Discover the Process for Applying to the BoA Unlimited Cash Rewards Card
Key Points to Review Before Applying for the BoA Unlimited Cash Rewards Card
The Bank of America Unlimited Cash Rewards card, in collaboration with Visa Signature, provides a fantastic 1.5% cashback on every purchase, along with potential perks for Preferred Rewards members.
CREDIT CARD
BoA Unlimited Cash Reward
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Explore a range of special perks with the Preferred program.
Credit cards can boost your reward rate per purchase, potentially reaching between 1.87% and 2.62%. This can significantly impact your finances.
To qualify for this program, you need an active account with Bank of America.
Additionally, you must maintain an average balance of $20,000 over three months, which includes both deposit and Merrill investment accounts.
No annual fee comes with the Bank of America card, which also features a 15-month introductory APR for balance transfers and purchases.
After this introductory period, APR rates can vary from 18.24% to 28.24%. Balance transfer fees start at 3% and can increase to 4%.
New users can receive a fantastic $200 sign-up bonus after spending $1,000 within the first three months.
Enjoy ongoing benefits by redeeming them in various ways, such as crediting your account statement, transferring to your Bank of America account, shopping on Amazon.com, or using PayPal.
For more information, feel free to keep reading.
Who Can Apply?
At the start of the application process, you don’t need to have a Bank of America account to apply for the card. If approved for the BoA Unlimited, a new account will be created for you.
To be eligible for the BoA Unlimited card, applicants must be at least 18 years old, or 21 in certain areas like Puerto Rico.
This card is accessible across all states in the US. To qualify, applicants should be US citizens or foreign nationals possessing a valid passport and work visa.
Additionally, a good credit history is necessary, typically falling between 670 and 700 FICO points, to be deemed eligible.
You’ll also need to provide verifiable documentation of your income during the card approval process.
It’s essential to note that meeting these criteria does not guarantee approval, as each application is subject to the discretion and availability of Bank of America.
How to Apply for the BoA Unlimited Cash Rewards Card
On Bank of America’s website, you’ll spot a noticeable button that says “Apply Now,” directing users to the application form.
As you fill out the application form, you’ll need to enter key details like your full name, last name, address, phone number, and email.
If you’re already a Bank of America client, logging in can simplify the process. You will then be prompted for banking details like your Social Security number, housing type, monthly expenses, and income.
The bank typically requests this critical information before conducting a thorough credit review.
During the application process, you may need to submit specific documents, such as proof of residency, a digital copy of your driver’s license or passport, and recent bank statements for income verification.
If you require help or encounter any issues, don’t hesitate to reach out to the bank via the online chat or by using the provided customer service phone number.
CREDIT CARD
BoA Unlimited Cash Reward
* You will be directed to an external website
Additional Details
The card offers extensive coverage and can be used via digital wallets on smartphones, eliminating the need for a physical card. Regarding security, Bank of America ensures:
- Fraud prevention lock
- $0 liability for fraud
- Balance Connect for overdraft
- Full card control via mobile
- General account alerts
- FICO score monitoring
This option not only offers incentives but also stands out as a smart choice for managing finances.
Curious about a different option?
The Capital One SavorOne focuses on rewards, offering 1% cash back on all eligible purchases and up to 3% in select everyday categories.
Additionally, this option delivers reliable security and user-friendly features, along with support for the application process.
