Rewards Credit Cards from Bank of America (2024)

FAQs

Does Bank of America credit card have reward points? ›

The five cards that earn Preferred Rewards points are the Bank of America® Travel Rewards credit card, the Bank of America® Premium Rewards® credit card, the Bank of America® Premium Rewards® Elite credit card*, the Bank of America® Travel Rewards credit card for Students and the Bank of America® Travel Rewards Secured ...

Bank of America Customized Cash Rewards credit card Approval Requirements. Minimum credit score: 750+ (excellent credit). Other factors: Annual income, employment status, existing debt, payment history, and monthly mortgage or rental payment, among others. Minimum age: 18 years old for U.S. citizens.

Sign-up bonus: 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. Rewards: 1.5 points per dollar spent.

Members of the award-winning Bank of America Preferred Rewards® program enjoy many exclusive benefits and pricing discounts, all designed around the ways you save, spend and borrow with Bank of America and invest with Merrill. ¹. When your balances work together, you can maximize the rewards you earn.

Just go to bankofamerica.com/myrewards, or call the Redemption Center at 1.800. 434.8313. Points are available for redemption as soon as they appear on your statement. Points cannot be redeemed if the account is not in good standing, or is closed, at the time of redemption.

Bank of America points are generally worth 1 cent per point when redeemed as a statement credit or for travel purchases. As such, the number of Bank of America points that you'll need for a flight will depend on the cost of your flight. For example, a $250 flight will cost 25,000 points.

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.

Open a new eligible Bank of America business checking account and qualify for a $200 cash bonus offer. Access to powerful digital tools and Small Business specialists all in one place. Plus earn a $200 cash bonus when you meet the qualifications listed below in your new, eligible business checking account.

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.

Who is a platinum customer at Bank of America? ›

Those who hold a three-month average of $50,000 or more across Bank of America accounts will qualify for the Platinum tier. Members don't have to request an upgrade from the bank — once you hit the savings minimum, you will automatically qualify for an upgrade.

To enroll you must have an active, eligible Bank of America business checking account, and maintain a qualifying balance of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or $100,000 for the Platinum Honors tier in your combined qualifying Bank of America business deposit accounts (such as checking, ...

Bank of America rewards points are worth up to 1 cent per point. The exact ammount depends on which BofA rewards card you have and how you redeem the points. For example, points from the Bank of America® Travel Rewards credit card are worth $0.01 each when redeemed for travel credits (1,000 points = $10).

Earn cash back on all your purchases with a cash rewards credit card from Bank of America®. Earn cash back on everyday purchases, including grocery store and gas purchases. Plus, some cash back credit cards give you the option to help support a special cause in addition to earning cash back for every purchase.

Earn 50,000 bonus points when you spend $2,000 in eligible purchases within the first 120 days of account opening. That's a $500 value redeemable towards travel, gift cards, cash back, merchandise and more.

The Cash Rewards cash value will be deposited within five business days via electronic transfer into the Bank of America checking or savings account or qualifying Cash Management Account® with Merrill that you selected as long as your account is open and has active charging privileges.