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Bank of America® Customized Cash Rewards vs Citi Simplicity® Card

One is a rewards credit card, but has more fees.

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Megan Horner
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Please note: Citi is an advertising partner of finder.com

These two cards are different in many aspects. For example, the Bank of America® Customized Cash Rewards comes with accelerated cash back on a category you choose, at grocery stores and wholesale clubs, and it comes with a solid welcome offer. The Citi Simplicity® Card, on the other hand, has no rewards program, no welcome offer, but it has no late payment fees. It also comes with longer intro APR periods on balance transfers and purchases. Both cards have a $0 annual fee.

All other differences between these cards are outlined in the table below.

Bank of America® Customized Cash Rewards

Bank of America® Customized Cash Rewards

Terms apply, see rates & fees

Citi Simplicity® Card

Citi Simplicity® Card

Terms apply, see rates & fees
Finder rating
Finder rating

★★★★★

4.6 / 5.0

★★★★★

4.4 / 5.0
Best for
Best for
  • Best for flexibility of cashback categories
  • Long intro APR periods and few fees
Welcome offer
Welcome offer

$200 after spending $1,000 in the first 90 days

N/A
Rewards
Rewards

3% cash back on a chosen category and 2% at grocery stores and wholesale clubs for the first $2,500 each quarter combined, then 1% after that and on everything else

N/A
Purchase APR
Purchase APR

0% intro APR for 15 billing cycles, and then 13.99% to 23.99% variable

0% intro APR for 12 months, and then 14.74% to 24.74% variable

Annual fee
Annual fee $0 $0
Balance transfer APR
Balance transfer APR

0% intro APR for 15 statement closing dates, then 13.99% to 23.99% variable

0% intro APR for 21 months, then 14.74% to 24.74% variable
Cash advance
Cash advance

APR: 16.99% to 26.99% variable

Fee: $10 or 5% of the transaction, whichever is greater

APR: 25.24% variable

Fee: $10 or 5% of the transaction, whichever is greater
Foreign transaction fee
Foreign transaction fee 3% of each transaction 3% of each transaction
Late payment fee
Late payment fee Up to $40 $0
Additional cardholder fee
Additional cardholder fee $0 $0
Interest-free period
Interest-free period 25 days 23 days
Minimum interest
Minimum interest $1.50 $0.50
Minimum credit score
Minimum credit score 670 670
Card type
Card type Credit Credit
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Compare Bank of America® Customized Cash Rewards vs. Citi Simplicity® Card

Data updated regularly
Name Product Welcome Offer Rewards Annual fee Filter values
Bank of America® Customized Cash Rewards
Bank of America® Customized Cash Rewards
$200 after spending $1,000 in the first 90 days
3% cash back on a chosen category and 2% at grocery stores and wholesale clubs for the first $2,500 each quarter combined, then 1% after that and on everything else
$0
Earn $200 after spending $1,000 in the first 90 days form account opening.
View details
Citi Simplicity® Card
Citi Simplicity® Card
N/A
N/A
$0
With an intro APR of 21 months, this card has one of the longest balance transfer offers on the market. Plus, no late fees and no annual fee.
View details
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