Best Bank of America Credit Cards

Some offers mentioned on this page may be outdated. To confirm offers and credit card details, check the issuer’s website.

---

You’ve likely heard of Bank of America before, given it is the second-largest bank in the United States and No. 6 on Forbes Magazine’s list of the largest companies in the world. Bank of America’s corporate headquarters are in Charlotte, North Carolina, and it is currently the fourth-largest credit card issuer in the US. That has a lot to do with the fact that its credit card options come with impressive benefits, including FICO score access, a mobile banking app, fraud alerts, and cash back and travel rewards.

Whether you are a long-term Bank of America customer or you are considering its credit cards for the first time, it has several options for you. It’s important to understand the benefits and drawbacks of each of these BOA cards so you can choose which makes the most sense for you.

 Wondering about the specific benefits of each of the best Bank of America credit cards? Here’s everything you need to know.

The Best BOA Credit Cards:

• Bank of America Cash Rewards Card
• Bank of America Travel Rewards Card
• Bank of America Premium Rewards Card
• BankAmericard
• MLB Credit Card from Bank of America
• World Wildlife Fund Card
• Alaska Airlines Visa

The 7 Best Bank of America Credit Cards

1. Bank of America Cash Rewards Card

If you’re looking for a card that will pay you in cold hard cash every time you use it, the Bank of America Cash Rewards Card may be a great fit for you. Its rewards program offers 1% cash back on all purchases, with an extra 2% cash back at grocery stores and wholesale clubs and 3% cash back on a category of your choice, up to a quarterly maximum of $2,500.

Card Highlights

As a cash back credit card, the Bank of America Cash Rewards Card offers several advantages in addition to its bonus category rewards and 1% back on all other purchases. New cardmembers are eligible for a $150 cash rewards bonus when $500 is spent in the first 90 days after establishing an account. There is also an opportunity for an additional 25% to 75% rewards bonus on each purchase for Preferred Clients.

Rates & Fees

• Annual fee: $0
• APR: 0% on both purchases and balance transfers for the first 12 months; variable APR from 16.24% to 26.24% after that
• Balance Transfer Fee: 3%
• Cash Advance Fee: $10 or 3%, whichever is greater
  
• Foreign Transaction Fee: 3%
  
• Late Payment Fee: $39
  
• Benefits: 3% cash back rewards in category of choice, 2% cash back at grocery stores and wholesale clubs, and 1% on all other purchases

The Verdict

The Bank of America Cash Rewards credit card is a sound choice for those who want some control over the bonus category options available each quarter. The quarterly maximum is higher than most comparable bonus category credit cards, and the additional 2% on grocery stores and wholesale clubs with 1% on every other purchase makes this a strong contender for a top cash rewards credit card.

2. Bank of America Travel Rewards Card

If you like to travel to exotic locations and want your credit card purchases to aid in that endeavor, the Bank of America Travel Rewards Card might be a good fit. The card provides an unlimited 1.5 miles for every dollar spent, which can be redeemed for statement credits toward travel purchases. This means you can use your rewards for plane tickets, rental cars, and hotel stays without blackout dates or restrictions. The card has no annual fee, an intro APR, and other perks specifically for Bank of America customers.

Card Highlights

The Bank of America Travel Rewards Credit Card is a travel card designed for those who love to hit the skies or the open road. The credit card offers 1.5 miles for each dollar spent without limits and without restrictions when redeeming rewards. New cardmembers also have an opportunity to earn an additional 25,000 miles when at least $1,000 in purchases is made on the card within the first 90 days of account opening.

Customers with an active Bank of America checking or savings account can earn 10% bonus rewards on each purchase. Preferred Rewards customers can increase their rewards by 25% to 75%.

Rates & Fees

• Annual fee: $0
• APR: Intro APR of 0% on purchases for the first 12 months; 17.24% to 25.24% after that
• Balance transfer fee: 3%
• Cash advance fee: ​​​​$10 or 3%, whichever is greater
  
• Foreign transaction fees: None
  
• Late payment fee: $39
  
• Benefits: Unlimited 1.5 miles for every dollar spent and a 25,000 bonus reward if at least $1,000 in purchases are made within the first 90 days

The Verdict

Individuals who love to travel but do not have a preference for hotel, airline, or rental car companies can earn big with the Bank of America Travel Rewards credit card. The unlimited earning potential for miles combined with the intro APR and bonus miles for new cardmembers make this a smart choice for frequent travelers. The card is also better than some comparable travel rewards credit cards because there is no annual fee, no foreign transaction fees, and no restrictions on redeeming rewards.

3. Bank of America Premium Rewards Card

If you’re in search of even more travel rewards on your credit card purchases and a significant sign-on bonus, the Bank of America Premium Rewards Credit Card is a sound choice. This travel rewards credit card offers 2 points for every one dollar spent on travel and dining purchases, as well as 1.5 points for all other purchases. The miles do not expire, and they can be redeemed for a variety of cash back options.

Card Highlights

The Bank of America Premium Rewards Credit Card offers some of the most flexible travel rewards for cardmembers. The card earns an unlimited 2 points per dollar spent on travel and dining purchases and 1.5 points per dollar for all other purchases without limits. New cardmembers also have an opportunity to earn an additional 50,000 in rewards points after spending $3,000 in the first three months. Bank of America Preferred Rewards customers also earn 25% to 75% bonus rewards on purchases. 

Cardmembers have access to $200 in statement credits each year for travel-related purchases, including $100 TSA PreCheck or Global Entry Application fees.

Rates & Fees

• Annual fee: $95
• APR: No intro APR; variable APR of 18.24% to 25.24%
• Balance transfer fee: 3%
• Cash advance fee: $10 or 3%, whichever is greater
  
• Foreign transaction fees: None 
• Late payment fee: $39
  
• Benefits: Cardmembers earn an unlimited 2 points for every dollar spent on travel and dining and 1.5 points for every dollar spent on all other purchases. There is also a 50,000 bonus rewards incentive available to new cardmembers who spend at least $3,000 in the first 90 days.

The Verdict

The Bank of America Premium Rewards Credit Card is a great option for those who love to travel and want to earn unlimited points on all purchases made with the card. The travel rewards credit card offers more flexibility in redeeming earned points than comparable cards, making it a better value for some cardmembers. While it does have an annual fee, the statement credits, sign-up bonus, and additional bonus rewards for Preferred Rewards members make it worth the cost.

4. BankAmericard

Do you have a balance on a current credit card that you want to save interest on and pay down quickly? If so, the BankAmericard credit card may be a good fit for you. While the card does not offer any rewards or cash back, it does provide benefits that can save you money in the end. An intro APR of 0%, as well as no annual fee, make this card worth checking out.

Card Highlights

The BankAmericard is not a rewards credit card, but instead, it falls under the category of a balance transfer credit card. This is because there are no cash rewards offered, but cardmembers have access to an intro APR of 0% for the first 15 billing cycles. The intro APR is available for both purchases and balance transfers. Additionally, the credit card does not have a penalty interest rate, which can be helpful for those who are new to credit cards or trying to rebuild their credit history.

Rates & Fees

• Annual fee: $0
• APR: Intro APR of 0% on purchases and balance transfers (made within the first 60 days) for the first 15 billing cycles; variable APR of 15.24% to 25.24% after that
• Balance transfer fee: 3%
  
• Foreign transaction fee: 3%
  
• Late payment fee: $39
  
• Benefits: Access to financial resources and calculators online, mobile banking access, and free FICO credit score access

The Verdict

The BankAmericard credit card is a great option for those who are working to pay off credit card balances quickly and in a cost-effective way. The intro APR period is longer and therefore better than many other balance transfer cards. The card also has no annual fee and no penalty APR, making it a good choice for those who are trying to create a better credit history.

5. MLB Credit Card from Bank of America

Do you live, breathe, and sleep major league baseball? If so, the Bank of America MLB credit card is a great choice. It combines many of the benefits you would receive from the Bank of America Cash Rewards Card with the added benefit of supporting the team you love. Cardmembers earn bonus rewards on a category of their choice, 2% on grocery store and wholesale club purchases, and 1% on all other purchases made with the card.

Card Highlights

The MLB Card from Bank of America is a cash back rewards credit card that allows cardmembers to select a bonus category to earn 3%, with options including gas stations, online shopping, travel, drug stores, home improvement or furnishings, or dining. Cardmembers also earn 2% on grocery store and wholesale club/gas purchases and 1% on all other spending. The 3% and 2% categories have a quarterly maximum of $2,500 in combined purchases; the 1% cash back is unlimited.

Cardmembers can select a card design with their favorite MLB team, and there is a sign-up bonus of $150 cash back for those who spend at least $500 in the first 90 days after opening an account. 

Rates & Fees

• Annual fee: $0
• APR: Intro APR of 0% on purchases and balance transfers (made within the first 60 days) for the first 12 months; variable rate of 16.24% to 26.24% after that
• Balance transfer fee: 3%
  
• Foreign transaction fee: 3%
  
• Cash advance fee: $10 or 3%, whichever is greater
  
• Late payment fee: $39
  
• Benefits: Cardmembers choose a bonus category that earns 3%, 2% earned on grocery stores and wholesale clubs, and 1% on all other purchases. There is a $150 cash reward bonus for new cardmembers who spend $500 on the card in the first three months.

The Verdict

The MLB Card from Bank of America is a solid option for those who want to show their support for their favorite baseball team while also earning cash rewards. The bonus categories for the 2% and 3% rewards have a higher quarterly maximum than comparable bonus category cards, and cardmembers can enjoy a 0% intro APR on purchases and balance transfers for no annual fee.

6. World Wildlife Fund Credit Card

If you have a desire to help save animals while also earning cash back on your credit card purchases, the World Wildlife Fund card from Bank of America may be a great option for you. Similar to the Cash Rewards credit card, you earn 1% on all purchases, 2% on wholesale clubs and grocery stores, and 3% on a category of your choosing. New cardmembers also have an opportunity to earn a sign-up bonus of $150 cash back, and there is an intro APR available for both purchases and balance transfers.

Card Highlights

The World Wildlife Fund card is a cash back rewards credit card with bonus categories. Cardmembers choose the 3% category from online shopping, gas stations, dining, travel, drug stores, or home improvement options. Purchases made at grocery stores and wholesale clubs earn 2%, and all other purchases earn 1% cash back. The 2% and 3% categories have a quarterly maximum of $2,500 in combined purchases, while the 1% is unlimited. 

New cardmembers have the chance to earn a $150 cash back statement credit after spending at least $500 in the first 90 days. Preferred Rewards clients at Bank of America can also earn an additional 25% to 75% bonus rewards.

Rates & Fees

• Annual fee: $0
• APR: 0% intro APR for the first 12 months on purchases and balance transfers; variable rate from 16.24% to 26.24% after that
• Balance transfer fee: 3%
• Foreign transaction fee: 3%
  
• Cash advance fee: ​​​​$10 or 3%, whichever is greater
  
• Benefits: Cardmembers can select the bonus category earning 3% rewards from several options; 2% is earned on grocery stores and wholesale club purchases and 1% on all other purchases. There is also a $150 cash bonus statement credit available to new cardmembers who spend at least $500 in the first 90 days

The Verdict

The World Wildlife Fund card is a good option for those who want to earn rewards while supporting the WWF organization. A small portion of the purchases made on the card is donated to the World Wildlife Fund, as well as a minimum of $3 for each new account opened. Cardmembers enjoy bonus points higher than comparable cash back cards, and no annual fee and an intro APR make this an attractive choice.

7. Alaska Airlines Visa Signature Card

If you like to fly places that Alaska Airlines goes, including Hawaii or Alaska, the Alaska Airlines credit card from Bank of America may be a great choice for you. This credit card offers several travel perks, including a companion fare bonus, free checked bags, and three points for every dollar spent on Alaska Airlines purchases. The card also offers one point for all other purchases and has an impressive sign-up bonus for new cardmembers.

Card Highlights

The Alaska Airlines Visa credit card from Bank of America allows cardmembers to earn 3 miles per dollar when making purchases directly with Alaska Airlines. All other purchases earn 1 mile per dollar without limits. Cardmembers also have the option to buy one ticket and get one for only taxes and fees after making at least $1,000 in purchases within the first three months. A sign-up bonus of 30,000 bonus miles is available in the same timeframe with the same spending requirement. The credit card also offers a companion fare each year, starting as low as $121, and free checked bags on Alaska Airlines flights. There are no caps on the miles you can earn.

Rates & Fees

• Annual fee: $75
• APR: No intro APR; variable rate of 17.24% to 25.24%
• Balance transfer fee: 3%
• Foreign transaction fee: None
  
• Cash advance fee: $10 or 3%, whichever is greater
• Late payment fee: $39
• Benefits: Cardmembers earn 3 miles for every dollar spent on Alaska Airlines purchases and 1 mile per dollar on all other purchases.

The Verdict

The Alaska Airlines Visa credit card from Bank of America is a smart choice for frequent flyers who prefer to travel with the airline. The 3 miles per dollar spent is standard with most airline-specific credit cards, but the unlimited earning potential and 1 mile per dollar for other purchases may make this better than comparable cards. Although there is no intro APR, the hefty sign-up bonus makes this a great option for new cardmembers.

Which Bank of America Card is Right for You?

Which card will be right for you will depend on your personal financial situation and needs. If you carry debt on your card and are looking to pay it off then you’ll benefit from a card that offers a 0% introductory rate on balance transfers and regular purchases. If you are looking to earn great rewards, you’ll want to check out the cash back and travel cards and figure out which will give you the best benefits for your lifestyle.