Bank of America® Cash Rewards Credit Card
The Bank of America® Cash Rewards Credit Card (Review) is one of the most flexible cash back cards around, with a 3% bonus category you can change every month. Dining is one of your choices, along with quite a few other useful options, and you’ll always get grocery stores for one of your smaller categories.
pros and cons
No annual fee
$200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening
NEW OFFER: Maximize your cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement /furnishings
Now earn 3% cash back in your choice category and 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases), and unlimited 1% on all other purchases
You can update your choice category for future purchases once each calendar month using the Mobile Banking app or Online Banking, or do nothing and it stays the same
No expiration on rewards
0% Introductory APR for 12 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends, 16.24% – 26.24% Variable APR will apply. A 3% fee (min $10) applies to balance transfers
If you’re a Preferred Rewards member, you can earn 25% – 75% more cash back on every purchase
Cost
Annual Fee
$0
Purchase APR
3%
Foreign Transaction Fee
Cash Back
2%
Credit Score
Good
No Annual Fee Credit Cards For Bad Credit
Secured cards are designed for people with bad, limited, or no credit, so they usually come with pretty unfavorable terms. But the Discover it Secured is different, and even provides a decent rewards program. Not only that, your cash back is doubled for the first year! That’s even better than some reward credit cards.
Food (Restaurants and Groceries)
The Bank of America® Cash Rewards Credit Card (Review) is one of the most flexible cash back cards around, with a 3% bonus category you can change every month. Dining is one of your choices, along with quite a few other useful options, and you’ll always get grocery stores for one of your smaller categories.
No Annual Fee Credit Cards For Flat-Rate Rewards
Paying an annual fee on a credit card can be worth it if it gets you substantially higher rewards. But in many cases, credit cards that don’t charge annual fees offer better long-term value than those that do. No-annual-fee credit cards make it easy to come out ahead, regardless of your spending. Plus, you’ll be able to keep your card open for a long time at no cost, increasing the average age of your accounts, which has a positive effect on your credit score.
No Annual Fee Credit Cards For Long 0% Balance Transfer APR
If you need a card with a long 0% intro APR for purchases, it will be hard to beat the U.S. Bank Visa® Platinum Card.
No Annual Fee Credit Cards For Long 0% Purchase APR
If you need a card with a long 0% intro APR for purchases, it will be hard to beat thses cards.
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