Best Bank of America cashback credit cards | finder.com
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Compare Bank of America cashback credit cards

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Earn cash back and support a cause, show your US pride or flaunt your favorite baseball team.

Bank of America offers five cashback credit cards that all offer the same cashback rate on gas, groceries and at wholesale clubs. It also offers signup bonuses and intro APR period on balance transfers and purchases on all cards.

Depending on the card you pick, you can support a worthy cause, show your patriotism or your love for one of the Major League Baseball teams.

Bank of America cashback credit cards

Name Product Filter values Rewards Purchase APR Annual Fee
Earn 3% cash back on gas and 2% at grocery stores and wholesale clubs for the first $2,500 in combined purchases each quarter, then 1%. All other purchases earn you 1% cash back.
16.24% to 26.24% variable
$0
Earn more cash back for the things you buy most.
3% back in the category of your choice, 2% at grocery stores and wholesale clubs and 1% on all other purchases
16.24% to 26.24% variable
$0
Earn 2% cash back at grocery stores and wholesale clubs and 3% on gas for the first $2,500 in combined purchases each quarter. After that and on everything else earn 1% cash back.
Online $150 cash rewards bonus after making at least $500 in purchases in the first 90 days of your account opening
16.24% to 26.24% variable
$0
Maximize your cash back by choosing how you earn rewards, while you help protect nature's future with $150 online cash rewards bonus offer
1% cash back on purchases, 2% at grocery stores and wholesale clubs and 3% on gas for the first $2,500 in combined purchases each quarter
16.24% to 26.24% variable
$0
1% cash back on purchases, 2% at grocery stores and wholesale clubs and 3% on gas for the first $2,500 in combined purchases each quarter.
3% back on gas, 2% at grocery stores and wholesale clubs up to $2,500 in combined purchases per quarter, then 1% after that and on all other purchases
15.49% to 25.49% variable
See terms
Earn a $200 cash rewards bonus after making at least $500 in purchases in the first 90 days of your account opening.
3% back on gas, 2% at grocery stores and wholesale clubs up to $2,500 in combined purchases per quarter, then 1% after that and on all other purchases
15.49% to 25.49% variable
See terms
Earn a $200 cash rewards bonus after making at least $500 in purchases in the first 90 days of your account opening.

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Bank of America cashback cards perks

  • Cash back. Earn accelerated cash back on gas and at grocery stores and wholesale clubs.
  • Signup bonus. Bank of America cashback cards tend to have easy-to-earn signup bonuses.
  • Intro APR period. Enjoy an intro APR period on purchases and balance transfers.
  • Cashback bonus. Redeem your cash back into a Bank of America checking or savings account and get a 10% bonus. Also, if you’re a Bank of America Preferred Rewards client, you could see a bonus of 25% and 75%.
  • No annual fee. There’s no annual fee for these cards.

What to watch out for

  • Foreign transaction fee. All purchases made outside the US have a foreign transaction fee with these cards. If you’re not careful, these fees can quickly add up during a trip.
  • Penalty APR. One late payment is enough to saddle you with a penalty APR, which lasts indefinitely.
  • Balance transfer limits. You only get the intro APR period for balance transfers made within a specific time.

Consider a cashback card from another brand

Blue Cash Everyday® Card from American Express

  • Earn a $150 statement credit after you spend $1,000 in purchases on your new card within the first 3 months.
  • 3% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%).
  • 2% cash back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases.
  • Low intro APR: 0% for 15 months on purchases and balance transfers, then a variable rate, currently 15.24% to 26.24%.
  • You spoke, we listened. Over 1.6 million more places in the U.S. started accepting American Express® Cards in 2018.
  • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • No annual fee.
  • Terms apply.
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Compare cashback credit cards

Name Product Filter values Rewards Purchase APR Annual Fee
3% cash back on all purchases in your first year up to $20,000 spent, then unlimited 1.5% cash back on all purchases
17.24% to 25.99% variable
$0
Earn 3% cash back on all purchases in your first year up to $20,000 spent. After that earn unlimited 1.5% cash back on all purchases.
5% back in rotating categories up to $1,500 combined each activated quarter, then 1% after that and on all other purchases
17.24% to 25.99% variable
$0
0% intro APR for 15 months from account opening on purchases and balance transfers.
5% on up to $2,000 each activated quarter on two categories combined (1% after), 2% on one everyday category and 1% on all other purchases
16.24% to 25.74% variable
$0
When you spend $500 on your card within the first 90 days, you’ll receive a $150 cash back bonus.
3% at US supermarkets on up to $6,000 per year, then 1%. 2% at US gas stations and select US department stores and 1% on all other purchases
15.24% to 26.24% variable
$0
Earn a $150 bonus statement credit after you spend $1,000 on purchases in the first 3 months. Rates & Fees
6% at US supermarkets on up to $6,000 per year, then 1%. 3% at US gas stations and select US department stores and 1% on all other purchases
15.24% to 26.24% variable
$95
Earn $200 bonus cash back after you spend $1,000 on purchases in the first 3 months. Rates & Fees

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How to choose a Bank of America cashback credit card

Since these cards have the same basic features and cashback rates, when choosing a card, ask yourself:

  • Do you want to support Susan G. Komen? With the Susan G. Komen® Cash Rewards Visa®, Bank of America contributes $3 and 0.08% of the amount you spend during your first 90 days of card membership to the Susan G. Komen foundation. Plus, an additional $3 when you renew your card.
  • Do you want to help the World Wildlife Fund? The World Wildlife Fund Credit Card donates $3 to the Fund on each card anniversary and 0.08% of all net retail purchases you make with the card.
  • Do you want to have your favorite baseball team on your card? You can choose a card design with the logo of any of the Major League Baseball’s 30 teams with the MLB® Credit Card.
  • Do you want to show your American pride? Show your patriotism with the U.S. Pride® BankAmericard Cash Rewards™ Visa® Card and its imagery of a bald eagle and a US flag.

Bottom line

Bank of America cashback credit cards are a solid option if you spend around $850 per month on gas, groceries and at wholesale clubs. Spending as much earns the highest amount of cash back. You also get a solid signup bonus and a long intro APR period on balance transfers and purchases.

But, if you’re not certain whether any of these cards would be a great option for you, compare other cashback credit cards until you find the best card.

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