Bank of America
Bank of America Unlimited Cash Rewards Credit Card
Estimated value every year on typical spending
$468/ year
Every year, after the annual fee. Year one adds a $250 welcome bonus: $718
Based on a typical ~$2,600/month of spending. Points valued conservatively; confirm terms with the issuer.
Carry a balance? At 20%+ APR, interest usually costs more than any card earns.
Is it worth it?
With no annual fee, the Bank of America Unlimited Cash Rewards Credit Card can't cost you money to hold, so the question is only whether another card would earn more. It's worth about $468 a year on typical spending. The welcome bonus adds roughly $250 in the first year.
The fine print
- Intro APR
- 0% for the first 15 billing cycles
- Regular APR
- 17.74% to 27.74% variable
- Foreign fee
- None
- Rewards paid as
- Cash back
- Approval
- Good credit recommended
- Redeem for
- Statement credit · Direct deposit · Gift cards
Rewards
- 1.5% cash back on all purchases
Sign-up bonus
$250 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening.
Best for
- Simple flat-rate cash back
- Keeping costs at $0
Not ideal for
- Frequent international travelers
Trade-offs: No annual fee ↔ lower category bonuses.
Worth knowing
- Annual fee
- $0
- Intro APR
- 0% for the first 15 billing cycles
- Regular APR
- 17.74% to 27.74% variable
- Balance transfer fee
- 3% of each transaction intro balance transfer fee for the first 60 days your account is open. After the intro balance transfer fee offer ends, the fee for all future balance transfers is 5%.
- $1200/mo on everyday spending earns about $216/year (1.5%).
Offer history
No changes to the fee, welcome offer or intro APR since we started checking this card daily on Oct 26, 2026.
Bank of America Unlimited Cash Rewards Credit Card: questions people ask
Is the Bank of America Unlimited Cash Rewards Credit Card worth it?
With no annual fee, the Bank of America Unlimited Cash Rewards Credit Card can't cost you money to hold, so the question is only whether another card would earn more. It's worth about $468 a year on typical spending. The welcome bonus adds roughly $250 in the first year.
What is the Bank of America Unlimited Cash Rewards Credit Card annual fee?
The Bank of America Unlimited Cash Rewards Credit Card has no annual fee ($0).
What is the Bank of America Unlimited Cash Rewards Credit Card welcome bonus?
$250 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening. We value it at about $250. We check the issuer's page daily; it hasn't changed since we started tracking on Oct 26, 2026.
What does the Bank of America Unlimited Cash Rewards Credit Card earn?
1.5% cash back on all purchases.
What credit score do you need for the Bank of America Unlimited Cash Rewards Credit Card?
The issuer doesn't say; we'd class it as: good credit recommended. Checking your matches on CardFit never runs a credit check.
Does the Bank of America Unlimited Cash Rewards Credit Card charge foreign transaction fees?
No. The Bank of America Unlimited Cash Rewards Credit Card has no foreign transaction fee.
Does the Bank of America Unlimited Cash Rewards Credit Card have a 0% intro APR?
0% for the first 15 billing cycles. After that the regular APR is 17.74% to 27.74% variable.
Compare Bank of America Unlimited Cash Rewards Credit Card
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Card details are collected from issuer websites and were last refreshed October 29, 2026. Source: Bank of America product page. Terms change often; confirm them with the issuer before you apply.