Discover the Steps to Apply for the BoA Unlimited Cash Rewards Card
Key Points to Know Before Applying for the BoA Unlimited Cash Rewards Card
The Bank of America Unlimited Cash Rewards card, partnered with Visa Signature, delivers a straightforward 1.5% cash back on every purchase, with additional perks for those enrolled in the Preferred Rewards program.
CREDIT CARD
BoA Unlimited Cash Reward
If you’re interested in obtaining the card, submit your application today.
GO TO OFFICIAL WEBSITE* You will be directed to an external website
The Preferred Rewards program offers a range of exclusive advantages.
With credit cards, you can boost your rewards rate on purchases from 1.87% up to 2.62%, which can significantly benefit your financial outlook.
To qualify for this program, applicants must hold an active and valid Bank of America account.
Additionally, they need to maintain a combined average balance of $20,000 over three months, which includes deposits and Merrill investment accounts.
This Bank of America credit card has no annual fee and features a 15-month introductory APR on both purchases and balance transfers.
After the introductory period, interest rates fluctuate, typically ranging from 18.24% to 28.24% APR. Balance transfers incur a fee starting at 3%, increasing to 4% thereafter.
New cardholders can earn a $200 sign-up bonus by spending at least $1,000 within the first three months of account opening.
You can redeem rewards that never expire through various options such as statement credits, direct deposits to your Bank of America account, purchases on Amazon.com, or via PayPal.
Keep reading if you want to learn more details.
Eligibility Criteria
You don’t need an existing Bank of America account to apply. Once approved for the BoA Unlimited, a card account will be created automatically for you.
Applicants must be at least 18 years old to qualify, except in some areas like Puerto Rico where the minimum age is 21.
This card is issued across all 50 states in the U.S. To qualify, applicants must be either U.S. citizens or foreign nationals holding a valid passport along with a work visa.
Additionally, your credit report must reflect a good credit score, generally between 670 and 700 on the FICO scale.
Applicants will also need to provide verifiable and valid proof of income to be considered for approval.
However, it’s important to note that fulfilling these criteria doesn’t guarantee approval, as every application is subject to Bank of America’s evaluation and available capacity.
How to Apply for the BoA Unlimited Cash Rewards Card
Bank of America’s official site features a clearly visible “Apply Now” button that directs you straight to the application form.
Once you open the application, you’ll be asked to fill in basic details such as your first and last names, home address, phone number, and email.
To speed things up, existing Bank of America customers can log into their accounts. Then, you’ll need to submit information including your Social Security number, living arrangements, monthly bills, and income details.
Before conducting a full credit check, the bank typically requests these important pieces of information.
During the application, you might need to submit documents such as proof of residence, a scanned copy of your driver’s license or passport, and recent bank statements to verify your income.
If you encounter any issues or have inquiries, don’t hesitate to reach out to the bank using their online chat or other support channels, including the listed phone number.
CREDIT CARD
BoA Unlimited Cash Reward
Satisfied with the terms? Apply for your card today.
GO TO OFFICIAL WEBSITE* You will be directed to an external website
Further Details
This card is very accessible and can be used without the physical version by utilizing mobile digital wallets. For security, Bank of America offers:
- Easy card management via mobile app
Fraud Prevention Lock
– Zero liability for unauthorized charges
Balance Connect helps avoid overdrafts
– Alerts for your account activity
FICO score monitoring
Therefore, beyond just the rewards, it stands out as a strong option for effectively managing your finances.
Looking for a different option?
The **Capital One SavorOne** card focuses on rewards, offering 1% cash back on all eligible purchases and up to 3% in select everyday spending categories.
Additionally, this alternative delivers trusted security features and user-friendly benefits, along with clear guidance on how to apply.
