Posted July 21, 2021
There have been a ton of new credit card launches in recent weeks, and now Bank of America is getting in on the action with the new Bank of America® Unlimited Cash Rewards Credit Card.
As implied by its name, the card earns an unlimited 1.5% cash back on all purchases, so there are no bonus categories to track. It comes with a decent welcome bonus, too — new cardholders can earn a $200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days from account opening.
However, if you're a Bank of America Preferred Rewards customer, you can earn 25% to 75% more cash back with the Bank of America® Unlimited Cash Rewards Credit Card, depending on your rewards tier — which can make the card a lot more lucrative.
Here's what to know about the new Bank of America® Unlimited Cash Rewards Credit Card to help you decide if you should apply.
- Decent welcome bonus
- Generous 0% APR offer on purchases and balance transfers
- You can earn up to 75% more rewards for your spending if you’re a Bank of America Preferred Rewards customer
- 3% foreign transaction fee
- Other cards offer better travel and purchase benefits
TO READ THE FULL STORY
Only B2BAmericanSoutheast.com members have access to curated Southeast news for technology, fintech, growth and exporting specifically for the 27 major cities in the regional states of Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee. It’s about the executives and the decisions that result in the business activities that make the American Southeast the strong economic powerhouse – even stronger. Subscribe now!