THE POWER TO

choose for yourself

Earn 3% cash back in the category of your choice with the Bank of America® Cash Rewards credit card

Get the card that lets you maximize your cash back by choosing how you earn rewards

No annual fee1

NEW Earn 3% cash back in the category of your choice: Gas, Online Shopping, Dining, Travel, Drug Stores, Home Improvement and Furnishings. Earn 2% cash back at grocery stores and wholesale clubs and 1% cash back on all other purchases.

Up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases

Choosing is easy

You can choose a different 3% category for future purchases once each calendar month in our award-winning Mobile Banking app2 or Online Banking. To help you see what is most rewarding to you, you can view a snapshot of your prior spending for each of the 3% choice categories.

Redeem rewards on your terms

  • Enjoy the flexibility to redeem cash back as a deposit into your Bank of America® checking or savings accounts, or for credit to eligible Merrill Edge® and Merrill Lynch® accounts including 529 accounts, or choose a statement credit to your credit card, or a check
  • And your cash rewards don’t expire

Get 25%-75% more cash back
if you’re a Preferred Rewards client

Preferred Rewards lets you enjoy real benefits and rewards on your everyday Bank of America® banking, including a 25%-75% cash back bonus on every purchase. That means the 3% choice category could go up to 5.25% cash back and the 2% at grocery stores and wholesale clubs could go up to 3.5%, for the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, and the 1% for all other purchases could go up to 1.75%.

Apply today for the Bank of America® Cash Rewards credit card