COMPARE YOUR OPTIONS
A closer look, side by side.
Fees, rewards, and benefits — with room to see the differences.
|
Bank of America
Customized Cash Rewards
VISA
Bank of America remove | |
|---|---|
| Annual fee | $0 |
| Foreign txn fee | 3% |
| Rewards | Cash back |
| Credits (realistic / face) | $0 / $0 |
| Earning by category | |
| Everything else | 1% 1% |
| Groceries (supermarkets) | 2% 2% |
| Online grocery / delivery | 2% 2% |
| Wholesale clubs | 2% 2% |
| Whole Foods Market | 2% 2% |
| Gas stations | 3% 3% |
| Protections | |
| rental car | secondary |
| cell phone | — |
| purchase protection | — |
| extended warranty | — |
| trip cancellation | — |
| trip delay | — |
| baggage delay | — |
| return protection | — |
| Benefits | |
| Other | ✓ 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 |
| Intro 0% APR | ✓ 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 | ✓ No annual fee |