Discover the Steps to Apply for the BoA Unlimited Cash Rewards Card
Key Details to Review Before Applying for the BoA Unlimited Cash Rewards Card
The Bank of America Unlimited Cash Rewards card collaborates with Visa Signature, providing a fantastic 1.5% cash back on every purchase, plus extra perks for Preferred Rewards members.
The Preferred program offers a range of exclusive advantages.
You can potentially boost your reward rate on purchases to between 1.87% and 2.62%, which can greatly benefit your finances.
To qualify for this program, you must have a valid and active Bank of America account.
Additionally, you need to maintain an average balance of $20,000 over a three-month period, including both deposit and Merrill investment accounts.
The Bank of America credit card comes with no fees and provides a 15-month introductory APR for balance transfers and purchases.
After that, interest rates range from 18.24% to 28.24%. For balance transfers, the fee starts at 3% and can increase to 4%.
New customers can also enjoy a **$200 sign-up bonus** after spending $1,000 or more within the first three months.
You can redeem rewards that never expire through various options, like statement credit, Bank of America account deposits, shopping on Amazon.com, and PayPal.
For more details, keep reading.
Who Can Apply?
No prior customer status with Bank of America is needed to apply for the card. Once you obtain the BoA Unlimited, a card account will be created for you automatically.
Applicants must be at least 18 years old to enroll in the Boa Unlimited program, with a minimum age of 21 in some areas, such as Puerto Rico.
Every state in America offers access to the benefits of this card. To qualify, you must either be a US citizen or a foreign national holding a valid passport and work visa.
It’s essential that your credit report reflects a solid credit score, typically between 670 and 700 FICO points.
You’ll also need to provide verifiable proof of income to proceed with the card approval process.
However, even if you meet these criteria, approval isn’t guaranteed, as each application is subject to Bank of America’s evaluation.
How Can You Apply for the BoA Unlimited Cash Rewards Card?
Visit Bank of America’s official site where you’ll find a clear “Apply Now” button leading you to the application form.
When you access the application form, you’ll need to fill in key details like your first name, last name, address, phone number, and email.
If you’re an existing Bank of America customer, logging in can streamline your application. You’ll then provide financial info such as your Social Security number, living situation, monthly costs, and income.
The bank typically asks for this information to conduct a thorough credit assessment.
Throughout the application process, you may need to submit documents such as proof of address, a digital copy of your driver’s license or passport, and recent bank statements to validate your income.
If you have questions or encounter any issues, don’t hesitate to reach out to the bank via online chat or other customer service options, including the phone number provided.
Further Details
The card is highly versatile, allowing usage with smartphone wallets rather than just the physical card. In terms of security, Bank of America offers:
- Balance Connect for overdraft protection
List item: Anti-fraud security lock.
Zero liability for unauthorized charges
Effortless card management via the app.
List item: Get alerts on your account status.
Regular monitoring of your FICO score
Additionally, beyond the rewards, it’s a fantastic option for managing finances effectively.
Curious about another option?
This Capital One SavorOne card is all about its rewards, offering 1% cash back on all purchases and up to 3% in select categories.
In addition, this option features robust security and handy tools, plus guidance on how to apply.
