Bonus Points | Minimum Spend | Point Value | Annual Value | Annual Fee | 1st Year Value |
---|---|---|---|---|---|
20,000 | $1,000 | 1.0 ¢ | $0 | $0 | $210 |
Best Value | Differentiating Perks | Rules |
---|---|---|
Cash Back | 3% cash back in the category of your choice | No 5/24 |
Spend Categories
1X points
1¢ Per Dollar Spent
3X points
3¢ Per Dollar Spent
3X points
3¢ Per Dollar Spent
3X points
3¢ Per Dollar Spent
2X points
2¢ Per Dollar Spent
3X points
3¢ Per Dollar Spent
3X points
3¢ Per Dollar Spent
2X points
2¢ Per Dollar Spent
3X points
3¢ Per Dollar Spent
3X points
3¢ Per Dollar Spent
Card Benefits
Bottom Line
Why You Might Want This Card
Exceptions To The Rule
About Cash in Cents
Most points have a 1 cent redemption value. Plus any 1X of 1.5X cash-back on spends are in cents, not dollars. So that we are comparing Apples to Apples, in terms of cash back vs. points, we use cents rather than dollars in representing cash bonuses.
Where Bank of America Customized Cash Rewards Fits In This Point Ecosystem
Personal Experience
Application Rules
Card approval not subject to 5-personal-cards-in-24-months rule