Bank of America Unlimited Cash Rewards
Apply now Award System
Bank
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 | unlimited 1.5% cash back on all purchases | No 5/24 |
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
1:1 71% value retained
1:1 100% value retained
1:1 91% value retained
1:1 63% value retained
1:1 91% value retained
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 Unlimited Cash Rewards Fits In This Point Ecosystem
Personal Experience
Application Rules
Card approval not subject to 5-personal-cards-in-24-months rule
