Bank of America Mastercard Credit Card Login
Comparing the best Bank of America credit cards
The information for the Air France KLM World Elite and Free Spirit Travel More cards has been collected independently past The Points Guy. The card details on this folio accept not been reviewed or provided by the card issuer.
Best Bank of America credit cards
Bank of America Customized Cash Rewards credit card
Annual fee: $0.
Sign-upward bonus: $200 after you lot spend $1,000 on purchases in the kickoff 90 days of account opening.
Earning rate: 3% cash dorsum in the category of your choice each month (gas, online shopping, dining, travel, drug stores or home improvement and furnishings), 2% at grocery stores and wholesale clubs (on up to $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, then 1%) and one% on everything else.
Why y'all should apply: The Bank of America Customized Cash Rewards card is one of the only credit cards that allows you to essentially customize your rewards construction to fit your irresolute spending habits throughout the year — with the hazard to change categories every calendar month. This is especially valuable right now, as many people go along to shift their spending habits away from gas and travel to online shopping and takeout, thanks to the ongoing pandemic. This card will requite yous the freedom to modify your rewards every month to maximize your spending, and then revert back to other spending categories one time you are traveling and going to work again.
Related: Credit cards we're using most during the pandemic
Bank of America Travel Rewards credit card
Annual fee: $0.
Sign-upwardly bonus: 25,000 points later you spend $1,000 in purchases in the first ninety days of business relationship opening — which can be redeemed for a $250 argument credit toward travel purchases.
Earning rate: one.5x on all purchases.
Why you should apply:This card operates similarly to the Capital letter One Venture Rewards Credit Card. You're earning flat-rate rewards across all spending, and so you lot can use those rewards as a statement credit to erase eligible travel purchases.
Although this certainly isn't the most lucrative or flexible rewards menu, it is perfect for low-budget beginner travelers who want a card with no almanac fee and a simple way to earn and redeem points.
Depository financial institution of America Premium Rewards credit card
Annual fee: $95.
Sign-up bonus: 50,000 points (a $500 value) afterwards you spend $iii,000 in purchases in the first xc days of account opening.
Earning rate: 2x on travel and dining, and 1.5x on all other purchases.
Why you should apply:For such a low almanac fee, this Bank of America card packs a dial. You'll get $500 in value out of the sign-up bonus, and you'll become perks such as an up-to-$100 annual airline incidental argument credit and an up-to-$100 credit that can exist applied toward the Global Entry or TSA PreCheck enrollment fee every iv years.
It also comes with travel insurance protections including trip delay/cancellation/suspension insurance, baggage delay/loss insurance, emergency evacuation and transportation insurance, and rental auto insurance — perks that normally come with more premium cards.
The Premium Rewards bill of fare is a bit more than flexible than Banking concern of America's other branded credit cards because yous can redeem your rewards for travel, cash dorsum or even eolith into a linked Bank of America or Merrill business relationship. Plus, the fact that you earn 1.5x on non-bonus spending means this is a skilful carte du jour for everyday purchases.
However, yous can boost your return by as much as 75% through Banking concern of America's Preferred Rewards program. To participate, you'll need an eligible Banking company of America checking account and an average daily residuum of at to the lowest degree $20,000 in qualifying deposit or investment accounts. The largest bonus is bachelor to customers with a balance of $100,000 or more — at that level, you lot'll earn 3.5 points per dollar on dining and travel, and an impressive 2.62 points per dollar on non-bonus spending.
If you lot already have loftier-value accounts with Banking company of America, and then getting this menu is a no-brainer. If not, establishing a new cyberbanking relationship — similar The Points Guy, Brian Kelly, did — may be a assisting move.
Related: The 5 credit cards The Points Guy is using the most in 2020
Best Bank of America airline credit cards
Alaska Airlines Visa Signature credit card
Annual fee:$75.
Sign-up bonus:40,000 bonus miles and Alaska's Famous Companion Fare from $121 ($99 fare plus taxes and fees from $22) afterward you brand $2,000 or more in purchases inside the first xc days of opening your account.
Earning rate: 3x on eligible Alaska Airlines purchases and 1x on other purchases.
Why you should employ: Alaska miles open upwardly some exciting redemption options. TPG values Alaska miles at ane.8 cents each thank you to an incredible partner award chart, making the sign-upwardly bonus worth $720. The carte du jour likewise comes with a companion fare, which will give your companion traveling on the same itinerary a free jitney ticket on Alaska-operated flights from $121 ($99 fare plus taxes and fees from $22), among other perks like discounts on inflight purchases and lounge passes. Alaska miles are even more valuable now that Alaska has joined Oneworld and American Airlines and Alaska accept launched reciprocal mileage earning.
Related: I flew Alaska on its first day in Oneworld: Hither'due south what it was like equally an American Airlines aristocracy
Air France KLM Globe Elite Mastercard
Annual fee: $89.
Sign-upwardly bonus: For a limited time, you can earn 50,000 miles and a $100 statement credit after you spend $2,000 inside the beginning ninety days of account opening.
Earning rate: 3x on Air French republic, KLM and purchases with SkyTeam member airlines, and i.5x on everything else.
Why y'all should apply: Earning Flying Blueish miles isn't hard with the multiple airlines which are part of the program (plus credit cards and other airlines as transfer partners), merely this card can assistance you lot summit off your account. If you wing with airlines that earn Flying Blueish miles ofttimes, it's worth taking a expect at this carte du jour to help you boost your miles balance.
Related: The ultimate guide to earning and redeeming with Air France-KLM Flight Bluish
Free Spirit Travel More World Elite Mastercard
Annual fee: $79, waived the first year.
Sign-up bonus: 40,000 bonus points plus a $100 Companion Flying Voucher later making at least $1,000 in purchases within the start 90 days of account opening.
Earning charge per unit: 3x on eligible Spirit purchases, 2x on eligible dining and grocery shop purchases, and 1x on all other purchases.
Why you should employ: Spirit is an ultra-low-cost carrier with a no-frills approach to flight. While it won't exist winning any TPG awards for the all-time premium flight experiences, budget travelers can take advantage of its low prices on both cash and laurels flights (redemptions start at only 2,500 miles with Spirit's revamp of its loyalty program, Free Spirit). This card offers a solid way to rack up miles for this airline and an easy-to-hit welcome bonus.
Related: Hear the states out: Why Spirit gives Delta a run for its money in our head-to-head comparing
Best Bank of America business credit cards
Bank of America Business Advantage Customized Greenbacks Rewards Mastercard
Annual fee: $0.
Sign-upwards bonus: $300 statement credit after you spend $three,000 on purchases in the starting time 90 days of account opening.
Earning rate: 3% cash dorsum in the business organisation category of your choice and 2% on dining (on the first $fifty,000 in combined choice category/dining purchases each agenda yr, and then 1%), and ane% on all other purchases.
Why you should apply:But like the personal version of this card, the Banking company of America Business Advantage Customized Cash Rewards Mastercard allows you customize your rewards construction to fit your needs. The available 3% bonus categories include gas stations, role supply stores, travel, TV/telecom and wireless services, computer services and business consulting services. For those with business credit cards who demand the flexibility to switch the 3% greenbacks-back category each month, this is a one-of-a-kind pick.
Bank of America Business concern Advantage Travel Rewards Globe Mastercard
Annual fee: $0.
Sign-upward bonus: 30,000 points after you spend $3,000 on purchases in the first ninety days of account opening — which can exist redeemed for a $300 statement credit toward travel or dining-related purchases.
Earning rate: 3x on travel booked through Bank of America Travel Middle and i.5x on all other purchases.
Why you lot should utilise:For a no-annual-fee card, it has quite a lucrative earning potential — especially if y'all tend to book travel through a tertiary-political party platform such as Expedia. If you also authorize for the Bank of America Preferred Rewards program (more on that below), you could earn up to 25-75% more than rewards, or an up to 3.75-5.25x rate on travel purchases. That earning charge per unit beats the rates of enough of top business organisation credit cards on the market, and yous don't even have to pay an annual fee to take advantage of information technology.
How we chose the all-time Banking company of America credit cards
After looking at Bank of America's credit carte lineup, we studied the cards' pros and cons. We evaluated each menu blazon and each bill of fare'south details. Bank of America cards can be broken down into three categories: Depository financial institution of America-branded cards, airline cards and business cards.
Bank of America'southward branded cards are the issuer'southward primary cards that can take advantage of the Preferred Rewards program. Airline cards are cobranded options for flyers loyal to certain airline programs. Business cards are similar to Bank of America'southward consumer options but employ a split Preferred Rewards program.
When looking at each card within their respective categories, we evaluated the sign-up bonus, rewards, perks, redemption and annual fees before choosing which ones are worth looking at.
Bank of America application restrictions
Although not about as restrictive as Chase's infamous v/24 dominion, Bank of America has its own organisation in place to limit the number of new accounts for which you tin can be approved, often referred to as the ii/iii/4 rule. You can merely be canonical for:
- Ii cards in a rolling two-month period.
- Three cards in a rolling 12-month period.
- 4 cards in a rolling 24-month period.
Notation that this doesn't apply to concern cards issued by Bank of America, and likewise doesn't count cards issued to you by another depository financial institution. If you max out all five of your slots with Hunt, you shouldn't have a problem turning around and applying for an offer similar the 40,000 miles and Alaska's Famous Companion Fare from $121 ($99 plus taxes and fees from $22) subsequently you spend $2,000 on purchases in the offset 90 days of business relationship opening on the Alaska Airlines Visa Signature credit carte du jour.
However, at that place are reports of Banking company of America adding restrictions to carte du jour application approvals that mirror Chase's five/24 rule. Although the verbal threshold is unconfirmed, opening too many cards over the course of a year (beyond all issuers) could hateful your Bank of America application is denied. Of course, you're less likely to be denied if you have an existing customer human relationship with the banking company.
You should also know that y'all can't be approved for a second version of the same card within ninety days of your first application, which ways you lot can't double-dip this elevated Alaska bonus to try and score a Cathay Pacific beginning-class honor solely through sign-upwardly bonuses.
Maximizing Depository financial institution of America Preferred Rewards
Information technology's no clandestine that Bank of America favors cardholders with whom it has banking relationships. This is less than ideal for anyone who keeps their money with other banks, simply you lot tin accept advantage of a number of perks and benefits if you are a Bank of America client who qualifies for the Preferred Rewards programme. You can read all nearly the program hither, but to qualify you'll need:
- An eligible Bank of America personal checking business relationship.
- A three-month average combined balance of $xx,000 or more than in a Banking company of America account and/or Merrill investment accounts.
If you meet these requirements, your earning rates go significantly college.
If you qualify for Platinum Honors, y'all'll exist earning 3.5x on dining and travel, plus 2.62x on all other purchases with the Bank of America Premium Rewards card. A 2.62% render makes that card 1 of the best options for not-bonus everyday spending.
If you aren't currently banking with Bank of America, information technology might be worth moving some money over, like The Points Guy himself did when the Premium Rewards card launched. TPG's Richard Kerr has also said for a long time that Banking company of America Preferred Rewards is not a programme to be ignored. Fixed-value cards go a little more appealing every time an airline devalues its accolade chart or restricts premium-cabin redemptions, and when you combine the in a higher place-boilerplate earning rates with the fact that y'all get "paid" $5 a year to keep the Premium Rewards menu open, information technology begins to look very appealing.
The good news for those who currently have Preferred Rewards condition is that yous don't accept to worry about maintaining your residue right now. Depository financial institution of America recently sent out email updates to Preferred Rewards members stating that they've temporarily suspended their annual program review procedure. This means anyone with status right at present should go along to receive the same level of benefits, even if you drop below the minimum residuum requirement. They are still allowing people to qualify for tiers, though.
Bottom line
Uncovering the value of Bank of America's credit cards takes a little more work than with other issuers. But between loftier-value cash back on everyday spending and one of the but cobranded credit cards worth consistently spending on, there'due south too much here to simply ignore. At the very to the lowest degree, anybody should accept a hard look at the Premium Rewards menu and Alaska Airlines Visa Signature card. Y'all might discover that one of these cards has a worthwhile identify in your wallet.
For additional reading, bank check out our picks for the best credit cards.
Additional reporting by Stella Shon.
Featured photo by John Gribben/The Points Guy.
Updated on 12/23/21.
Bank of America Mastercard Credit Card Login
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