Bank of America Customized Cash Rewards
FreeCustomize your 3% cash back category and boost rewards with Preferred Rewards
💵Cash Back CardsAbout Bank of America Customized Cash Rewards
The Bank of America Customized Cash Rewards card lets you choose one category to earn 3% cash back, with 2% at grocery stores and wholesale clubs and 1% on everything else. Preferred Rewards members can boost earnings by 25-75%, making this card exceptionally valuable for Bank of America banking customers.
What's Great
- ✓Choose your own 3% cash back category (gas, online shopping, dining, etc.)
- ✓Preferred Rewards members earn 25-75% bonus on all cash back
- ✓2% at grocery stores and wholesale clubs covers common household spending
- ✓No annual fee with strong earning potential for BofA customers
Watch Out For
- !3% and 2% categories cap at $2,500 in combined quarterly spending
- !Maximum value requires significant Bank of America banking relationship
- !1% base rate on non-bonus spending is below flat-rate competitors
- !Can only change your 3% category once per month
Common Use Cases
Bank of America customer maximizing rewards through Preferred Rewards tier
Spender wanting to customize their top cash back category to match habits
Household pairing this card with another for comprehensive category coverage
Pricing Model
Free
100% free to use — no credit card required.
Category
Cash Back Cards
Earn cash back on everyday purchases with straightforward rewards.
Tags
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