Award System

Cash in Cents

Cash in Cents »

Bank

Bank Of America

Bank Details »

Reconsideration Phone
800.732.9194

Breaking Points

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
Card Type: Personal, Cash

Spend Categories

All Other - »

1X points
1¢ Per Dollar Spent

Software and Hardware - »

3X points
3¢ Per Dollar Spent

Entertainment and Streaming - »

3X points
3¢ Per Dollar Spent

Gas Stations = »

3X points
3¢ Per Dollar Spent

Grocery Stores = »

2X points
2¢ Per Dollar Spent

Restaurants = »

3X points
3¢ Per Dollar Spent

Cell Phone Carriers - »

3X points
3¢ Per Dollar Spent

Wholesale Clubs - »

2X points
2¢ Per Dollar Spent

Drug Stores = »

3X points
3¢ Per Dollar Spent

Internet and Cable - »

3X points
3¢ Per Dollar Spent

Card Benefits

Point Transfer Options

Transfer To Spouse/Partner Yes

Transfer To Friends Yes

Travel Partner Transfers

Outside Point System Cash in Cents

Transfers In From
Point Transfer Options
Amex Member Rewards

1:1 71% value retained

Point Transfer Options
Barclay Miles

1:1 100% value retained

Point Transfer Options
Capital One Miles

1:1 91% value retained

Point Transfer Options
Chase Ultimate Rewards

1:1 63% value retained

Point Transfer Options
US Bank Flex Perks

1:1 91% value retained

Point Transfer Options
Wells Fargo Go Far Rewards

1:1 71% value retained

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

Breaking Points

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