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Accepting applicationsTerms last verified 2026-08-17

Bank of America Customized Cash Rewards Credit Card

Issued by Bank of America (Bank of America Corporation) · Visa network · Unsecured consumer card

At a glance

The Bank of America Customized Cash Rewards Credit Card is a cash back consumer credit card issued by Bank of America on the Visa network. Its current annual fee is $0, with a 3% of each transaction foreign-transaction fee. It is accepting new applications. Terms were last independently verified on 2026-08-17.

Exhibit AOfficial issuer information

Current rates and fees

From the issuer’s official pages and agreement. Each value shows its source, confidence, and last-verified date.

Interest

Purchase APR16.49%–28.49% variable (as of August 2026)

Read from the issuer agreement dated 2026-06-30 (Prime + 9.74% to Prime + 21.74%). Many review sites still publish an outdated 17.49%–27.49% range; the agreement governs.

Bank of America — official credit card agreement (PDF)verified 2026-08-17

APR typeVariable — tracks the Prime Rate

Bank of America — official credit card agreementverified 2026-08-17

Fees

Annual fee$0

Bank of America — official product pageverified 2026-08-17

Foreign-transaction fee3% of each transaction

Bank of America — official credit card agreementverified 2026-08-17

Rewards

Reward currencyCash back

Bank of America — official product pageverified 2026-08-17

Base earn rate3% in a category you choose, 2% at grocery stores and wholesale clubs — both only on the first $2,500 in combined purchases each quarter, then 1%; 1% on everything else

The $2,500 combined quarterly cap is the key limit — it works out to roughly $833/month across both bonus tiers.

Bank of America — cash back category choices pageverified 2026-08-17

Benefits and protections

  • Choose your own 3% category each month. source

Confirm before you apply

Modeled cost

True cost of this card

True-cost calculator

Illustrative math from this card’s APR. Nothing you enter is stored. This shows costs — it does not predict your rate or approval.

Cost of carrying a balance for a year

Balance carriedInterest / monthInterest / year
$1,000$18.74$224.9
$3,000$56.22$674.7
$5,000$93.71$1,124.5

Paying only the minimum on $3,000

845 months

About $28,538.6 in interest (2% minimum, $25 floor).

$5,000 balance transfer (3% fee, 15-mo intro, $300/mo)

$170.26 total cost

$150 upfront fee, plus post-intro interest at 22.49%.

Simplified illustrations. Real interest depends on your exact APR, balance, timing, and payments. The clearest way to avoid all of this is to pay the statement balance in full.

Exhibit BIndependent editorial analysis

Our independent analysis

Editorial rating

3.83.8 out of 5

How this score was calculated
DimensionWeightScore
Earning value (net of fees)35%3.5/5
Fees (annual, FTF)20%4/5
Redemption simplicity20%4/5
Terms transparency15%4/5
Protections10%3.5/5

Methodology 2026.07 · full methodology · Credit Defense Hub earns no commission or affiliate revenue from card issuers; editorial scores are independent of any advertising relationship.

Choose-your-own 3% category with no annual fee — genuinely useful if your spending is concentrated. The catch is the $2,500 combined quarterly cap on the 3% and 2% tiers, after which everything drops to 1%. Worth noting: Bank of America publishes a current agreement PDF whose APR range differs from what most review sites repeat; we use the agreement.

Advantages

  • Pick the 3% category that matches your spending
  • No annual fee
  • Official agreement PDF is public and current

Watch for

  • $2,500 combined quarterly cap on bonus earning
  • 3% foreign-transaction fee
  • Best rates require a Bank of America relationship tier

Best for: Existing Bank of America customers with concentrated spending in one category.

Credit Defense Hub Editorial Team · reviewed 2026-08-17 · Pending named subject-matter review Editorial analysis is independent and separate from the issuer and from consumer reviews.

Extractable answers

Quick answers

Who issues the Bank of America Customized Cash Rewards Credit Card?
It is issued by Bank of America (legally, Bank of America, N.A.) on the Visa network.
What does the Bank of America Customized Cash Rewards Credit Card cost?
The annual fee is $0, and the foreign-transaction fee is 3% of each transaction. Verified 2026-08-17. The purchase APR is variable and depends on creditworthiness — confirm the current range with the issuer.
Is the Bank of America Customized Cash Rewards Credit Card accepting new applications?
Yes, as of our last verification. Availability can change — confirm on the issuer’s page.
Does the Bank of America Customized Cash Rewards Credit Card help build credit?
Like most major cards, on-time payments and low utilization generally help build history over time; check the issuer’s reporting practices.
What should someone verify before applying?
The current APR range, the annual and foreign-transaction fees, any welcome-offer terms, and whether the reward or benefit you want still applies — all directly on the issuer’s page or card agreement.
What should you do if something goes wrong with this card?
For a wrong charge, use the issuer’s billing-dispute process (FCBA). For inaccurate credit reporting, dispute with the bureaus (FCRA). If it is not resolved, you can complain to the CFPB and your state attorney general. See our card-problem guides.

Current-fact answers reflect terms verified 2026-08-17; confirm with the issuer before applying.

Exhibit CConsumer experience data

What consumers report

No verified consumer reviews yet

Exhibit DIndividual consumer reviews

Share your experience

Rate the card, flag specific issues or positives, and tell your story. We never ask for card numbers, account numbers, or your SSN.

Step 1 of 5
Your overall experience with the Bank of America Customized Cash Rewards Credit Card

Nothing you enter is stored unless you submit, and we never ask for card numbers, account numbers, or your SSN.

Would you recommend this product?

When to talk to a professional

See the issuer’s official page →

Educational information — not advice

This page provides general educational information about credit, debt, and consumer protections. It is not legal advice, financial advice, or credit repair services, and reading it does not create any professional relationship. Laws, procedures, deadlines, and dollar amounts vary by state and change over time.

For advice about your specific situation, consult a licensed attorney or qualified financial professional. See our full disclaimer.