80,000 Points
Worth $1,200
After you spend $5,000 on purchases on your new card in your first 3 months of card membership.
- 4.5%Alaska Air
- 4.5%Hawaiian Air
- 3%EV Charging
Annual Fee
$95
Rec. Credit
Excellent
Bank of America
Bank of America® Unlimited Cash Rewards
The Bank of America Unlimited Cash Rewards card is built for everyday spenders who prefer a straightforward cash-back strategy with no annual fee. It offers the most value to existing Bank of America clients who can unlock higher earning tiers through the Preferred Rewards program.
Welcome Offer
$250
Annual Fee
$0
Rec. Credit Score
Good
Good For
Flat-rate cash back
All information about Bank of America® Unlimited Cash Rewards has been collected independently by MaxRewards. Bank of America® Unlimited Cash Rewards is no longer available through MaxRewards.
Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.
Overview
Is the Bank of America® Unlimited Cash Rewards worth it?
This card is great for...
Everyday flat-rate earnings
Bank of America Preferred Rewards members
No-annual-fee spending
For cardholders who want simple rewards without tracking rotating categories or paying an annual fee, this card provides reliable everyday value. Its streamlined structure makes it an easy fit for general purchases that do not fall into standard bonus categories like dining or groceries.
The math becomes especially compelling if you hold existing deposit or investment balances with Bank of America or Merrill. Through the Preferred Rewards program, eligible members can boost their cash-back earnings by 25% to 75%, turning a standard flat-rate option into a top-tier cash earner.
MaxRewards Verdict
This card delivers strong value for Bank of America Preferred Rewards members seeking an effortless flat-rate card, though everyday spenders without qualifying deposit balances may find comparable options elsewhere.
Welcome Offer
$250
after you spend $1,000 on purchases on your new card in your first 3 months of card membership.
Est. Value
$250
Required Spend
$1,000
Time Frame
3 Months
Est. Value
$250
Required Spend
$1,000
Time Frame
3 Months
Eligibility
Recommended Minimum Credit
Min: Good
Poor
Fair
Good
Excellent
Good credit or higher is recommended for this card.
Credit approval is not guaranteed. Meeting the recommended credit range does not ensure approval, and applicants with lower scores may still be considered.
Pricing
Rates & Fees
Annual Fee
$0
Purchase APR
17.49% - 27.49%
Variable
Transfer APR
17.49% - 27.49%
Variable
Cash Advance APR
29.24%
Variable
Foreign Transaction Fee
$0.03
Balance Transfer
$0.05
Cash Advance
$5
Late Payment
$41
Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.
Other cards from Bank of America
See all 42 cards
70,000 Points
Worth $1,050
After you spend $3,000 on purchases on your new card in your first 3 months of card membership.
- 4.5%Alaska Air
- 4.5%Dining
- 4.5%Hawaiian Air
Annual Fee
$395
Rec. Credit
Good
95,000 Points
Worth $950
After you spend $1,000 on purchases on your new card in your first 3 months of card membership.
- 3%Sonesta
- 2%Airline
- 2%Dining
Annual Fee
$75
Rec. Credit
Good