shopping/cable/internet/phone plan/streaming, dining, travel, drug store/pharmacy or home improvement/furnishing purchases.
No annual fee and cash rewards don’t expire as long as your account remains open.
0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% – 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
When handled responsibly, a credit card can help you build your credit history, which could be helpful when looking for an apartment, a car loan, and even a job. Access your FICO® Score for free within Online Banking or your Mobile Banking app.
Contactless Cards – The security of a chip card, with the convenience of a tap.
This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Best balance transfer card from Bank of America

BankAmericard® credit card

Apply Now

On Bank of America's Website

Click Here To Apply Now

No Rewards

The BankAmericard® credit card does not offer rewards on purchases.

Welcome Bonus

N/A

Annual Fee

Regular APR

16.24% - 26.24% Variable APR on purchases and balance transfers

Credit Score

Good, Excellent (700 - 749)

Editor's Take

Great for those who need a lengthy introductory APR offer to pay off other card balances or finance a major purchase.

Pros & Cons

No penalty APR
No annual fee

No rewards program
Foreign transaction fee
Fee on balance transfers

Card Details

0% Intro APR for 18 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 16.24% – 26.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
No annual fee.
No penalty APR. Paying late won’t automatically raise your interest rate (APR). Other account pricing and terms apply.
Access your FICO® Score for free within Online Banking or your Mobile Banking app.
Contactless Cards – The security of a chip card, with the convenience of a tap.
This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Best for flexible cash-back rewards

Bank of America® Customized Cash Rewards credit card

Apply Now

On Bank of America's Website

Bank of America® Customized Cash Rewards credit card

Click Here To Apply Now

Choose your 3% category

Earn 3% cash back in the category of your choice, automatic 2% at grocery stores and wholesale clubs (up toRead More

Welcome Bonus

$200

Annual Fee

Regular APR

18.24% - 28.24% Variable APR on purchases and balance transfers

Credit Score

Good, Excellent (700 - 749)

Editor's Take

While offering solid rewards for moderate spenders, the card really shines for Bank of America Preferred Rewards clients, who get a 25%-75% boost in cashback earnings.

Pros & Cons

Bank of America Preferred Rewards clients earn 25% to 75% more cash back
Decent rewards earning potential
Option to change 3% bonus category monthly

Bonus rewards have quarterly caps
High balance transfer fee
Foreign transaction fee

Card Details

$200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
Earn 3% cash back in the category of your choice, automatic 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.
Choose 3% cash back on gas and EV charging station, online shopping/cable/internet/phone plan/streaming, dining, travel, drug store/pharmacy or home improvement/furnishing purchases.
If you’re a Bank of America Preferred Rewards® member, you can earn 25%-75% more cash back on every purchase. That means you could earn 3.75%-5.25% cash back on purchases in your choice category.
No annual fee and cash rewards don’t expire as long as your account remains open.
0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% – 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
Contactless Cards – The security of a chip card, with the convenience of a tap.
This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Best for flexible redemption options

Bank of America® Premium Rewards® credit card

Apply Now

On Bank of America's Website

Click Here To Apply Now

Up to 2X Reward Rate

Earn unlimited 2 points for every $1 you spend on travel and dining purchases. Earn 1.5 points for every $1Read More

Welcome Bonus

60,000 points

Annual Fee

$95

Regular APR

20.24% - 27.24% Variable APR on purchases and balance transfers

Credit Score

Good, Excellent (700 - 749)

Editor's Take

Spending on travel and dining earns you 2 points per dollar, and the card comes with a nice suite of travel perks. Preferred Rewards clients score an extra 25%-75% cash back bonus.

Pros & Cons

No foreign transaction fee
TSA PreCheck® or Global Entry fee credit
Visa Signature concierge benefit
Flexible reward redemption options

High penalty APR
High balance transfer fee
High standard APR and cash advance APR
No airport lounge perks

Card Details

Receive 60,000 online bonus points – a $600 value – after you make at least $4,000 in purchases in the first 90 days of account opening.
Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points for every $1 spent on all other purchases. No limit to the points you can earn and your points don’t expire as long as your account remains open.
If you’re a Bank of America Preferred Rewards® member, you can earn 25%-75% more points on every purchase. That means you could earn 2.5-3.5 points on travel and dining purchases and 1.87-2.62 points on all other purchases, for every $1 you spend.
Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill® accounts, or gift cards or purchases at the Bank of America Travel Center.
Get up to $100 in Airline Incidental Statement Credits annually and TSA PreCheck®/Global Entry Statement Credits of up to $100, every four years.
Travel Insurance protections to assist with trip delays, cancellations and interruptions, baggage delays and lost luggage.
No foreign transaction fees.
Low $95 annual fee.
This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Best flat-rate rewards card for students

Bank of America® Unlimited Cash Rewards credit card for Students

Apply Now

On Bank of America's Website

Bank of America® Unlimited Cash Rewards credit card for Students

Click Here To Apply Now

Unlimited 1.5% Reward Rate

Earn unlimited 1.5% cash back on all purchases.

Welcome Bonus

$200 cash rewards bonus

Annual Fee

Regular APR

18.24% - 28.24% Variable APR on purchases and balance transfers

Credit Score

Good/Excellent (700 - 749)

Editor's Take

Enjoy a welcome bonus, flat-rate rewards, and more than a year of intro APR on purchases and balance transfers.

Pros & Cons

No annual fee
Introductory APR on purchases and balance transfers
Solid rewards earning
Welcome bonus

No major benefits
High balance transfer fee
High foreign transaction fee

Card Details

$200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
Earn unlimited 1.5% cash back on all purchases.
No annual fee.
No limit to the amount of cash back you can earn and cash rewards don’t expire as long as your account remains open.
0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% – 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
When handled responsibly, a credit card can help you build your credit history, which could be helpful when looking for an apartment, a car loan, and even a job. Access your FICO® Score for free within Online Banking or your Mobile Banking app.
Contactless Cards – The security of a chip card, with the convenience of a tap.
This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Best for students who want to travel

Bank of America® Travel Rewards credit card for Students

Apply Now

On Bank of America's Website

Bank of America® Travel Rewards credit card for Students

Click Here To Apply Now

1.5X Reward Rate

Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees andRead More

Welcome Bonus

25,000 points

Annual Fee

Regular APR

18.24% - 28.24% Variable APR on purchases and balance transfers

Credit Score

Good/Excellent (700 - 749)

Editorial Review

Students studying abroad will pay no foreign transaction fees (and no annual fee) while earning flat-rate rewards points with flexible travel redemption options. Plus, the intro APR offer makes this a good card for any students who need to make a big purchase or move debt over from another card.

Pros & Cons

Flexible rewards redemption options
Unlimited 1.5 points per $1 on all spending
No foreign transaction fee
Easy-to-earn welcome bonus

High balance transfer fee.
No bonus categories to boost rewards.
High penalty APR and late fee.

Card Details

Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don’t expire as long as your account remains open.
25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening – that can be a $250 statement credit toward travel purchases.
Use your card to book your trip how and where you want – you’re not limited to specific websites with blackout dates or restrictions.
Redeem points for a statement credit to pay for travel or dining purchases, such as flights, hotel stays, car and vacation rentals, baggage fees, and also at restaurants including takeout.
0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% – 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
When handled responsibly, a credit card can help you build your credit history, which could be helpful when looking for an apartment, a car loan, and even a job. Access your FICO® Score for free within Online Banking or your Mobile Banking app.
Contactless Cards – The security of a chip card, with the convenience of a tap.
This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Best for Air France/KLM flyers

Air France KLM World Elite Mastercard® *

Up to 3X Reward Rate

Earn 3 miles per $1 spent on Air France, KLM Royal Dutch Airlines and SkyTeam member airlines purchases; 1.5 milesRead More

Welcome Bonus

70,000 bonus miles + up to 100 XP

Annual Fee

$89

Regular APR

20.24% - 28.24% variable

Credit Score

Good/Excellent (700 - 749)

Editor's Take

While many airline credit cards only offer one mile per dollar spent on general purchases, the Air France KLM World Elite Mastercard® lets you earn 50% more. As part of the SkyTeam Alliance, points can be redeemed for flights on an impressive set of partner airlines. One downside is the lack of flight benefits with cardmembership — those come by earning XP points and gaining Elite status.

Pros & Cons

Redeem points for travel on Air France, KLM and other SkyTeam partners
Generous base earning rate
No foreign transaction fee

High regular APR
The Flying Blue program often charges a lot of miles for award flights
No flight perks included with card

Card Details

Limited time offer: Earn 70,000 bonus miles and 40 Experience Points after spending $3,000 in purchases within the first 90 days of opening the account. Plus, earn 60 Experience Points upon approval
Earn 3 miles per $1 spent on Air France, KLM Royal Dutch Airlines and SkyTeam member airlines purchases and 1.5 miles per $1 spent on all other purchases
Earn 5,000 miles every year on your account anniversary after spending $50 on purchases within the anniversary year

Best for companion pass

Alaska Airlines Visa Signature® credit card

Apply Now

On Bank of America's Website

Alaska Airlines Visa Signature® credit card

Click Here To Apply Now

Up to 3X Reward Rate

Earn unlimited 3 miles for every $1 spent on eligible Alaska Airlines purchases, 2 miles for every $1 spent onRead More

Welcome Bonus

60,000 bonus miles

Annual Fee

$95

Regular APR

20.24% - 28.24% Variable APR on purchases and balance transfers

Credit Score

Good, Excellent (700 - 749)

Editor's Take

For West Coast frequent fliers, the Alaska Airlines card is worth a serious look. You’ll snag the prized annual Companion Fare when you spend $6,000 in the prior anniversary year, plus a free checked bag, Visa Signature benefits and other perks, which easily offset the annual fee.

Pros & Cons

Redeem miles for flights with over 30 airline global partners
Free checked bag on Alaska Airlines
Annual Companion fare (earned with $6,000 or more in spending the prior anniversary year)
No foreign transaction fees

Limited flight options on the East Coast and in the Midwest
Companion ticket is limited to Alaska Airlines flights

Card Details

LIMITED TIME ONLINE OFFER—60,000 Bonus Miles!
Get 60,000 bonus miles plus Alaska’s Famous Companion Fare™ ($99 fare plus taxes and fees from $23) with this offer. To qualify, make $3,000 or more in purchases within the first 90 days of opening your account.
Get Alaska’s Famous Companion Fare™ ($99 fare plus taxes and fees from $23) each account anniversary after you spend $6,000 or more on purchases within the prior anniversary year. Valid on all Alaska Airlines flights booked on alaskaair.com.
Earn unlimited 3 miles for every $1 spent on eligible Alaska Airlines purchases. Earn unlimited 2 miles for every $1 spent on eligible gas, EV charging station, cable, streaming services and local transit (including ride share) purchases. And earn unlimited 1 mile per $1 spent on all other purchases. And, your miles don’t expire on active accounts.
Earn a 10% rewards bonus on all miles earned from card purchases if you have an eligible Bank of America® account.
Free checked bag and enjoy priority boarding for you and up to 6 guests on the same reservation, when you pay for your flight with your card — Also available for authorized users when they book a reservation too!
With oneworld® Alliance member airlines and Alaska’s Global Partners, Alaska has expanded their global reach to over 1,000 destinations worldwide bringing more airline partners and more ways to earn and redeem miles.
Plus, no foreign transaction fees and a low $95 annual fee.
This online only offer may not be available elsewhere if you leave this page. You can take advantage of this offer when you apply now.

Best for airline lounge access

Bank of America® Premium Rewards® Elite credit card *

Up to 2X Reward Rate

Earn 2X points per dollar spent on travel and dining purchases; Earn 1.5X points per dollar on all other purchases.

Welcome Bonus

75,000 points

Annual Fee

$550

Regular APR

20.24% - 27.24% variable

Credit Score

Excellent (750 - 850)

Editor's Take

If you value lounge access and travel perks, this card has you covered. Plus, you’ll get lifestyle credits for things like rideshares, food delivery and streaming service with select merchants. You’ll get the best deal if you’re a Preferred Rewards member, which returns a 25% to 75% bonus on all the points you earn.

Pros & Cons

Top-notch rewards rate for those at the highest tier of Preferred Rewards
Airline benefits including lounge access
Up to a $150 annual lifestyle credit

Can get the same rewards on a card with a lower annual fee
Without Preferred Rewards, earn rate is just so-so
No travel transfer partners

Card Details

Receive 75,000 online bonus points — a $750 value — after you make at least $5,000 in purchases in the first 90 days of account opening
Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases
Earn up to $300 in Airline Incidental Statement Credits annually on qualifying transactions and TSA Pre✓®/Global Entry Statement Credits of up to $100, every four years
Earn up to $150 in lifestyle statement credits annually on qualifying rideshare, food delivery, streaming service and fitness transactions at select merchants
Receive 20% off the cost of airfare when redeeming points through the Bank of America Travel Center
Enrolled cardholders receive 12-month Priority Pass Select membership to access airport VIP lounges worldwide

Best for simple cash back

Bank of America® Unlimited Cash Rewards credit card

Apply Now

On Bank of America's Website

Bank of America® Unlimited Cash Rewards credit card

Click Here To Apply Now

1.5% Reward Rate

Earn unlimited 1.5% cash back on all purchases

Welcome Bonus

$200

Annual Fee

Regular APR

18.24% - 28.24% Variable APR on purchases and balance transfers

Credit Score

Good, Excellent (700 - 749)

Editor's Take

The Bank of America® Unlimited Cash Rewards credit card is simple: The card offers an unlimited 1.5% cash back on all purchases, redeemable as a credit card statement credit or a deposit into an eligible Bank of America account, with no minimum redemption amount, no limit on the amount of rewards and no annual fee.

Pros & Cons

Simple cash-back rewards
No minimum cash-back redemptions
Cash-back rewards do not expire as long as your account remains open
Card can earn up to 2.62% cash back for Platinum Honors Preferred Rewards
No annual fee

Base cash back of 1.5% is market-lagging
Cash back cannot be credited to an account at another bank

Card Details

$200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
Earn unlimited 1.5% cash back on all purchases.
If you’re a Bank of America Preferred Rewards® member, you can earn 25%-75% more cash back on every purchase. That means you could earn 1.87%-2.62% cash back on every purchase with Preferred Rewards.
No annual fee.
No limit to the amount of cash back you can earn and cash rewards don’t expire as long as your account remains open.
0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% – 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
Contactless Cards – The security of a chip card, with the convenience of a tap.
This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Best for rebuilding credit

BankAmericard® Secured credit card *

No Rewards

The BankAmericard® Secured credit card does not earn rewards.

Welcome Bonus

N/A

Annual Fee

Regular APR

26.24% variable

Credit Score

Bad/Poor (0 - 649)

Editor's Take

While there are many credit cards designed to help you rebuild your credit, most have high annual fees and other charges. This card has no annual fee and offers a pathway to upgrade to an unsecured card with time. Also included is a free monthly credit score to help you track your progress.

Pros & Cons

Build credit with no annual fee
Online FICO score for free
Pathway to upgrade to a standard unsecured card
No penalty APR

Minimum $200 deposit required
3% foreign transaction fee
Very high APR
No rewards program or welcome bonus

Card Details

No annual fee
Now, you can access your FICO® Score updated monthly for free, within your Mobile Banking app or in Online Banking
A minimum refundable security deposit of $200 (maximum of $5,000) is required to open this account
Your maximum credit limit will be determined by the amount of the security deposit you provide, your income and your ability to pay the credit line established
Now with chip technology for enhanced security and protection when making purchases at chip-enabled terminals in over 130 countries
Discover more ways to pay by adding your Bank of America® credit card to your mobile device then shop in-store or in-app using Apple Pay®, Google Pay™ or Samsung Pay

Best for earning travel rewards

Bank of America® Travel Rewards credit card

Apply Now

On Bank of America's Website

Bank of America® Travel Rewards credit card

Click Here To Apply Now

1.5x Rewards Rate

Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees andRead More

Welcome Bonus

25,000 points

Annual Fee

Regular APR

18.24% - 28.24% Variable APR on purchases and balance transfers

Credit Score

Good/Excellent (700 - 749)

Editor's Take

The Bank of America® Travel Rewards Credit Card is an excellent fit for those who value simplicity over complicated bonus rewards programs. And since it has no foreign transaction fees, it’s also a great card to use when traveling.

Pros & Cons

Earn unlimited rewards
Bank of America Preferred Rewards clients earn 25%-75% more points on every purchase
No foreign transaction fees

No bonus categories to boost reward earnings
APR can be high, depending on creditworthiness

Card Details

Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don’t expire as long as your account remains open.
25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening – that can be a $250 statement credit toward travel purchases.
Use your card to book your trip how and where you want – you’re not limited to specific websites with blackout dates or restrictions.
Redeem points for a statement credit to pay for travel or dining purchases, such as flights, hotel stays, car and vacation rentals, baggage fees, and also at restaurants including takeout.
0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% – 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
If you’re a Bank of America Preferred Rewards® member, you can earn 25%-75% more points on every purchase. That means instead of earning an unlimited 1.5 points for every $1, you could earn 1.87-2.62 points for every $1 you spend on purchases.
Contactless Cards – The security of a chip card, with the convenience of a tap.
This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Here’s a Summary of the Best Bank of America Credit Cards

Credit Card

Bank of America® Customized Cash Rewards Secured Credit Card

Bank of America® Unlimited Cash Rewards Secured Credit Card

Bank of America® Travel Rewards Secured Credit Card

Bank of America® Customized Cash Rewards credit card for Students

BankAmericard® credit card

Bank of America® Customized Cash Rewards credit card

Bank of America® Premium Rewards® credit card

Bank of America® Unlimited Cash Rewards credit card for Students

Bank of America® Travel Rewards credit card for Students

Air France KLM World Elite Mastercard®

Alaska Airlines Visa Signature® credit card

Bank of America® Premium Rewards® Elite credit card

Bank of America® Unlimited Cash Rewards credit card

BankAmericard® Secured credit card

Bank of America® Travel Rewards credit card

Credit Card

Best For

Credit Score

Annual Fee

Welcome Bonus

Bank of America® Customized Cash Rewards Secured Credit Card

Best secured card from Bank of America

New to Credit

N/A

Bank of America® Unlimited Cash Rewards Secured Credit Card

Best secured card with flat-rate cash back

Bad/Poor

N/A

Bank of America® Travel Rewards Secured Credit Card

Best for travelers building credit

Limited, Bad, Fair

N/A

Bank of America® Customized Cash Rewards credit card for Students

Best student card from Bank of America

Excellent/Good

$200 cash rewards bonus

BankAmericard® credit card

Best balance transfer card from Bank of America

Good, Excellent

N/A

Bank of America® Customized Cash Rewards credit card

Best for flexible cash-back rewards

Good, Excellent

$200

Bank of America® Premium Rewards® credit card

Best for flexible redemption options

Good, Excellent

$95

60,000 points

Bank of America® Unlimited Cash Rewards credit card for Students

Best flat-rate rewards card for students

Good/Excellent

$200 cash rewards bonus

Bank of America® Travel Rewards credit card for Students

Best for students who want to travel

Good/Excellent

25,000 points

Air France KLM World Elite Mastercard®

Best for Air France/KLM flyers

Good/Excellent

$89

70,000 bonus miles + up to 100 XP

Alaska Airlines Visa Signature® credit card

Best for companion pass

Good, Excellent

$95

60,000 bonus miles

Bank of America® Premium Rewards® Elite credit card

Best for airline lounge access

Excellent

$550

75,000 points

Bank of America® Unlimited Cash Rewards credit card

Best for simple cash back

Good, Excellent

$200

BankAmericard® Secured credit card

Best for rebuilding credit

Bad/Poor

N/A

Bank of America® Travel Rewards credit card

Best for earning travel rewards

Good/Excellent

25,000 points

More About the Best Bank of America Credit Cards

Even though it’s a secured card, no one’s missing out with the Bank of America® Customized Cash Rewards Secured Credit Card*. Choose elevated rewards in a category of your choice, allowing you to literally customize your earnings.

Rewards: Earn 3% cash back in a category of choice: gas and EV charging, online shopping, dining, travel, drug stores or home improvement/furnishings; 2% cash back at grocery stores and wholesale clubs; unlimited cash back on all other purchases. 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%.

Welcome offer: This card does not offer a welcome bonus.

Annual fee: $0

Other benefits and drawbacks: The biggest downside to this card is that you’re required to provide a deposit of at least $200, similar to all secured credit cards. Eventually, you may qualify for a deposit refund based on your activity and overall credit history. One other disadvantage of this card is that you’ll need to keep an eye on your spending since increased card earnings max out on your bonus category after only $2,500 in spending each quarter.

The simplicity of the Bank of America® Unlimited Cash Rewards Secured Credit Card* may be appealing to those focused on building or repairing their credit, and who don’t want the fuss that comes with bonus earnings categories. It is a secured card, meaning it requires an upfront deposit, which serves as the card’s credit limit. But this also means those with poor credit stand a better chance of being approved.

Rewards: Earn 1.5% unlimited cash back on all purchases.

Welcome offer: This card does not offer a welcome bonus.

Annual fee: $0

Other benefits and drawbacks: This card does not offer the same introductory APR periods as its non-secured counterpart. A secured credit card can be a good option for those with no or not-so-great credit. With a consistent payment record, you may be offered the opportunity to apply for an unsecured card.

For travelers looking to build their credit histories, the Bank of America® Travel Rewards Secured Credit Card* might be the way to go. You’ll earn a flat-rate of cash back on purchases, plus bonus points when making travel arrangements through the Travel Center.

Rewards: Earn 3 points per dollar on purchases made through the Travel Center and 1.5 points per dollar on all other purchases.

Welcome offer: The card does not offer a welcome bonus.

Annual fee: $0

Other benefits and drawbacks: The Travel Rewards Secured isn’t the flashiest secured card, but you can double the points you earn by booking travel through the issuer’s Travel Center. Plus, it comes with no foreign transaction fees for when you go on that trip you’ve booked.

Students who want to maximize rewards and are willing to tolerate a card with a more complex system of cash-back rewards will find the Bank of America® Customized Cash Rewards credit card for Students to be a highly rewarding option.

Rewards: Earn 3% cash back in the category of choice and an automatic 2% at grocery stores and wholesale clubs. Bonus earning is limited to the first $2,500 in the 3% and 2% categories combined each quarter. Earn an unlimited 1% on all other purchases.

Welcome offer: Earn a $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of account opening.

Annual fee: $0

Other benefits and drawbacks: The card also comes with a 0% introductory APR for 15 billing cycles on purchases and balance transfers made in the first 60 days, after that a variable APR of 18.24% - 28.24% applies. There's a 3% balance transfer fee for 60 days from account opening, then 4%.

Bank of America loyalists seeking a balance transfer card may find that the BankAmericard® credit card fits the bill. The card comes with a 0% intro APR for 18 billing cycles for purchases and for any balance transfers made in the first 60 days from account opening, 16.24% - 26.24% variable APR thereafter. A 3% balance transfer fee applies for the first 60 days, then 4%.

Rewards: This card does not earn rewards.

Welcome offer: This card does not offer a welcome bonus.

Annual fee: $0

Other benefits and drawbacks: The main appeal of the BankAmericard® credit card is for use as a medium-length, low introductory APR balance transfer card. However, there are other cards with longer terms or those that earn rewards and have appealing balance transfer offers.

The Bank of America® Customized Cash Rewards credit card is made to appeal to those who are only interested in a cash-back rewards program. With no annual fee, no frills and no fancy points system, the straightforward simplicity of this credit card, plus its welcome bonus and introductory APR, make it a good choice for consumers who prioritize cash-back cards or are just getting started with credit.

Rewards: Earn 3% cash back in the eligible 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.

Welcome offer: Earn a $200 online cash rewards bonus after spending $1,000 in purchases in the first 90 days of account opening.

Annual fee: $0

Other benefits and drawbacks: This card offers a 0% introductory APR for 15 billing cycles for purchases and balance transfers, 18.24% - 28.24% variable APR applies thereafter. Intro rate applies for any balance transfers made in the first 60 days; balance transfer fee of 3% applies to each transfer during this period, then 4%. Plus 25% to 75% more cash back for Bank of America Preferred Rewards clients. It has good rewards earning potential and comes with no expiration on rewards as long as your account is open. However, the bonus reward rates are capped quarterly, and the card comes with both a high balance transfer fee and a 3% foreign transaction fee.

With plenty of powerful perks—including a statement credit to cover the application fee for TSA PreCheck® or Global Entry every four years, an annual airline incidental fee credit and no foreign transaction fees—the Bank of America® Premium Rewards® credit card offers a lot of upside. Travelers who maximize these perks can find enough value to justify the annual fee.

Rewards: Earn 2 points per dollar on travel and dining purchases and 1.5 points per dollar on all other purchases.

Welcome offer: Earn 60,000 online bonus points after spending $4,000 in purchases in the first 90 days of account opening.

Annual fee: $95

Other benefits and drawbacks: The card comes with an array of travel benefits, including trip cancellation and delay coverage, baggage delay or loss coverage, and emergency evacuation and transportation coverage. The card also offers a bump in rewards for eligible Preferred Rewards members.

Students can focus energy on their studies instead of fine print with the Bank of America® Unlimited Cash Rewards credit card for Students, which earns flat-rate cash rewards on every purchase with no caps or restrictions.

Rewards: Earn 1.5% unlimited cash back on all purchases.

Welcome offer: Earn a $200 cash rewards bonus after spending $1,000 in purchases within the first 90 days of opening the account.

Annual fee: $0

Other benefits and drawbacks: This is a well-balanced card ideal for students starting to build credit without missing out in the meantime. A solid welcome offer, along with an introductory APR, will intrigue you to look closer: 0% intro APR for 15 billing cycles for purchases and balance transfers made in the first 60 days, 18.24% - 28.24% variable APR thereafter. A 3% balance transfer fee applies for the first 60 days, then 4%. And, there’s no annual fee or expiring rewards—ever.

The Bank of America® Travel Rewards credit card for Students has a simple earning structure. You’ll earn flat-rate rewards for every dollar spent on every purchase. You can use these points for a statement credit to cover the cost of flights, hotels, vacation packages, cruises and even rental cars or baggage fees—making going home for the holidays or away on spring break more affordable.

Rewards: Earn 1.5 points per dollar on all purchases everywhere, every time with no expiration on points as long as your account remains open.

Welcome offer: Earn 25,000 online bonus points after spending $1,000 in purchases in the first 90 days of account opening.

Annual fee: $0

Other benefits and drawbacks: Rewards are only redeemable for travel purchases at 1 cent per point to get the best value. The card also lacks the travel perks and protections of other travel rewards cards.

The Air France KLM World Elite Mastercard®* offers an above-average earning rate with the generous Flying Blue rewards program, giving this card tremendous value for economy and luxury travelers alike.

Rewards: Earn 3 miles per dollar spent on Air France, KLM Royal Dutch Airlines and SkyTeam member airlines purchases and 1.5 miles per dollar spent on all other purchases.

Welcome offer: Earn 70,000 bonus miles and 40 Experience Points after spending $3,000 in purchases within the first 90 days of opening the account. Plus, earn 60 Experience Points upon approval.

Annual fee: $89

Other benefits and drawbacks: What really makes this card unique is you can earn elevated rewards for flights not only on Air France and KLM but on any airline within the SkyTeam alliance—which includes Delta Air Lines in the U.S.

Frequent West Coast flyers should consider the Alaska Airlines Visa Signature® credit card. Alaska Airlines Mileage Plan miles are widely considered among the most valuable airline miles due to a generous award stopover policy and a wide range of international airline partners.

Rewards: Earn unlimited 3 miles per dollar on eligible Alaska Airlines purchases, unlimited 2 miles per dollar on eligible gas, EV charging, cable, streaming services and local transit including ride share purchases and unlimited 1 mile per dollar on all other purchases.

Welcome offer: Earn 60,000 bonus miles and a companion fare ($99 fare plus taxes and fees from $23, terms apply) after spending $3,000 or more in purchases within the first 90 days of account opening.

Annual fee: $95

Other benefits and drawbacks: The annual companion fare starting at $122 ($99 fare plus taxes and fees from $23) after you spend $6,000 or more on purchases within the prior anniversary year, is a major highlight of the card. Because Alaska Airlines prices award travel using traditional award charts rather than dynamic pricing, 1 Mileage Plan mile can be worth more than 1 mile in many other airline loyalty programs.

With savings on airfare, travel protections, lounge access and more, the Bank of America® Premium Rewards® Elite credit card*’s $550 annual fee may still be worth paying for those who can utilize more than this in rewards and benefits.

Rewards: Earn 2 points per dollar on travel and dining purchases and 1.5 points per dollar on all other purchases.

Welcome offer: Earn 75,000 bonus points after spending $5,000 in purchases in the first 90 days of account opening.

Annual fee: $550

Other benefits and drawbacks: The Bank of America® Premium Rewards® Elite credit card* offers a myriad of travel benefits, including Priority Pass membership for airport lounge access, a 20% discount on airfare in any class purchased with points, trip delay and interruption insurance, baggage delay and lost luggage reimbursements and emergency evacuation and transportation benefits.

The card also offers rental car and hotel status upgrades with certain properties and brands through Visa Infinite benefits, plus a number of reimbursements, including: up to $100 in statement credits for either Global Entry or TSA PreCheck application fees every four years, $150 statement credit annually for lifestyle conveniences including streaming services, food delivery, fitness subscriptions and rideshare services, and a $300 statement credit annually for airline incidentals such as seat upgrades, baggage fees, airline lounge fees and in-flight services. Like with other Bank of America credit cards, Preferred Rewards members earn 25% to 75% more value for point redemptions.

The Bank of America® Unlimited Cash Rewards credit card is a no-nonsense card that offers flat-rate cash back on all purchases. For those who qualify for Preferred Rewards, the card quickly moves from lackluster to best-in-class, earning as much as 2.62% at the highest tier.

Rewards: Earn 1.5% unlimited cash back on all purchases.

Welcome offer: Earn a $200 online cash rewards bonus after spending $1,000 in purchases in the first 90 days of account opening.

Annual fee: $0

Other benefits and drawbacks: If you’re looking for simple cash back on all your spending, this card will deliver. But if you’re not eligible for the Preferred Rewards program’s top-tier, there are other flat-rate card options that will offer 2% cash back or more.

If your credit score needs a little attention, consider the BankAmericard® Secured credit card*. While it’s no-frills, it offers a pathway to an unsecured option with no annual fee in the meantime.

Rewards: This card does not earn rewards.

Welcome offer: This card does not offer a welcome bonus.

Annual fee: $0

Other benefits and drawbacks: For the most part, this card offers bare minimum protections and benefits. It’s solely focused on helping you rebuild your credit. Cardholders can opt-in to receive a monthly FICO Score update. Anyone who isn’t just getting started or repairing credit may find better options looking into a different secured card: Bank of America has a few options with rewards and other perks.

The Bank of America® Travel Rewards credit card is made with travelers in mind. Cardholders earn flat-rate rewards for every dollar they spend, regardless of category. Rewards can be used to book travel plans or used as a statement credit against a travel purchase.

Rewards: Earn 1.5 points per dollar on all purchases.

Welcome offer: Earn 25,000 online bonus points after spending $1,000 in purchases in the first 90 days of account opening.

Annual fee: $0

Other benefits and drawbacks: Points are worth a penny each when used for travel purchases. On the other hand, if you take your rewards as cash back, a point is worth less than a cent. If you’re a serious travel rewards enthusiast, you’ll probably be better off using a card that lets you transfer rewards to airline miles.

Methodology

Forbes Advisor considered dozens of credit cards to create this list of the best Bank of America cards. Cards are graded based on numerous factors, including:

Annual fees
Welcome bonus offers
Ongoing earning rates
Intro APR offers
Redemption options
Credit score requirements
Included travel credits
Additional cardholder benefits

Forbes Advisor rates cards both as stand-alone products (the card rating on the review) and compared to others in a specific use case. Sometimes, cards with average stand-alone ratings may still rank highly on a particular list according to how a person looking for a card in that category may value certain card features.

For instance, a card that might be considered mediocre overall could be the top card on a list of rewards cards with no annual fee. That’s because the card might offer limited features compared to other rewards cards, but after we remove cards that charge an annual fee, it’s the best card that remains.

To learn more about our rating and review methodology and editorial process, check out our guide on how Forbes Advisor rates credit cards.

What Is Bank of America?

Bank of America is a U.S.-based investment bank and financial holding company, among the largest in the world and the second largest in the U.S. It offers a full range of commercial and investment banking services along with wealth management services. The company advertises a commitment to meeting the needs of all its clients, including individuals, small businesses and corporations.

Bank of America Credit Card Benefits

All Bank of America credit cards come with some common benefits. For example, consumer cardholders can access FICO scores updated monthly for free through the company’s mobile banking app or by logging in online. Account holders can also use these tools to view credit card bills online, transfer funds, check available credit or configure account alerts.

Bank of America offers optional overdraft protection to help prevent declined purchases, returned checks or other overdrafts when you link your eligible Bank of America checking account to your credit card.

The bank’s rewards-earning cards can earn even more points or cash back through the Preferred Rewards program. Your status in this program is based on your qualifying combined balances in your Bank of America banking and Merrill investment accounts. If you have between $20,000 and $50,000 of combined deposits, you receive a 25% rewards bonus from eligible credit cards. Those with $50,000 to $100,000 in combined deposits receive a 50% rewards bonus, and those with more than $100,000 on deposit receive a massive 75% rewards bonus.

Choosing a Bank of America Credit Card

As with choosing a credit card from any other issuer, you’ll want to find the Bank of America card most suitable for you. For example, the Bank of America® Travel Rewards credit card for Students is a great choice for young adults who travel. Other student card options exist for those who prefer cash back over travel rewards. Frequent non-student travelers will likely be better off with one of the bank’s numerous travel rewards cards, whichever of the co-branded cards fits best: Bank of America has co-branded cards with Air France-KLM, Spirit Airlines, Allegiant Air, Royal Caribbean, Norwegian Cruise Lines, Celebrity Cruises and Alaska Airlines.

The BankAmericard® credit card and cash rewards and premium rewards cards also offer benefits to those whose lifestyles and spending patterns best fit the reward structures these cards offer.

Find the Best Credit Cards for 2024

No single credit card is the best option for every family, every purchase or every budget. We've picked the best credit cards in a way designed to be the most helpful to the widest variety of readers.

Learn More

How To Apply for a Bank of America Credit Card

You can apply for a Bank of America credit card via the Bank of America website. After selecting the right fit, you will be redirected to a secure online credit card application form. Fill out the application and click submit. Applications can also be saved for later so long as any application started is completed within 30 days.

After submitting your application you should receive a notice via email from Bank of America quickly informing you if your application has been approved, declined or needs more time for review. Once approved, you will normally receive your card within 10 business days.

How To Activate Bank of America Credit Cards

The fastest way to activate your credit card is to use Bank of America’s Online Banking service, either through a web browser or the app. Once you enroll, you can use your Online Banking ID and passcode to confirm and activate your card. If you have trouble during the activation process, you can call the customer service number on the back of the card.

How To Cancel a Bank of America Credit Card

You can cancel your Bank of America credit card in one of three ways: Visiting a local branch and speaking with someone in person, calling Bank of America or submitting your request by mail.

Who Should Get a Bank of America Credit Card?

Bank of America offers credit cards suitable for a wide array of consumers. Frequent travelers, students and small business owners can all benefit from using Bank of America cards, as can customers who are strictly interested in cash-back benefits or who need to rebuild credit. If your brand loyalty to Bank of America is strong enough to rule out all options from other card issuers, be sure to thoroughly research all of Bank of America’s credit card options to find the one that most suits your needs.

Preferred Rewards members can especially benefit from a Bank of America card with the added rewards bonus for Gold members and above.

What Credit Bureau Does Bank of America Use?

Bank of America reports information to all three major credit bureaus: TransUnion, Equifax and Experian. For eligible customers using consumer credit cards, the company also offers a free monthly FICO® Score from TransUnion.

What Credit Score Is Needed for a Bank of America Credit Card?

For many Bank of America credit cards, you should have a credit score of at least 670 or higher (FICO credit rating: good to excellent) if you want to maximize the chances of your application being approved. Bank of America offers cards for those building or rebuilding credit—like the Bank of America® Customized Cash Rewards Secured Credit Card*. In these cases, the company will accept a lower credit score but will typically require a security deposit upfront. The deposit is refundable upon account closure but may also be refundable upon an upgrade to an unsecured card once better credit has been established.

Is a Bank of America Credit Card Worth it?

Generally, a Bank of America credit card is a dependable choice with a well-established and long-standing financial institution. The multiple types of credit cards available make it a good choice for many consumers, since it is likely Bank of America will have a card to meet or closely match your needs. If you like Bank of America’s services and intend on banking with the company for a long time, applying for a Bank of America-branded credit card can be helpful and rewarding.

Bank of America Preferred Rewards

The Bank of America Preferred Rewards program offers increased rewards for increased business with Bank of America. There are four tiers in the program: Gold, Platinum, Platinum Honors and Diamond. At each tier, a customer will receive discounts on Bank of America products and an increase on rewards by 25%, 50% or 75%.

The qualifying combined balances in eligible Bank of America accounts and/or Merrill investment accounts determines the reward tier. Qualifying deposit amounts determine tier qualification: $20,000 for Gold, $50,000 for Platinum, $100,000 for Platinum Honors and $1 million for Diamond. Once a customer meets these qualifications, he or she can enroll in the Preferred Rewards program online for no extra cost.

Bottom Line

A credit card from Bank of America can be a great choice, especially for those with existing banking relationships with the company. By picking the best Bank of America credit card for your needs, you can build credit, earn rewards and ensure you have a secure and convenient way to make everyday purchases.

Frequently Asked Questions (FAQs)

Which Bank of America credit card is the best?

There’s no one “best” card suitable for everyone. The best card for you will depend on a combination of your needs, credit profile and spending habits. Bank of America offers numerous credit cards, each designed with a different type of consumer in mind.

What is the highest credit limit for Bank of America credit cards?

The highest credit limit you will be able to qualify for with Bank of America depends on your initial credit score and credit habits. The higher your credit score, the more likely you will be awarded a higher line of credit. For secured cards, your limit will be determined by the amount of the initial deposit. Secured cards in general usually have minimum deposits in the low hundreds and maximum deposits not exceeding $5,000.

How do you set up Bank of America’s credit card autopay?

To set up automatic payments, log into the app and click on the Bill Pay tab to enroll. Once enrolled, click on Add Account and enter the necessary information. To make a payment, select the account, amount, the deliver-by date and then Pay. You can also set up recurring payments.

How often does Bank of America increase credit limits?

Bank of America does not offer guaranteed increases in credit limits, and there are no specific eligibility requirements. However, it periodically reviews accounts demonstrating excellent credit habits and may proactively increase credit limits. You can also request a credit line increase, but try to wait for 12 months after opening the card and six months between requests to maximize the likelihood of approval.

Next Up In Credit Cards

*The information for the following card(s) has been collected independently by Forbes Advisor: Bank of America® Customized Cash Rewards Secured Credit Card, Bank of America® Unlimited Cash Rewards Secured Credit Card, Bank of America® Travel Rewards Secured Credit Card, Air France KLM World Elite Mastercard®, Bank of America® Premium Rewards® Elite credit card, BankAmericard® Secured credit card. The card details on this page have not been reviewed or provided by the card issuer.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. Past performance is not indicative of future results.

Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners.

Kelly-Ann Franklin

Updates Editor

Was this article helpful?

The Forbes Advisor editorial team is independent and objective. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. This compensation comes from two main sources. First, we provide paid placements to advertisers to present their offers. The compensation we receive for those placements affects how and where advertisers’ offers appear on the site. This site does not include all companies or products available within the market. Second, we also include links to advertisers’ offers in some of our articles; these “affiliate links” may generate income for our site when you click on them. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. Here is a list of our partners who offer products that we have affiliate links for.

lorem

Are you sure you want to rest your choices?