3% cash back in the category of your choice, like online shopping.

With the Bank of America® Customized Cash Rewards credit card, you can choose how to earn 3% cash back by switching your category monthly between gas & EV charging stations, online shopping & more, dining, travel, drug stores & pharmacies, or home improvement & furnishings.

More ways to earn cash back

Check out all the benefits of being a cardholder.

3%cash back

in the category of your choice: Gas & EV Charging Stations, Online Shopping & More, Dining, Travel, Drug Stores & Pharmacies, Home Improvement & Furnishings

2%cash back

automatically at grocery stores and wholesale clubs

1%cash back

unlimited on all other purchases

Earn 3% and 2% cash back on the first $2,500 in combined purchases each quarter in the choice category, and at grocery stores and wholesale clubs, and then earn an unlimited 1% thereafter.

Calculate your earnings

Bank of America
Preferred Rewards® Bonus

If you are a Bank of America Preferred Rewards member, you'll earn a special bonus on your Customized Cash Rewards credit card! Not a Preferred Rewards member? All you need is an active, eligible Bank of America® checking account and have a three-month combined average daily balance of $20,000 or more in a Bank of America deposit and/or Merrill® investment accounts.

Learn more
$180Cash backBank of America Cash Rewards credit card $225Cash back
$270Cash back
$315Cash back
If you
Bank of America Cash Rewards credit cardCash
3% choice category
$2,000 $60 $75 $90 $105
2% grocery store/
wholesale club
$2,000 $40 $50 $60 $70
1% all other
$8,000 $80 $100 $120 $140
Total annual cash
rewards earned
$180 $225 $270 $315

This is for illustrative purposes only. Your actual rewards earned will depend on your individual purchases and enrolled tier in Preferred Rewards.

Not sure if the Customized Cash Rewards credit card is right for you? Check out our other card options.

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Need help deciding? Call 888-368-5746Call 888-368-5746

1 $200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening.

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.

For information about rates, fees, other costs and benefits associated with the use of this card or to apply, click on ‘Apply now’ and refer to the disclosures accompanying the online credit card application

Preferred Rewards Program Eligibility. You can enroll, and maintain your membership, in the Bank of America Preferred Rewards® program if you have an active, eligible personal checking account with Bank of America® and maintain the balance required for one of the balance tiers. The balance tiers are $20,000 for the Gold tier, $50,000 for the Platinum tier, $100,000 for the Platinum Honors tier, $1,000,000 for the Diamond tier and $10,000,000 for the Diamond Honors tier. Balances include your combined, qualifying Bank of America deposit accounts (such as checking, savings, certificate of deposit) and/or your Merrill investment accounts (such as Cash Management Accounts, 529 Plans). You can satisfy the combined balance requirement for enrollment with either:

  1. a three-month combined average daily balance in your qualifying deposit and investment accounts, or
  2. a current combined balance, provided that you enroll at the time you open your first eligible personal checking account and satisfy the balance requirement at the end of at least one day within 30 days of opening that account.
Refer to your Personal Schedule of Fees for details on accounts that qualify towards the combined balance calculation and receive program benefits. Eligibility to enroll is generally available three or more business days after the end of the calendar month in which you satisfy the requirements. Benefits become effective within 30 days of your enrollment, or for new accounts within 30 days of account opening, unless we indicate otherwise. Bank of America Private Bank clients qualify to enroll in the Diamond Tier regardless of balance, and may qualify for the Diamond Honors tier based on their qualifying Bank of America, Merrill and Private Bank balances. Certain benefits are also available without enrolling in Preferred Rewards if you satisfy balance and other requirements.

Credit Card Preferred Rewards Bonus. Enrolled members with Bank of America® Customized Cash Rewards credit cards can receive a Preferred Rewards bonus of 25% for the Gold tier, 50% for the Platinum tier, or 75% for the Platinum Honors, Diamond or Diamond Honors tier on each purchase. The Preferred Rewards bonus will be applied after all base and bonus cash rewards have been calculated on a purchase. For example, a $100 purchase that earns 3% ($3.00) will actually earn $3.75, $4.50 or $5.25 based on your tier when the purchase posts to your account. If your card receives the 10% customer bonus, the Preferred Rewards bonus will replace the 10% customer bonus. You will not receive the Preferred Rewards bonus when you redeem your cash rewards. The Preferred Rewards bonus is not applied to any account opening bonus, if applicable. Other terms and conditions apply. Additional details about the Preferred Rewards bonus are available in your card’s Program Rules, which are mailed upon account opening and are accessible through the rewards redemption site via Online Banking or by calling the number on the back of your card.

This credit card program is issued and administered by Bank of America, N.A. Visa and Visa Signature are registered trademarks of Visa International Service Association and are used by the issuer pursuant to license from Visa U.S.A., Inc. Merrill, Bank of America Preferred Rewards®, Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation. The Contactless Symbol and Contactless Indicator are trademarks owned by and used with permission of EMVCo, LLC.

Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC, and a wholly owned subsidiary of BofA Corp.

Investment products are provided by MLPF&S and:

  • Are Not FDIC Insured
  • Are Not Bank Guaranteed
  • May Lose Value