Introductory bonus$200 online cash rewards bonus after making at least $1,000 in purchases within the first 90 days of account opening
APR14.74% – 24.74% Variable APR on purchases and balance transfers
- Earn 3% cash back in the category of your choice (up to $2,500 in combined choice category/grocery/wholesale club quarterly purchases)
- Automatically earn 2% at grocery stores and wholesale clubs (up to $2,500 in combined premium category/grocery/wholesale club quarterly purchases)
- Earn unlimited 1% on all other purchases.
Intro Purchase APR0% for 15 billing cycles
Intro Balance Transfer APR0% Intro APR for 15 billing cycles for all BTs made in the first 60 days. A 3% fee (min. $10) applies.
Balance Transfer FeeEither $10 or 3% of the amount of each transaction, whichever is greater.
APR balance transfer14.74% – 24.74% Variable APR on purchases and balance transfers
Late payment feesSee terms
Foreign transaction fees3%
APR Penaltyup to 29.99% APR
Details of rewards and redemptions
This Bank of America card gives cardholders a little more control over their rewards than most. Cardholders can choose a 3% “daily” cash back category to earn rewards in addition to the 2% and 1% static reward categories.
3% of category choices include gas, online shopping, restaurants, travel, drug stores, or home improvement/furnishings. However, the rewards are limited to $2,500 in combined purchases of 3% and 2% categories each quarter, then the rewards drop to 1%.
If you spend more than $2,500 on gas and other purchases each quarter, you might want to consider another card. But for consumers who spend less than that, this card presents a low-cost, lucrative option for earning cash when you fill up on gas.
As well as offering a flexible rewards program, it comes with an easy-to-obtain welcome bonus and an introductory APR of 0% for purchases (then from 14.74% to 24.74% variable ). However, it doesn’t offer many other benefits, like purchase or travel protections, outside of the standard fraud protection.
- Your choice of 3% cash back category
- 0% APR Introductory Offer
- Easy welcome bonus
- Quarterly spending limit of $2,500 in combined 3% and 2% categories
- Few benefits