Bank of America Customized Cash Rewards
Bank of America · Cashback · Statement Credit
This comprehensive guide covers the Bank of America Customized Cash Rewards's reward rates, fees, and terms — updated regularly from official sources — to help you decide if this card fits your spending. The Bank of America Customized Cash Rewards from Bank of America offers cashback rewards credited directly to your statement at 3% (up to $2,500 per cycle). Top earning categories include 3% cash back on chosen category (gas, online shopping, dining, travel, drugstore, or home improvement) and more. This card has no annual fee.
Best for: Fuel, Online Retail, Dining, Travel
Reward Examples
Spend $1,000 on Fuel → earn $30 (3%) · 3% cash back on chosen category (gas, on
Spend $1,000 on Grocery → earn $20 (2%) · 2% cash back on grocery stores and whole
Spend $1,000 on General online → earn $10 (1%) · 1% cash back on all other purchases
Official product page → Official rules →
Waiver: No annual fee
Reward Rules
- 3% 3% cash back on chosen category (gas, online shopping, dining, travel, drugstore, or home improvement) (cap: $2,500)
- 2% 2% cash back on grocery stores and wholesale clubs (cap: $2,500)
- 1% 1% cash back on all other purchases
Important Notes
- 3% category choice is made by cardholder; combined 3% + 2% earn capped at $2,500 spend per quarter.
- Bank of America Preferred Rewards members earn 25-75% bonus (3% becomes 3.75-5.25%) —.
- Online shopping category covers a broad range of online merchants including cable, streaming, and internet.
How to Apply
- Apply online: Official application page →
- Credit score: Most rewards cards require good to excellent credit (typically 670+ FICO).
- Issuer rules: Some issuers restrict approvals (e.g. Chase 5/24). Verify current eligibility before applying.
Bank of America Customized Cash Rewards vs Similar Cards
- Alaska Airlines Visa® Business Card — Alaska Miles · $75
- Alaska Airlines Visa Signature® Card — Alaska Miles · $75
- Alliant Cashback Visa® Signature Card — 3% top rate · $0
Maximize Your Rewards
To earn the highest rewards, use the Bank of America Customized Cash Rewards for its bonus categories: Fuel, Online Retail, Dining, Travel, Pharmacy.