Bank of America Customized Cash Rewards
$200 welcome bonus · 3% on selected categories · $0 annual fee
The Customized Cash Rewards lets you pick where your 3% cash back lands, choosing one category from gas, online shopping, dining, travel, drugstores, or home improvement, while grocery stores and wholesale clubs earn 2%, all with no annual fee. A $200 bonus after $1,000 in spend within three months and 15 months of 0% intro APR on purchases and balance transfers add useful early value. The catch is the cap: the 3% and 2% rates share a combined $2,500 quarterly limit, after which everything earns 1%, so heavy spenders will run past it quickly. It also charges foreign transaction fees, which rules it out for international travel. It works best as a targeted second card for one big spending category rather than as your everyday catch-all.
Earn rates & credits
| Category | Rate |
|---|---|
Choose 1 category 3% in choice category (gas, online shopping, dining, travel, drugstores, home improvement); cap is combined with groceries/wholesale-club row on first $2,500/qtr, then 1% | 3% |
Groceries Grocery stores; cap is combined with the choice category and wholesale clubs on first $2,500/qtr, then 1% | 2% |
Wholesale Clubs Wholesale clubs; cap is combined with choice category and grocery stores on first $2,500/qtr, then 1% | 2% |
Everything Else | 1% |
Card details
Regular APR | 17.49%–27.49% variable |
Intro APR on purchases | 0% for 15 months |
Intro APR on balance transfers | 0% for 15 months |
Foreign transaction fee | Yes |
Approval odds
Product changes
Where cardholders came from before landing on this card, and what they moved it to afterwards. Thicker flows carry a larger share of the changes in that direction.
Bank of America Customized Cash RewardsBank of America Customized Cash RewardsBased on 4 reported product changes. Percentages are shares of each direction, not of all cardholders, and a small sample can swing a long way.