4.2 / 5
- Welcome
- 50,000 points
- Annual fee
- $0
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Bank of America · rewards
Bank of America Unlimited Cash Rewards Credit Card
4.0 / 5
Cash back · Personal card
A flat 1.5% on everything is easy to use and the $250 bonus is solid for a no-fee card, but the 3% foreign transaction fee makes it a poor choice to carry when you travel abroad.
At a glance
- Welcome bonus
- $250 cash
- Spend $1,000 in 3 months
- Annual fee
- $0
- Purchase APR
- 17.74% to 27.74%
- Intro: 0% for 15 months
- FX fee
- 3%
- BT intro: 0% for 15 months
Editorial
Our take
A flat 1.5% on everything is easy to use and the $250 bonus is solid for a no-fee card, but the 3% foreign transaction fee makes it a poor choice to carry when you travel abroad.
Verdict
Pros & cons
Pros
- Flat 1.5% cash back on every purchase, no categories or caps
- $250 bonus after $1,000 spend in 90 days
- 0% intro APR for 15 billing cycles
- Preferred Rewards can boost earning up to 2.625%
Cons
- 3% foreign transaction fee makes it a bad choice abroad
- 1.5% is unremarkable without a Preferred Rewards boost
- No categories to overweight your biggest spending
Earnings
Earn rates
| Category | Rate | Notes |
|---|---|---|
| All other purchases | 1.5% | Preferred Rewards members can earn 25%-75% more, up to 2.625% at the Platinum Honors tier |
Benefits
Key benefits
Flat 1.5% Cash Back
Earn unlimited 1.5% cash back on every purchase, with no rotating categories to track.
0% Intro APR
Pay 0% APR on purchases and balance transfers for 15 billing cycles.
No Annual Fee
Keep the card open for free, no annual fee ever.
Preferred Rewards Boost
Bank of America Preferred Rewards members earn 25% to 75% more, pushing the rate as high as 2.625% at the Platinum Honors tier.
Fit
Who this is best for
- People who want one flat cash back rate with no categories to track
- Bank of America Preferred Rewards members chasing a boosted rate
- Anyone who wants a simple 0% intro APR card
FAQ
Frequently asked questions
What is the BofA Unlimited Cash Rewards welcome bonus?
Earn a $250 online cash rewards bonus after spending $1,000 in purchases in the first 90 days of account opening.
Does the BofA Unlimited Cash Rewards charge an annual fee?
No. The BofA Unlimited Cash Rewards has a $0 annual fee.
Does the BofA Unlimited Cash Rewards have a foreign transaction fee?
Yes. The BofA Unlimited Cash Rewards charges a 3% foreign transaction fee on purchases made outside the US.
Does the BofA Unlimited Cash Rewards offer a 0% intro APR?
Yes. The card offers an intro APR of 0% for 15 months on purchases. The ongoing purchase APR is 17.74% to 27.74% variable.
Who is the BofA Unlimited Cash Rewards best for?
People who want one flat cash back rate with no categories to track. Bank of America Preferred Rewards members chasing a boosted rate. Anyone who wants a simple 0% intro APR card.
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Apply
Bank of America Unlimited Cash Rewards Credit Card
Spend $1,000 in 3 months
Rates accurate as of October 6, 2026. Issuer terms.