Bank of america cash rewards credit card review – creditcards.com q gas station cleveland ohio

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For cardholders on a budget, the Bank of America Cash Rewards card is a good value. It offers bonus points on everyday purchases, such as gas and groceries, so cardholders don’t have to go out of their way to earn a decent return on spending. It also makes earning bonus rewards a lot easier than similar cash back cards. The ability to choose your bonus rewards category allows customization as your spending gas 78 industries changes, so you can continue to earn great rewards throughout the year.

The Bank of America Cash Rewards card circle k gas station locations offers a $150 online cash rewards bonus to new cardholders – currently one of the largest sign-up bonuses among cash back cards – and it comes with a very reasonable spending requirement. Cardholders only need to spend $500 in the card’s first 90 days – roughly $167 a month. This combined with the card’s generous bonus categories may make the Bank of America Cash Rewards card especially appealing card to rewards card users looking to maximize their c gastronomie cash back earnings. High earning rate on flexible rewards

Thanks to a choose-your-own-adventure style rewards program, Bank of America Cash Rewards cardholders should have no trouble racking up a significant amount of cash with this rewards credit card. Users get to choose from six categories to earn 3 percent cash back – including gas, online shopping, dining, travel, drug stores or home improvement and furnishings. If you don’t choose another category, you’ll default to 3 percent cash back on gas.

In addition, cardholders receive 2 percent cash back on groceries, including those purchased at wholesale clubs, which is a big draw for families with a lot of mouths to feed. (There is a $2,500 quarterly spending cap on the 2 and 3 percent bonuses combined – read the next section for more details.) Relatively low ceiling on bonus-awards gas city indiana police department spending

The biggest gas vs diesel engine downside to the Bank of America Cash Rewards card is that it substantially limits how much money you can earn by capping bonus-awards spending at $2,500 per quarter – or roughly $833 a month. That means if you spend more than $2,500 in a quarter on your chosen 3 percent category or groceries, you’ll receive just 1 percent cash back on any excess spending. The $2,500 cap probably won’t bother families who don’t typically spend much more than that anyway. But if you electricity explained’re a heavy spender looking to maximize your savings, you’re better off looking at a card that doesn’t impose a rewards limit. Hassle-free rewards structure

One of our favorite features of the Bank of America Cash Rewards card is its low maintenance rewards structure, which makes it an ideal card for consumers who don’t want to spend a lot of time thinking about their credit card. The Bank of America Cash rewards card electricity distribution network doesn’t force cardholders to keep track of a rotating list of quarterly bonus categories. Even if you don’t choose your own 3 percent cash back category each month, you’ll still earn great rewards on gas and groceries every quarter. Even better, the rewards don’t expire, so you don’t have to worry about missing out if you’re slow to redeem your earnings. Extra perks for Bank of America account holders

For consumers who already 100 gas vs 10 ethanol have an account with Bank of America, the Bank of America Cash Rewards card is an exceptionally good deal – especially if cardholders optimize their earnings by maxing out the total amount of bonuses they receive. Preferred Rewards cardholders with a substantial bank balance are eligible to earn a steeper bonus – in some cases as high as 25 to 75 percent. Why get the Bank of America Cash Rewards card?