How do people rate Bank of America cash rewards cards?


Quick Answer

Reviews of the Bank of America Cash Rewards credit card are mixed. The card offers at least 1% cash back on purchases, with higher rewards rates offered in certain purchase categories such as gasoline and groceries.

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Full Answer

As of October 2015, over 160 individuals have rated Bank of America's Cash Rewards credit card on CreditKarma.com, with almost 40% of users giving the card the highest possible rating of five stars. Relatively few users give the card average evaluations, as reviews are skewed towards very favorable and very critical.

About Money recommends this credit card to individuals who have decent credit and who want to enjoy cash back on their purchases without paying an annual fee. A key positive attribute of the card is no limit on the cash back that customers can earn each year, and a potential drawback is the high 4% fee for balance transfers.

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