Learn How to Apply for the BoA Unlimited Cash Rewards Card
The BoA Unlimited, true to its name, emphasizes rewards that remain beneficial and do not expire for the entire duration of the card; discover the application process.
Essential Insights Before You Apply for the BoA Unlimited Cash Rewards Card
The Bank of America Unlimited Cash Rewards card, in partnership with Visa Signature, offers a generous 1.5% cash back on all purchases, with added benefits for those in the Preferred Rewards program.
CREDIT CARD
BoA Unlimited Cash Reward
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The Preferred program comes with a host of unique benefits.
In the credit card landscape, you can boost your rewards rate to between 1.87% and 2.62% for each purchase, offering a notable advantage for your financial health.
To be eligible for this program, applicants must have an active and qualifying Bank of America account.
Additionally, it is required to keep an average combined balance of $20,000 over 3 months, which can include deposits and Merrill investment accounts.
The Bank of America card has no annual fee and provides a 15-month introductory APR period for both balance transfers and purchases.
After this period, interest rates vary from 18.24% to 28.24%. For balance transfers, the fee starts at 3% and then rises to 4%.
The card also offers a $200 sign-up bonus for new users who spend at least $1,000 in the first three months.
You can redeem your rewards with no expiration through various options like statement credits, transfers to your Bank of America account, or purchases on Amazon.com and PayPal.
If you’re curious to learn more, just keep reading.
Who is Eligible to Apply?
Initially, you don’t need to be an existing Bank of America customer to apply for this card. Once you receive the BoA Unlimited, a card account will automatically be set up for you.
Eligibility criteria for the BoA Unlimited include being at least 18 years old, or up to 21 in states like Puerto Rico.
The card’s features are available in all 50 states within the U.S. To be eligible, you should be a U.S. citizen or a foreign national with a valid passport and work visa.
Moreover, your credit history should show a good to excellent rating, typically between 670 and 700 FICO points.
You will also need to provide official income documentation for the approval of the card.
Keep in mind, however, that fulfilling these requirements does not assure approval, as each application is evaluated based on Bank of America’s policies and availability.
How to Apply for the BoA Unlimited Cash Rewards Card?
The Bank of America website features an “Apply Now” button that guides prospective customers to the application form.
Upon accessing the application, you’ll need to fill in essential information like your first name, last name, address, phone number, and email.
If you’re already a Bank of America customer, logging in can speed up the process. After that, you’ll provide banking details such as your Social Security number, housing type, monthly expenses, and income.
These are generally the main details that the bank requests, after which they will perform a comprehensive credit evaluation.
Throughout the application, you may need to provide documentation such as proof of address, a copy of your driver’s license or passport, and recent bank statements to confirm your income.
If you have any questions or run into issues, feel free to contact the bank via online chat or other customer support options, including the provided phone number.
CREDIT CARD
BoA Unlimited Cash Reward
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Additional Information
The card is very versatile and doesn’t even necessitate a physical card, as smartphone digital wallets can be used. Regarding security, BoA provides:
- Fraud prevention lock
- $0 liability for fraudulent charges
- Balance Connect for overdraft protection
- Full card control via mobile banking
- General account notifications
- FICO score tracking
In addition to earning rewards, this is an excellent choice for managing your finances.
Interested in exploring more options?
The Capital One SavorOne is also reward-focused, granting 1% on all eligible purchases and up to 3% in select categories.
Moreover, this option provides solid security and convenience features, and you can discover how to apply.
