Review
Bank of America® Customized Cash Rewards Credit Card for Students Review: Great Rewards and No Annual Fee
Looking for a student credit card that rewards your spending habits? The Bank of America Customized Cash Rewards Credit Card for Students lets you pick your bonus category and offers a $200 bonus.
| Annual Fee | $0.00 |
| Regular APR | 17.49% - 27.49% variable |
| Intro APR | 0% Intro APR for your first 15 billing cycles for purchases, and for any balance transfers made within the first 60 days of opening your account. After the intro APR offer ends, a Variable APR that's currently 17.49% to 27.49% will apply. |
| Rewards Rate | 3% cash back + 3% bonus |
| Sign-up Bonus | $200 online cash rewards bonus |
| Other Fees | 3% of each transaction intro balance transfer fee for the first 60 days your account is open. After the intro balance transfer fee offer ends, the fee for all future balance transfers is 4%. |
Overview
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Generous sign-up bonus
- Cashback on purchases
- Rotating bonus categories
Things to consider
- High regular APR
- Limited rewards categories
- High balance transfer fee
- Limited quarterly maximum
Benefits
Drawbacks
Decision Guidance
Summary
The Bank of America® Customized Cash Rewards Credit Card for Students is a decent option for students looking to build credit and earn rewards. Its strengths include the customizable 3% cash back category, the $200 sign-up bonus, and the absence of a...