Bank of America · Visa · personal · Cash back
Review the linked sources below for offer details and eligibility.
Earning
| Groceries (supermarkets)
Issuer: 'grocery stores and wholesale clubs'. Shares the $2,500/quarter combined cap with the 3% choice category; 1% after the cap.
up to $2,500/quarter, then 1%
|
2% | 2% |
| Wholesale clubs
Issuer: 'grocery stores and wholesale clubs'. Shares the $2,500/quarter combined cap with the 3% choice category; 1% after the cap.
up to $2,500/quarter, then 1%
|
2% | 2% |
| Everything else | 1% | 1% |
| Choose 1: Gas stations, EV charging, Online retail (general), Streaming services, Phone, internet, cable, Dining & restaurants, Travel (general), Drugstores & pharmacies, Home improvement, Furniture & home furnishings
up to $2,500/quarter
3% in one category of your choice (gas & EV charging; online shopping incl. cable, streaming, internet and phone plans; dining; travel; drug stores/pharmacies; home improvement & furnishings) on the first $2,500 in combined choice-category + grocery/wholesale purchases each quarter, then 1%. Change category once per calendar month. PROMO for new cardholders (offer live since 2025-06-01, still running 2026-09): 6% in the choice category for the first year, then 3%; BofA Rewards tier bonuses are not applied to the extra first-year 3%. |
3% |
Right column: value per $ at travel valuation (1¢/pt). Dollar-for-dollar.
Credits
None.
Benefits
- BofA Rewards (formerly Preferred Rewards) bonus: +10% Member (no minimum) / +25% Preferred Plus ($30k) / +50% Preferred Honors ($100k) / +75% Premier ($1M) combined BofA+Merrill balances — set your tier in Settings — Tiers restructured 2026-05-27; existing members keep prior benefits for at least six months. Bonus does not apply to the first-year 6% promo portion.
- 0% intro APR for 15 billing cycles on purchases and on balance transfers made within 60 days (3% intro BT fee, then 5%)
- No annual fee
Protections
| rental car | secondary |
Notes
BofA Rewards / Preferred Rewards tiers were restructured effective 2026-05-27 (Member +10%, Preferred Plus $30k +25%, Preferred Honors $100k +50%, Premier $1M +75%); the top 75% boost now needs $1M (was $100k). Set your tier in Settings. New-cardholder promo: 6% in the choice category for the first year (then 3%). 3% foreign transaction fee. Web-verified 2026-09-08 against https://www.bankofamerica.com/credit-cards/ (issuer hub; product page /credit-cards/products/cash-back-credit-card/ was returning 'temporarily unavailable') and https://info.bankofamerica.com/en/rewards/bofa-rewards (tiers), plus Bankrate review (updated 2026-08-03) and Doctor of Credit (2026-08-25).
Verified 2026-09-08 · confidence high · sources: 1, 2, 3, 4, 5, 6