Bank of America Customized Cash Rewards Review 2026
$200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
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Your card estimate
Net first-year value
First year
+$500
Base rewards + bonus - fee - interest drag
Ongoing year
+$300
Excludes one-time welcome offer
This card’s headline rate applies to bonus categories, not all spend. The figures above use a conservative $300 base; maxing the bonus categories could earn up to $900 in rewards.
SwitchWize take
Cash-back optimizer
Bonus value
$200
Everyday rewards
3% cash back
Up to 6% in some categories
Annual fee
$0
APR
17.49%-27.49%
Quick summary
What this card is, in plain words
Customized Cash Rewards has no annual fee. It earns 1% cash back on everything else, and more on 4 categories (the highest is 6% cash back on category of your choice).
What to consider
- The 6% cash back rate on category of your choice stops after the cap. Up to $2,500 in purchases per quarter.
- The 2% cash back rate on grocery stores and wholesale clubs stops after the cap. Up to $2,500 in purchases per quarter.
Pros & cons
- No annual fee
- Strong rewards rate (3%)
- Sign-up bonus worth $200
No material drawbacks found in the data we track.
Derived from the current rate, fees, and terms we track for this product. Confirm the latest details on the provider’s site.
Card truth label
Terms that decide whether this card fits
Fees
What this card can cost you
- Annual fee
- $0
- Foreign transaction fee
- Not verified yet
- Balance transfer fee
- Intro fee for first 60 days, then 5%
- Cash advance fee
- Not verified yet
- Late payment fee
- Not verified yet
- Authorized user fee
- Not verified yet
Earning rates
What you earn, by purchase type
Category of your choice
Up to $2,500 in purchases per quarter
6% cash back
Chosen category
3% cash back
Groceries
2% cash back
Grocery stores and wholesale clubs
Up to $2,500 in purchases per quarter
2% cash back
Everything else
1% cash back
Offer history
How today's bonus compares
Welcome offer needs verification
See terms
Observed Recently
12-month best
See terms
0 tracked observations
Signal
At or near tracked best
Last history update Recently
Terms history
Has the fee or APR changed?
No change in annual fee or APR range detected since tracking began (Jun 21, 2026). Tracked since Jun 21, 2026 across 10 tracked readings — not a signal to act by any deadline, just context on whether today's terms match what was first tracked.
Best for
- People whose spending matches the rewards structure
- Applicants who can use the welcome offer responsibly
- Cardholders who pay in full
- People comparing net first-year value
Not for
- Carrying a balance long term
- Applying only for a bonus without a payoff plan
- Spending more to earn rewards
- Anyone who cannot meet issuer approval requirements
Decision checks
Apply only if these checks pass
$0 annual fee
17.49%-27.49% variable
Verify spend requirement
Bank of America terms control approval, pricing, and rewards
How you earn
Caps, exclusions, merchant coding, and redemption values can change the real return. Verify issuer terms before applying.
If you carry a balance, compare payoff cost before rewards. Interest can erase rewards quickly.
The real value depends on category rules, caps, APR behavior, and whether you carry a balance.
Comparison set
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Before you apply
Application rules and credit check
- Who can get the welcome bonus
- Not published by the issuer on its card page.
- How many cards you can open
- Not published by the issuer on its card page.
- Credit check when you apply
- Not published by the issuer on its card page.
These are the issuer’s own words. Informal rules reported by cardholders, such as "5/24", are not shown because the issuer has not published them. Checked Nov 13, 2026.
Questions
Common questions
What is the annual fee for the Customized Cash Rewards?
The Customized Cash Rewards has no annual fee, according to Bank of America's page checked Oct 29, 2026.
How do I earn rewards with the Customized Cash Rewards?
6% cash back on category of your choice; 3% cash back on chosen category; 2% cash back on groceries; 2% cash back on grocery stores and wholesale clubs; 1% cash back on everything else.
Sources
Where these figures come from
Fees and APR, Earning rates
https://www.bankofamerica.com/credit-cards/products/cash-back-credit-card/ · checked Oct 29, 2026
Earning rates
https://www.bankofamerica.com/credit-cards/ · checked Jun 21, 2026
We could not verify the foreign transaction fee, cash advance fee, late payment fee, authorized user fee for this card yet, so we do not show a figure.
Bottom line
Is Customized Cash Rewards worth it?
$200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
Worth it if: People whose spending matches the rewards structure
Skip it if: Carrying a balance long term