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Bank of America® Unlimited Cash Rewards Credit Card for Students review

Earn an unlimited 1.5% cash back on all purchases with this student card.

  • Get this card if you want a student card that offers solid cash back on all purchases.
  • Pick something else if you want a student card with category earning rates.
  • Apply with a good credit score of 670 or greater.
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$200

Welcome offer

Up to 1.5%

Cash back

$0

Annual fee

0%

Intro purchase APR

for the first 15 months (then 14.74% to 24.74% variable)

Details

Annual fee$0
Welcome offer$200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening
Rewards1.5% cash back on all purchases
Purchase APR0% intro for the first 15 months (then 14.74% to 24.74% variable)
Balance transfer APR0% intro for the first 15 months (then 14.74% to 24.74% variable)
Minimum Credit Score670
IssuerVisa

Review by


Steven Dashiell is Senior Writer, Personal Finance at Finder specializing in all things credit cards. With more than 300 articles under his belt, he aims to help readers embrace credit cards and maximize their rewards. Steve is studying to become a Certified Educator in Personal Finance, and is a frequent face on Finder’s YouTube channel, offering the latest in credit card hacks and advice. His expertise has been featured on numerous outlets, including U.S. News & World Report, NASDAQ, Time, CBS, Fox Business, Lifehacker, Martha Stewart Living and more.

Expert review

The Bank of America® Unlimited Cash Rewards Credit Card for Students is not just a mouthful, but also a great new addition to Bank of America’s student lineup. It earns an unlimited 1.5% back on all purchases, comes with a welcome offer of $200 after you spend at least $1,000 in your first 90 days of account opening and has a 0% intro APR on purchases and balance transfers for 15 months, reverting to 14.74% to 24.74% variable, all with no annual fee.

The Unlimited Cash Rewards for Students is a natural complement to Bank of America’s other powerhouse student card, the category cashback Customized Cash Rewards for Students. Like standard cashback cards, which one generates the most value for you will depend on your spending habits. If you find you spend more in a certain category, you might find the Customized Cash Rewards for Students the better pick. For those who like a “fire and forget” approach to earning rewards, the Unlimited Cash Rewards for Students is right up your alley.

Both the Customized Cash Rewards for Students and Unlimited Cash Rewards for Students offer the same intro APR and welcome offer as well, so you can truly pick based on your spending habits and not miss out on the additional value offered by these cards. Like the Customized Cash Rewards for Students, the Unlimited Cash Rewards for Students is an excellent choice for a student card and handily hangs with the top performers on the market.

How to apply for the Bank of America® Unlimited Cash Rewards Credit Card for Students

Apply for the Bank of America® Unlimited Cash Rewards Credit Card for Students by doing the following.

  1. Go to the provider's site and select Apply now.
  2. Select Credit cards on the main page menu.
  3. Choose More categories at the top menu bar and hit Cards for students.
  4. Scroll down to the Unlimited Cash Rewards for Students and select Apply now.
  5. Fill out the requested information and hit Submit. Info required includes your name, citizenship status, date of birth, student status and income.

Bank of America® Unlimited Cash Rewards Credit Card for Students benefits

  • Earn cash back. You’ll earn 1.5% cash back on all purchases. These rewards don’t expire and there’s no limit to the amount of cash back you can earn.
  • Welcome offer. Earn $200 cash back after you spend $1,000 in purchases within your first 90 days of account opening.
  • Intro APR on purchases and balance transfers. This card comes with a 0% intro APR on purchases and balance transfers for 15 months, reverting to 14.74% to 24.74% APR variable after. You’ll need to transfer your balance within 60 days of account opening to use this bonus on balance transfers.
  • No annual fee. You won’t pay an annual fee to use this card.

Bank of America® Unlimited Cash Rewards Credit Card for Students drawbacks

  • Late fees. Unlike some other student cards on the market, this card features standard late fees of up to $40.
  • Balance transfer fees. You’ll need to pay the greater of $10 or 3% of the transfer.

Compare student credit cards

Explore your options by minimum deposit required, purchase APR, annual fee and minimum credit score. Select the Apply now button to start your application with a particular card.

1 - 3 of 9
Name Product Filter values Minimum deposit required Purchase APR Annual fee Minimum Credit Score
Capital One SavorOne Student Cash Rewards Credit Card
N/A
15.24%, 21.24% or 25.24% variable
$0
New to credit
Limited Time Offer: Earn $100 when you spend $100 in the first three months with this student card.
Capital One Quicksilver Student Cash Rewards Credit Card
N/A
15.24%, 21.24% or 25.24% variable
$0
New to credit
Earn unlimited 1.5% cash back on every purchase, every day with this student card.
Journey Student Rewards from Capital One
N/A
26.99% variable
$0
580
A student credit card that boosts your cash back for the month when you pay on time.
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Bank of America® Unlimited Cash Rewards Credit Card for Students customer reviews and complaints

As of April 2022 the Bank of America® Unlimited Cash Rewards Credit Card for Students hasn’t garnered much in the way of customer reviews or complaints, which is befitting for a new student card. However, Bank of America is rated by the Better Business Bureau and Trustpilot, which offer ratings based on customer feedback and how effectively the provider handles customer requests and complaints.

PROVIDERBETTER BUSINESS BUREAUTRUSTPILOT
Bank of AmericaA+1.4

Bottom line

The Bank of America® Unlimited Cash Rewards Credit Card for Students is a great choice for students who want to build credit while experiencing a little of everything a solid card has to offer: cash back, the ability to save on interest and robust financial management features. It’s not the strongest rewards student card available on the market nor is it the most forgiving, but the versatility of the card is impressive for a student offering. And if this doesn’t fit the bill for your needs, compare more student cards to find one that better suits you.

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