Chase Freedom vs Bankamericard Cash Rewards | finder.com

Chase Freedom® vs Bank of America® Cash Rewards credit card

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Our pick for cashback categories

Chase Freedom®

  • 0% intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.99% to 25.74%. Balance transfer fee is 3% of the amount transferred, $5 minimum
  • Earn a $150 bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
  • Enjoy new 5% categories each quarter
  • Unlimited 1% cash back on all other purchases - it's automatic
  • Cash back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back
  • Free credit score, updated weekly with Credit Journey℠
  • No annual fee
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Promoted

Chase Freedom®

Chase Freedom®

Bank of America® Cash Rewards credit card

Bank of America® Cash Rewards credit card

finder.com's rating
finder.com's rating

★★★★★

4.4 / 5.0
Not rated yet
Best for
Best for
  • Long intro APR period and cash back in rotating categories
N/A
Welcome offer
Welcome offer Earn $150 cash back after spending $500 on purchases in the first 3 months from account opening Online $200 cash rewards bonus after making at least $500 in purchases in the first 90 days of your account opening.
Rewards
Rewards

Earn 5% cash back in quarterly rotating categories on up to $1,500 in combined purchases for each quarter you activate, then 1%. Earn 1% cash back on all other purchases.

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.

Purchase APR (annual percentage rate)
Purchase APR (annual percentage rate)

0% intro APR for 15 months, and then variable

0% intro APR for 12 statement closing dates, and then variable

Annual fee
Annual fee $0 $0
Cash advance
Cash advance

APR: 27.24% variable

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

APR: 18.49% to 27.49% variable

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

Late payment fee
Late payment fee $38 $38
Additional cardholder fee
Additional cardholder fee $0 $0
Interest-free period
Interest-free period 21 days 25 days
Minimum interest
Minimum interest $0 $1.50
Minimum credit score
Minimum credit score 670 720
Card type
Card type Credit Credit
Rates and Fees
Rates and Fees Rates & Fees Rates & Fees
Learn more
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Which card should you choose?

Chase Freedom®

Chase Freedom®

  • $150 signup bonus
  • Up to 5% cash back on rotating categories
  • Intro APR on purchases and balance transfers

Bank of America® Cash Rewards credit card

Bank of America® Cash Rewards credit card

  • $0 annual fee
  • Earn up to 3% cash back on purchases
  • Intro APR on purchases and balance transfers for the first 12 statement closing dates

Compare cash back credit cards

Name Product Filter values Annual Fee APR for Purchases (Purchase Rate) Intro APR for Balance Transfer
$0
17.24% to 25.99% variable
0% for the first 15 months (then 17.24% to 25.99% variable)
0% intro APR for 15 months from account opening on purchases and balance transfers.
$0
17.24% to 25.99% variable
0% for the first 15 months (then 17.24% to 25.99% variable)
0% intro APR for 15 months from account opening on purchases and balance transfers.
$95
15.24% to 26.24% variable
0% for the first 12 months (then 15.24% to 26.24% variable)
Earn $200 bonus cash back after you spend $1,000 on purchases in the first 3 months. Rates & Fees
$0
15.24% to 26.24% variable
0% for the first 15 months (then 15.24% to 26.24% variable)
Earn a $150 bonus statement credit after you spend $1,000 on purchases in the first 3 months. Rates & Fees
$0
15.24% to 26.24% variable
0% for the first 15 months (then 15.24% to 26.24% variable)
Earn a $150 statement credit after you spend $1,000 or more in purchases with your new card within the first 3 months of card membership. Rates & Fees
$0
15.24%, 19.24% or 25.24% variable
0% for the first 15 months (then 15.24%, 19.24% or 25.24% variable)
Earn unlimited 1.5% cash rewards on purchases. See Rates and Fees.
$0 to $99
19.99% to 25.99% variable

N/A

Get 1% cash back rewards on eligible purchases.

Compare up to 4 providers

Compare more Chase credit cards

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