BANK OF AMERICA CREDIT CARDS

1. What Bank of America credit cards actually cover — categories and flagship products

The issuer’s lineup includes flat-rate cash-back cards like the Unlimited Cash Rewards, category-focused cards such as Customized Cash Rewards, travel-oriented cards including the Travel Rewards and Premium Rewards products, secured options for rebuilding credit, and cobranded Mastercards such as airline cards — each targeting different spending habits and goals ^{[4] [2] [3] [7]}. Card details and product pages are hosted on Bank of America’s site where consumers can compare features directly, but third‑party reviews collate market context and competitor comparisons ^{[1] [6]}.

2. The reward structures and welcome bonuses that matter

Several Bank of America cards offer upfront cash or points bonuses — for example, a $200 cash-rewards bonus after $1,000 in 90 days on some cash cards and larger point bonuses on Premium Rewards when meeting higher spend thresholds — while travel and category multipliers (like 2x points on travel/dining for Premium Rewards) create differentiated value for targeted spenders ^{[2] [8] [4]}. Industry reviewers flag that some promo caps (e.g., bonus limits or spending caps) and the relative competitiveness of bonuses should be compared to rival issuers, since rival cards sometimes provide higher top-end bonuses or more flexible transfer partners ^{[2] [4]}.

3. Who tends to get approved and who benefits most

Most reviewers note Bank of America’s cards generally favor applicants with good to excellent credit — typically a FICO score around 670 or higher, with the best offers often going to those with scores above 750 — and the suite is especially lucrative for customers who already bank with BoA or qualify for Preferred Rewards tiers ^{[6] [8] [5]}. Secured and student versions exist for those rebuilding or establishing credit, but student cards may still require a preexisting credit history, according to industry write-ups ^{[3] [2]}.

4. Preferred Rewards: the multiplier that changes the math

Bank of America’s Preferred Rewards program can boost card earnings by 25%–75% depending on tier, and the bank markets average member uplift claims (for example, an average member increase of benefits of about $500/year), which can turn a mid-tier card into strong value for existing customers who meet account balance and relationship requirements ^[5]. Third‑party reviewers and points analysts repeatedly emphasize that Preferred Rewards materially shifts the calculus, making Premium Rewards and similar cards significantly more valuable to enrolled members ^{[4] [8]}.

5. Costs, restrictions, and editorial caveats to weigh

APR ranges, annual fees (the Premium Rewards carries a $95 fee), limited travel transfer partners, caps on bonus categories, and variable promotional APR periods are recurring limitations called out across reviews; for instance, some balance-transfer or intro APR offers vary by card and can revert to double‑digit variable APRs afterward ^{[8] [9] [10]}. Consumers should also note that many online reviews and comparison sites disclose referral fees or advertising relationships that may influence product placement and presentation, so independent verification on Bank of America’s own terms page is essential ^{[11] [6] [12]}.

6. Bottom line — when a Bank of America card makes sense

Bank of America credit cards make the most sense for customers who either already bank with BoA and can access Preferred Rewards or who match a card’s bonus categories to their real spending patterns; the issuer offers competitive no‑fee travel and cash options plus premium cards that reward frequent travelers, but applicants should compare bonuses, APRs, and partner flexibility against rivals and verify current terms directly with the issuer because third‑party reviews may include affiliate incentives ^{[5] [4] [11]}.